National Business News
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.
Updated: 2 hours 31 min ago
Federal Reserve 'beige book' signals widespread slowdown of economic growth
The U.S. economy continued growing this summer but "with widespread signs of deceleration," according to the Federal Reserve's "beige book." The compilation of anecdotal information from companies in the 12 Fed districts offers a portrait of an uncertain economic moment in which growth has slowed in
Federal Reserve System - Beige Book - Economic - Social Sciences - US Federal Reserve
Federal Reserve System - Beige Book - Economic - Social Sciences - US Federal Reserve
Categories: Business News
Financial literacy campaign could save money for citizens, government
As we continue to assign blame for the nation's economic mess, perhaps it would do us well to look in the mirror.
Financial literacy - Education - Literacy - Organizations - Adult Literacy
Financial literacy - Education - Literacy - Organizations - Adult Literacy
Categories: Business News
World Economic Forum survey: Debt, financial crisis hurt U.S. competitiveness
Large deficits and a weakened financial system have made the United States less competitive in the global economy, the World Economic Forum said in its annual review of the competitiveness of countries.
World Economic Forum - Financial services - Business - Financial Planning - Business and Economy
World Economic Forum - Financial services - Business - Financial Planning - Business and Economy
Categories: Business News
Obama plan for corporate tax credit, infrastructure spending gets cool reception
Facing a rising jobless rate and the possibility of a GOP blowout in the November midterm elections, President Obama sought Wednesday to convince voters that he is charting a new path to revive the American economy.
Corporate tax - Tax - Barack Obama - United States - President
Corporate tax - Tax - Barack Obama - United States - President
Categories: Business News
Financial overhaul's unexpected fallout: Closing of D.C.'s Small Savers day care
Washington's battle for regulatory reform wasn't supposed to have this kind of collateral damage.
Screen Savers - Desktop Customization - Freeware - United States - Business
Screen Savers - Desktop Customization - Freeware - United States - Business
Categories: Business News
One-quarter of Lockheed Martin executives take buyout offer
Bethesda-based contracting giant Lockheed Martin announced Wednesday that more than 600 executives have taken the company up on an early-exit program that provides financial incentives in exchange for leaving.
Shopping - Associations - Coins - Antiques and Collectibles - World Coins
Shopping - Associations - Coins - Antiques and Collectibles - World Coins
Categories: Business News
Light bulb factory closes; End of era for U.S. means more jobs overseas
WINCHESTER, VA. - The last major GE factory making ordinary incandescent light bulbs in the United States is closing this month, marking a small, sad exit for a product and company that can trace their roots to Thomas Alva Edison's innovations in the 1870s.
Light - Business - Business and Economy - China - Incandescent light bulb
Light - Business - Business and Economy - China - Incandescent light bulb
Categories: Business News
Consumer watchdog candidate Elizabeth Warren pays another visit to White House
Elizabeth Warren slipped quietly into Washington on Tuesday to talk with President Obama about the possibility of leading the new Bureau of Consumer Financial Protection, according to people familiar with the meeting.
White House - United States - Elizabeth Warren - Government - President
White House - United States - Elizabeth Warren - Government - President
Categories: Business News
BP releases report on gulf well blowout
BP released a long-awaited report Wednesday on an internal investigation into the causes of its Gulf of Mexico oil well blowout, blaming multiple failures by BP and other firms but absolving its much-criticized well design.
Gulf of Mexico - Oil spill - BP - Blowout preventer - United States
Gulf of Mexico - Oil spill - BP - Blowout preventer - United States
Categories: Business News
Obama unveils more stimulus, tax breaks for business
The president will argue personally Wednesday against extending the Bush-era income tax cuts for the nation's wealthiest families even for a year or two, a message aimed at wavering Democrats who have been swayed by arguments that the economy is too weak to raise anyone's taxes.
Barack Obama - United States - President - Government - History
Barack Obama - United States - President - Government - History
Categories: Business News
Phasing out the incandescent light bulb
The Energy Independence and Security Act of 2007 legislated a reduction of energy usage and greenhouse gas emissions. The law provides for phasing out today's general service incandescent light bulbs in favor of lower-wattage, energy saving bulbs. Lighting accounts for about 15 percent of the ele...
Light - Incandescent light bulb - Electrical - Shopping - Bulbs
Light - Incandescent light bulb - Electrical - Shopping - Bulbs
Categories: Business News
To consumer advocates, Obama's antitrust enforcement looks like more of the same
When President Obama took office, he promised to undo eight years of what he called the weakest antitrust enforcement in half a century. A year and a half later, consumer advocates are still waiting for the crackdown.
Competition law - President - United States - Barack Obama - Google
Competition law - President - United States - Barack Obama - Google
Categories: Business News
Obama proposal to fund infrastructure projects may hit election year wall
With the nation's bridges and highways crumbling under the weight of age, attempts to pass a new six-year transportation bill have faltered mostly because Congress can't figure out how to pay for it.
Infrastructure - Barack Obama - President - United States - Elections
Infrastructure - Barack Obama - President - United States - Elections
Categories: Business News
HP sues ousted CEO Hurd over hiring by rival Oracle
An executive's sex scandal. His ouster. A bombastic billionaire competitor who redeemed him. And now a possible court battle over high-tech secrets.
HewlettPackard - Mark Hurd - Oracle - Oracle Corporation - Larry Ellison
HewlettPackard - Mark Hurd - Oracle - Oracle Corporation - Larry Ellison
Categories: Business News
The bleak truth about unemployment
Somewhere between the rantings of the Republican right, which is peddling the nonsense that excessive government spending is to blame for high unemployment, and the Democratic left, which clings to the false hope that another helping of fiscal stimulus is all that is needed to get millions of Ame...
Unemployment - Work - United States - Employment - Religion and Spirituality
Unemployment - Work - United States - Employment - Religion and Spirituality
Categories: Business News
Shubh Hotels Pittsburgh files for bankruptcy protection
Shubh Hotels Pittsburgh, the owner of Pittsburgh's largest hotel, has filed for bankruptcy protection days after Hilton Hotels terminated its franchise license agreement.
United States - Bankruptcy - Law - Services - Lawyers and Law Firms
United States - Bankruptcy - Law - Services - Lawyers and Law Firms
Categories: Business News
Aid groups using cellphones to reach the world's poor
SEATTLE - For the world's poorest, cellphone technology carries opportunity, aid groups say, as text messages and other mobile applications have created a new platform to reach the most remote farms and crowded urban slums of Africa, Asia and Latin America.
Mobile phone - Shopping - Health - Arts - United States
Mobile phone - Shopping - Health - Arts - United States
Categories: Business News
World stocks rise on hopes that U.S. economy can avoid returning to recession
World stocks rise on hopes that the U.S. economy can avoid slipping back into recession, although the International Monetary Fund's chief economist warned of weak growth in the United States and Europe.
Economy of the United States - Business - Investing - Stocks and Bonds - Equities
Economy of the United States - Business - Investing - Stocks and Bonds - Equities
Categories: Business News