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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.

Political Economy: U.S. regulators fell short before financial crisis, Bernan...

by Ariana Eunjung Cha
2 Sep 2010 at 8:03am
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

U.S. government charges Pakistani Taliban leader Hakimullah Mehsud in CIA attack

by Spencer S. Hsu and Greg Miller
1 Sep 2010 at 10:07pm
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

Former Lehman Brothers CEO Fuld: U.S. regulators acted on 'flawed information'

by Ariana Eunjung Cha
1 Sep 2010 at 9:10pm
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

SAIC reports 54 percent growth in second-quarter profit

by Marjorie Censer
1 Sep 2010 at 7:02pm
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

Pennsylvania capital, Harrisburg, skips payment, may move closer to bankruptcy

by Michael A. Fletcher
1 Sep 2010 at 6:22pm
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

Manufacturing rebound spurs biggest stock rally in months

by Frank Ahrens
1 Sep 2010 at 7:43pm
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

Featured Advertiser

1 Sep 2010 at 7:43pm

Apple revamps iPods for fall product line

by Rob Pegoraro
1 Sep 2010 at 3:50pm
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

Apple revamps iPods in fall product line

by Rob Pegoraro
1 Sep 2010 at 3:33pm
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

Apple Ping: Social network for music

by Rob Pegoraro
1 Sep 2010 at 3:25pm
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

Apple TV: New box for streaming movies, TV unveiled at September event

by Rob Pegoraro
1 Sep 2010 at 3:11pm
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

Apple unveils new box for streaming movies, TV

by Rob Pegoraro
1 Sep 2010 at 2:48pm
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

Chief economist calls on Congress to 'finish the job of economic recovery'

by Lori Montgomery
1 Sep 2010 at 8:37pm
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

Metro Washington unemployment holds steady despite job gains

by V. Dion Haynes
1 Sep 2010 at 1:06pm
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

Automakers report weak sales; recession-wary customers steering clear of show...

by Peter Whoriskey
1 Sep 2010 at 11:32pm
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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