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09/02/2010 02:03 PMPolitical Economy: U.S. regulators fell short before financial crisis, Bernanke says U.S. regulators fell short in using their powers "forcefully or effectively" to stop risky practices by banks and were "slow to identify and address abuses" in subprime mortgage lending before the financial crisis, Federal Reserve Chairman Ben S. Bernanke said in prepared remarks.
Financial crisis - Economic - Business - Social Sciences - Ben Bernanke
09/02/2010 04:07 AMU.S. government charges Pakistani Taliban leader Hakimullah Mehsud in CIA attack The U.S. government designated the Pakistani Taliban a terrorist group Wednesday and charged its leader, Hakimullah Mehsud, with involvement in a December suicide bombing that killed seven Americans at a remote CIA operating base in Afghanistan.
09/02/2010 03:10 AMFormer Lehman Brothers CEO Fuld: U.S. regulators acted on 'flawed information' U.S. regulators acting on "flawed information" denied Lehman Brothers the bailout assistance that its Wall Street competitors received, dooming the investment bank to collapse, former company chief executive Richard S. Fuld said Wednesday.
09/02/2010 01:02 AMSAIC reports 54 percent growth in second-quarter profit Government contractor Science Applications International Corp. says its second-quarter profit grew nearly 54 percent as it refocused its business on key growth areas, such as cybersecurity, energy and health.
09/02/2010 12:22 AMPennsylvania capital, Harrisburg, skips payment, may move closer to bankruptcy The city of Harrisburg has said that it will not make a $3.3 million municipal bond payment due in two weeks, a decision that could move the Pennsylvania capital closer to bankruptcy.
09/02/2010 01:43 AMManufacturing rebound spurs biggest stock rally in months After their worst August in nine years, stocks kicked off September with a big snap-back rally, following the release Wednesday of surprisingly good news about the U.S. manufacturing sector.
09/02/2010 01:43 AMFeatured Advertiser 
09/01/2010 09:50 PMApple revamps iPods for fall product line Apple Inc. introduced a new line of iPods today, touting new colors, improved camera functionality and better battery life. Here is a play-by-play of Steve Job's demonstration of the music players to the public. Read more about Apple's fall product line on Faster Forward.
09/01/2010 09:33 PMApple revamps iPods in fall product line Apple Inc. introduced a new line of iPods today, touting new colors, improved camera functionality and better battery life. Here is a play-by-play of Steve Job's demonstration of the music players to the public. Read more about Apple's fall product line on Faster Forward.
09/01/2010 09:25 PMApple Ping: Social network for music Apple Inc. introduced Ping today, a new social music network, included with iTunes 10. Here is a play-by-play of Steve Job's introduction of Ping to the public. Read more about Apple's fall product line on Faster Forward.
09/01/2010 09:11 PMApple TV: New box for streaming movies, TV unveiled at September event Apple Inc. announced today a smaller, cheaper version of its Apple TV device for streaming movies and television shows over the Internet. Here is a play-by-play of Steve Job's introduction of Apple TV to the public. Read more about Apple's fall product line on Faster Forward.
09/01/2010 08:48 PMApple unveils new box for streaming movies, TV Apple Inc. announced today a smaller, cheaper version of its Apple TV device for streaming movies and television shows over the Internet. Here is a play by play of Steve Job's introduction of Apple TV to the public. Read more about Apple's fall product line on Faster Forward.
09/02/2010 02:37 AMChief economist calls on Congress to 'finish the job of economic recovery' Departing White House chief economist Christina Romer urged Congress on Wednesday to "finish the job of economic recovery" by pumping more cash into the economy through additional tax cuts for businesses and middle-class families, as well as fresh investments in the nation's infrastructure.
09/01/2010 07:06 PMMetro Washington unemployment holds steady despite job gains Unemployment in the Washington region remained steady at 6.3 percent from June to July, according to federal government data released Wednesday, despite significant job growth during the past year.
09/02/2010 05:32 AMAutomakers report weak sales; recession-wary customers steering clear of showrooms Chastened by the recession, more U.S. consumers have become cheapskates: They are saving more and driving older cars. And that, in part, explains the historically dismal sales reports released Wednesday by automakers.
