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Wash Post Business
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| http://www.washingtonpost.com/wp-dyn/content/business/index.html?wprss=rss_business |
| The Washington Post Business and Economy section provides coverage and analysis of economic policy,business policy and financial news as it relates to Washington,D.C.,the federal government and individual agencies. Washington Post Business also offers video,discussions and blogs about major economic issues. |
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The theory of "temperate pragmatism," in vogue with some futurists, says we will no longer pursue luxury without portfolio. Hard times have chastened us, including those with money, or those left with less of it after Wall Street scams and bank failures, the theory says.
 
Honda - Honda CR-Z - Makes and Models - Recreation - Autos |
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Your career is about to get a boost from some mobile apps. And your on-the-go life could be a little better, less cluttered and more informed as a result of embracing use-anywhere tech tools.
Employment - Business and Economy - Canada - Job Search - Business |
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What are the must-have mobile apps for job seekers? Consider these, in addition to LinkedIn, Twitter and Craigslist:
Employment - Job Search - Business - Canada - Business and Economy |
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There are a lot of things Congress doesn't know right now. What to do about jobs, for instance. Who'll be running the House come January. How to balance the budget. But there is one thing that both parties increasingly seem to agree on: You should work longer.
Social security - United States - Politics - Privatization - Law |
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TURN SETBACKS INTO GREENBACKS: 7 SECRETS FOR GOING UP IN DOWN TIMES
Color Of Money - Arts - Romance - Sports - United States |
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Q I recently learned, quite by accident, that a colleague at my office has grossly misstated her academic credentials on her résumé (which I have seen), probably since before she came to our company. She's an excellent executive and a very nice person, but I am troubled by this ethical lapse, which...
Fraud - Winds - Tin Whistle - Music - Law |
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Is it worth it to pay $200,000 for a liberal arts education, especially if it means taking out loans? One of my 20-something Kiplinger colleagues answers bluntly: "If I had realized how much debt I was getting into, I would have gone to my state school instead of an expensive private college."
Finance - United States - Education - Colleges and Universities - Government |
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Some families watch TV after dinner. Others review white papers on economics.
Money management - Home - Personal finance - Financial Services - Business |
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The stock markets topped off their best week in a month Friday, as the latest jobs report calmed fears that the sputtering economy was headed toward a double-dip recession.
Business - Equities - Investing - Stocks and Bonds - Employment |
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SAN FRANCISCO - Google's methods for recommending Web sites are being reviewed by the Texas state attorney general in an investigation spurred by complaints that the company has abused its power as the Internet's dominant search engine.
Google - Web search engine - Microsoft - Searching - Search Engines |
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It's not a recession, and it's not much of a recovery. Instead, the U.S. economy is treading water.
Business - Recreation - Picture Ratings - Unemployment - Economic growth |
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Regulators fell short in using their powers "forcefully or effectively" to stop risky practices by banks and were slow to identify and address abuses in the U.S. financial system that led to global economic crisis, Federal Reserve Chairman Ben S. Bernanke told a panel investigating the financial ...
Ben Bernanke - Financial Crisis Inquiry Commission - Federal Reserve System - Financial crisis - Monetary policy |
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AOL and Google announced Thursday a five-year renewal of their revenue-sharing pact, which will now include mobile search and online video, two areas that AOL chief executive Tim Armstrong called critical to the future of his company as it tries to revamp and return to profitability.
Google - AOL - Searching - Search Engines - Access Providers |
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Americans have not lost their will to spend, according to a modest and surprising bump in retail sales last month and the number of contracts signed by home buyers in July.
Retail - Business - Retail Trade - Business and Economy - Thomson Reuters |
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In one of the first detailed insider accounts by a member of President Obama's team, a chief architect of the federal bailouts for General Motors and Chrysler has penned a 300-plus page description of the policy improvisation performed by the administration as the economy swooned at the outset of...
United States - Health - Search and Rescue - Public Health and Safety - Emergency Services |
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If Democrats can't make a convincing case for raising taxes on 315,000 millionaires and using the money to rebuild the country's aging infrastructure, then maybe they don't deserve to be reelected.
