Baltimore Checkbook

China still holding fire on stimulus

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China is experiencing its slowest growth in 25 years, but the government is holding fire on its giant stimulus bazooka. The governor of the People’s Bank of China says expects “relatively prudent” monetary policy.



from http://www.wbaltv.com/money/china-continues-to-hold-fire-on-stimulus/38477426

Bill would help workers create retirement account

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State lawmakers are considering legislation that could help nearly 1 million Marylanders establish a retirement account.



from http://www.wbaltv.com/politics/bill-would-help-workers-create-retirement-account/38469986

Under Armour CEO Kevin Plank's compensation drops...

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Under Armour Inc. CEO Kevin Plank’s total compensation dropped 31.5 percent in 2015, a result of the company missing certain performance measures during the year. Plank’s base salary remained at $26,000, the same amount he took home when he started the Baltimore sportswear maker in 1996. Additionally, Plank earned $2 million in stock option awards and $400,000 in other compensation last year, according to a filing late Friday with the U.S. Securities and Exchange Commission. In total, Plank earned…

'10 Cloverfield Lane' hoping to scare up box...

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The movie “10 Cloverfield Lane” is shrouded in mystery, but that isn’t stopping the buzz around the frightening feature.



from http://www.wbaltv.com/money/10-cloverfield-lane-using-mystery-jj-abrams-to-scare-up-a-box-office/38465792

U.S. oil and gas rigs fall to 70-year lows

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So much for “drill, baby, drill.”



from http://www.wbaltv.com/money/us-oil-and-gas-rigs-fall-to-70year-lows/38465826

Fewer people are dropping out of Maryland colleges

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Graduation rates at University System of Maryland institutions are at an all-time high, according to a new report released by the USM. The takeaway? Fewer students are dropping out. About 69 percent of full-time students who started school in the fall semester of 2009 graduated from a USM school in at least six years, the report says, a record. Students who started in the fall of 2008 had a six-year graduation rate of 63 percent. The six-year graduation rate is the general metric used by public…

Five Maryland health centers get $1.8M to expand...

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Five Maryland health centers will share nearly $1.8 million in federal grants to put toward expanding prescription opioid and heroin addiction. The money is part of $94 million in federal Affordable Care Act funding that will go to a total of 271 health centers in 45 states, Washington, D.C., and Puerto Rico. The funding is expected to support expanded treatment services that could help an additional 124,000 patients nationally. Three of the five Maryland health centers to receive funding are in…

Rich men's paychecks are getting fatter while poor...

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The latest statistics shows that inequality is getting worse: rich men not only make a lot more than everyone else, their wages are growing faster.



from http://www.wbaltv.com/money/rich-mens-paychecks-are-getting-fatter-while-poor-are-paid-less/38464350

Plumbers White Marsh MD | Call 410-983-6900

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'Economic despair' spurs low-income boys to drop...

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Poor teens who grow up in areas with high levels of income inequality are more likely to drop out of high school than their peers who live in more equal neighborhoods, according to new research.



from http://www.wbaltv.com/money/economic-despair-spurs-lowincome-boys-to-drop-out-of-high-school/38463854