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Associated PressThe United States could lose its top credit rating for the second time from a leading agency if there's a delay in raising the country's debt ceiling, Fitch Ratings warned Tuesday. Congress has to increase the country's debt limit, which effectively...
Mountain State University’s bond rating has been downgraded by Moody’s Investor Service, which said the school’s pending loss of accreditation would severely hurt its finances. Moody’s downgraded the university’s bond rating...
Moody’s Investors Service lowered the credit ratings of 15 the world’s largest banks late Thursday, including Bank of America, JPMorgan Chase and Goldman Sachs, saying their long-term prospects for profitability and growth are shrinking....
Two weeks ago I wrote a column about heroes. It was good day to sit and recall some of the many folks who have motivated and inspired me over my several years. As I noted in the column, the names that appeared were but few of the many who have played a...
Tags: Ratings, Federal Reserve, Finance, Human Interest, Politics
'Clean' audit for county finances Washington County earned a "clean" audit for the budget year ending June 30, 2011, accountant William Seymour said Tuesday in a presentation of the findings from the financial statements. Seymour said there were no...
In approving the Allegheny Energy/FirstEnergy merger, the Maryland Public Service Commission called on the utilities to "meet certain conditions that track (and, in certain instances, build upon) commitments the applicants offered to make in the course of...
firstname.lastname@example.orgTaking advantage of its AA bond rating, Washington County secured a roughly 3.50 percent interest rate Tuesday for the sale of 2011 public improvement bonds. The Board of County Commissioners voted 4-1 to approve the sale of $14.17 million in Maryland...
I learned a new financial term this week — "intergenerational funding." Really, it's just some new words for an old financial concept called "borrowing." What a fuss we have made recently about using a time-tested concept of financial management...
Tags: Government, Maryland, Debt Market, Politics, AAA
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