Obama, Boehner prepare to tackle debt

(Pablo Martinez Monsivais / AP)

President Obama and House Speaker John A. Boehner hold the keys to any deal to tame the national debt. And as they prepare to go another round, the political winds have shifted in Obama’s favor.

After Obama re-election CEO reads prayer to staff; announces layoffs

After Obama re-election CEO reads prayer to staff; announces layoffs

Murray Energy CEO laid off 156 employees blaming the Obama administration’s coal policies.

Bill to force cost-benefit analysis of
new regulations faces opposition

Bill to force cost-benefit analysis of<br>new regulations faces opposition

Critics say the measure would hamstring regulation; supporters call it common sense.

U.S. stock futures fall

U.S. stock futures fall

Futures fall, indicating that the S&P 500 will head for its biggest weekly decline in five months.

JPMorgan agrees to settle with SEC

JPMorgan agrees to settle with SEC

Bank will resolve claims tied to its mortgage business and will buy back as much as $3B in shares.

Worrisome developments in Europe

Worrisome developments in Europe

We've been so caught up in the elections that we've forgotten to check out the crisis in Europe.

China's auto and retail sales, factory output rise in sign of recovery

China's auto and retail sales, factory output rise in sign of recovery

Data are welcome news for the ruling party, which is meeting for a once-a-decade handover of power.

Three economic lessons from exit polls

Three economic lessons from exit polls

Voters angry about inflation, accept that this recession is different, but not that worried about deficits.

Capital One asked to pay for sins of Chevy Chase Bank

Capital One asked to pay for sins of Chevy Chase Bank

Bond insurer Ambac Assurance Corp. alleges breach of contract on mortgage securities.

J.C. Penney reports bigger-than-expected loss

J.C. Penney reports bigger-than-expected loss

Penney suffers plummeting sales as customers continue to reject its move get rid of blockbuster sales.

Local Business News

SNR Denton to enter three-way merger with Canadian, Paris law firms

Merger is expected to create the largest energy, mining and resources practice at any law firm in the world.

Read more Capital Business news

Small Business News

Main Street divided after Obama’s win

Main Street divided after Obama’s win

Small business owners and entrepreneurs explain what the president’s reelection means for the future of their companies.

Read more news from On Small Business

Business Blogs & Columns

Michelle Singletary

Michelle Singletary

COLUMN | Some things you should consider as you review your workplace health-care benefits.

Thomas Heath

Thomas Heath

COLUMN | Ruppert Companies’ owner learned to lead as a caddy at the Chevy Chase Club in the 1960s.

Warren Brown

Warren Brown

REVIEW | Honda never stopped making great cars, but the competition demands that it step up.

Steven Pearlstein

Steven Pearlstein

Guaranteed-savings contracts are gaining traction across a wealth of industries as a model in outsourcing.

Wonkblog

COLUMN | Mitt Romney and Barack Obama are well within the American consensus.

Warren Brown

Warren Brown

The world is getting smaller and its cars are following suit, as typified by the 2013 Corolla LE.

Allan Sloan

Allan Sloan

U.S. jobs, or more outsourcing? This could be the question faced by one mortgage-servicing company.

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Editor's Choice

The drought of 2012

It has been more than a half-century since a drought this extensive hit the United States.

Keystone: Down the Line

From Alberta to Texas, The Post explores the planned route of the Keystone XL pipeline.

Apple’s new headquarters: A first look

Apple plans to revamp its sprawling campus in Cupertino, Calif. Here are the renderings.

