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Two Baltimore hotels get a nod from the Michelin Guide

Baltimore’s restaurants may not yet be on the Michelin radar, but two of the city’s hotels made it onto the travel guide’s list of top places to stay in the United States. The Ivy Hotel and the Sagamore Pendry Baltimore were among the Michelin Guide’s 2024 hotel recommendations. The listing bestows one, two or three “keys” for each recommended hotel, similar to its three-star system for restaurants.

Read More: Baltimore Sun
Equestrian event aims to become next Preakness Stakes

An internationally renowned equestrian competition is aiming to break even this year and wants to continue bringing out-of-staters to Cecil County. The 2024 Maryland 5 Star at Fair Hill, one of the most prestigious horse eventing competitions in the world, will return to Cecil County for the fourth time next month after bringing more than $11 million in direct spending to the state last year.

It’s a big week for central banks around the world, with a slew of rate moves on the table

A flurry of major central banks will hold monetary policy meetings this week, with investors bracing for interest rate moves in either direction. The Federal Reserve’s highly anticipated two-day meeting, which gets underway on Tuesday, is poised to take center stage. The U.S. central bank is widely expected to join others around the world in starting its own rate-cutting cycle. The only remaining question appears to be by how much the Fed will reduce rates.

Read More: CNBC
blue and red airplane on sky
Boeing factory workers strike for first time since 2008 after overwhelmingly rejecting contract

Boeing’s factory workers walked off the job after midnight on Friday, halting production of the company’s best-selling airplanes after staff overwhelmingly rejected a new labor contract. It’s a costly development for the manufacturer that has struggled to ramp up production and restore its reputation following safety crises.

Read More: CNBC
How Baltimore scored the ‘Super Bowl’ of conventions

A robot dog and the “soul” displayed by local voices helped woo a conference dubbed the “Super Bowl of meetings” to Baltimore. The American Society of Association Executives Annual Meeting & Exposition, a major conference for trade group and association executives, will come to the Baltimore Convention Center in 2033.

The COVID glove factory that hasn’t made gloves also isn’t paying rent

The landlord of a federally subsidized Baltimore County glove factory that never opened is trying to recoup $1.3 million, according to recent court filings. Tradepoint Atlantic filed a lien against United Safety Technology last month, court records show. It followed up with a complaint alleging the proposed glove manufacturer has not been paying rent.

 

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One local sector stays hot despite Baltimore’s weak hiring market

Greater Baltimore’s hiring outlook is slumping with the rest of the country’s, but one industry is standing strong amid the slowdown. The Baltimore metro’s overall hiring picture is the third worst among 55 U.S. metro areas with a population of at least 1 million, according to new data from payroll giant ADP, which identified the nation’s hottest hiring markets based on pay growth, starting wages and hiring rate for 15 million workers.

SpaceX performs historic first spacewalk with Polaris Dawn crew

SpaceX pulled off its first spacewalk in the early hours of Thursday morning, in a historic first for a company. The marquee event of the private Polaris Dawn mission went smoothly, with two of the crew members — Jared Isaacman and Sarah Gillis — stepping outside of SpaceX’s Dragon capsule “Resilience.” It’s the first time civilians, and not government astronauts, have performed a spacewalk.

Read More: CNBC
Small projects on downtown Baltimore’s west side spark revitalization

Lexington Lofts apartments could fit easily into one of downtown Baltimore’s trendier areas. Units come with soaring ceilings and windows, granite finishes, free Wi-Fi and Under Armour gym memberships. The glass-front building with sleek professional offices on the street level sits about a mile from the Inner Harbor. But the renovated six-story building occupies a block in downtown’s west side, where anticipated redevelopment has met with false starts for decades.

Read More: Baltimore Sun
Fruit display in supermarket grocery store
Two key inflation reports this week will help decide the size of the Fed’s interest rate cut

The Federal Reserve gets its last look this week at inflation readings before it will determine the size of a widely expected interest rate cut soon. On Wednesday, the Labor Department’s Bureau of Labor Statistics will release its consumer price index report for August. A day later, the BLS issues its producer price index report, also for August, a measure used as a proxy for costs at the wholesale level.

Read More: CNBC

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