WASHINGTON — Federal Reserve Chairman Ben Bernanke says data that show the U.S. economy in recovery doesn’t fully capture the tough times felt by many. Bernanke says that while measures of consumer spending, income and wealth point to improvement, “many ...

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WASHINGTON — Orders to U.S. factories rose in December, supported by a rebound in business investment in capital goods such as heavy machinery. The results cap off another strong year for U.S. manufacturing. Combined with strong figures released Thursday on ...

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Click on the yellow hotspots on the map to hear from businesses and economic development officials on Maryland’s Eastern Shore.

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The second-quarter Maryland Business Climate Survey finds optimism continuing among Maryland business owners about the state’s long-term economic recovery prospects. Overall, 67 percent of businesses anticipate expanding their products and services in 2011’s second half, while only 8 percent expect ...

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WASHINGTON — We may be into the second year of the economic recovery, but Federal Reserve Chairman Ben Bernanke and his colleagues are still facing plenty of challenges as they try to keep a fragile expansion on track. A host ...

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U.S. stocks are opening lower a day after the market broke its longest losing streak in more than a year. Stocks suffered this month as weak economic news dampened hopes for a speedy economic recovery. The Dow Jones industrial average ...

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WASHINGTON — The number of Americans seeking unemployment benefits hardly changed for a second straight week, stuck at a high level that points to a slowing job market. Weekly unemployment benefit applications ticked up 1,000 to a seasonally adjusted 427,000 ...

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WASHINGTON — Fixed mortgage rates slid for the seventh consecutive week, but the lowest rates of the year have done little to lift the struggling housing market. Freddie Mac says the average rate on the 30-year loan fell to 4.55 ...

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ANNAPOLIS — Maryland’s governor’s office says a two-week federal government shutdown could cost the state millions in reduced income tax revenue and reduced spending on taxable goods. In addition, Gov. Martin O’Malley’s office said Thursday, there could be more revenue ...

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Erin Abell left a job in finance to volunteer for John McCain’s presidential campaign in early 2008. She had hoped to return to the industry after the election, but by then Wall Street was on life support, and Abell had ...

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