Economy’s growth rate surges to 4 percent

(Seth Perlman / AP)

The data help bolster hopes that the country’s long-simmering economic recovery is becoming self-sustaining.

Latest News

Aided by European results, Carlyle turns strong profit

Washington-based private equity giant benefits from global asset values, strong stock markets

Booz Allen reports higher profits, but revenue dips

Booz Allen reports higher profits, but revenue dips

Chief executive Ralph Shrader remains optimistic about business compared with a year ago.

Hiring by small businesses cools

Hiring by small businesses cools

It wasn’t a slow month for small firms. It just wasn’t anywhere close to the blistering pace of hiring in June.

As Fed meets, key issues likely to stay unanswered

As Fed meets, key issues likely to stay unanswered

The Federal Reserve will likely end a policy meeting Wednesday with a lot of questions unanswered:

When we were small: Whole Foods

When we were small: Whole Foods

Founder and CEO John Mackey takes us back to the early years at what became a natural foods empire.

Inside Colorado’s flourishing, segregated black market for pot

Inside Colorado’s flourishing, segregated black market for pot

The first months of legal marijuana have laid bare a socio-economic fault line.

Columnists

Michelle Singletary

Michelle Singletary

Targeting scams against the elderly

Scammers go after senior citizens, who don’t have as much time as the young to recover lost money.

Barry Ritholtz

Barry Ritholtz

So you’re the world’s greatest trader? Taxes will fix that.

Traders pay a tax of 30 percent or more on short-term capital gains. Passive indexers come out ahead.

Thomas Heath

Thomas Heath

Dealmaker quits Carlyle and big future to chase a dream

Johnson charts a path from Anacostia to Carlyle, with stops at Princeton and Harvard, then walks away.

Market News

Worries about US consumers drag stocks lower

Worries about US consumers drag stocks lower

Investors got some bad news about the American shopper on Friday, driving down stocks and sending the Dow Jones industrial average to a loss for the week.

Wonkblog

The federal government’s incredibly poor, misleading argument for marijuana prohibition

The federal government’s incredibly poor, misleading argument for marijuana prohibition

It’s a case built on half-truths and radically decontextualized facts taken from otherwise solid research.

That $5 latte is now less likely to cost you $35 in overdraft fees

That $5 latte is now less likely to cost you $35 in overdraft fees

Banks, facing competition from Wal-Mart and others, have begun to soften their overdraft policies.

Struggling homeowners wait to get mortgage relief. And wait. And wait.

Struggling homeowners wait to get mortgage relief. And wait. And wait.

People turning to a foreclosure prevention program for help are facing long delays that put them at higher risk of foreclosure, a federal watchdog says.

More from Wonkblog

On Leadership

Here is proof the boss doesn’t think like you do

Here is proof the boss doesn’t think like you do

A new study finds a divide between what employees want in their jobs — and what employers think they do

At Market Basket, the saga continues

At Market Basket, the saga continues

ON LEADERSHIP | The grocery chain’s customers are getting more involved in a corporate standoff.

In an improving economy, is age discrimination getting better or worse?

In an improving economy, is age discrimination getting better or worse?

The answer, of course, is that it’s complicated.

More from On Leadership

The Switch

Amazon’s new attack on Hachette touts the benefits of cheaper e-books

Amazon’s new attack on Hachette touts the benefits of cheaper e-books

The online retailer wants to lower e-book prices -- a move it claims will benefit the entire publishing industry.

How patent reform’s fraught politics have left USPTO still without a boss

How patent reform’s fraught politics have left USPTO still without a boss

The once-sleepy agency has quickly become a battleground for who will control how government and innovation intersect in the US.

The Switchboard: Why a former NSA director thinks he is worth $1 million a month

The Switchboard: Why a former NSA director thinks he is worth $1 million a month

Your morning helping of hand-picked stories from The Switch team.

More from The Switch