09/01/2010 02:29 PMPolitical Economy: Exiting Romer to call for more spending In her final speech as White House chief economist, Christina Romer on Wednesday will call on Congress to summon the political will to approve additional spending on the economy.
09/01/2010 05:18 AMSEC won't pursue fraud case against Moody's Moody's, one of three major credit rating firms that misjudged many of the securities at the center of the financial crisis, escaped legal action when regulators said they would not sue the company for fraud despite finding evidence that the firm misled investors.
09/01/2010 03:33 AMStocks edge up, but Fed report leaves investors wary NEW YORK - The stock market ended its worst August since 2001 with meager gains Tuesday after minutes from the latest Federal Reserve meeting showed officials' increasing concern about the economy.
09/01/2010 03:33 AMFeatured Advertiser 
09/01/2010 04:13 AMCommerce takes a passon China currency The agency's decision sidesteps a major sore point in trade relations between the two countries.
09/01/2010 01:03 AMHomes prices up 4.2% in U.S., 7.3% in Washington area Prices for single-family homes in major U.S. cities rose a modest 4.2 percent in June from a year earlier, but economists cautioned that the bounce was likely due to a now-expired home-buyer tax credit and that prices would likely fall, perhaps dramatically, in the coming months.
09/01/2010 12:54 AMFor banks, good news on earnings but not risk of failure Lenders posted their biggest quarterly profit in almost three years, even as the number of banks at risk of failure rose to 11 percent of insured institutions, the Federal Deposit Insurance Corp. said Tuesday.
09/01/2010 12:41 AMFed leaders had varied views on August policy action Federal Reserve officials were divided at their Aug. 10 meeting over whether they should resume purchases of Treasury bonds and what impact the move could have on the nation's economy, according to minutes released Tuesday.
09/01/2010 01:01 AMFederal spending rises a record 16% in 2009, Census Bureau says Federal domestic spending increased a record 16 percent to $3.2 trillion in 2009, the Census Bureau reported Tuesday, largely because of a boost in aid to the unemployed and the huge economic stimulus package enacted to rescue the sinking economy.
08/31/2010 02:53 PMPolitical Economy: Home prices increase in 20 major cities, with Washington among the leaders U.S. single-family home prices in 20 major cities saw a modest increase of 4.2 percent in the second quarter from a year earlier, but economists cautioned that the bounce was likely due to the final days of the tax credit and that prices would likely fall, perhaps dramatically, in the coming months.
08/31/2010 02:48 AMCar sales and consumer spending up, but experts not convinced of trend At first blush, a government report released Monday appeared to offer hope to the nation's struggling auto industry: New-car sales in July fueled an uptick in consumer spending, which had been wheezing for three straight months.
08/31/2010 02:47 AMObama promises new efforts to boost economy Under pressure to revive the faltering recovery, President Obama said Monday that he and his economic team are discussing "additional measures" to bolster growth and spur hiring, including "further tax cuts" to encourage businesses to create jobs.
08/31/2010 12:19 AMObama to loosen rules on technology exports
08/31/2010 01:14 AMIMF loosens lending rules to combat crisis The International Monetary Fund on Monday further loosened its lending rules in an effort to prevent future financial crises from spreading around the world.
08/29/2010 10:42 PM5 years after Katrina, D.C. area hotel firms see gulf business pick up In the five years since Hurricane Katrina devastated the Gulf Coast, the tourism industry there has struggled to come back. But several Washington area hotel companies are beginning to see a return to profit at their lodgings in the region, after contending with property damage, revenue decline a...
08/29/2010 11:23 PMKnowland Group became one of the fastest-growing companies by taking photos of signs One of the best things about writing Value Added is that I discover niche businesses that astonish me.
08/30/2010 03:45 AMCompanies Navigant Consulting of the District named Jim Speyer and Julie Solomon managing directors.
08/30/2010 12:32 AMNeil's Must Reads Check out the papers presented at the Federal Reserve Bank of Kansas City's annual economic symposium in Jackson Hole, Wyo. The papers include one by Carmen and Vincent Reinhart on the prospects for post-crisis growth.
