| Jan 26, 2012
| 7:51 AM
The Wall Street Journal reports the Federal Reserve can still wow markets, with Chairman Ben Bernanke's low-rate announcement Wednesday setting blue-chip stocks to an eight-month high.
The newspaper reported that stocks, bonds and commodities jumped...
| Sep 10, 2012
| 9:05 PM
Many middle-class families in high unemployment states like Florida will likely have to struggle longer to regain the income they had more than a decade ago, according to a report released Tuesday.
The Washington-based Economic Policy Institute predicted...
| Dec 3, 2011
| 7:23 PM
Shortly after Mitt Romney resigned from Bain Capital in 1999 to run the Olympics in Salt Lake City, potential investors received a prospectus touting the extraordinary profits earned by the private equity firm that Romney controlled for 15 years....
| Jul 29, 2011
| 6:17 PM
With last-minute support from Maryland's Republicans, the House of Representatives narrowly approved a bill Friday to raise the nation's debt ceiling, but the high-stakes hunt for a bipartisan plan that could pass both chambers of Congress was set to...
| Aug 7, 2011
| 5:10 PM
Ed Fishel is a year and three months from retirement. Ask him if he noticed that the stock market plunged last week, and the Monkton man will laugh incredulously.
"Are you kidding me?" he said Friday, less than 24 hours after stock-market indexes...
| Aug 5, 2011
| 8:31 PM
So the Dow plunged 513 points Thursday, marking the worst day for the Dow since 2008.
What it means for you depends on where you're invested, said Donald Ackley, Certified Financial Planner with Ameriprise Financial in Williamsburg.
"If you have a...
| Aug 10, 2011
| 7:27 PM
As if foreclosures, high unemployment and tight credit weren't enough, would-be homebuyers in the Baltimore region got more fodder for wariness Wednesday as the Dow Jones industrial average plunged more than 500 points and a new local report showed...
| Aug 14, 2011
Despite the wild ride our retirement accounts took this month, knock wood it wasn't the week that was — in October 1929.
On Tuesday, Wall Street rallied, at least temporarily, and then yo-yo'd through the week. On Oct. 29, 81 years ago, the...
| Aug 10, 2011
| 4:59 PM
Two local publicly-held companies came close to double-digit declines when the Dow Jones Industrial Average plunged 519 points Wednesday.
DineEquaity, owner of Applebee's and IHOP, saw its stock drop by 9.9% after it lost $3.93 to close at $35.60 per...
| Aug 18, 2011
| 6:06 PM
On the day I’m writing this, I’m about 3% wealthier than I was the day before, when I was about 5% wealthier than the day before, at which point I was about 10% poorer than I was the day before that.
I watch the stock market a lot. I’...
| Nov 25, 2011
| 2:46 PM
If it has been a while since you've driven through the heart of this Eastern Shore city, the buildings might come as a shock. One after another, they tower shiny and modern above the chain restaurants and strip-mall shops that dominate Route 13.