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.

House could vote Tuesday on Senate cliff deal Jan 2nd 2013, 00:52 House Republicans reversed course Tuesday evening and charted a course toward likely passage of the bipartisan agreement struck in the Senate to avoid the worst effects of the "fiscal cliff,''setting up a late-night vote to complete a dramatic day in which the critical legislation appeared to be endangered for several hours. Read full article >> The Color of Money: Get it right in 2013 Jan 2nd 2013, 00:46 I no longer just say information is power. It's only powerful if it's the right and most up-to-date information. As we start off the new year, I thought I would give you a roundup of some personal finance information you should keep your eye on. I also want to point out personal finance highlights from 2012. Read full article >> Supreme Court to hear Gabelli appeal of SEC civil fraud penalties Jan 2nd 2013, 00:00 The Supreme Court will hear arguments next week in a case that will determine how much time federal securities regulators have to impose civil fraud penalties. In Gabelli v. SEC, two Gabelli Funds officials argue that the Securities and Exchange Commission waited too long to bring a civil case accusing them of authorizing an improper trading technique at their firm. The argument raises a question often debated in legal circles: When does the clock start ticking on civil fraud cases? Read full article >> Proposed 'fiscal cliff' deal falls short under three economic theories Jan 1st 2013, 23:49 Economists generally offer three theories for what's hampering the still-sluggish U.S. economy: the Keynesian theory, which would like to see lower taxes or more government spending; the spending/debt theory, which would like to see both of those reined in; and the uncertainty theory. Under none of them can the White House-Senate deal to avert the "fiscal cliff" be considered an economic success. Read full article >> The fiscal cliff deal's price tag: -$3.9 trillion or +$600 billion Jan 1st 2013, 21:42 The fiscal cliff was meant to force Congress to come to an agreement on deficit reduction. It failed. Their eleventh-hour solution — if it passes the House, which is now in doubt — won't move the needle by very much on the deficit, though the price tag depends on what you're comparing it with. Read full article >> Shell oil rig runs aground in Alaska Jan 1st 2013, 20:46 A drilling rig that Shell planned to use off Alaska's Arctic coast ran aground in a storm Monday night, after the crew had been rescued earlier by the Coast Guard. As of late Tuesday, no fuel had spilled. Read full article >>

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