| 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 19, 2013
| 8:14 AM
The City Council this week approved issuing $60 million in bonds for electricity-related capital improvements, a move that will cost city coffers about $3 million a year in principle and interest payments.
The bonds, which were already incorporated into...
| Sep 17, 2013
| 6:05 PM
Five years after the economy suffered a massive heart attack as Lehman Brothers collapsed, the patient has finished rehab and is walking, but is still a long way from running.
The stock market has recovered and been reaching new highs, large U.S....
| Sep 16, 2013
| 12:28 PM
WASHINGTON (AP) — Hiring is soft. Pay is barely up. Consumers are cautious. Economic growth has yet to pick up.
And yet on Wednesday, the Federal Reserve is expected to take its first step toward reducing the extraordinary stimulus it's supplied...
| Oct 19, 2013
| 1:11 PM
Though the federal government shutdown ended last week, the economic impact is likely to be felt in Maryland for months, dimming prospects for a robust holiday shopping season.
With Congress funding the government only through Jan. 15 — raising...
| Sep 14, 2013
| 12:07 PM
Kristina and Anthony Pannone spent eight months looking for a house. The ones they liked kept getting snapped up, until they finally topped three other would-be buyers for a place in Columbia — by offering $5,100 more than the asking price.
| Aug 21, 2013
When you've been forced to the edge of a cliff and feared a wisp of wind would send you into the abyss, you don't forget that feeling quickly.
And that seems to be the mindset of U.S. consumers as they carry the financial and emotional scars of the...
| Aug 21, 2013
| 4:35 AM
WASHINGTON (AP) — Unemployment rates rose in more than half of U.S. states in July and fewer states added jobs, echoing national data that show the job market may have lost some momentum.
The Labor Department said Monday that unemployment rates...
| Aug 27, 2013
| 11:37 AM
Illinois Treasurer Dan Rutherford delivered a somber message about the state's financial outlook during an impromptu meeting with Orland Park officials last week.
Rutherford warned that unless state lawmakers quickly come to an agreement about the...
| Aug 4, 2013
Chicago is receiving the type of notoriety no city would want. And its reputation is undermining investments individuals have made in the city's municipal bonds.
Chicago has become a national poster child for financial distress in the aftermath of the...
| Jul 31, 2013
This is a week of clues, with economists and investors watching for signals that the economy and stock market are ready to stand on their own with less help from the Federal Reserve's pacifying bond-buying program.
Stock investors reacted nervously in...