Tax - Accounting - Politics - United States - Taxation |
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With just two months until the November elections, the White House is seriously weighing a package of business tax breaks - potentially worth hundreds of billions of dollars - to spur hiring and combat Republican charges that Democratic tax policies hurt small businesses, according to people with...
United States - White House - President - Business - Government |
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In Midtown Manhattan two years ago, the billboard-size clock that keeps track of the U.S. national debt ran out of digits when the figure ballooned to $10 trillion.
Student loan - Business - Financial Services - Education - Financial Planning |
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Just over a quarter of the nation's 139 million currently employed workers endured a bout of unemployment during the Great Recession, according to results of a Pew Research Center survey released Thursday. And they tend to be less satisfied in their current jobs than are other workers.
Recession - United States - Unemployment - Employment - Education |
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The number of U.S. workers filing for unemployment benefits fell only slightly last week and productivity at businesses dropped for the first time in eight quarters, according to government statistics released Thursday, reflecting an economic recovery that continues to stall.
Economic - Social Sciences - Unemployment - United States - Recession |
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U.S. regulators fell short in using their powers "forcefully or effectively" to stop risky practices by banks and were "slow to identify and address abuses" in subprime mortgage lending before the financial crisis, Federal Reserve Chairman Ben S. Bernanke said in prepared remarks.
Financial crisis - Economic - Business - Social Sciences - Ben Bernanke |
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The U.S. government designated the Pakistani Taliban a terrorist group Wednesday and charged its leader, Hakimullah Mehsud, with involvement in a December suicide bombing that killed seven Americans at a remote CIA operating base in Afghanistan.
Tehrik-i-Taliban Pakistan - Afghanistan - Pakistan - Asia - Politics |
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U.S. regulators acting on "flawed information" denied Lehman Brothers the bailout assistance that its Wall Street competitors received, dooming the investment bank to collapse, former company chief executive Richard S. Fuld said Wednesday.
Lehman Brothers - Financial Crisis Inquiry Commission - Financial crisis - Richard Fuld - Business |
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Government contractor Science Applications International Corp. says its second-quarter profit grew nearly 54 percent as it refocused its business on key growth areas, such as cybersecurity, energy and health.
United States - SAIC - General Motors - Services - Business |
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The city of Harrisburg has said that it will not make a $3.3 million municipal bond payment due in two weeks, a decision that could move the Pennsylvania capital closer to bankruptcy.
Harrisburg Pennsylvania - United States - Law - Services - Lawyers and Law Firms |
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After their worst August in nine years, stocks kicked off September with a big snap-back rally, following the release Wednesday of surprisingly good news about the U.S. manufacturing sector.
Sports - Rallying - Motorsports - United States - United States dollar |
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Apple Inc. introduced a new line of iPods today, touting new colors, improved camera functionality and better battery life. Here is a play-by-play of Steve Job's demonstration of the music players to the public. Read more about Apple's fall product line on Faster Forward.
Apple - Netflix - Macintosh - Apple II - Television |
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Apple Inc. introduced a new line of iPods today, touting new colors, improved camera functionality and better battery life. Here is a play-by-play of Steve Job's demonstration of the music players to the public. Read more about Apple's fall product line on Faster Forward.
Apple - Netflix - Macintosh - Apple II - Television |
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Apple Inc. introduced Ping today, a new social music network, included with iTunes 10. Here is a play-by-play of Steve Job's introduction of Ping to the public. Read more about Apple's fall product line on Faster Forward.
Apple - iTunes - Social network - Facebook - Steve Jobs |
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Apple Inc. announced today a smaller, cheaper version of its Apple TV device for streaming movies and television shows over the Internet. Here is a play-by-play of Steve Job's introduction of Apple TV to the public. Read more about Apple's fall product line on Faster Forward.
Apple - Steve Jobs - IPod - Netflix - Companies |
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Apple Inc. announced today a smaller, cheaper version of its Apple TV device for streaming movies and television shows over the Internet. Here is a play by play of Steve Job's introduction of Apple TV to the public. Read more about Apple's fall product line on Faster Forward.
