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Construction spending up for third straight month
WASHINGTON — Construction spending rose for a third straight month in November, helped by another increase in housing and a record level for spending on federal building projects. The Commerce […]
Signed contracts to buy homes up 3.5 pct. In Nov.
NEW YORK — The number of people who signed contracts to buy homes rose in November, the fourth increase since contract signings hit a low in June. The National Association […]
Progressives aiming to raise some Maryland taxes
Progressive groups and legislators are aiming to raise state taxes on millionaires, corporations, liquor, gasoline and a broad array of consumer services, as well as boosting the state minimum wage […]
Season looks bright for shoppers and stores
NEW YORK— You won’t find uncommonly deep discounts, but you won’t have to worry about finding something to buy, either. For the first time in three years, the Christmas season […]
Revenue estimates for next two years go up
ANNAPOLIS — The state’s fiscal health is slowly improving, according to revenue estimates released Wednesday, but Gov. Martin O’Malley still predicts a year that “will feel a lot more painful […]
FedEx’s busiest day ever: The pre-game show for Santa
Call it the pregame show for Santa and his elves. Monday was expected to be the busiest day in FedEx history, with nearly 16 million packages moving on its conveyer […]
Supreme Court considers credit card notice rule
WASHINGTON — The U.S. Supreme Court heard oral arguments in a case that will decide what notice credit card companies must give to consumers about interest rate increases under a […]
Home Depot raises 2010 outlook on stronger sales
NEW YORK — Home Depot Inc. on Wednesday raised its fiscal 2010 earnings guidance slightly for the second time in two months and said it expects Americans’ increasing preference for […]
Wisp hopes fewer inches of snow means easier access, strong season
Maryland’s ski resort predicts more visitors this year, even if the weather doesn’t call for topping last winter’s blizzards. Wisp Resort in Garrett County hopes for a strong start of […]
U.S. auto sales continue slow-motion recovery
DETROIT — All major automakers but Toyota reported strong U.S. sales increases in November as the auto industry’s slow-motion recovery continued to gain traction. Ford, General Motors, Chrysler, Nissan, Hyundai […]
October retail sales post best showing since March
WASHINGTON — Retail sales, helped by strong demand for autos, increased in October by the largest amount in seven months. The Commerce Department reported Monday that retail sales rose 1.2 […]
Lawmakers vow to spare millions from alternative minimum tax
WASHINGTON — Leaders from both parties in Congress vowed Tuesday to spare more than 21 million taxpayers from significant tax increases when they file their returns next spring by adjusting […]
