Airlines are posting record profits, but consumers may see even higher prices

Delta reported record profits in the second quarter. (AP)

The ebullient earnings reports stood in stark contrast to the industry’s dire financial state in recent years.

Latest News

Marriott profit rises 7 percent in second quarter

Marriott profit rises 7 percent in second quarter

The World Cup helped boost earnings for the Bethesda-based hotel company.

Smartshoes put Google Maps at your feet and vibrate to tell you where to go

Smartshoes put Google Maps at your feet and vibrate to tell you where to go

The Bluetooth-enabled Lechal shoes will help visually impaired individuals to navigate.

List narrows for future FBI headquarters: Greenbelt, Landover or Springfield.

The FBI is likely headed out of the District for one of three suburban locations.

Wes Bush: ‘One size does not fit all’ for Pentagon buying

Wes Bush: ‘One size does not fit all’ for Pentagon buying

Northrop Grumman’s chief executive says contracting officials should be given more flexibility.

Amazon adds a YouTube-like “Video Shorts” section that turns video browsing into a shopping opportunity

Amazon adds a YouTube-like “Video Shorts” section that turns video browsing into a shopping opportunity

A new component of Amazon’s Instant Video Web site, called Video Shorts, offers free video browsing and chance to purchase items related to the video clips.

$8.5B store merger scrambles industry landscape

$8.5B store merger scrambles industry landscape

Dollar Tree will buy Family Dollar, creating a retail giant with 13,000 stores and $18 billion in sales.

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

Fast food workers score a big win

Fast food workers score a big win

The National Labor Relations Board’s general counsel made up his mind: McDonalds is a real employer, and should be liable for complaints.

More guns, less crime? Not exactly.

More guns, less crime? Not exactly.

Gun advocates argue that right-to-carry laws make cities safer. Why D.C. should be skeptical.

Nearly three quarters of Americans think the U.S. should shelter (not immediately deport) unaccompanied minors

Nearly three quarters of Americans think the U.S. should shelter (not immediately deport) unaccompanied minors

It appears the American public isn’t nearly as comfortable sending unaccompanied minors back to Central America as the Republican party might hope.

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

Twitter shares jump on user and revenue growth, although it’s still not turning a profit

In the short-term, at least, the firm manages to fight off doubts that it would be unable to make money following its decision to go public last year.

Is Facebook learning to embrace privacy?

Is Facebook learning to embrace privacy?

Facebook may be looking at privacy more as an opportunity than as an obstacle these days.

Netflix and AT&T have signed an interconnection deal

Netflix and AT&T have signed an interconnection deal

The streaming video company says its agreement was reached in May and is now rolling out to consumers.

More from The Switch