Debt Market

New leadership in Cambria County could bring changes to the Cambria Somerset Authority and its holdings. According to Commissioner Mark Wissinger — the county’s representative to the board — it may be time for a re-evaluation. “...

WASHINGTON (AP) — A $125 billion plan to rescue Spain's banks won't solve Europe's debt crisis or ease the pain of double-digit unemployment across the continent. But it is likely to calm financial markets and buy time for European policymakers...

After maneuvering through a tangled bureaucratic mess, Burbank and Glendale have received millions to pay down redevelopment-related debt obligations, although the amounts they received fell short of what city officials say is their fair share. In the...

The last time the national average price for regular unleaded gasoline fell below $3 a gallon was Christmas 2010, but it could hit that mark long before you hang this year's mistletoe. Citing falling tensions in the Middle East, fewer......

European leaders are working feverishly to create what German Chancellor Angela Merkel is calling a "fiscal union" to restore private investor confidence in Europe and rekindle growth. Unfortunately, what she advocates will thrust Europe into a deeper...

ELKHART, Ind. (AP) — A company that provides phone and other communication services has donated $10,000 to a recreation vehicle hall of fame in northern Indiana. The Elkhart Truth reports (http://bit.ly/w6fC3O ) reports that Frontier Communications...

A Traverse City woman is accused of embezzling money from a Petoskey couple who hired her to work as their financial advisor. The Emmet County Sheriff's Office arrested Toni Lavonne Avery, 52, April 4, according to a sheriff's office news release....

Mayor Stephanie Rawlings-Blake and city schools chief Andrés Alonso, who have pushed separate plans to renovate Baltimore's crumbling schools, presented a united front Tuesday in Annapolis as they asked state legislators to radically alter the manner in...

(Editor's note: The author of this letter was a candidate for Somerset County commissioner in 2011. He approved sending his letter to Somerset County officials for comment. Two responses follow.) With a thunderous roar like the sound of God speaking to...

Interest rates for bonds sold to construct a new transit center at Bob Hope Airport came in lower than expected, reducing the annual debt obligation by more than $1.25 million, officials reported Monday. About a half hour later, the Burbank-Glendale-...

Members of the Harford County Council agreed Tuesday to hold funding for a large portion of the planned Emergency Operations Center replacement in next year's capital budget. The plan to replace the building near Routes 1 and 543 in the Hickory area is...

Although Hagerstown and Washington County took a big step toward funding construction of a multiuse stadium last week, some Hagerstown City Council members say there are details that must be worked out before the facility can become a reality. And...