Federal Reserve keeps record-low rate

The central bank cuts bond-buying by $10 billion, will keep a key interest rate low “for a considerable time.“

    Latest News

    Legal industry start-up Lateral.ly hopes to replace headhunters

    Legal industry start-up Lateral.ly hopes to replace headhunters

    Similar to online dating for the legal business, start-up Lateral.ly aims to replace headhunters with its online job-searching platform

    DOJ preparing criminal charges against Wall Street executives

    DOJ preparing criminal charges against Wall Street executives

    The Justice Department has launched criminal investigations of individuals at Wall Street firms for financial fraud, with the hopes of filing formal charges in the coming months.

    More U.S. companies are closing down than starting up

    More U.S. companies are closing down than starting up

    During a hearing, experts urged lawmakers to adopt policies that are more friendly to new and young firms.

    Law firm Venable to move headquarters in 2017

    Law firm Venable to move headquarters in 2017

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    US consumer prices fall 0.2 percent in August

    US consumer prices fall 0.2 percent in August

    U.S. consumer prices edged down in August, the first monthly drop since the spring of 2013.

    Federal auto regulators face withering barrage on the Hill

    Federal auto regulators face withering barrage on the Hill

    The NHTSA chief was grilled in the Senate after a House report faulted the agency for slow action.

    Columnists

    Michelle Singletary

    Michelle Singletary

    A secured credit card can help to establish or mend credit

    This method is good for those who have never built credit or are rebuilding credit after adverse events.

    Steven Pearlstein

    Steven Pearlstein

    An odd approach to attacking crony capitalism

    It’s disappointing that both parties are content to focus this debate on the obscure Export-Import Bank.

    Thomas Heath

    Thomas Heath

    Sleep deprived at 29, she wakes up to million-dollar spa biz

    With an assist from hippie-friendly Takoma Park, an acupuncturist finds economic health in the spa industry.

    Market News

    Dow ends at record after Fed maintains low rates

    The Dow Jones industrial average is closing at a record high after the Federal Reserve maintained its stance on record-low interest rates.

    Wonkblog

    A look at who did (and didn’t) get mortgages in the boom, bust and after

    A look at who did (and didn’t) get mortgages in the boom, bust and after

    Hispanics and African Americans entered the housing market when it was priciest, and got shut out when home prices dropped, Urban Institute analysis says.

    Federal Reserve keeps record-low rate

    Federal Reserve keeps record-low rate

    The central bank cuts bond-buying by $10 billion, will keep a key interest rate low “for a considerable time.“

    This chart bodes very badly for the taxi industry in its battle against Uber

    In San Francisco, cab rides are down 65 percent over the last year and a half.

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    On Leadership

    Treating citizens like customers

    Treating citizens like customers

    Federal government ranks lower than cable companies when it comes to customer satisfaction.

    When really bad ideas go to market

    Urban Outfitters is hardly the only company to leave customers asking, “How could that get through quality control?“

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    Get There

    How the pay gap leads to the retirement savings gap

    How the pay gap leads to the retirement savings gap

    Lower pay over time amounts to less in savings -- and smaller Social Security payments down the road.

    A guide to breaking up with your bank

    A guide to breaking up with your bank

    People who aren’t careful when they make the change can face steep fees for missed payments, money transfers and overdrafts.

    The Switch

    Reviewers weigh in: iPhone 6 or iPhone 6 Plus?

    Reviewers weigh in: iPhone 6 or iPhone 6 Plus?

    The reviews are in, and they’re universally glowing.

    Are kids reviewing restaurants on Yelp--or are adults lying about their age?

    Are kids reviewing restaurants on Yelp--or are adults lying about their age?

    The company says the episode highlights how in many instances, people lie about their age online.

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