Obama scraps bid to raise taxes on ‘529’ plans

The administration retreated after a strong backlash to the proposal, which would have curtailed a major tax benefit of the popular college savings accounts used by many families.

    Apple’s iPhone sales
    crush analyst predictions

    The 74.5 million iPhones sold in the last quarter of 2014 were more than 5 million more than industry watchers had predicted and led the company to a record $18 billion profit.

    Comfort, left, and Kofi Boateng face troubles. (Michel du Cille/Post)

    How one family went from no debt
    to owing more than $1 million

    After the housing collapse derails the American Dream, a cloud of uncertainty hangs over one family.

    Why the snow forecast for NYC was so bad, and what should be done about it

    Why the snow forecast for NYC was so bad, and what should be done about it

    The weather service admits it didn’t do enough to communicate the uncertainty in its forecast.

    Obama proposes Atlantic oil drilling, but new restrictions in Alaska

    Obama proposes Atlantic oil drilling, but new restrictions in Alaska

    The plans set the stage for new clashes with Republican lawmakers over U.S. energy policies.

    Ahead of possible 2016 bid, Romney talks openly about Mormon faith

    Ahead of possible 2016 bid, Romney talks openly about Mormon faith

    If he runs again, he’s determined to re-brand himself as authentic — and make public what he’s kept private.

    Michelle Obama forgoes a headscarf and sparks a backlash in Saudi Arabia

    Michelle Obama forgoes a headscarf and sparks a backlash in Saudi Arabia

    WORLDVIEWS | In that country, the simple act of not covering your head can be political, intentionally or not.

    U-Va. sorority sisters ordered to stay home while fraternity brothers party

    U-Va. sorority sisters ordered to stay home while fraternity brothers party

    The edict “perpetuates the idea that women are inferior, sexual objects,” a petition opposing it says.

    Why some police officers hate ‘Waze,’ a navigation app highway drivers love

    Why some police officers hate ‘Waze,’ a navigation app highway drivers love

    A California police chief said he fears the technology could aid those who want to hunt and kill police.

    Local

    Police: Broken D.C. traffic cams led to less revenue

    Police: Broken D.C. traffic cams led to less revenue

    The acknowledgment undermines the earlier claim that the drop was from motorists obeying the law.

    Sports

    NFL deserves blame for DeflateGate

    NFL deserves blame for DeflateGate

    The league has allowed the Patriots’ football controversy to linger at its own benefit.

    Business

    Dow drops amid earnings, global economy news

    Dow drops amid earnings, global economy news

    The indicators Americans love are helping to pummel the stock market and hurt corporate earnings overseas.

    Diversions