| Mar 30, 2013
| 12:36 PM
A month after across-the-board federal spending cuts began, there are signs that one of the most troubling potential consequences for Maryland — the furloughing of federal employees — might not be as widespread as initially feared.
| Jun 10, 2013
| 9:58 AM
WASHINGTON -- Standard & Poor's, which downgraded the U.S. credit rating nearly two years ago, said Monday it was more optimistic about the nation's long-term fiscal situation and had removed the negative outlook from the rating.
The automatic federal...
| Jun 11, 2013
| 4:46 PM
The University of Maryland Medical Center will send layoff notices to employees at the end of the month as it looks to cut costs in the wake of federal budget cuts and what it and other state hospitals have called inadequate rate increases.
| Jun 12, 2013
| 2:45 PM
By some measures, L.A.'s Center Theatre Group is the busiest nonprofit stage company in the nation — and it's the biggest by far outside Manhattan. But now this theatrical giant is in serious need of more than a little help from its friends.
| Jun 14, 2013
| 10:42 AM
WASHINGTON -- The International Monetary Fund on Friday urged U.S. officials to scale back its automatic federal spending cuts, warning that they were "excessively rapid and ill-designed" and were hurting the nation's economic recovery
| Jun 14, 2013
| 6:38 PM
Chicago Public Schools said Friday that 663 employees at schools the district is closing, including teachers, teaching assistants and bus aides, don't qualify to follow students to their new schools and will be laid off.
The total includes 420 teachers,...
| Jun 20, 2013
| 6:24 AM
WASHINGTON -- Initial jobless claims jumped by 18,000 last week, but remained at a level that indicates moderate labor market growth.
There were 354,000 people who filed for first-time unemployment benefits in the week ending Saturday, up from a revised...
| Jun 21, 2013
| 4:28 PM
Maryland employers made up most of April's lost ground with a gain of 4,600 jobs in May, but the state's unemployment rate still rose to 6.7 percent, the U.S. Department of Labor said Friday.
The jobless rate was 6.5 percent in April. Maryland was one of...
| May 22, 2013
| 6:34 AM
WASHINGTON — A top Federal Reserve official said Wednesday that a decision on reducing the central bank's unprecedented economic stimulus efforts still is three to four months away as policymakers first must determine if the recovery is strong...
| Oct 1, 2013
| 10:59 AM
As almost everyone knows -- certainly everyone in Washington and on Wall Street -- the ongoing government shutdown is merely the amuse-bouche to a truly terrifying main course: the breaching of the federal debt limit and therefore a default on the...
| Oct 7, 2013
SACRAMENTO — Ten years ago, California erupted in an anti-government, anti-establishment convulsion unlike any ever seen.
Disgruntled voters seized the chance for a rare do-over, recalling their staid and serious governor, Gray Davis, and...