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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 video,discussions and blogs about major economic issues.




Another national holiday shopping extravaganza officially kicked off with Black Friday. But what if searching for and giving to a good local charity also became part of this annual ritual?

A funny thing happened on the way to the convergence of the computing and electronics industries.

LAS VEGAS - The gambling economy here has crapped out, but at the swelling community college, workers are in the grip of new aspirations.

Two years after the harrowing days of the financial crisis, Michael N. Pedroni still draws wary looks when he heads upstairs to the third floor of the Treasury Department, which houses the offices of Secretary Timothy F. Geithner and other top brass.


MAXTON, N.C. - Not far from where Federal Reserve Chairman Ben S. Bernanke grew up, a revolution inside a Campbell Soup Co. plant explains why corporations are piling up profits - with little need to hire more people.

The government should create incentives for employers to retain disabled workers on their payrolls as a way of slowing unsustainable increases in the number of people receiving Social Security disability benefits, according to a new report.

General Motors inched further forward in its effort to repay taxpayers, announcing Friday that the banks backing its historic initial public offering had exercised their right to buy an additional block of shares in the restructured automaker.

LONDON -- The debt crisis in Europe escalated sharply Friday as investors dumped Spanish and Portuguese bonds in panicked selling, substantially heightening the prospect that one or both countries may need to join troubled Ireland and Greece in soliciting international bailouts.


The traditional holiday shopping season kicked off Friday with retailers reporting longer lines than last year and customers saying they were more willing to spend, boosting hopes that the coming weeks could give the economy a badly needed nudge.

BERLIN - The 16-nation euro currency will survive the debt crisis, German Chancellor Angela Merkel vowed Thursday, and a senior central banker said the European Union would be willing to increase its 750 billion euro ($1 trillion) bailout fund if necessary.

DUBLIN - Opposition leaders vowed Thursday to rewrite Ireland's harsh four-year austerity plan if, as expected, they oust Prime Minister Brian Cowen in early elections next year.


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