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    May 20, 2013 |Story| Baltimore Sun

  1. More poverty in Baltimore's suburbs than in Baltimore

    More people live in poverty in Baltimore's suburbs than in the city itself, part of a nationwide shift that is challenging the largely urban assistance network built up over decades.
    More people live in poverty in Baltimore's suburbs than in the city itself, part of a nationwide shift that is challenging the largely urban assistance network built up over decades. Suburban poverty in the Baltimore area grew 58 percent between 2000 and...

    Tags: Walmart, Social Issues, Politics, Environmental Issues, Dundalk

    2. May 20, 2013 |Story| Los Angeles Times

  2. More poor live in suburbs than urban areas, research shows

    Bucking longstanding patterns in the United States, more poor people now live in the nation's suburbs than in urban areas, according to a new analysis.
    Bucking longstanding patterns in the United States, more poor people now live in the nation's suburbs than in urban areas, according to a new analysis. As poverty mounted throughout the nation over the past decade, the number of poor people living in...

    Tags: Colleges and Universities, Frank Lloyd Wright, Dolton, University of Chicago, Social Issues

    3. May 8, 2013 |Story| Chicago Tribune

  3. Suspicions fire racial tensions

    Gina Blandin has a theory about what caused the flooding disaster that befell New Orleans after Hurricane Katrina struck last August, an idea that has little to do with engineering studies or physical evidence and everything to do with the poisonous...

    Tags: Explosions, Racism, Media Industry, The Wall Street Journal, Hurricanes

    4. May 15, 2013 |Story| Baltimore Sun

  4. Maryland economy will continue to feel government spending cuts

    Maryland for years benefited from its close proximity to the nation's capital, but the mandatory federal spending cuts called sequestration will be a drag on the state's economy for the next couple of years, said the president of the Federal Reserve Bank of Richmond.
    Maryland for years benefited from its close proximity to the nation's capital, but the mandatory federal spending cuts called sequestration will be a drag on the state's economy for the next couple of years, said the president of the Federal Reserve...

    Tags: Finance, Federal Reserve, Economy, Business and Finance, Inflation and Deflation

    5. May 14, 2013 |Story| Los Angeles Times

  5. Sen. Warren goads Fed, SEC, DOJ to explain no-fault bank deals

    Sen. Elizabeth Warren, having chastised bank regulators for failing to put Wall Street giants on trial, is demanding to see any analyses that the U.S. Department of Justice, the Federal Reserve and the Securities and Exchange Commission have conducted...

    Tags: U.S. Department of the Treasury, Eric Holder, Office of the Comptroller of the Currency, Trials, Elisse Walter

    6. May 13, 2013 |Column| Orlando Sentinel

  6. Will Dodd-Frank save (or stifle) capitalism?

    WASHINGTON -- It's been five years since the onset of the financial crisis -- the rescue of Bear Stearns in March 2008 -- and we still don't know whether the financial system is safe. In a recent speech, Daniel Tarullo, the Federal Reserve's point man on regulation, contended that substantial, though incomplete, progress has been made. As an example, he cited the doubling of equity capital for the 18 largest bank holding companies from $393 billion in late 2008 to $792 billion at the end of 2012. Equity capital is shareholders' money; it acts as a buffer against losses. Interestingly, JPMorgan Chase's well-publicized $6 billion loss by the trader nicknamed the "London Whale" confirms the point. Despite the loss's size, it never threatened a panic or overall financial stability.
    WASHINGTON -- It's been five years since the onset of the financial crisis -- the rescue of Bear Stearns in March 2008 -- and we still don't know whether the financial system is safe. In a recent speech, Daniel Tarullo, the Federal Reserve's point man...

    Tags: The Washington Post, Christopher Dodd, Consumers, Franklin Delano Roosevelt, Federal Deposit Insurance Corporation

    7. May 25, 2013 |Column| South Florida Sun-Sentinel

  7. Gov. Rick Scott mistakes innovative economic development plan for a budget turkey

    All Germaine Smith-Baugh wanted was to find another way to do her job. As she put it: "I literally woke up one morning thinking, 'How can we better serve small businesses?'" Small and minority-owned businesses, big-city communities and economic...

    Tags: Orlando, U.S. Department of the Treasury, Jacksonville (Duval, Florida), Politics, Business

    8. Apr 17, 2013 |Story| Los Angeles Times

  8. ATM surcharge fees jumped 20% since 2007, report says

    Using ATM machines out of your bank's network is getting increasingly more expensive.
    Using ATM machines out of your bank's network is getting increasingly more expensive. Those transactions tend to hit customers with two fees -- one from your own bank and the second from the ATM that takes a surcharge fee. That surcharge fee has...
    9. Apr 17, 2013 |Story| Los Angeles Times

  9. Payday lending bill stalls in Sacramento

    A California bill that would restrict the number of payday loans to any one borrower failed an initial vote in a key banking committee in Sacramento on Wednesday.
    A California bill that would restrict the number of payday loans to any one borrower failed an initial vote in a key banking committee in Sacramento on Wednesday. Senate Bill 515 received five no votes from members of the Senate Banking and Financial...

    Tags: Lou Correa, Financial and Business Services, Politics, Elections

    10. Apr 16, 2013 |Story| AP Broadcast

  10. State expects $290M more, Pence team sees momentum

    INDIANAPOLIS (AP) — A sunny budget picture unveiled to state lawmakers Tuesday virtually guaranteed Gov. Mike Pence will get at least piece of the $500 million cut to the personal income tax he has been seeking. House and Senate budget leaders...

    Tags: Budgets and Budgeting, Taxation, Finance, Government, Personal Income

    11. Apr 15, 2013 |Story| Imperial Valley Press Online

  11. Imperial Valley school districts benefit from $1,000 donations

    Enhanced library resources, exercise mats, as well as funding for arts and college and career placement programs at six school districts throughout the Valley will benefit from $1,000 grants.
    Enhanced library resources, exercise mats, as well as funding for arts and college and career placement programs at six school districts throughout the Valley will benefit from $1,000 grants. The grants were presented to representatives of seven local...

    Tags: Valley Bank, Financial and Business Services, Bank of America Corp., Schools

    12. Mar 30, 2013 |Story| Allentown Morning Call

  12. Moonlighting judges collect corporate pay

    At his day job, Northampton County Judge Craig Dally receives $173,000 for presiding over civil and criminal cases. At his side job in the corporate world, he supplements that with the nearly $100,000 he earns as a director of two banks. Most states and...

    Tags: Colleges and Universities, Litigation, Financial and Business Services, Nazareth, Values

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