Losing a job is always terrible. For workers over 50, it’s worse.

(Lucy Nicholson / Reuters)

New data from AARP shows that older workers stay unemployed longer, and their new jobs pay less.

    Latest News

    Wiley Rein cuts a combined 48 attorneys and staff

    The reductions represent about 9 percent of the firm’s overall workforce.

    US home prices rise modestly

    US home prices rise modestly

    U.S. home prices rose at a steady pace in January, pushing prices up at a faster pace than wages and causing affordability problems in the housing market.

    Main Street Morning: One Direction departure hits employers

    Main Street Morning: One Direction departure hits employers

    Our rundown of news affecting start-ups and small businesses.

    With real estate deals, D.C. Mayor pushes to “keep prosperity moving”

    With real estate deals, D.C. Mayor pushes to “keep prosperity moving”

    Muriel Bowser proposes redevelopment of six properties, plus programs for small businesses.

    China’s stock market sure looks like a bubble

    China’s stock market sure looks like a bubble

    China’s economy is slowing down, but its stocks are up more than anything else in the world the last nine months. What gives?

    US consumer spending edges up

    US consumer spending edges up

    U.S. consumers spent just slightly more in February even though their income rose by a healthy amount.

    Columnists

    Michelle Singletary

    Michelle Singletary

    The vicious cycle of payday loans

    These short-term loans rarely are — so they’re great business for lenders, but not for consumers.

    Barry Ritholtz

    Barry Ritholtz

    Ritholtz: Admitting my 2014 mistakes

    If a columnist writes about other people’s financial errors, he has to admit his own. Mea culpa.

    Allan Sloan

    Allan Sloan

    The Dow we know and love, but don’t really use

    Despite is high profile, the famous stock average isn’t useful as an investment tool.

    Thomas Heath

    Thomas Heath

    Family-owned Capital Meat carves a beefy niche with customized cuts

    After 75 years in the meat business, the Alafoginis family’s legacy is as full-bodied as its dry-aged beef.

    Market News

    US stocks move lower a day after big jump

    US stocks move lower a day after big jump

    U.S. stocks moved lower in afternoon trading Tuesday, as traders seized on the final day of the quarter to do some profit-taking. Industrial and health care stocks were among the biggest decliners. Oil prices extended their slide. Investors weighed positive economic data on housing and consumers with concerns over the possibility of a deeper slide in oil prices.

    Wonkblog

    How to dramatically improve public transit without building more of it

    How to dramatically improve public transit without building more of it

    Transit providers that serve the same region should be seamless.

    Watch shipping lanes carry carbon dioxide around the globe

    A map shows where carbon emissions are the greatest

    A map tracks the northward migration of hummingbirds

    A map tracks the northward migration of hummingbirds

    Spring is here, and so are hummingbirds.

    More from Wonkblog

    On Leadership

    Zappos to employees: Get behind our ‘no bosses’ approach, or leave with severance

    Zappos to employees: Get behind our ‘no bosses’ approach, or leave with severance

    In a recent memo, CEO Tony Hsieh addressed those who aren’t behind the company’s new management philosophy.

    Testing, testing. Who’s happy at work?

    Testing, testing. Who’s happy at work?

    At Google, Laszlo Bock’s team has examined questions like: What’s the ideal number of interviewers needed to assess a job candidate?

    More from On Leadership

    Get There

    Good news: Millennials are savers after all

    Good news: Millennials are savers after all

    Even if they don’t save very much.

    A revolt is growing as more people refuse to pay back student loans

    A revolt is growing as more people refuse to pay back student loans

    The Consumer Financial Protection Bureau will meet with a group of Corinthian Colleges students who refuse to repay their federal loans.

    The Switch

    Microsoft’s Surface 3 goes on sale in May and runs full Windows

    Microsoft’s Surface 3 goes on sale in May and runs full Windows

    The announcement is also notable because of what it doesn’t mention -- anything about Windows RT.

    Amazon Dash: A way to order products with the touch of a button

    Amazon Dash: A way to order products with the touch of a button

    WiFi-connected Amazon Dash Button allows shoppers to refill orders of household staples with the press of a button.

    More from The Switch