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US average mortgage rates rise slightly; 30-year at 2.98%
WASHINGTON — Mortgage rates rose slightly this week after three weeks of declines as new economic data underscores the recovering economy’s strength. The benchmark 30-year home loan, however, remains below […]
US recovery from pandemic recession is showing momentum
WASHINGTON — Powered by consumers and fueled by government aid, the U.S. economy is achieving a remarkably fast recovery from the recession that ripped through the nation last year on […]
Amazon’s profit more than triples as pandemic boom continues
NEW YORK — Amazon’s pandemic boom isn’t showing signs of slowing down. The company said Thursday that its first-quarter profit more than tripled from a year ago, fueled by the […]
Nearly 4 Million square feet of industrial space leased in greater Baltimore Area in Q1, Lee & Associates says
Nearly 4 million square feet of industrial/warehouse space was leased in the greater Baltimore metropolitan region in first quarter 2021, according to a report released by Lee & Associates | […]
United Way NCA opens new Financial Empowerment Center at Montgomery County
United Way of the National Capital Area (United Way NCA) Thursday announced the opening of its new United Way NCA Financial Empowerment Center (FEC) at Montgomery County. The announcement was […]
Merchants sue Federal Reserve over fees for debit cards
NEW YORK — Two trade groups representing businesses in North Dakota filed a lawsuit Thursday against the Federal Reserve, asking the agency to lower its 10-year-old cap on “swipe” fee […]
PSB Holding Corp. sees uptick in Q1 net income in 2021
PSB Holding Corp., the parent company of Preston-based Provident State Bank Inc., reported net income of $1.21 million ($.79 per diluted common share) for the first quarter ended March 31, compared to $1.44 million ($.94 per diluted […]
Evon Medics awarded $2.5M grant to evaluate device for Alzheimer’s treatment
Elkridge-based Evon Medics LLC Thursday was awarded a non-dilutive grant of $2.5 million for its SBIR (Small Business Innovation Research) Phase II clinical trials for the development and evaluation of its non-invasive […]
Sirnaomics, Walvax to develop antiviral RNAi therapeutic product candidate
Sirnaomics Biopharmaceuticals, a subsidiary of Sirnaomics Inc., a Gaithersburg-based biopharmaceutical company engaged in the discovery and development of RNAi therapeutics against cancer, fibrotic diseases and viral infections, Thursday announced the company […]
T. Rowe announces strong quarter, plans for return to the office
T. Rowe Price announced another strong quarter to start 2021, with results signaling continued growth following a brief downturn at the start of the coronavirus pandemic. The company also announced plans for a return […]
Walker & Dunlop jumps to 4th largest commercial real estate lender in US
Walker & Dunlop Inc. is now the fourth largest lender to the U.S. commercial real estate industry based on the 2020 Mortgage Bankers Association loan origination rankings. The Bethesda-based company now […]
Sagepoint Senior Living Services cleared of alleged deficiencies
One year after an inspection by the Office of Healthcare Quality (OHCQ), an independent administrative law judge Wednesday overturned all violations found against Sagepoint Senior Living Services, southern Maryland’s only nonprofit nursing […]