Apple - Steve Jobs - IPod - Netflix - Companies |
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Departing White House chief economist Christina Romer urged Congress on Wednesday to "finish the job of economic recovery" by pumping more cash into the economy through additional tax cuts for businesses and middle-class families, as well as fresh investments in the nation's infrastructure.
United States Congress - Congress - United States - People - Economic |
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Unemployment in the Washington region remained steady at 6.3 percent from June to July, according to federal government data released Wednesday, despite significant job growth during the past year.
Washington - United States - Unemployment - Business and Economy - Work |
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Chastened by the recession, more U.S. consumers have become cheapskates: They are saving more and driving older cars. And that, in part, explains the historically dismal sales reports released Wednesday by automakers.
GeneralMotors - Chrysler - Autos - Recreation - Makes and Models |
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In her final speech as White House chief economist, Christina Romer on Wednesday will call on Congress to summon the political will to approve additional spending on the economy.
Economic - Christina Romer - Social Sciences - Barack Obama - Council of Economic Advisers |
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Moody's, one of three major credit rating firms that misjudged many of the securities at the center of the financial crisis, escaped legal action when regulators said they would not sue the company for fraud despite finding evidence that the firm misled investors.
Moody - Fraud - Business - U.S. Securities and Exchange Commission - Credit rating agency |
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NEW YORK - The stock market ended its worst August since 2001 with meager gains Tuesday after minutes from the latest Federal Reserve meeting showed officials' increasing concern about the economy.
Business - Investing - Stocks and Bonds - Equities - Stock market |
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The agency's decision sidesteps a major sore point in trade relations between the two countries.
China - Asia - United States - United States Department of Commerce - Business and Economy |
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Prices for single-family homes in major U.S. cities rose a modest 4.2 percent in June from a year earlier, but economists cautioned that the bounce was likely due to a now-expired home-buyer tax credit and that prices would likely fall, perhaps dramatically, in the coming months.
Washington - United States - Local News - Eastern Washington - National Weather Service |
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Lenders posted their biggest quarterly profit in almost three years, even as the number of banks at risk of failure rose to 11 percent of insured institutions, the Federal Deposit Insurance Corp. said Tuesday.
United States - Federal Deposit Insurance Corporation - Heart failure - Sheila Bair - Health |
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Federal Reserve officials were divided at their Aug. 10 meeting over whether they should resume purchases of Treasury bonds and what impact the move could have on the nation's economy, according to minutes released Tuesday.
Politics - United States - Security - Policy - Policy Institutes |
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Federal domestic spending increased a record 16 percent to $3.2 trillion in 2009, the Census Bureau reported Tuesday, largely because of a boost in aid to the unemployed and the huge economic stimulus package enacted to rescue the sinking economy.
United States Census Bureau - United States - Government - Commerce Department - Executive Branch |
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U.S. single-family home prices in 20 major cities saw a modest increase of 4.2 percent in the second quarter from a year earlier, but economists cautioned that the bounce was likely due to the final days of the tax credit and that prices would likely fall, perhaps dramatically, in the coming months.
Washington DC - Washington - Gary Pinkel - Barack Obama - United States |
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At first blush, a government report released Monday appeared to offer hope to the nation's struggling auto industry: New-car sales in July fueled an uptick in consumer spending, which had been wheezing for three straight months.
Consumer spending - Business and Economy - Home - Unemployment - United States Department of Commerce |
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Under pressure to revive the faltering recovery, President Obama said Monday that he and his economic team are discussing "additional measures" to bolster growth and spur hiring, including "further tax cuts" to encourage businesses to create jobs.
Barack Obama - United States - President - History - Government |
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Barack Obama - United States - President - Government - Elections |
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The International Monetary Fund on Monday further loosened its lending rules in an effort to prevent future financial crises from spreading around the world.
Economic - International - Bretton Woods Institutions - International Monetary Fund - United States |
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In the five years since Hurricane Katrina devastated the Gulf Coast, the tourism industry there has struggled to come back. But several Washington area hotel companies are beginning to see a return to profit at their lodgings in the region, after contending with property damage, revenue decline a...
