Nike becomes suspected player in investigation over $150 million in FIFA bribes

“The World Cup of fraud” hinged on five businessmen, who investigators say pocketed kickbacks in exchange for media and marketing deals.

    Latest News

    Inside American Apparel’s attempt to fix its clothes and its image

    Inside American Apparel’s attempt to fix its clothes and its image

    The brand is in tough shape, and its new chief executive, Paula Schneider, has no illusions about it.

    Main Street Morning: Florida agency says Uber drivers count as employees

    Main Street Morning: Florida agency says Uber drivers count as employees

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

    Pending US home sales jump to strongest level in 9 years

    Pending US home sales jump to strongest level in 9 years

    Americans signed contracts to buy homes in April at the fastest pace in nearly nine years, evidence that steady job growth is strengthening the real estate market.

    Fixed mortgage rates soar to their highest levels of the year

    Fixed mortgage rates soar to their highest levels of the year

    The 30-year fixed-rate average climbed to 3.87 percent and has risen 22 basis points in the past five weeks.

    Can anybody keep your personal data safe?

    Can anybody keep your personal data safe?

    The IRS breach is just the latest assault on our online privacy and security.

    Amazon adds new bait to get you to join Prime

    Amazon adds new bait to get you to join Prime

    Amazon announced Thursday that members of its Prime program in select cities will now have access to free same-day delivery on certain items, a move that broadens Amazon’s subscription offering at a time when new players are poised to provide fresh competition.

    Columnists

    Michelle Singletary

    Michelle Singletary

    529 plans can help you save for college, so let’s get started with the basics

    COLUMN | A survey shows that more people need to learn about the college savings accounts.

    Barry Ritholtz

    Barry Ritholtz

    Are you not feeling the economic recovery? This could be why.

    The recovery is not evenly distributed, and a few factors have a major influence on whether you feel it.

    Allan Sloan

    Allan Sloan

    Holding shares or units — those little words can mean big differences

    If you invest in master limited partnerships, you can get stuck with a big tax bill.

    Thomas Heath

    Thomas Heath

    Moving customers, including military top brass, for up to $100M a year

    Interstate views moving furniture as a skill to be mastered: “Use the legs, not the back.”

    Market News

    US stocks end modestly lower

    US stocks end modestly lower

    U.S. stocks are ending modestly lower following a sell-off in the Chinese market and concerns about an approaching deadline for Greece to make a debt payment.

    Wonkblog

    Hollywood just had its worst Memorial Day weekend in 17 years

    Hollywood just had its worst Memorial Day weekend in 17 years

    Hollywood just partied like it’s 1998 -- and not in a good way.

    Why this Fed official believes the central bank should rethink everything

    Why this Fed official believes the central bank should rethink everything

    A top Fed official has a big proposal for how the central bank should change what it does

    Scott Walker, discussing abortion, says ultrasounds are “just a cool thing out there”

    The potential Republican presidential candidate drew criticism for dismissing concerns about mandatory ultrasounds

    More from Wonkblog

    On Leadership

    CEO says he will pay college tuition for all of his employees’ children

    CEO says he will pay college tuition for all of his employees’ children

    Boxed CEO Chieh Huang said he would set aside a double-digit percentage of his personal stake in the company to pay for it.

    After FIFA arrests, corporate sponsors face big dilemma

    After FIFA arrests, corporate sponsors face big dilemma

    The World Cup’s massive reach makes it exceedingly hard for brands to walk away, even as their own corporate reputations take a hit.

    More from On Leadership

    Get There

    Congress is asking questions about IRS hack

    Congress is asking questions about IRS hack

    A hearing on Tuesday will give lawmakers a chance to question IRS officials about how criminals were able to access records for more than 100,000 taxpayers.

    Criminals want your tax returns. Here’s what you can do about it.

    Criminals want your tax returns. Here’s what you can do about it.

    The latest grab for tax data shows identity thieves are gathering more information that can help them slip by IRS filters -- and making consumers even more vulnerable.

    The Switch

    YouTube will support virtual reality video this summer

    YouTube will support virtual reality video this summer

    Google and GoPro want you to join the virtual reality revolution.

    Google lays out its ambitions for your phone, your home, your car and your wallet

    Google lays out its ambitions for your phone, your home, your car and your wallet

    At its developers conference, Google shows off a new version of Android and a rival to Apple Pay

    More from The Switch