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Moody's Corporation

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Top Moody's Corporation Articles

Displaying items 73-84
  • What happens to Maryland if the U.S. defaults?

    What happens to Maryland if the U.S. defaults?
    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...
  • Howard keeps top bond rating amid U.S. downgrade pressure

    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...
  • Unemployment rate continues to inch upward in Maryland

    Maryland's unemployment rate in September continued to inch upward for the fourth straight month, according to U.S. Labor Department data released Friday. But economists saw positive signs in the fact that more people reported that they were in the...
  • Obama visits U. Md. during debt fight

    Obama visits U. Md. during debt fight
    —With the debate over raising the nation's $14.3 trillion debt ceiling heading into its final stretch, President Barack Obama will visit the University of Maryland on Friday for a town hall meeting the White House said will be focused on the...
  • Obama should veto any debt deal that causes a downgrade

    I've heard President Obama threaten to veto plans that put too much of the burden on the backs of seniors, I've heard him threaten to veto plans that don't extend the cap through the elections, but the one thing I haven't heard him threaten to veto is the...
  • GOP debt plan advances, then dies

    With last-minute support from Maryland's Republicans, the House of Representatives narrowly approved a bill Friday to raise the nation's debt ceiling, but the high-stakes hunt for a bipartisan plan that could pass both chambers of Congress was set to...
  • Maryland lost 2,500 jobs in August, Labor Department says

    Maryland lost 2,500 jobs in August, reversing some of the gains made earlier in the summer and pushing the state unemployment rate to 7.3 percent, the U.S. Department of Labor said Friday. The reductions hit as growth nationwide came to a standstill. But...
  • Obama's stimulus created jobs, whether Republicans like it or not

    At a recent debate sponsored by the tea party, Texas Gov. Rick Perry stated that the Obama administration's economic stimulus program resulted in zero jobs. Rep. Eric Cantor has also been quoted as saying essentially the same thing. So I proceeded to...
  • Budget chief urges caution in coming fiscal year

    Although Howard County is starting to emerge from the economic recession, officials must remain cautious when preparing the budget for fiscal year 2013, the county's budget director told the County Council Monday, Nov. 14. Ray Wacks' annual briefings...
  • Balto. Co. keeps AAA bond rating from three major agencies

    Baltimore County has again earned a AAA bond rating from the three major rating agencies, county officials said Wednesday. Fitch, Moody's and Standard and Poor's have all given the county the highest possible rating, pointing to conservative fiscal...
  • Democrats, GOP lawmakers disagree on need for special session

    Democrats, GOP lawmakers disagree on need for special session
    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...
  • Good morning, Baltimore: Need to know for Wednesday

    Good morning, Baltimore: Need to know for Wednesday
    WEATHER Today's forecast calls for highs in the lower 60s and a chance for afternoon showers. Lows are expected to be in the upper 40s tonight. TRAFFIC Check our traffic map for this morning's issues as you plan your commute. FROM LAST NIGHT... Three...