Hurricane Katrina - New Orleans - United States - Gulf Coast of the United States - Katrina |
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One of the best things about writing Value Added is that I discover niche businesses that astonish me.
Business - Knowland Group - Recreation - Tourism - Roads and Highways |
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Navigant Consulting of the District named Jim Speyer and Julie Solomon managing directors.
Business - Major Companies - Company Rankings - United States - Marketing and Advertising |
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Check out the papers presented at the Federal Reserve Bank of Kansas City's annual economic symposium in Jackson Hole, Wyo. The papers include one by Carmen and Vincent Reinhart on the prospects for post-crisis growth.
Neil Patrick Harris - Neil Marshall - David Burtka - Arts - David Cohen |
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Position: General counsel and corporate secretary of the Military Officers Association of America (MOAA), an Alexandria-based nonprofit membership organization for current and retired active-duty, National Guard and reserve military officers and their families and survivors.
United States - Military - US House of Representatives - Massachusetts - Stephen Lynch [D-9] |
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MONDAY Basic Interview Tips. Learn about how to prepare for an interview. 10:30 a.m. to 12:30 p.m., 401 Hungerford Dr., first floor, Rockville. Sponsor: Montgomery County Commission for Women Counseling and Career Center. Cost: $20. Contact: 240-777-8300. Web site: www.montgomerycountymd.gov/c...
Bodypainting - Facepainting - Bodyart - Facebook - Arts |
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RICHMOND -- As Gov. Robert F. McDonnell pushes a proposal to privatize state-owned liquor stores, he has reassured the public that problems associated with drinking would be unlikely to worsen if the state government relinquished control over distilled spirits.
Alcoholic beverage control state - United States - Virginia - Business - Alcoholic beverage |
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I recently accepted a position at a company and have been working here for two weeks. I was unemployed a long time and really love this job. However, I am having an issue over the allotted vacation time. The company only grants two weeks vacation each year, and I long ago purchased a three-week...
Business - Canada - Business and Economy - Fashion - New York City |
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Derrick T. Dortch, president of the Diversa Group, is a career counselor who specializes in government job searches and military transition. This is adapted from a recent chat at washingtonpost.com.
Employment - United States - USAJOBS - Business - Business and Economy |
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CORNWALL, N.Y. It was motorized epiphany, the sudden realization that the seemingly impossible is possible. We can have power, fun in driving and fuel efficiency. All we need is money -- in a rounded sum, at least $44,000. But it's worth it, the 2011 BMW 335d sedan.
BMW - Recreation - Makes and Models - Autos - United States |
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Perhaps nothing gets some people madder than if you trash their mama or dare to talk about Social Security.
Ponzi scheme - Social Security - United States - Politics - Privatization |
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Back-to-school shopping deals are just a text message away this year as retailers wade into the brave new world of mobile commerce.
Business and Economy - Telecommunications - Mobile phone - Mobile - Communications |
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In this era of high unemployment, flat home prices and do-it-yourself retirement savings, some traditional rules of saving and investing are due for an overhaul.
Games - Card Games - Home - Personal Finance - Money Management |
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A little-known strategy that allows Social Security recipients to boost their income by repaying benefits received in earlier years and then claiming a bigger monthly check based on their greater age may soon disappear. The Social Security Administration (SSA) is moving to eliminate the do-over...
Social Security - United States - Politics - Law - Privatization |
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SEATTLE - Hewlett-Packard boosted its bid for 3Par to $1.88 billion Friday, topping Dell's offer by 11 percent and again raising the stakes in the bidding contest for the data-storage company.
Hewlett-Packard - Dell - HP - HP 3000 - Unix |
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Microsoft co-founder Paul Allen lobbed a patent violation lawsuit at some of Silicon Valley's most prominent companies on Friday, accusing them of using ideas hatched at one of his former businesses.
Google - Microsoft - Apple - Paul Allen - Searching |
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U.S. stocks jumped Friday, recovering some of the week's losses, as investors were encouraged by better-than-expected news about economic growth and a renewed commitment from the Federal Reserve to intervene should the economy take a turn for the worse.
