Housing market cools as cash buyers retreat

The housing market took another stumble. (Reuters)

WONKBLOG | All-cash transactions made up 23 percent of transactions in August, the lowest overall share since December 2009, contributing to a 1.8 percent drop in the sales of previously-built homes.

Latest News

Wells Fargo Advisors admits to control problems

Wells Fargo Advisors admits to control problems

The SEC fined the firm’s investment arm for failing to maintain adequate controls to prevent insider trading.

Virginia drops JPMorgan from mortgage fraud lawsuit

Virginia is suing country’s largest banks for misleading a state retirement fund.

Treasury officials unveil new rules to tackle inversions

Treasury officials unveil new rules to tackle inversions

Regulations aimed at discouraging corporations from moving their headquarters abroad to avoid taxes.

D.C. services firm Cassidy Turley to be acquired, merged with DTZ

D.C. services firm Cassidy Turley to be acquired, merged with DTZ

Deal for local company adds to recent consolidation among brokerage firms.

Quick take: Where’s the silver lining in Northern Virginia?

Quick take: Where’s the silver lining in Northern Virginia?

Vacancy is up across Northern Virginia, but experts say one of the silver linings may be the Silver Line.

Want innovation? Come to flyover country.

Want innovation? Come to flyover country.

Silicon Valley doesn’t have a monopoly on creating America’s future.

Columnists

Michelle Singletary

Michelle Singletary

Reverse mortgages no fast ticket to retirement easy street

The loans can help retirees strapped for cash, but borrowers need to be careful.

Barry Ritholtz

Barry Ritholtz

After 30,000 posts, blogger has figured a few things out

It turns out, writing about a subject is a good way to figure out where you stand on the issue.

Thomas Heath

Thomas Heath

Boy wonder replaces the grease of politics with technology

Mark Cuban is among the prominent investors in FiscalNote, whose algorithms predict legislation’s fate.

Market News

US stocks fall as China weighs on markets

US stocks fall as China weighs on markets

Worries about growth in China and a slide in the price of oil pushed the stock market to its biggest loss in almost seven weeks.

Wonkblog

Even the ECB thinks Germany needs to start spending more

Even the ECB thinks Germany needs to start spending more

After years as Europe’s budget enforcer, the ECB is speaking out against austerity

What happens to families on housing assistance when the assistance goes away?

What happens to families on housing assistance when the assistance goes away?

New research suggests that even families who earn too much to qualify are often left worse off.

Republicans show growing enthusiasm for tearing down the wall between church and state

Republicans show growing enthusiasm for tearing down the wall between church and state

White evangelicals seem to be driving the shift.

More from Wonkblog

On Leadership

Celebrating what government gets right

Celebrating what government gets right

This year’s Service to America winners are examples of federal leadership that works.

The 2014 Service to America winners

The 2014 Service to America winners

The winners of eight awards for federal leadership have been announced.

More from On Leadership

Get There

Social Security is a mess. You fix it.

Social Security is a mess. You fix it.

INTERACTIVE | Explore the most common solutions for fixing Social Security - and make your picks.

Gen Xers make more money than their parents did. So why don’t they have more wealth?

Gen Xers make more money than their parents did. So why don’t they have more wealth?

A study finds that Gen Xers lag behind their parents economically.

The Switch

Google: We’re parting with the climate change skeptics at ALEC

Google: We’re parting with the climate change skeptics at ALEC

Google used to support the Koch-backed group on “unrelated” issues. Now the search giant is singing a different tune.

We know the password system is broken. So what’s next?

We know the password system is broken. So what’s next?

Companies are dabbling in biometrics, but it’s far from easy to perfect.

More from The Switch