WASHINGTON — The number of Americans seeking unemployment benefits rose last week to a five-week high, evidence that the job market remains sluggish. The Labor Department said Thursday that weekly applications for unemployment aid rose 10,000 to a seasonally adjusted ...

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NEW YORK — Americans grew much gloomier about the economy in May, causing a critical measure of consumer confidence to suffer its biggest decline in eight months and ending a period of steady optimism. Worries about jobs, housing and the ...

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Gerard Joab, executive director of St. Ambrose Housing Aid Center, spoke to reporters and editors at The Daily Record about his recent return to Baltimore, as well as the foreclosure challenges facing the city.

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Home Builders Association presents Awards of Excellence The Sales and Marketing Council of the Home Builders Association of Maryland presented dozens of Awards of Excellence at its annual ceremony this week, honoring companies and individuals in the industry for their ...

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DHCD accepting applications for Rental Housing Works initiative The Maryland Department of Housing and Community Development is accepting applications for the $17.5 million Rental Housing Works initiative announced in January. Rental Housing Works promotes job creation through the rehabilitation and ...

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U.S. Treasury Secretary Timothy F. Geithner told a group of Baltimore business leaders Thursday that the nation’s economy remains fragile and dependent on the actions of Congress, now in the throes of a raucous debate over the country’s debt ceiling, ...

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National foreclosure filings in April hit the lowest monthly total since July 2007, a new report by the data firm RealtyTrac shows. The filings, which include default notices, scheduled auctions and bank repossessions, were reported on 188,780 properties in the ...

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WASHINGTON — U.S. builders started work on more homes and apartments last month and requested more permits to build single-family homes. The increases suggest the battered housing market is healing. The Commerce Department said Wednesday that builders broke ground in ...

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LOS ANGELES — The percentage of U.S. homeowners behind on their mortgage payments dropped in the first three months of this year to the lowest level since 2009, according to a new report. Some 5.78 percent of the nation’s mortgage holders ...

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These days, many people think that renting might be a better deal than making the leap to home ownership. Much of the decision is a function of your financial condition and overall ability to buy. For some, a poor credit ...

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