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

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.

Marriott to urge guests to tip housekeepers

Marriott to urge guests to tip housekeepers

The hospitality company has teamed up with a Maria Shriver-led foundation and will begin providing envelopes in guest rooms to encourage vistitors to tip the largely unseen — and mostly female — workers.

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

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.

Should we ban states from offering big tax breaks for jobs?

Should we ban states from offering big tax breaks for jobs?

If we wanted to end the “economic development wars” once and for all, the only way to do it would be through national law. But is that a good idea?

Name That Data answers, week 8

Name That Data answers, week 8

Earthquakes, yes; but what magnitude?

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

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.

Why a thinly sourced, unverified report about Comcast has the Web in an uproar

Why a thinly sourced, unverified report about Comcast has the Web in an uproar

Comcast is being accused of targeting subscribers who are using the Tor anonymization service. But take the reports with a huge grain of salt.

More from The Switch