Gross domestic product - Business - Investing - Stocks and Bonds - Equities |
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JACKSON, WYO. - With the economy faltering, Federal Reserve Chairman Ben S. Bernanke said Friday he was prepared to take dramatic steps to boost the recovery but only if conditions get worse than he now expects.
Ben Bernanke - Economic - Federal Reserve System - Central bank - Deflation |
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The Justice Department greenlighted the planned merger of United Airlines and Continental Airlines on Friday, paving the way for the creation of the world's biggest airline.
United States - Justice Department - Continental Airlines - United States Department of Justice - Southwest Airlines |
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American taxpayers spend 7.6 billion hours and roughly $140 billion a year to comply with the bewildering thicket of requirements in the federal tax code, according to a report released Friday by a White House advisory board whose members urged Congress to adopt their ideas for simplifying people...
United States - Politics - Taxation - Paul Volcker - President's Economic Recovery Advisory Board |
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JACKSON HOLE, Wyo. -- Federal Reserve Chairman Ben S. Bernanke acknowledged in a much-awaited speech Friday that the pace of economic growth "recently appears somewhat less vigorous" than expected, but said that the economy is on track to continue growing and the central bank would only take new...
Ben Bernanke - Federal Reserve System - United States - Business - Storage |
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JACKSON HOLE, WYO. - The Federal Reserve will take new action to bolster the economy only if conditions worsen further, Chairman Ben S. Bernanke said Friday, adding that he expects a continued economic recovery.
Federal Reserve System - Ben Bernanke - Economic - Chairman of the Federal Reserve - Social Sciences |
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Tina Lambert and her husband wanted an investment that would help them pay for their kids' college tuition someday. When he insisted on paying $49,000 for a condominium in Ocean City in 1997, she worried. But by the middle of this decade, when housing markets were in full boom, the condo's value ...
Business - United States - Travel and Tourism - Lodging - Caribbean |
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NEW YORK - Stocks fell Thursday after early gains from a better report on jobless claims faded in late trading, sending the Dow Jones industrial average to its first close below 10,000 since early July.
Economic - Social Sciences - Indicators and Statistics - Official Statistics - United States |
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A report Thursday by the federal regulator overseeing Fannie Mae and Freddie Mac put a new wrinkle in a common explanation for why the mortgage giants collapsed and could complicate efforts to restructure them.
Fannie Mae - Freddie Mac - United States - Mortgage loan - Real estate |
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The Commerce Department slashed its estimate for U.S. GDP growth in the second quarter from a 2.4 percent annual rate to 1.6 percent, confirming fears that economic growth has slowed to a crawl.
Business - Economic - Instrumentation - Electronics and Electrical - Flow |
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The federal government wants to fine American Airlines a record $24.2 million for failing to adequately address a problem with wheel-well wiring that could cause fires in its fleet of 245 McDonnell Douglas MD-80 airplanes.
American Airlines - United States - Airline - Government - Aviation |
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With the economy rapidly weakening, some senior Democrats are having second thoughts about raising taxes on the nation's wealthiest families and are pressing party leaders to consider extending the full array of Bush administration tax cuts, at least through next year.
Tax cut - United States - Taxation - Politics - Republican |
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Foreclosures and late payments on home mortgages dropped slightly in the second quarter of this year, but sustained high unemployment and a stalled economic recovery could make the improvement short-lived.
Foreclosure - Mortgage Bankers Association - Loan - Mortgage loan - Business |
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Nearly 10 percent of all American homeowners with a mortgage had missed at least one payment this summer, threatening foreclosure, according to fresh data released moments ago by the Mortgage Bankers Association.
Loan - Home - Business - Mortgage loan - Mortgage |
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TOKYO - Even by the standards of a country that has spent 20 years fretting about its economy, these are especially worrisome times in Japan. Several recent benchmarks - a succession of bad and worse news - have prompted calls for rare government intervention.
