After 30 years at the helm of Survice Engineering Co., James P. Foulk had to decide: What would happen to the business he’d built?Read More »
WASHINGTON — The Federal Reserve said Wednesday that the U.S. economy is losing strength and repeated a pledge to take further steps to boost growth if hiring remains weak. The Fed took no new action after a two-day policy meeting. ...
Tagged with: Ben Bernanke dow jones industrial average european debt crisis federal reserve growth hiring jobs mortgage-backed securities policy quantitative easing Stocks treasury note U.S. economy U.S. Labor DepartmentRead More »
WASHINGTON — The Federal Reserve said Wednesday that the U.S. economy is losing strength and repeated a pledge to take further steps to stimulate growth if the job market doesn’t show sustained improvement. The Fed took no new action after ...Read More »
WASHINGTON — The world’s top central bankers have said they’re willing to rescue the economies of Europe and the United States. This week we’ll find out if they are ready to act. The Federal Reserve wraps up its two-day policy ...Read More »
WASHINGTON — The Federal Reserve appears to be moving toward announcing some new step to try to energize the troubled U.S. economy. The question is whether it will do so after its policy meeting this week. Probably not, many economists ...
Tagged with: Ben Bernanke Economy euro European Central Bank federal reserve growth interest rates jobs report mortgage-backed securities operation twist quantitative easing treasury bonds UnemploymentRead More »
Maryland lost 4.71 percent, or 6,494, of its small businesses from 2007 to 2010, a decrease that one fiscal policy group chalks up to the state’s tax increases. But some economic experts say that is only part of the answer.Read More »
NEW YORK — Facebook’s stock hit a new low Friday after it reported lukewarm second-quarter results and didn’t give an outlook for the coming months. The stock fell $2.88, or nearly 11 percent, to $23.97 in afternoon trading Friday, after ...Read More »
WASHINGTON — U.S. economic growth slowed to an annual rate of just 1.5 percent from April through June, as Americans cut back sharply on spending. The weaker growth adds to worries that the economy could be stalling three years after ...Read More »
WASHINGTON — Americans bought fewer new homes in June after sales jumped to a two-year high in May. The steep decline suggests a weaker job market and slower growth could make the housing recovery uneven. The Commerce Department said Wednesday ...Read More »
Under Armour Inc. executives said Tuesday they have lowered projections for online sales for the year as the Baltimore-based sports apparel company continues to have difficulty converting site visits to dollars.Read More »