Personal Finance Archives

Maryland ranked among top ten states with best outlook for older adults

Posted on September 12, 2025 by Chris Montcalmo

BALTIMORE, MD—A new study by the research organization Sands of Time ranks Delaware as the best U.S. state for older adults, citing its strong performance in Social Security benefits, low poverty rates, and positive health outcomes. The analysis, which measured states across four categories—physical health, mental health, finances, and social life—found that Hawaii, Connecticut, Massachusetts, and New Hampshire rounded out […]

Maryland is 2025’s 9th-hardest-working state in America, WalletHub study

Posted on August 27, 2025 by Chris Montcalmo

BALTIMORE, MD—With Americans working an average of over 1,800 hours per year and with Labor Day right around the corner, the personal-finance website WalletHub this week released its report on 2025’s Hardest-Working States in America. Maryland cracked the top ten coming at No. 9. North Dakota topped the list with Alaska in second place. In order to determine where Americans […]

PayPal rolls out cryptocurrency payments for merchants, citing cost savings and global reach

Posted on July 28, 2025 by Chris Montcalmo

SAN JOSE, CA—PayPal announced Monday the launch of “Pay with Crypto,” a new service aimed at enabling merchants to accept cryptocurrency payments and significantly reduce transaction fees for cross-border commerce. The company stated the initiative seeks to simplify international transactions and connect businesses to the growing digital currency market. The new service facilitates instant conversion of cryptocurrencies to stablecoin or […]

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Maryland ranks 18th among states with longest credit card debt payoff timelines, WalletHub study

Posted on July 25, 2025 by Chris Montcalmo

BALTIMORE, MD—With Americans having increased their collective credit card debt by $52 billion last year, and the grand total at around $1.3 trillion, the personal-finance website WalletHub this week released its report on the States Where It Will Take the Longest to Pay Off Credit Card Debt. Alongside this report, WalletHub also released its Financial Insecurity Survey, which examined the […]

FBI warns investors of surge in ‘ramp-and-dump’ stock schemes via social media

Posted on July 16, 2025 by Chris Montcalmo

WASHINGTON, DC—The FBI is issuing a public warning about a significant increase in “ramp-and-dump” stock manipulation schemes targeting U.S. investors through social media platforms and messaging applications. The agency reports a 300% surge in victim complaints related to this type of fraud in 2025 compared to last year. These sophisticated schemes often lure investors into what appear to be legitimate […]

Federal Reserve holds interest rates steady

Posted on June 18, 2025 by Chris Montcalmo

WASHINGTON, DC—The Federal Reserve on Wednesday maintained its benchmark interest rate, signaling two potential rate reductions later this year despite revised projections for higher inflation and slower economic growth. The Federal Open Market Committee (FOMC) kept its key borrowing rate targeted in a range between 4.25% and 4.5%, a level it has held since December. Markets had widely anticipated no […]

Maryland is 2025’s 10th best state for working dads, WalletHub study

Posted on June 12, 2025 by Chris Montcalmo

BALTIMORE, MD—With Father’s Day approaching and 94.3% of married dads working last year compared to 72.3% of married moms, the personal-finance website WalletHub this week released its report on 2025’s Best & Worst States for Working Dads. In order to help dads balance their dual role as parent and provider, WalletHub compared the 50 U.S. states and the District of […]

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Study: Maryland among states with highest mortgage burden in 2025

Posted on April 30, 2025 by Chris Montcalmo

BALTIMORE, MD—Maryland ranks among U.S. states most burdened by mortgages in 2025, with its debt-to-salary ratio of 0.73 being among the lowest in the top 10, according to a recent study. A recent study by Highland Cabinetry revealed the top ten U.S. states most burdened by mortgages in 2025, examining factors including homeownership rates, percentage of mortgage-free homes, median single-family […]

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