An improving stock market helped Maryland’s $40.25 billion pension system enjoy a 10.6 percent return on investment in fiscal 2013, the Maryland State Retirement Agency announced Tuesday.

Tagged with: Government maryland pensions treasurer nancy k. kopp treasury

WASHINGTON — The Federal Reserve said Wednesday that the U.S. economy “paused” in recent months because of temporary factors and reaffirmed its commitment to try to stimulate growth by keeping borrowing cheap for the foreseeable future. The Fed took no ...

Tagged with: Economy fed federal reserve growth interest rate Recession treasury

WASHINGTON — JPMorgan Chase & Co. has been ordered to take steps to correct poor risk management that led to a surprise trading loss last year of more than $6 billion. Federal regulators are also citing the nation’s largest bank ...

Tagged with: Banks federal reserve Government jpmorgan regulations treasury

WASHINGTON — The Federal Reserve may be preparing to take further steps to stimulate an economy that remains too weak to reduce high unemployment. Minutes of the Fed’s Oct. 23-24 policy meeting, released Wednesday, suggest that it might unveil a ...

Tagged with: bonds Economy fed federal reserve growth treasury

WASHINGTON — Foreign demand for U.S. Treasury securities rose to a record level in July and China increased its holdings after two months of declines. The Treasury Department said Tuesday that total foreign holdings rose 0.7 percent in July to ...

Tagged with: China debt treasury treasury department washington

WASHINGTON — The Federal Reserve unleashed a series of bold and open-ended steps Thursday designed to stimulate the economy by boosting the stock market and making it cheaper for people to borrow and spend. The Fed said it will spend ...

Tagged with: bond purchases federal reserve growth inflation rates treasury Unemployment unemployment rate

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 ...

Tagged with: chairman ben bernanke Economy federal reserve growth treasury united states

ANNAPOLIS — Maryland’s treasurer says all three bond rating agencies have affirmed the state’s triple-A bond rating. Treasurer Nancy Kopp made the announcement on Thursday, as the ratings were made before an upcoming retail sale of general obligation bonds on ...

Tagged with: Banks bond maryland rating treasurer nancy k. kopp treasury triple A

Thank you Greece. Thank you Spain. Thank you Portugal. Thank you for fueling the European debt debacle that continues to make the American bond market a haven for skittish investors looking for a “flight to safety” for their money. And ...

Tagged with: america bonds crisis debt Economy europe fha fixed mortgage interest rates loan Robert Nusgart treasury

NEW YORK — Treasury prices took a breather Friday after rising all week. Prices and yields were relatively flat. Investors weren’t ready to abandon the safety of U.S. Treasury bonds even after an optimistic economic survey from Germany, which sent ...

Tagged with: Economy investors new york stock exchange treasury united states