Japan - Asia - Arts and Entertainment - Social Sciences - History |
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Credit card reform came too late for 20-year-old Tamaira Shaw.
Credit card - Business - Financial Services - Business and Economy - Merchant Services |
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Weekly unemployment claims declined Thursday for the first time in a month, but did not fall steeply enough to alleviate ongoing concern about the nation's economic recovery.
Jobless claims - Social Sciences - Economics - Unemployment - Politics |
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With the housing market retreating, unemployment lingering and top officials at the Federal Reserve in open disagreement over what to do, Fed Chairman Ben S. Bernanke is under rising pressure to offer solutions in an address Friday that is likely to be his most important since the end of the fina...
Ben Bernanke - Federal Reserve System - Social Sciences - United States - Asia |
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I have my own spin to put on the news that sales of existing homes plunged 27 percent in July: Stop thinking of your home as your cash cow.
Net worth - Programming - Component Frameworks - NET - Tools |
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For years, the nation's largest companies - from FedEx and Macy's to AT&T and IBM - have opposed proposed federal rules that would make it easier for shareholders to oust directors on corporate boards. These industry giants have said that the proposed rules would be costly and hurt average in...
Business - U.S. Securities and Exchange Commission - Board of directors - United States - Institutional investor |
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Sales of newly built homes dropped to their lowest level since the government started tracking the numbers more than four decades ago, with demand for home purchases down in all four regions of the country.
Business - Marketing and Advertising - Salesmanship - Tax credit - Real Estate |
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Northrop Grumman said Wednesday that it plans to lay off 642 workers at its Pascagoula, Miss., shipyard by the end of the year.
Northrop Grumman - Business - Shipyard - Maritime - Transportation and Logistics |
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The Carlyle Group suffered a rare setback Wednesday when one of its portfolio companies, toy supplier Oriental Trading Co., filed for bankruptcy protection, citing heavy debt and higher shipping costs.
Carlyle Group - United States - Private equity - Merrill Lynch - Latham & Watkins |
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Spending on big-ticket items rose less than expected in July, a sign that one of the areas of economic strength over the first half of the year -- business investment in equipment -- is starting to fade.
Durable good - Economics - Business - Social Sciences - United States Department of Commerce |
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Outside a hotel ballroom near Baltimore-Washington International Marshall Airport, about three dozen men and a handful of women lined up one recent morning to get a colored dot - green, blue or red - affixed to their suits and dresses.
Employment - United States - Business - Business and Economy - Job Search |
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Sales of previously built single-family homes plunged in July to their lowest level since May 1995 as job fears trumped low mortgage interest rates and relatively affordable home prices.
Business - National Association of Realtors - United States - Residential Housing - Construction and Maintenance |
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A rapidly weakening economy threatens to undermine President Obama's assertion that he has set the nation on a path to prosperity and, with barely two months until congressional midterm elections, Democrats find themselves with few options for reviving the faltering recovery.
United States - Democratic - Politics - Parties - Business |
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Rep. Barney Frank, chairman of the House Financial Services Committee, said Tuesday that he will hold a hearing this fall to examine whether regulators are being tough enough in curbing pay practices at Wall Street firms that can lead to excessively risky practices.
Business - Wall Street - United States - Products and Services - Healthcare |
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A federal judge on Monday blocked the Obama administration from funding human embryonic stem cell research, ruling that the support violates a federal law barring the use of taxpayer money for experiments that destroy human embryos.
Stem cell - Biotechnology - Embryonic stem cell - Biology - United States district court |
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The largest egg recall in U.S. history comes at a point of great consolidation in the egg industry, when a shrinking number of companies produce most of the eggs found on grocery shelves and a defect in one operation can jeopardize a significant segment of the marketplace.
Business - Food and Related Products - Poultry - Meat and Seafood - Associations |
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HOUSTON -- A Transocean rig manager testified Monday that, about a week before the April 20 Deepwater Horizon explosion in the Gulf of Mexico, he challenged his counterparts at BP to explain their decision to swap out the most experienced well-site leader -- or "company man" -- for someone less...
Houston - Environment - Transocean - Energy - Business |
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