WASHINGTON — The Baltimore city government is on a path to financial ruin and must enact major reforms to stave off bankruptcy, according to a 10-year forecast the city commissioned from an outside firm. The Baltimore city government is on ...

Tagged with: Baltimore Bankruptcy budget Economy financial Government maryland Mayor Stephanie Rawlings-Blake

It is particularly important to pay attention to your estate and income tax planning this year, as we approach the fiscal cliff, sunset of some attractive tax laws and the potential of some additional taxes. The following are some strategies you may want to consider as we move toward year end.

Tagged with: advice charitable giving financial Marianne D. Fishler

Gross, Mendelsohn & Associates P.A. has added Stephanie Frank to the firm’s Technology Solutions Group as an administrative assistant. She will provide sales and marketing support to the team, handling client communication and product research, preparing price quotes and proposals ...

Tagged with: accounting CPA financial

NEW YORK — Stocks wobbled between gains and losses Monday as investors turned their attention toward mixed headlines out of Europe. Greece’s two main political parties reached a deal over the weekend to share power in a new government, increasing ...

Tagged with: crisis financial market New York Stock Exchange NYSE stock market united states

Maryland shed 2,500 jobs in August, the jobless rate climbed to 7.3 percent and the state’s labor secretary said there is no end in sight for the uneven recovery and lackluster employment figures. Since August 2010, payrolls in Maryland have ...

Tagged with: alexander m. sanchez Economy financial jobs Manufacturing maryland Retail Unemployment verizon

At the suggestion of his successor, former University of Baltimore School of Law Dean Phillip J. Closius has proposed a way to resolve the financial issues between the law school and university that led to his resignation last month. Closius ...

Tagged with: dean financial phillip j. closius Robert L. Bogomolny school of law University of Baltimore

Don’t look away for too long. You might miss a market rally. Or a plunge. The Dow Jones industrial average is up 80 points after being down as many as 245 points on Friday. It had been up by as ...

Tagged with: dow jones dow jones industrial average Economy employment financial gains hiring jobs jobs report labor Labor Department markets Stocks u.s. government

ANNAPOLIS — State prison officials on Tuesday told legislators reviewing a very negative audit of their Baltimore Region financial operations that personnel problems helped cause large gaps in financial accountability, but they were making changes. “Looking at this audit, it’s ...

Tagged with: Baltimore financial Joint Audit Committee maryland Office of the Attorney General Prison

LONDON — Former BP PLC chief Tony Hayward has acknowledged that the company was unprepared for the disastrous Gulf of Mexico oil spill and the media frenzy it spawned, and said the firm came close to financial disaster as its ...

Tagged with: BP british petroleum CEO credit deepwater horizon financial gulf of mexico