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Carroll County this week received high ratings from national credit rating agencies in their annual review of jurisdictions' financial stability. Credit rating companies Fitch, Standard & Poor and Moody's gave the county marks related to credit...
A wild windstorm swept through the nation's capital on Saturday, tossing broken tree limbs, downing power lines and forcing thousands of suburbanites to eat dinner by candlelight. On Sunday, with the skies sunny and mostly clear, the oppressive heat...
Democrats and Republicans sparred Tuesday over whether a special session of the General Assembly is needed to pass tax increases to avert steep budget cuts, while Moody's Investors Service warned the situation could hurt the credit ratings of localities...
Mayor Stephanie Rawlings-Blake agreed Friday to stop seizing homes over unpaid water bills in cases where the bills were estimated, a practice that city officials say led to widespread inaccuracies. The move is a compromise between Rawlings-Blake and...
Tags: Credit and Debt, Credit Ratings
Howard County has been awarded a AAA credit rating from all three major bond rating agencies for the 14th consecutive year, the county announced Monday. The credit ratings determine the interest rate Howard County pays on bonds. The higher the rating,...
While politicians in Washington refuse to compromise on raising the debt ceiling, small investors are worrying about what a stalemate might mean to their life savings. Financial planners say they are having discussions regularly with clients about the...
WASHINGTON —A leading bond rating agency threatened Tuesday to downgrade Maryland's gold-plated credit rating because of the protracted debate over raising the nation's $14.3 trillion debt ceiling. Moody's Investors Service announced it would...
Upon announcing earlier this week that Harford County government had retained its AAA bond rating, County Executive David R. Craig made a wry comment to the effect that the federal government could take a lesson from Harford County when it comes to fiscal...
Howard County is preparing for the county's $200 million bond sale Tuesday, buoyed by a AAA credit rating the county just earned from all three major bond rating agencies. This marks the 14th consecutive year that Howard County has earned the stellar...
Earlier this week, Moody's credit rating agency announced it is reviewing the credit of Maryland and four other AAA rated states in light of the debate in Washington about the possible default of U.S. government debt — even though Maryland pays...
Investors watched stock markets swoon and economists fretted about the nation's fragile recovery on the first day of trading after the unprecedented downgrade of the nation's credit rating. But amid the gloom Monday were a few bright spots for consumers:...
Baltimore Mayor Stephanie Rawlings-Blake's nominee for city finance director spent a tumultuous three years as top financial official in Richmond, Va., during which he oversaw the forced ejection of the school board from City Hall and was sued by the...
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