Monday, October 29, 2012

Your 12 hourly digest for Business News, Financial News, Business Headlines & Analysis - The Washington Post

Business News, Financial News, Business Headlines & Analysis - The Washington Post
The source for business news and analysis. Covering economic policy, business policy, financial news, economic issues, stock market data, local business, technology and more.
Health insurers ready post-election message: We're not the bad guys!
Oct 29th 2012, 12:51

Health insurance lobbyists are gearing up for post-election trips to Capitol Hill and they are armed with….charts.

Lots and lots of charts.

No matter who wins the election, rising heath care costs will near certainly continue to be a financial burden. That's true for individual consumers, who keep spending more on premiums, and the federal government.

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Wonkbook: The 'fiscal cliff' — a faster fiscal contraction than Greece?
Oct 29th 2012, 12:45

Wonkbook dashboard

RCP Obama vs. RomneyRomney +0.9%; 7-day change: Romney +1.1%.

RCP Obama approval48.7%; 7-day change: -0.6%.

Intrade percent chance of Obama win62.9%; 7-day change: +1.4%.

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Washington area employers are cautious about hiring, giving raises in 2013
Oct 28th 2012, 22:26

A recent survey of Washington area employers found that fewer organizations plan to hire in 2013 and their budgets for raises are likely to remain flat, a finding that human resources professionals say is a result of uncertainty about the "fiscal cliff."

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D.C. area hotels lose millions as federal agencies slash meeting, conference budgets
Oct 28th 2012, 18:20

It started with a muffin. ¶The lowly baked good, a staple of business breakfasts, became an unlikely symbol of government overindulgence when a government audit released in the fall of 2011 claimed that the Justice Department had spent $4,200 for 250 muffins at $16 a pop during a training conference at the Capital Hilton. ¶ Nevermind that the report was later revised to show that the price had been closer to $14 and the tab included coffee, juice and fruit as well. The fallout has helped crumble an entire industry.

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