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U.S. stocks fell sharply Monday as a troubling increase in coronavirus counts put investors in a selling mood. The skid came as doubts mount on Wall Street that Washington will come through with more stimulus for the economy before Election ...

A $50 billion bond market once heralded as the future of housing finance has been stuck in limbo since the start of the coronavirus crisis, and now proposed regulatory changes have left investors worrying that they might be left holding ...

CHARLOTTE, N.C. — Sales of new homes fell by 3.5% in September to a seasonally-adjusted annual rate of 959,000 million units, the Commerce Department said Monday, as the housing market’s hot summer buying season cooled. The Commerce Department said Monday ...

Oakland-based United Bankshares Inc. Monday reported record 2020 third-quarter earnings of $103.8 million, a jump of 157% compared to $66 million for the same period in 2019. Earnings for the first nine months of 2020 were $196.7 million, or $1.68 ...

With confirmed COVID cases surging across the United States, so is the risk that the economy could weaken again as more people choose to hunker down at home — and that even more stimulus might be needed next year than negotiators in Washington are contemplating.

Tagged with: COVID-19

Morgan State University announced a five-year, multimillion-dollar uniform and apparel partnership Monday with international athletic outfitter Under Armour, naming the global performance brand as the official outfitter for the university’s athletic department and its teams. The uniform and apparel agreement with Under Armour will ...

Bethesda-based commercial real estate finance company Walker & Dunlop Inc. announced Monday that its multifamily property sales group, Walker & Dunlop Investment Sales, recently completed the sale of The Columns at Bentley Manor, a 418-unit garden style apartment community in Marietta, Georgia. The Columns ...

AE Industrial Partners, LP (“AEI”), a Boca Raton, Florida-based private equity firm specializing in aerospace, defense & government services, power generation, and specialty industrial markets, announced Monday it acquired Columbia-based PCI, a provider of cybersecurity, computer network operations (“CNO”), cloud, ...

Worcester, Massachusetts-based The Hanover Insurance Group Inc. Monday expanded its business in Maryland to include personal lines insurance and appointed a group of the top independent agents in the state to serve its growing customer base. The Hanover has a strong presence in the Maryland commercial lines ...

The Baltipreneur Accelerator Program, a part of Loyola University Maryland's Center for Innovation & Entrepreneurship, saw an increase in applicants, finalists and potential prize money in its second year.