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 ...

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NEW YORK — The price of gold, which has climbed for years like a blood pressure reading for anxious investors, plunged Wednesday to its lowest level in three months. Gold fell almost $58 to $1,614 per ounce. It has declined ...

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WASHINGTON — The Federal Reserve is slightly cutting its estimate of how much it paid the federal government in 2011. But the bank says the payment is still the second biggest in the nation’s history. The Fed said Tuesday that ...

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Higher tolls will greet Maryland truck drivers in the New Year. The cost to travel the state’s paid highways, bridges and tunnels will rise between $6 and $12 on Sunday. The bump is part of the two-tiered toll hikes approved ...

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Utility bills are paid, legal briefs are filed and the Christmas shopping all gets done online. But for magazines, clothing catalogues and movies, the mail still matters. For some mail-dependent businesses, quick and cheap first-class mail service from the U.S. ...

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NEW YORK — Trouble on two fronts in the European debt crisis sent American stocks tumbling Wednesday to their biggest loss since the rocky trading of the summer. The Dow Jones industrial average fell almost 390 points. Stocks were down ...

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WASHINGTON — The Federal Reserve sketched a brighter picture of the economy Wednesday. As a result, it’s holding off on any new actions because stronger growth is giving it time to gauge the impact of steps it’s already taken. Fed ...

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WASHINGTON — Most areas of the country reported slight economic improvement in September and early October, according to a Federal Reserve survey of its 12 bank regions. But several regions said a hazier economic outlook is making businesses more cautious ...

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NEW YORK — Stocks opened the week lower Monday after the German government played down hopes that a solution to Europe’s debt crisis was imminent. Expectations that a resolution to the crisis could be reached at a European summit in ...

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