Wash Post Business The Washington Post Business and Economy section provides coverage and analysis of economic policy,business policy and financial news as it relates to Washington,D.C.,the federal government and individual agencies. Washington Post Business also offers vid
Fannie Mae to tighten lending rules Wed, 25 Nov 2009 16:53:02 EST Fannie Mae, the giant mortgage finance company that helps shape lending guidelines, plans next month to raise minimum credit score requirements and limit the amount of overall debt borrowers can carry relative to their incomes.
Item Category: Fannie
Data show rise in consumer spending, drop in jobless claims Wed, 25 Nov 2009 15:43:58 EST A new round of economic data released Wednesday offers evidence that the economic expansion has continued through the latter part of the year but raises questions about the strength of the industrial sector in the months ahead.
Item Category: Data
White House official's net neutrality comments irk AT&T Wed, 25 Nov 2009 00:00:00 EST AT&T doesn't like the idea of new regulations mandating unfettered access to the Internet, and recent comments from the Obama administration that connected the issue to censorship in China have really gotten under its skin.
Item Category: White
Home sales rebound to early-2007 level Tue, 24 Nov 2009 00:00:00 EST Economists and policymakers got what they were looking for Monday: a clear uptick in the housing market. The catch is, few believe it's sustainable.
Item Category: Home
Sharp drop in lending largest since 1984 Wed, 25 Nov 2009 00:00:00 EST Lending by U.S. banks plunged by 2.8 percent in the third quarter, the largest drop since at least 1984 and the fifth consecutive quarter in which banks have reduced lending, the Federal Deposit Insurance Corp. reported Tuesday.
Item Category: Sharp
Blacks hit hard by economy's punch Tue, 24 Nov 2009 00:00:00 EST These days, 24-year-old Delonta Spriggs spends much of his time cooped up in his mother's one-bedroom apartment in Southwest Washington, the TV blaring soap operas hour after hour, trying to stay out of the streets and out of trouble, held captive by the economy. As a young black man, Spriggs bel...
Item Category: Blacks
Freddie Mac fears big hit from failed lender Tue, 24 Nov 2009 00:00:00 EST Freddie Mac, the government-backed mortgage finance giant, said Monday it's trying to minimize losses on more than $1 billion in assets at risk because of the summer collapse of mortgage lender Taylor, Bean & Whitaker and a regional bank with which it did business.
Item Category: Freddie
Wizards owner helped transform D.C. Wed, 25 Nov 2009 00:00:00 EST He arrived in Washington more than 75 years ago, the gangly son of a Russian metal worker named Morris Pollinovsky who came to America a poor man speaking no English. Through decades of hard work and a seemingly unstoppable will, Abe Pollin rose to the top of the worlds of business, philanthropy and...
Item Category: Wizards
Wizards owner helped transform D.C. Wed, 25 Nov 2009 00:00:00 EST He arrived in Washington more than 75 years ago, the gangly son of a Russian metal worker named Morris Pollinovsky who came to America a poor man speaking no English. Through decades of hard work and a seemingly unstoppable will, Abe Pollin rose to the top of the worlds of business, philanthropy and...
Item Category: Wizards
Lead, dangerous chemicals found in toys despite law Wed, 25 Nov 2009 00:00:00 EST Despite a new law that bans six chemicals from children's products and lowers the lead limit for them, a public interest group has found a number of toys at major retailers that contain the chemicals and illegal amounts of lead.
