As millennials grow older, many Americans are curious as to how Gen Y’s current predicament will impact aspects of the recovering U.S. economy including investing, the job and housing markets, and particularly home ownership.Since this demographic is crushed under student loan debt, it’s been said that home ownership will end with millennials. After all, they […]
Month: January 2015
Two Maryland Fishing Records Broken on Same Day
Although 2015 isn’t even a month old, two record-breaking fish have already been caught this year. Kenneth Westerfeld, a 48-year-old College Point, NY man, nabbed a 28.8-pound tautog, which has already been certified as the largest one caught in Maryland and could be world-record-breaking. That same day, Lee Haile III of Towson, Maryland caught an […]
Maryland in Top 5 for Least Risky States to Drive in, Insurance Analysis Shows
Driving can always be risky. In Maryland alone, an average of 55,232 people are injured and 635 are killed per year, according to the most recent data available from the state Motor Vehicle Administration. However, the risk to a driver’s bank account should an accident occur is more pronounced in some states than others, and […]
UK Man’s Restored Austin Healey Convertible Stolen from His Garage on Christmas Eve
One banker in north London, U.K., had a not-so-merry Christmas after his 1955 Austin Healey convertible was stolen from his garage on Dec. 24.The vehicle had taken owner Pascal Maeter, a banker from Chelsea, 18 months to restore. The car has an estimated valued of £100,000, or about $150,000 USD.The car was last seen parked […]
Maryland Task Force Could Create Birth Injury Fund and Reduce Medical Malpractice Lawsuits
Two Maryland hospitals have been named as defendants in recent medical malpractice cases. Both lawsuits stem from birth injuries and could result in multi-million dollar awards for the plaintiffs. Medical malpractice cases have the highest average median damage awards of any personal injury cases, at $600,000, so why are those potential damage awards so high?Injury […]
Members of Fraudulent McCloskey Group Charged in Real Estate Investment Scheme
In a ruling that came just in time for Christmas, U.S. District Judge J. Frederick Motz sentenced 42-year-old Baltimore real estate developer Brian McCloskey to 41 months in prison and three years of supervised release. On Dec. 23, McCloskey was charged with conspiring to commit wire fraud as part of a $20 million investment fraud […]
Maryland Attorney Pleads Guilty to Wire Fraud
Investing in real estate can be a risky measure. Typically, problems with this type of investment include obtaining low quality features and appliances, which often need to be replaced and can threaten your profits, or a building that may look fine on the surface but is actually in disrepair. However, both of these scenarios pale […]