| 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...
| Jun 26, 2013
| 5:44 PM
The city-owned Hilton Baltimore lost nearly $11.2 million in 2012 — a slight improvement from a year earlier, according to an audit to be presented to the city's Board of Estimates next week.
Because of mounting losses, the city was forced to...
| Jun 10, 2013
| 12:53 PM
Moody's Investor Services said Monday that it was reviewing for a possible downgrade the A1 credit rating of St. Mary's College of Maryland, which last week announced the resignation of its president amid news that the liberal arts school expects to...
| Mar 18, 2013
| 3:35 PM
Maryland employers added 6,700 jobs in January, picking up the pace from the end of last year, the U.S. Department of Labor said Monday.
Businesses added 5,300 jobs in December, according to the agency's revised estimates. In both December and January,...
| May 17, 2013
| 4:16 PM
Maryland employers slashed 6,200 jobs in April, cutting short a string of gains, the U.S. Department of Labor said Friday, as the state began feeling the pinch of federal budget sequestration and cutbacks in consumer spending.
But the government's...
| May 8, 2013
| 4:26 PM
I took a walk early Wednesday morning. Azaleas and dogwoods were in bloom. Green-again trees and shrubs were damp, dripping from Tuesday's rain. A zillion birds were singing, and even the starlings sounded sweet. The Orioles had won another game. A...
| Jun 22, 2013
| 9:49 AM
Patrick McAvoy knew his job had some drawbacks. As a contract employee at the University of Maryland, Baltimore, he lacked benefits and long-term stability, but he stayed on as an events coordinator for three years, hoping to be hired full time and seeing...
| Jun 17, 2013
| 2:29 PM
Credit rating house Standard & Poor has assigned Anne Arundel County's bonds a AAA rating and upgraded its assessment of the county's fiscal outlook from "negative" to "stable," officials announced Monday.
Moody's, another credit rating house, gave...
| Apr 20, 2013
A plague of locusts swept through Egypt a few weeks ago, an estimated 30 million of the critters.
Egyptian officials tried to downplay the phenomenon, hoping to quash any biblical analogies. They noted that locust swarms show up in the spring every...
| Feb 5, 2013
| 12:40 PM
The Justice Department is accusing Standard & Poor's of defrauding investors with optimistic ratings of mortgage-backed securities and derivatives prior to the financial crisis. While investors are entitled to answers about those conflicts, compensation...
| Jan 2, 2013
| 2:07 PM
Friday, forecasters expect the Labor Department to report the economy added 155,000 jobs in December — substantially less than is needed to pull unemployment down to acceptable levels.
The tax and spending package passed by the Senate and House...
| Mar 13, 2012
| 6:18 PM
Annapolis Mayor Joshua J. Cohen has introduced a $95.4 million operating budget for the next fiscal year, a proposal that would raise the property tax rate along with some fees for residents as the city moves to invest in its infrastructure and...