| Aug 8, 2013
| 7:21 AM
After hearing from scores of citizens opposed to the deal, a Baltimore City Council committee approved a plan Wednesday night to give millions in taxpayer assistance to the $1.8 billion Harbor Point development.
The 3-0 vote came over the objections of...
| Jan 2, 2014
| 12:05 PM
By most statistical measures, 2013 will be remembered as a respectable but not great year for the U.S. economic recovery. The gross domestic product grew by about 2.5 percent, which was slightly better than the nation has seen since the end of the Great...
| Jan 24, 2014
| 6:11 AM
Yesterday, Governor O’Malley delivered his eighth—and thankfully—final state of the state address of his administration. And, as usual, his speech was filled with so much that isn’t so.
Now, I’ve done a few O’Malley...
| Aug 22, 2013
| 1:25 PM
John H. "Jack" Laporte Jr., a highly regarded T. Rowe Price portfolio manager who was also a philanthropist and one of the minority owners of the Orioles, died Aug. 12 of complications from lymphoma at his Ruxton home. He was 68.
"Jack was one of the...
| Sep 13, 2013
| 8:16 PM
The University of Maryland Medical System has set aside tens of millions of dollars because of complex financial transactions related to interest rates that have not paid off — yet.
The medical system cannot use those funds — $93 million at...
| Sep 20, 2013
| 4:13 AM
A George Mason University study of six cities in "fiscal distress" has concluded that Baltimore is demonstrating "resiliency" and is on "reasonably solid financial footing."
The report, which comes after Detroit's municipal bankruptcy, analyzed the...
| Sep 30, 2013
| 1:25 PM
Several years ago, Baltimore County government realized that the runaway costs of employee health care and pension benefits needed to be reined in or our taxpayers would be stuck with a huge bill to pay. The county remains committed to providing quality...
| Oct 13, 2013
After plunging early in the week over fears that the United States might default on its debts, stocks rallied Thursday and Friday after House Republicans showed a willingness to temporarily extend the debt ceiling for six weeks.
Investors clearly were...
| Oct 30, 2013
| 8:30 PM
Six months after Baltimore pulled its speed and red light cameras offline because of mistakes, officials say the city's vendor still isn't ready to begin issuing tickets — and no one can say when the program will resume.
The city counts on the...
| Nov 13, 2013
| 8:20 AM
Carroll County received positive credit ratings, including one upgrade, from bond rating agencies after the county's annual bond review in New York.
Carroll received a AAA rating, the highest possible, from both Fitch Services and Standard and Poor's...
| Jul 17, 2013
| 7:33 PM
Critics of city subsidies for the $1 billion Harbor Point project clashed Wednesday with supporters of the waterfront development that the mayor has called a "once-in-a-generation opportunity."
About 100 demonstrators, some wearing baseball-style "Tax...
| Jul 19, 2013
| 6:29 PM
Baltimore officials say Detroit's bankruptcy filing this week is a cautionary tale for the city that underscores the need to fix a $750 million structural deficit before the situation here grows similarly dire.
"It is on my mind every day," Mayor...