| 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.
| Aug 22, 2012
| 9:39 AM
Admit it. Most everyone around here had long since given up on Chris Tillman being a productive major league starting pitcher. He had been up and down more than the Dow Jones Industrial Average and his inability to stick at the major league level seemed...
| Mar 13, 2013
Last Friday, the Labor Department reported that 236,000 new jobs were created in February. That's good news -- but not nearly good enough. Even if this rate were to continue, which seems unlikely, the United States wouldn't be back to pre-recession levels...
| Oct 15, 2012
| 3:00 AM
The U.S. unemployment rate has dropped to its lowest level in about four years. Real estate foreclosure filings fell last month to the lowest number since the summer of 2007. Meanwhile, the stock market has enjoyed a pretty nice 2012, with the Dow Jones...
| Mar 6, 2013
| 9:54 AM
Economist John Kenneth Galbraith once observed that there are two kinds of market forecasters, those who don't know and those who don't know they don't know. That is well illustrated by the current disconnect between Wall Street and Main Street, as the...
| May 28, 2013
| 10:22 AM
The latest indicator that the U.S. economy is on the upswing can probably be found on the street where you live: It's the "sold" sign planted in the neighbor's yard.
Perhaps you hadn't noticed, but the real estate industry is not the moribund mess you...
| Aug 2, 2011
Obama says we must live within our means, but meanwhile we need many new 'investments.'...
| Aug 4, 2011
Dow Jones drops but Obama still talks more spending and gets two more birthday parties....