GM profit falls 85 percent

(Daniel Acker / Bloomberg)

The automaker says that its second-quarter profit fell 85 percent as recall costs chopped $1.5 billion from the bottom line.

Latest News

Gray aide weighs changes to Reeves Center swap for stadium land

Gray aide weighs changes to Reeves Center swap for stadium land

Gray aide weighs rules for Reeves Center redevelopment in stadium deal, but changes could raise the cost to the District.

Mortgage rates hover near lowest levels for the year

Mortgage rates hover near lowest levels for the year

Rates hold steady while staying below where they were a year ago.

Baby or bust: When can you afford to have a child?

Baby or bust: When can you afford to have a child?

The economy has some folks putting plans for a family on hold. Also: timeshares and movie nights.

U.S. unemployment aid applications drop

U.S. unemployment aid applications drop

The number of people seeking U.S. unemployment benefits fell last week to its lowest level in eight years.

How not to shut down coal plants

How not to shut down coal plants

Colorado is racing ahead with clean energy. But the transition is sending some citizens’ bills skyrocketing.

Petitions filed to force Truland affiliates into bankruptcy

Petitions were filed in federal court asking a judge to begin Chapter 7 liquidation proceedings.

Columnists

Michelle Singletary

Michelle Singletary

Defaulted on student loans? A chance to make things right.

The new rehab formula is based on the one used for the federal Income-Based Repayment program.

Steven Pearlstein

Steven Pearlstein

Financial industry just not vested in wider savings plans

The concept of Automatic IRAs to help prepare Americans for retirement faces some challenges

Thomas Heath

Thomas Heath

Herndon ‘mompreneur’ types her way to happiness, success

Kathy Benson started small but grew her data-collection firm into a $20 million business.

Market News

US stocks rise as investors weigh earnings

US stocks rise as investors weigh earnings

Stocks mostly rose in early trading Thursday as several big companies across industries reported second-quarter earnings, including Facebook, Ford and equipment maker Caterpillar.

Wonkblog

The long-term unemployed might finally be getting jobs

Good news: long-term unemployment is falling fast, and it’s not because people are giving up.

Some Lay’s potato chip bags actually do come with fewer potato chips inside

Some Lay’s potato chip bags actually do come with fewer potato chips inside

This is going to ruffle a few feathers.

Wonkbook — The latest risk in the migrant crisis: politics

Wonkbook — The latest risk in the migrant crisis: politics

A look at how politics are driving (and maybe endangering) the response to the migrant crisis

More from Wonkblog

On Leadership

For women and minorities, advocating for diversity has a downside

For women and minorities, advocating for diversity has a downside

A new research study finds that women and minorities are penalized for being good at managing diverse groups or respecting gender or racial differences at work

An ousted CEO so popular employees are protesting for his return

An ousted CEO so popular employees are protesting for his return

An unusual alliance of managers and rank-and-file employees at a Northeast grocery chain has rebelled to prompt the return of a former executive.

Study: Top labs run by men tend to hire fewer women

Study: Top labs run by men tend to hire fewer women

The gender gap is alive and well at the bench in the science world, too

More from On Leadership

The Switch

ISPs are spending less on their networks as they make more money off them

ISPs are spending less on their networks as they make more money off them

Companies are spending around 14 percent of their revenues on upgrades.

StubHub wasn’t hacked. But its users were.

StubHub wasn’t hacked. But its users were.

The StubHub “hack” didn’t actually compromise the ticket reseller’s networks.

Switchboard: Twitter’s diversity report reveals ‘a lot of work’ ahead

Switchboard: Twitter’s diversity report reveals ‘a lot of work’ ahead

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

More from The Switch