The announcement comes a week after the Board of Public Works voted to make $84 million in cuts and fund transfers in the budget year that began July 1.

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WASHINGTON — The rating agency Standard & Poor’s stunned the world a year ago by stripping the U.S. government of its prized AAA bond rating. The downgrade of long-term U.S. Treasurys threatened to sow chaos in financial markets, driving up ...

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NEW YORK — Fitch Ratings has downgraded its assessment of America’s biggest bank, JPMorgan Chase & Co. The rating agency’s move comes a day after JPMorgan disclosed a surprise $2 billion trading loss in a portfolio designed to hedge against ...

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WASHINGTON — Fitch says it will keep its rating for long-term U.S. debt at the top AAA level, despite a congressional panel’s failure to agree on long-term deficit cuts. But it is lowering its outlook to negative. The rating agency ...

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This week, the Arbors at Baltimore Crossroads held its grand opening. The ribbon was cut on the 365-unit luxury market-rate rental apartment home community contained within the 1,000-acre Baltimore Crossroads@95 development near White Marsh. Present at the celebration were Del. ...

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UPPER MARLBORO — Prince George’s County has retained its AAA bond rating from three ratings houses. The Washington Post reports the ratings came from Fitch, Standard & Poor’s and Moody’s. The ratings indicate that the county’s financial stability is seen ...

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The credit rating front has been quieter Wednesday with Maryland officials believing any Standard & Poor’s rating action will not come soon, if at all. Here are some of the things that didn’t quite make the stories in the dead-tree ...

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