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Tag Archives: great recession

Salisbury completes $40M fundraising campaign

More than 23,000 donors helped Salisbury University raise nearly $40 million in its just-completed six-year fundraising campaign, well above the school’s $25 million goal. “We didn’t just ask the million dollar donors to invest. We asked all the alumni of ...

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U.S. unemployment claims fall to lowest since 2008

WASHINGTON — The number of people seeking unemployment benefits plummeted last week to 352,000, the fewest since April 2008. The decline added to evidence that the job market is strengthening. Applications fell 50,000, the biggest drop in the seasonally adjusted ...

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Documents show how Fed missed housing bust

WASHINGTON — Ben Bernanke presided over his first meeting as Federal Reserve chairman in March 2006 believing the nation’s economy could pull off a “soft landing” from falling home prices. Three months later, Bernanke had begun to grasp that he ...

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Home purchases up, but earlier sales look weaker

WASHINGTON — The number of Americans who bought previously occupied homes rose last month. But the National Association of Realtors says it overstated more than 3 million sales during and after the Great Recession, showing the housing market was weaker ...

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Unemployment fell in 43 states in November

WASHINGTON — Unemployment rates fell in 43 states in November, the most number of states to report such declines in eight years. The falling state rates reflect the brightening jobs picture nationally. The U.S. unemployment rate fell sharply in November ...

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Incomes stall as interest on savings dwindles

WASHINGTON — Americans’ incomes have stagnated for three straight months. Yet they boosted their spending in September 0.6 percent — three times the increase in August. Under normal circumstances, that would be a troubling sign for the economy. But a ...

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Kopp aide Moye named CIO of pension fund

The Maryland State Retirement and Pension System board tapped a top aide to Treasurer Nancy K. Kopp to be the system’s chief investment officer Monday. A. Melissa Moye had served as acting CIO since October in addition to her role ...

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