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.

IRS raising limits on retirement contributions for 2013 Dec 27th 2012, 01:18 The expiring Bush tax cuts aren't the only laws worth watching for investors as the year ends. A number of new rules are kicking in next year that will allow workers to stash away more money in their 401(k)s and individual retirement accounts. Read full article >> Home prices rose over past year, another sign that market is recovering Dec 27th 2012, 01:07 Home prices saw solid gains over the past year, according to a new report Wednesday, adding to the evidence that the housing market turned a corner in 2012, even in the hardest-hit parts of the country. Read full article >> Reconciliation Dec 26th 2012, 22:13 - Ezra Klein is hosting MSNBC's "The Rachel Maddow Show" tonight (Wednesday). Tune in! - A brief history of the debt ceiling (which Treasury announced Wednesday it expects to hit on Dec. 31). - A really adorable, kind of dorky marriage proposal. Read full article >> Guns kill people, in one chilling graph Dec 26th 2012, 21:45 This isn't the merriest graphic we've ever posted, but it's important. The Washington Post's Todd Lindeman picked through the data on the cause of violent deaths by age and illustrated the results. He included a separate category for suicides, which is important because those are more common than homicides. The results are sobering: Read full article >> U.S. will hit debt limit on Dec. 31, Treasury Department says Dec 26th 2012, 21:22 The U.S. government will hit the $16.4 trillion federal debt limit on Monday and turn to "extraordinary measures" to continue borrowing, the Treasury Department said Wednesday, beginning a countdown until Congress either passes legislation to allow for more borrowing or the government defaults on its debt. Read full article >> What will we smuggle in the future? Coal, cyber currency, honeybees. Dec 26th 2012, 18:15 Everybody's making predictions for 2013 right now, but why not aim farther? Recently, the consultancy group Wikistrat ran a large crowd-sourced simulation to try to figure out what sorts of items would be smuggled in 2050. Read full article >> A gallon of milk could cost $8 in 2013. Here's why. Dec 26th 2012, 17:23 There's one potential casualty of the fiscal cliff that hasn't gotten much attention at all: the price of milk. Come Dec. 31, Washington's inaction could push the country's milk prices to as much as $6 to $8 per gallon unless Congress passes a farm bill renewing federal support for agriculture programs. Read full article >> Five ways your health care will change in 2013 Dec 26th 2012, 17:04 The Affordable Care Act's biggest year is, without a doubt, 2014: That's when the federal subsidies to purchase health insurance roll out. It's also when penalties for not buying coverage kick in. But many of the big changes will start gradually in 2013. They range from increasing payments to Medicaid doctors to upping Medicare taxes to the exchanges' very first open-enrollment period. Here's a quick guide to what will happen in health care in the next year. Read full article >> Why 2013 should be a good year for the U.S. economy Dec 26th 2012, 16:23 This is the first of three posts looking at how the economy will do in 2013. Today, we consider why the fundamentals of the U.S. economy point toward a good year. On Thursday and Friday we'll look at the biggest risks to that positive outlook, first that the federal government will mess it all up, and second that international troubles could reemerge and dampen Americans' prospects. Read full article >> The White House's Kent Conrad problem Dec 26th 2012, 14:01 On Fox News Sunday, Sen. Kent Conrad (D-N.D.), the outgoing chairman of the Senate Budget Committee, made a proposal to solve the "fiscal cliff." The proposal isn't going anywhere, but its specifics explain something important about the White House's negotiating strategy. Read full article >>

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