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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.




At a time when many lawmakers are running away from the hated 2008 bank bailout, Sen. Kent Conrad is holding it close - and waging a one-man campaign to rehabilitate the program in the eyes of angry voters.

Numbers rise for companies in third quarter as both brace for a slowdown in defnse spending.

The federal government has ended an inquiry into a privacy breach involving Google's Street View service, satisfied with the company's pledge to stop gathering e-mail, passwords and other information from residential WiFi networks as it rolls through neighborhoods.

Rebecca S. Parrett was convicted in a $2.8 billion fraud that led to the collapse of one of the nation's largest health-care financing companies, a debacle that forced a hospital in the District and hundreds of other health-care providers into bankruptcy.


A surge in demand for commercial aircraft lifted orders for big-ticket manufactured goods in September, but businesses spent less on products that would signal expansion.



NEW YORK - Wells Fargo, which has stood by its foreclosure paperwork for weeks as other major lenders discovered errors and halted sales, conceded Wednesday it had discovered some flaws in its documents as well.

Members of a panel charged with monitoring the government's bailout programs expressed alarm and frustration over the potential repercussions of the escalating home foreclosure crisis during a hearing Wednesday on Capitol Hill.


A majority of Americans now say they are worried about making their mortgage or rent payments, underscoring the extent of economic anxiety in the country heading into midterm elections.

Constellation Energy settled its dispute with French utility giant Electricite de France on Tuesday, selling its half of a joint venture to develop new nuclear power plants and dropping its threat to exercise an option to force EDF to buy a dozen aging fossil fuel plants.

Since the financial crisis broke out two years ago, unhappy investors in mortgage securities have struggled to organize themselves and achieve a common goal - force big banks to buy back loans that went bad because of shoddy lending practices.


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