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

Economy bounces back from dismal winter

GDP grew at rate of 4 percent in the spring, providing fresh evidence that the recovery is finally turning a corner.

Bank of America ordered to pay $1.27 billion

The Justice Department victory is seen as an about-face from resolving crisis-era cases through settlements.

Obama on GOP lawsuit: ‘Stop just hatin’ all the time’

In Kansas City, president calls on Congress to instead focus on economy, corporate tax loophole.

Fed more confident in job market but nods to pickup in inflation

Fed more confident in job market but nods to pickup in inflation

The deliberately bland language masks the vigorous debate both inside and outside the Fed over how much progress the economy has made -- and whether the central bank can make still make a difference.

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.

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

Charted: Professions with the most -- and least -- vacation time

Charted: Professions with the most -- and least -- vacation time

BLS data shows which occupations are most likely to give paid vacation time to their employees.

What the rapidly urbanizing Southeast could look like come 2060

A cautionary simulation of sprawl and habitat loss.

Where do the latest U.S. sanctions leave Russian oil?

Where do the latest U.S. sanctions leave Russian oil?

On Tuesday, the Obama administration moved to choke off the flow of U.S. technology for Arctic and shale oil exploration in Russia, the country’s next hydrocarbon frontiers.

More from Wonkblog

On Leadership

A Hippocratic oath for bankers?

A Hippocratic oath for bankers?

A British think tank has proposed that bankers take a pledge to uphold ethical standards.

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.

More from On Leadership

The Switch

Verizon’s slowing down data for some of its heaviest users. And the FCC is calling them out on it.

Verizon’s slowing down data for some of its heaviest users. And the FCC is calling them out on it.

The letter also offers a broader signal about the FCC’s thinking on net neutrality.

Think the Supreme Court protected your cellphone from warrantless searches? Think again.

Even after the Court’s ruling on mobile privacy this year, travelers are still subject to warrantless searches at the border and airports.

Bitcoin is barely regulated. These congressmen want to keep it that way.

Bitcoin is barely regulated. These congressmen want to keep it that way.

Bitcoin industry representatives descended on Capitol Hill to trumpet the cryptocurrency to any staffers who would listen.

More from The Switch