Americans are losing faith that the economy will keep improving, according to a monthly survey. The Conference Board’s Consumer Confidence Index fell to a six-month low of 60.8 from a revised 66 in April, a sign of the toll that ...

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Credit was once defined as “man’s confidence in man.” But in fact, the definition of credit today is more like “man’s confidence in himself.” Using credit today means you have confidence in your future ability to pay that debt. Forty ...

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If you’re shopping for a new mortgage, it may be the best time ever to get your best deal because not only is competition among lenders heating up, competition among loan officers are doing likewise. The reason for this is ...

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NEW YORK — Amazon.com Inc. apologized Friday for a data-center outage that brought down major websites including Foursquare and Reddit and offered Web services customers a 10-day credit. The company isn’t disclosing how much the credit will cost it. Amazon ...

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WASHINGTON — Federal Reserve officials raised concerns last month that a big jump in energy prices could weaken the economy and unleash inflation, prompting a few to suggest the possibility of tightening credit this year. Such a move usually involves ...

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ANNAPOLIS — A proposal to toughen taxes for multistate corporations could grow more palatable to lawmakers as they approach votes on a package of spending cuts and accounting maneuvers designed to span a $1.6 billion budget deficit. Supporters of combined ...

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Sandy Spring Bancorp Inc., the parent company of Sandy Spring Bank, not only reported a profit for the fourth quarter of 2010, but said Thursday it had paid off the $83 million in preferred stock issued to the U.S. Treasury ...

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A Baltimore County judge last week granted motions requiring at least two of Lord & Whip P.A.’s last three partners to pay a $270,000 confessed judgment filed against them by Bank of America. Jennifer S. Lubinski and Kathleen M. Bustraan ...

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ANNAPOLIS — Chesapeake Lodging Trust is buying the Le Meridien San Francisco hotel for $143 million. The real estate investment trust said Monday that it plans to finance the deal with a $60 million term loan, a $45 million borrowing ...

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As we enter the third holiday season after the onset of the “Great Recession,” American consumers may be battling penny-pinching fatigue. We’ve scrimped. We’ve saved. When do we get to reward ourselves? Sure, it would be fun to celebrate the ...

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