Falling prices put pressure on OPEC

(Hussein Malla / AP)

Thursday’s OPEC meeting in Vienna will be the groups’s most closely watched session in years, with far-reaching implications from the local gasoline pump to the oil-dependent budgets of Russia and Iran.

    Latest News

    A much merrier mood this year on Main Street

    A much merrier mood this year on Main Street

    Last year, the mood was more “Bah Humbug” than “Joy to the World.” So what changed for small businesses?

    What a Thanksgiving “turkey” made of hot dogs teaches us about the new world of food marketing

    What a Thanksgiving “turkey” made of hot dogs teaches us about the new world of food marketing

    Food companies increasingly are betting that the route to your dinner table is through your social networks.

    Plan to extend tax breaks, which could add $450 billion to deficit, hits snag

    Plan to extend tax breaks, which could add $450 billion to deficit, hits snag

    The president would veto the legislation if permanent provisions for working families aren’t added.

    As D.C. embraces its industrial past, New York’s High Line Park shows the way

    As D.C. embraces its industrial past, New York’s High Line Park shows the way

    NYC’s rail platform park inspires local reuse of railroad underpasses, streetcar tunnels and abandoned bridge piers.

    Former chief executive pleads guilty to providing gratuities

    Intelligent Decision’s Harry Martin is latest to plead guilty in probe of bribery, bid-rigging, officials said.

    Snyder’s Disruptor Capital invests in Virginia clothing firm

    Richmond’s Ledbury raises $5M to help fund its e-commerce sales, expand workforce by up to 50.

    Columnists

    Michelle Singletary

    Michelle Singletary

    Giving gift cards at Christmas used to feel lazy. Why I have no guilt this year.

    Spending on gift cards is expected to reach $31 billion, an increase of 83 percent since 2003.

    Barry Ritholtz

    Barry Ritholtz

    You just signed a
    $325 million deal. Now what?

    Giancarlo Stanton’s baseball deal isn’t as much as it sounds like, and he still needs to budget and plan ahead.

    Thomas Heath

    Thomas Heath

    Doggett parking’s real dividend is in its Heroes charity

    Washington nonprofit helps families of fallen police, firefighters move forward; it was Bud Doggett’s Way.

    Market News

    US indexes barely budge ahead of Thanksgiving

    Stock indexes are holding near record levels as traders digest some mixed news on the U.S. economy.

    Wonkblog

    Thousands of people can now buy back the homes they lost to foreclosure

    Thousands of people can now buy back the homes they lost to foreclosure

    Fannie and Freddie now allows people who lost their homes to foreclosure to buy back their properties, switching a long-held policy that banned such arrangements.

    Why it’s not okay to have a second refrigerator

    Why it’s not okay to have a second refrigerator

    They’re costly and bad for the planet.

    Speed traps hurt Ferguson’s economy

    Speed traps hurt Ferguson’s economy

    Like many local governments in the area, Ferguson relies heavily on revenue from traffic tickets -- a legacy of segregation.

    More from Wonkblog

    On Leadership

    Is dishonesty just part of the banking culture?

    Is dishonesty just part of the banking culture?

    New research suggests that when bankers are reminded of their profession, they’re more likely to cheat.

    Hagel’s resignation likely won’t help

    Hagel’s resignation likely won’t help

    The defense secretary’s resignation is a reminder of Obama’s difficulty in getting personnel changes to work in his favor.

    More from On Leadership

    Get There

    Can this caregiver retire at age 62?

    Can this caregiver retire at age 62?

    Grace Lim would like to retire early, but the main breadwinner wonders if she’s doing enough to optimize income from her savings.

    The big difference between how wealthy African-American and white investors treat their money

    The big difference between how wealthy African-American and white investors treat their money

    Wealthy African American investors are much more conservative with their money compared to white investors.

    The Switch

    Senators don’t like where the FAA’s headed on drones

    Senators don’t like where the FAA’s headed on drones

    And at least one of them is pushing back against a rumored agency proposal that would place heavy restrictions on the drone industry.

    City of Ferguson bulks up its security online, too

    City of Ferguson bulks up its security online, too

    The Missouri city has added protection against the sort of digital attacks preferred by the online hacker collective Anonymous.

    More from The Switch