GM profit falls 85 percent

(Daniel Acker / Bloomberg)

The automaker says that its second-quarter profit fell 85 percent as recall costs chopped $1.5 billion from the bottom line.

Latest News

How Congress can help women business owners

How Congress can help women business owners

New report reveals an alarming gender gap among small business owners. Here’s how to close it.

Gray aide weighs changes to Reeves Center swap for stadium land

Gray aide weighs changes to Reeves Center swap for stadium land

Gray aide weighs rules for Reeves Center redevelopment in stadium deal, but changes could raise the cost to the District.

Mortgage rates hover near lowest levels for the year

Mortgage rates hover near lowest levels for the year

Rates hold steady while staying below where they were a year ago.

Baby or bust: When can you afford to have a child?

Baby or bust: When can you afford to have a child?

The economy has some folks putting plans for a family on hold. Also: timeshares and movie nights.

U.S. unemployment aid applications drop

U.S. unemployment aid applications drop

The number of people seeking U.S. unemployment benefits fell last week to its lowest level in eight years.

How not to shut down coal plants

How not to shut down coal plants

Colorado is racing ahead with clean energy. But the transition is sending some citizens’ bills skyrocketing.

Columnists

Michelle Singletary

Michelle Singletary

Defaulted on student loans? A chance to make things right.

The new rehab formula is based on the one used for the federal Income-Based Repayment program.

Steven Pearlstein

Steven Pearlstein

Financial industry just not vested in wider savings plans

The concept of Automatic IRAs to help prepare Americans for retirement faces some challenges

Thomas Heath

Thomas Heath

Herndon ‘mompreneur’ types her way to happiness, success

Kathy Benson started small but grew her data-collection firm into a $20 million business.

Market News

US stocks pause as investors weigh earnings

US stocks pause as investors weigh earnings

U.S. stocks were barely higher in morning trading Thursday as investors digested second-quarter results from big companies across several industries, including Facebook, Ford and Caterpillar.

Wonkblog

These two charts explain why it’s unusually tough right now to find a newly built home

These two charts explain why it’s unusually tough right now to find a newly built home

Potential buyers are seeing a relatively greater supply of existing homes to new homes for sale than they would have before the market tanked.

The long-term unemployed might finally be getting jobs

Good news: long-term unemployment is falling fast, and it’s not because people are giving up.

On Leadership

American Apparel names a new board without Dov Charney

American Apparel names a new board without Dov Charney

Four new directors--including its first female director--will be added to the board of a company that has been engulfed in a highly public leadership battle.

For women and minorities, advocating for diversity has a downside

For women and minorities, advocating for diversity has a downside

A new research study finds that women and minorities are penalized for being good at managing diverse groups or respecting gender or racial differences at work

An ousted CEO so popular employees are protesting for his return

An ousted CEO so popular employees are protesting for his return

An unusual alliance of managers and rank-and-file employees at a Northeast grocery chain has rebelled to prompt the return of a former executive.

More from On Leadership

The Switch

Wikipedia blocks anonymous edits (and trolling) from a congressional IP address

Wikipedia blocks anonymous edits (and trolling) from a congressional IP address

For now, at least, the Internet joy ride is over.

ISPs are spending less on their networks as they make more money off them

ISPs are spending less on their networks as they make more money off them

Companies are spending around 14 percent of their revenues on upgrades.

StubHub wasn’t hacked. But its users were.

StubHub wasn’t hacked. But its users were.

The StubHub “hack” didn’t actually compromise the ticket reseller’s networks.

More from The Switch