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.

Bull market roars past many U.S. investors Dec 30th 2012, 00:26 Americans have missed out on almost $200 billion of stock gains as they drained money from the market in the past four years, haunted by the financial crisis. The value of assets in equity mutual, exchange-traded and closed-end funds increased about 85 percent to $5.6 trillion since the bull market began in March 2009, trailing the Standard & Poor's 500-stock index's 94 percent advance, according to data compiled by Bloomberg and Morningstar. The proportion of retirement funds in stocks fell about half a percentage point, compared with an average rise of 8.2 percentage points in rallies since 1990. Read full article >> New rules on debit-card processing start to pinch small banks and credit unions Dec 30th 2012, 00:08 Community banks and credit unions are reporting lower debit-card processing revenue as a result of financial reform laws, sparking concerns that they may be forced to impose new fees on customers to offset their losses. Read full article >> Early flu season could be severe, experts warn Dec 29th 2012, 23:18 Flu season in the United States is having its earliest start in nearly a decade and health officials say this season could be a bad one. Although flu is always unpredictable, the early nature of the cases and the predominant type circulating this year could make this a severe flu season, said officials at the Centers for Disease Control and Prevention. Read full article >> Why our ambassadors need to be rich Dec 29th 2012, 15:54 I've found the rumors that Anna Wintour could be named ambassador to Britain surprising. Being empress of Vogue and the unofficial head of the fashion world seems like a more interesting job, and my understanding is it provides plenty of opportunities to travel to London, if that's important to you. But to each their own. Read full article >> Graph of the day: Americans are drinking less and less milk Dec 29th 2012, 14:00 Suzy Khimm has already written about the much-feared "milk cliff." If Congress fails to renew the farm bill by Jan. 1, the country's farm policy will revert back to laws dating from 1949. Government price supports for milk would rise significantly — and the cost of milk could rise by as much as $3 per gallon. Dairy doom! Read full article >>

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