Islamic State draws on oil assets for funds, fuel

The Taq Taq oil field in Arbil, Iraq. (Reuters)

Oil has given the Islamic State a revenue source most extremist groups lack, but the installations and tanker trucks could offer targets for the U.S.-led coalition that hopes to cripple the group.

Latest News

What 1.3 million tiny balls can do for your washing machine

What 1.3 million tiny balls can do for your washing machine

Xeros uses a fraction of the water of a traditional machine, all thanks to tiny nylon balls.

Flooding would threaten D.C. infrastructure, report says

Flooding would threaten D.C. infrastructure, report says

A nonprofit’s analysis says a storm surge could exact tremendous toll financially and environmentally.

Danaher takes bigger bite out of the dental business

Washington-based conglomerate seeks to expand in its dental businesses with Swiss acquisition.

Rep. Cummings seeks to subpoena USIS chief executive

Rep. Cummings seeks to subpoena USIS chief executive

The lawmaker wants answers from the background-check firm on fraud allegations and a cyberattack.

Report: Contractors won’t benefit from U.S. strategy on Islamic State, for now

Report: Contractors won’t benefit from U.S. strategy on Islamic State, for now

In the long term, geopolitical crises are likely to increase defense spending levels, report says.

GM compensation fund off to slow start

GM compensation fund off to slow start

Fund has approved 31 claims in first six weeks but administrator says the pace could pick up.

Columnists

Michelle Singletary

Michelle Singletary

Paying off today’s debts boosts your retirement tomorrow

Retirement planning includes setting yourself up to have the least amount of debt and expenses possible.

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

Stocks end slightly lower as investors wait on Fed

U.S. stocks are closing mostly lower as investors wait for the Federal Reserve’s two-day policy meeting that starts on Tuesday.

Wonkblog

The decline of the small American family farm in one chart

Today’s farms are fewer and bigger.

Wonkbook: The Fed is nearing a milestone

Wonkbook: The Fed is nearing a milestone

Previewing the Fed’s policy meeting this week

Study: Bad fracking techniques let methane flow into drinking water

Study: Bad fracking techniques let methane flow into drinking water

The research faults cement seals and bad casing for methane leaks.

More from Wonkblog

On Leadership

Minecraft creator’s blunt goodbye note

Minecraft creator’s blunt goodbye note

“I don’t want to be a symbol, responsible for something huge that I don’t understand“

Do our political leaders have to be tough?

Do our political leaders have to be tough?

We increasingly look for singular, strong leaders. But perhaps we shouldn’t.

More from On Leadership

Get There

Health care is often the biggest expense in retirement — and the hardest to predict

Health care is often the biggest expense in retirement — and the hardest to predict

Almost half of family caregivers spend more than $5,000 a year on caring for elderly family members, a new study shows.

How where you live influences how you shop online

How where you live influences how you shop online

Even in our highly connected digital era, author David R. Bell makes the case that the neighborhoods we live in have deep influence on how we shop.

The Switch

The Switchboard: The FBI’s new facial recognition system is now fully operational

The Switchboard: The FBI’s new facial recognition system is now fully operational

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

How Apple promises to safeguard your workout data

How Apple promises to safeguard your workout data

The company has moved quickly to address privacy concerns that consumers might have about its new health product.

More from The Switch