Please ensure Javascript is enabled for purposes of website accessibility

Tag Archives: businesses

U.S. growth slowed to 2.2 percent in first quarter

WASHINGTON — The U.S. economy grew more slowly in the first three months of this year. Governments spent less, and businesses cut back on investment. But consumers spent at the fastest pace in more than a year. The result suggests ...

Read More »

Jobless claims fall to lowest level in 4 years

WASHINGTON — The number of people seeking U.S. unemployment benefits dropped last week to the lowest level in four years, adding to evidence that the job market is strengthening. Applications for weekly unemployment benefits fell by 5,000 to a seasonally ...

Read More »

U.S. orders for long-lasting goods rise 2.2 percent

WASHINGTON — U.S. companies ordered more long-lasting goods last month, showing businesses are willing to buy equipment and machinery even after an investment tax credit was halved. The Commerce Department said Wednesday that orders for durable goods rose 2.2 percent ...

Read More »

Tax credit review legislation wins tentative approval in House of Delegates

ANNAPOLIS — The House of Delegates gave preliminary approval Saturday to legislation that would require the review of 31 of the state’s 341 tax breaks, many of which go to businesses and industries. HB 764 would force the review of ...

Read More »

Millionaire’s tax, combined reporting back again

Two proposals that consistently rankle business interests big and small in Annapolis resurfaced Wednesday for their annual appearance in the State House. They are, of course, the millionaire’s tax and combined reporting. (S.B. 249 and S.B. 269, respectively, if you’re ...

Read More »

Editorial: Going after tax giveaways

Buried beneath a pile of tax increases and spending cuts in Gov. Martin O’Malley’s proposed budget that are already attracting lightning bolts from all sides is a small but important victory for Maryland taxpayers — if the General Assembly has ...

Read More »

28% of state residents have started firms

More than one-quarter of Maryland residents have founded or co-founded a new business, according to a survey on entrepreneurialism released Friday by the state’s economic development arm. The results of the study will serve as a foundation for the Department ...

Read More »

Economy gets mixed batch of news ahead of holidays

WASHINGTON — At the start of the critical holiday shopping season, the economy received a dose of mixed news Wednesday. Consumers barely increased their spending in October, and businesses pulled back on investment in long-lasting manufactured goods. Still, Americans’ pay ...

Read More »

Fed considers more clarity on interest rate policy

WASHINGTON — Federal Reserve policymakers this month discussed how they could give businesses and investors more information about what might trigger an increase in interest rates, according to minutes of the Nov. 1-2 meeting. But the Fed held off making ...

Read More »