Baltimore Checkbook

Will the Fed raise rates before the election?

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The probability of the Federal Reserve hiking rates today is 0%. So what about the rest of the year? Fed Chair Janet Yellen keeps telling the world that any further rate hikes will be “data dependent.” Watch the numbers on wages, jobs, inflation, fin…



from http://www.wbaltv.com/money/will-the-fed-raise-rates-before-the-election/39238112

'We are moving our city forward tonight,' Pugh...

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Minutes after she had declared victory Tuesday night, state Sen. Catherine Pugh reflected on the difficult campaign for Baltimore’s next mayor. The crowded field of candidates in the Democratic primary race, the strife that the city was dealing with in the wake of the riots last year and the impact of that unrest on businesses and residents. All had inspired a drive to step up and run for mayor. The 67-year-old who once called Philadelphia her hometown was introduced as mayor-elect to the sounds…

Here's the list of winners in Maryland's primary...

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Asked what she was going to do on Wednesday, State Sen. Catherine Pugh didn’t hold back. Pugh, who beat Sheila Dixon in the Democratic race for mayor, told a reporter that she plans to sleep — and maybe play a little golf. She’s probably not the only tired candidate after a primary election season that saw hotly contested races throughout the state, record spending and lots of vitriol. In the end, there weren’t too many surprises. Pugh, the front runner, was victorious, as was U.S. Rep. Chris…

8 things you need to know this morning

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The primary election in Maryland came and went — with some hiccups, as one might have predicted. Today, expect cloudy skies and cooler temperatures of around 60 degrees. Here are eight things to know on this post-election Wednesday. • The big news of the morning is Catherine Pugh’s win, positioning her to become the next mayor in Democratic-heavy Baltimore. [BBJ] • Some city residents who expected to work for Pugh on Tuesday damaged vehicles outside of her campaign headquarters after being…

Sheila Dixon: 'I am not through yet'

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Supporters of Sheila Dixon’s mayoral campaign couldn’t stop feeling optimistic on Tuesday night. A group of voters at her election night party at the Game restaurant and bar near Horseshoe Casino Baltimore started dancing at around 10 p.m. and they never stopped — despite Dixon’s inability to make up the approximately 3,000 votes she needed to overtake Catherine Pugh for the nomination. Even after Dixon, the former mayor of Baltimore who was removed from office in 2010 over charges that she misappropriated…

Twitter shares tank 13% after missing sales...

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Twitter’s stock fell more than 10% after it reported bringing in less revenue than expected and slashed its sales forecast.



from http://www.wbaltv.com/money/twitter-shares-tank-10-after-missing-sales-estimates/39225726

Catherine Pugh wins primary, poised to become next...

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Catherine Pugh won Tuesday’s mayoral primary, positioning her to take over the top spot at City Hall. Pugh, a favorite in recent polls, defeated 12 other Democratic candidates. The victory essentially paves the way for a general election victory for Pugh in a Democratic-heavy Baltimore City. Pugh, who also ran in 2011, edged out former Mayor Sheila Dixon. Pugh took nearly 43,000, or 37 percent, of the votes. Dixon carried about 34 percent of the votes. More than 90 percent of precincts had been…

Chobani employees get a big surprise from their...

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Greek yogurt may or may not be good for the waistline. But if you’re an employee of Greek yogurt maker Chobani, it can be good for your bottom line.



from http://www.wbaltv.com/money/chobani-employees-get-a-big-surprise-from-their-ceo/39228290

4.5 million pounds of chicken recalled

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Pilgrim’s Pride is recalling over 4.5 million pounds of fully cooked chicken products.



from http://www.wbaltv.com/health/45-million-pounds-of-chicken-recalled/39227958

Chipotle reports its first ever quarterly loss --...

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Chipotle lost $26.4 million in the first quarter of 2016.



from http://www.wbaltv.com/money/chipotle-reports-its-first-ever-quarterly-loss-264-million/39226226