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washingtonpost.com
Wash Post 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.

Ex-official David Loglisci's guilty plea advances N.Y. state pension probe

by Tomoeh Murakami Tse
10 Mar 2010 at 11:00pm
NEW YORK -- A former New York state official pleaded guilty Wednesday to a felony in connection with an alleged pay-to-play scheme involving the state's pension system, a move that legal experts said could bring the investigation closer to one of Wall Street's most prominent financiers, Steven...


February set deficit record; Google says China feud may be resolved soon

by Post
10 Mar 2010 at 11:00pm
The Treasury Department said Wednesday that the government's budget deficit in February totaled $220.9 billion, the largest monthly figure yet and 14 percent higher than the previous record from February 2009. The deficit for the first five months of this budget year is $651.6 billion, 10.5 percent...


Finding solid footing as banks' overdrafts get overhauled

by Michelle Singletary
10 Mar 2010 at 11:00pm
I've been noticing a lot of notice fatigue lately. By now, you may have become a bit overwhelmed with correspondence from your bank or credit union about mandated changes to your credit card account.


FHA considers down payment requirements

by Dina ElBoghdady
10 Mar 2010 at 7:40pm
The Federal Housing Administration has concluded that its loan volume would have dipped by 40 percent in the next fiscal year and that 300,000 first-time home buyers would have been shut out of the housing market if it had raised its down payment requirements, as critics have pressured it to do, ...




Gay marriages expected to create wedding-related jobs in D.C.

by Ylan Q. Mui
9 Mar 2010 at 11:00pm
Georgetown residents Christopher Cahill and Richard Marshall consider the $75,000 wedding that they're planning for June to be their own "personal stimulus package" for the District economy. And local businesses are already seeing the dollar signs.


Inspectors from Toyota and NHTSA descend upon San Diego to examine runaway Prius

by Frank Ahrens
9 Mar 2010 at 11:00pm
Toyota's run of troubles and terrible timing continues.


Featured Advertiser

9 Mar 2010 at 11:00pm

Wall Street could learn from book that finds money isn't everything

by Steven Pearlstein
9 Mar 2010 at 11:00pm
You would have thought that after the junk-bond scandals of the 1980s, the tech bubble of the 1990s and our recent market meltdown, Wall Street would have finally acknowledged the folly of trying to motivate employees through outsize performance bonuses.


Senate financial bill appears likely to keep Fed as regulator of big banks

by Brady Dennis
9 Mar 2010 at 11:00pm
Key members of the Senate banking committee are coalescing around legislation that would strip the Federal Reserve of much of its regulatory authority but would leave the central bank with oversight of the nation's largest banks, according to aides familiar with the ongoing negotiations.




Rise in Washington area unemployment seen as good sign for economy's recovery

by V. Dion Haynes
10 Mar 2010 at 11:00pm
Unemployment rates rose in the District, Maryland and Virginia in January, a shift that economists said could be a positive sign for the economy because it suggests that discouraged job-seekers are feeling more optimistic about their prospects and have resumed looking for work.



Senate passes $140 billion in tax breaks, aid to unemployed

by Ben Pershing
10 Mar 2010 at 11:00pm
The Senate approved a $140 billion package of tax breaks and aid to the unemployed Wednesday, the most substantial effort by the chamber to boost the nation's economy since it passed the stimulus bill last year.


House bans earmarks to for-profit companies

by Paul Kane
10 Mar 2010 at 11:00pm
Facing an election-year backlash over runaway spending and ethics scandals, House Democrats moved Wednesday to ban earmarks for private companies, sparking a war between the parties over which would embrace the most dramatic steps to change the way business is done in Washington.


In St. Louis area, Obama pounds drum for health-care initiative

by Scott Wilson
10 Mar 2010 at 11:00pm
ST. CHARLES, MO. -- President Obama made an impassioned case Wednesday for his health-care proposal, delivering a folksy, partisan argument for reform as industry groups prepare a multimillion-dollar advertising campaign to defeat it.



House Ways and Means Chairman Levin says job creation will be top priority

by Lori Montgomery
9 Mar 2010 at 11:00pm
As he takes the reins of the tax-writing House Ways and Means Committee, Rep. Sander M. Levin is vowing to raise the profile of a once-powerful panel that, in recent years, has been overshadowed by the ethics troubles of its previous chairman, Rep. Charles B. Rangel.


Bank of America changes overdraft policy; SEC takes on market rumors

by Post
9 Mar 2010 at 11:00pm




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