Consumer spending was flat in May, while inflation posted a sizable gain of 0.4%.

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Household income in the Baltimore region hasn’t changed from the first full year after the recession, according to the U.S. Census Bureau. The metro area’s 2013 median household income was $68,455, essentially the same as in 2010, which was $68,935 ...

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The Maryland State Bar Association has joined a national lawyers’ group in opposing draft congressional legislation that would require high-revenue law firms and other personal-services firms to pay income tax on money their clients still owe them.

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The billable hour is not dead. At least according to a panel of corporate counsels in Missouri. A group of general counsels discussed their jobs and challenges in the legal industry at a Missouri Lawyers Weekly event in St. Louis. ...

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With Forbes’ recent release of the richest 400 Americans list, it’s a good time to take a look at whether Maryland’s tax policies are, as conservatives often claim, repellants for wealthy people.

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NEW YORK — Life is good for America’s super wealthy. Forbes on Monday released its annual list of the top 400 richest Americans. While most of the top names and rankings didn’t change from a year ago, the majority of ...

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Legg Mason Inc., of Baltimore, a global asset manager, reported August's assets under management totaled $644.5 billion, a 0.83 percent increase from AUM of $639.2 billion in August 2012.

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WASHINGTON — The gulf between the richest 1 percent and the rest of America is the widest it’s been since the Roaring ’20s. The very wealthiest Americans earned more than 19 percent of the country’s household income last year — ...

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WASHINGTON — U.S. consumers barely increased their spending in July as their income grew more slowly, held back in part by steep government spending cuts that reduced federal workers’ salaries. The tepid gains suggest economic growth is off to a ...

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Radio One Inc., of Silver Spring, the nation’s largest broadcasting company serving primarily black audiences, reported a second-quarter net loss of $14.2 million, or 29 cents per diluted share, versus net income of $42.7 million, or 85 cents per share, for the year-ago period.

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