ANNAPOLIS, Md. (AP) — Maryland lost its triple-A bond rating from Moody’s on Wednesday, a rating the state has cited for more than 50 years as a sign of strong fiscal stewardship.

Moody’s downgrade for Maryland was the first since it gave the state an AAA rating in 1973. Standard & Poor’s has given Maryland an AAA rating since 1961, while Fitch Ratings has graded ...

Maryland has received an AAA rating every year since 1973, according to Moody's. A year ago, the state maintained its top credit rating from Moody's.

ANNAPOLIS, Md. (AP) — Maryland lost its triple-A bond rating from Moody's on Wednesday, a rating the state has cited for more than 50 years as a sign of strong fiscal stewardship.

Maryland had received a triple-A bond rating from Moody’s since 1973. The state has benefitted from the higher rating by paying the lowest rates when it sells bonds to pay for infrastructure ...