08/30/2010 12:32 AMFeatured Advertiser 
08/29/2010 10:41 PMJoseph Lynch returns to his military roots Position: General counsel and corporate secretary of the Military Officers Association of America (MOAA), an Alexandria-based nonprofit membership organization for current and retired active-duty, National Guard and reserve military officers and their families and survivors.
08/29/2010 10:40 PMFace Time: D.C. area tech events MONDAY Basic Interview Tips. Learn about how to prepare for an interview. 10:30 a.m. to 12:30 p.m., 401 Hungerford Dr., first floor, Rockville. Sponsor: Montgomery County Commission for Women Counseling and Career Center. Cost: $20. Contact: 240-777-8300. Web site: www.montgomerycountymd.gov/c...
08/29/2010 05:00 AMVirginia ponders losing ABC stores; studies conflict on privatizing liquor sales RICHMOND -- As Gov. Robert F. McDonnell pushes a proposal to privatize state-owned liquor stores, he has reassured the public that problems associated with drinking would be unlikely to worsen if the state government relinquished control over distilled spirits.
08/29/2010 05:00 AMNew employee's vacation request will only be a bigger bombshell if she waits I recently accepted a position at a company and have been working here for two weeks. I was unemployed a long time and really love this job. However, I am having an issue over the allotted vacation time. The company only grants two weeks vacation each year, and I long ago purchased a three-week...
08/29/2010 05:00 AMUSAJobs a good Web source for job hunters, but not all openings are listed Derrick T. Dortch, president of the Diversa Group, is a career counselor who specializes in government job searches and military transition. This is adapted from a recent chat at washingtonpost.com.
08/29/2010 05:00 AMWarren Brown reviews the 2011 BMW 335d CORNWALL, N.Y. It was motorized epiphany, the sudden realization that the seemingly impossible is possible. We can have power, fun in driving and fuel efficiency. All we need is money -- in a rounded sum, at least $44,000. But it's worth it, the 2011 BMW 335d sedan.
08/29/2010 05:00 AMThe Color of Money: It's unfair to call Social Security a Ponzi scheme Perhaps nothing gets some people madder than if you trash their mama or dare to talk about Social Security.
08/29/2010 05:00 AMBack-to-school shopping goes mobile Back-to-school shopping deals are just a text message away this year as retailers wade into the brave new world of mobile commerce.
08/29/2010 05:00 AMNew rules for your money In this era of high unemployment, flat home prices and do-it-yourself retirement savings, some traditional rules of saving and investing are due for an overhaul.
08/29/2010 05:00 AMSocial Security payback option may disappear A little-known strategy that allows Social Security recipients to boost their income by repaying benefits received in earlier years and then claiming a bigger monthly check based on their greater age may soon disappear. The Social Security Administration (SSA) is moving to eliminate the do-over...
08/29/2010 05:00 AMFeatured Advertiser 
08/28/2010 04:49 AMHP outbids Dell for 3Par with $1.88 billion offer SEATTLE - Hewlett-Packard boosted its bid for 3Par to $1.88 billion Friday, topping Dell's offer by 11 percent and again raising the stakes in the bidding contest for the data-storage company.
08/28/2010 04:15 AMMicrosoft co-founder Allen sues Apple, Google, other tech giants over patents Microsoft co-founder Paul Allen lobbed a patent violation lawsuit at some of Silicon Valley's most prominent companies on Friday, accusing them of using ideas hatched at one of his former businesses.
08/28/2010 04:03 AMU.S. stocks rebound on better GDP report, Fed comments U.S. stocks jumped Friday, recovering some of the week's losses, as investors were encouraged by better-than-expected news about economic growth and a renewed commitment from the Federal Reserve to intervene should the economy take a turn for the worse.
08/28/2010 03:01 AMBernanke: Fed to take dramatic steps if economy deteriorates more than expected JACKSON, WYO. - With the economy faltering, Federal Reserve Chairman Ben S. Bernanke said Friday he was prepared to take dramatic steps to boost the recovery but only if conditions get worse than he now expects.
08/28/2010 02:45 AMJustice Department clears United, Continental merger for takeoff The Justice Department greenlighted the planned merger of United Airlines and Continental Airlines on Friday, paving the way for the creation of the world's biggest airline.
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