Post Business on Twitter

washpostbiz

MT @Goldfarb: Obama will call on Congress to freeze middle class taxes today -- will the Republicans bite? http://t.co/l2Z1tcbL

washpostbiz

For one coal company, President Obama's re-election was a time for prayer. And layoffs. http://t.co/Gmd0qAzy

washpostbiz

Losing your pension may not be such a bad thing: http://t.co/fXL66iSz

washpostbiz

SNR Denton to enter three-way merger with Canadian, Paris law firms http://t.co/diN4cuv2

More Tweets

Business Video

U.S. adds 171K jobs, unemployment rate rises to 7.9%

U.S. adds 171K jobs, unemployment rate rises to 7.9%

U.S. employers added 171,000 jobs in October and hiring was stronger over the previous two months than first thought. The unemployment rate inched up to 7.9 percent.
Sandy closes the New York Stock Exchange

Sandy closes the New York Stock Exchange

Hurricane Sandy closes the New York Stock Exchange
Paul Miller on Bank of America Fraud Lawsuit

Paul Miller on Bank of America Fraud Lawsuit

Paul Miller on Bank of America Fraud Lawsuit
Viral video rant draws attack from Glenn Beck, but no regrets for Occupy Wall Street protester

Viral video rant draws attack from Glenn Beck, but no regrets for Occupy Wall Street protester

Robert Stephens was a George Washington University law student whose family was living on the front lines of the housing crisis: losing a home that was underwater in debt. When he heard about the first Occupy Wall Street protest he decided to head to New York and check it out. One viral video later, his life was changed forever.
Google Street View goes off the beaten path

Google Street View goes off the beaten path

Google Street View goes off the beaten path
Windows 8 may shock users

Windows 8 may shock users

Windows 8 may shock users
E.U. crisis states must do more to help themselves

E.U. crisis states must do more to help themselves

EU Crisis States Must Do More to Help Themselves
Facebook privacy issues percolating in Europe

Facebook privacy issues percolating in Europe

Max Schrems is the founder of Europe v. Facebook, a group seeking to have Facebook adhere to European privacy laws. Schrems discusses his path to starting the group when he requested his personal data file from Facebook and received an extensive 1,200-page file documenting very detailed elements of his life.
Obama presides over gun sales boom

Obama presides over gun sales boom

President Obama presides over gun sales boom
Google stock plummets after premature release of 3Q earnings

Google stock plummets after premature release of 3Q earnings

Google's stock plunged suddenly on Thursday afternoon after a contractor prematurely released the search company's third-quarter earnings report.
How video games improve your work

How video games improve your work

The Washington Post’s Hayley Tsukayama stops by to play some angry birds and discuss reports that show how certain video games can help users learn business skills.
GoPro unveils a new underwater, WiFi camera

GoPro unveils a new underwater, WiFi camera

GoPro unveils a new underwater, WiFi camera
iPad Mini: The Sasquatch of the tech world?

iPad Mini: The Sasquatch of the tech world?

Apple is about to host a media event and the company is expected to show off a smaller version of the iPad tablet, but nobody really knows if it exists. CNET editor-at-large Brian Cooley talks about what to expect.
Vikram Pandit turned Citigroup around

Vikram Pandit turned Citigroup around

The resignation of Citigroup CEO Vikram Pandit comes after an extraordinary period in which he helped the bank emerge from government conservatorship.
Two Americans win Nobel economics prize

Two Americans win Nobel economics prize

Two Americans win Nobel economics prize
Huawei as spying threat is ridiculous, company spokesman says

Huawei as spying threat is ridiculous, company spokesman says

Huawei as Spying Threat Is Ridiculous, Plummer Says
Townhouses face the waterfront at the Dockside Green residential development in Victoria, British Columbia, Canada, on July 12, 2008. The 26-building, 1.3-million-square-foot (120,000-square-meter) project will feature a heating plant fed by waste wood chips, and is aiming to achieve a LEED platinum award from the Canada Green Building Council. Photographer: Enrico Dagostini/Busby Perkins + Will via Bloomberg News  EDITOR'S NOTE: NO SALES. EDITORIAL USE ONLY.

World’s best real estate markets

Home prices may be slipping in the U.S., but they’re booming in some other nations. Here’s a list of the 10 countries that saw the greatest increase in housing prices last year.

The nation’s unemployment picture

Use this graphic to explore how the unemployment rate around the country has changed over the last year.