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.Read More »
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 ...Read More »
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 ...Read More »
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 ...Read More »
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. ...
Tagged with: black friday charm city domino sugar Federal Hill fitch general growth properties iPad kevin kamenetz las vegas national aquarium power plant santa claus standard and poor's towson town center towson university white marshRead More »
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 ...Read More »
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 ...
Tagged with: Anirban Basu bonds Camden Yards credit rating Department of Legislative Services dow jones industrial average fitch fitch ratings maryland Maryland Stadium Authority moody's Moody's Investors Service s&p Sage Policy Group Inc. standard & poor's state retirement and pension system University of Baltimore Warren DeschenauxRead More »