Fed extends program to lower rates

(BRENDAN MCDERMID / REUTERS)

The Fed said it would extend “Operation Twist,” a program that seeks to reduce long-term interest rates, through the end of the year. The decision highlights how the central bank, the Obama administration and Congress are struggling to make a major dent in unemployment, three years after the economy officially started growing again.

Samaras takes over as Greek PM

Samaras takes over as Greek PM

Center-right leader to open talks with E.U. leaders about the future of Greece’s bailout.

Stocks decline after Fed forecast

Stocks decline after Fed forecast

Stocks fell as the Federal Reserve cut its estimates for growth amid a slowdown in hiring.

Many Americans escape poverty by sharing homes with families or friends

Many Americans escape poverty by sharing homes with families or friends

Census Bureau says number of adults living with others jumped 11.4 percent between ‘07 and ‘10.

U.S. health insurers owe consumers, businesses $1.1 billion in rebates

U.S. health insurers owe consumers, businesses $1.1 billion in rebates

Whether money is paid depends on how the Supreme Court rules on the new health-care law.

Snowe’s last act: Filibuster reform?

Snowe’s last act: Filibuster reform?

The departing moderate Republican wants to fix some of the problems that drove her out of office in the first place.

Survey: Asia has more millionaires than N. America for first time

Survey: Asia has more millionaires than N. America for first time

Asia’s millionaires outnumbered North America’s last year even as the world’s wealthy saw their fortunes decline.

Local Business News

Chevy Chase bank alliance gets large investment from Wall Street player

Chevy Chase bank alliance gets large investment from Wall Street player

BancAlliance has snagged a $150 million investment from noted BlueMountain Capital Management.

Read more Capital Business news

Data from CFPB show big banks get the most complaints from consumers

Data from CFPB show big banks get the most complaints from consumers

Bank of America received about 13 percent of the bureau’s complaints between July 21 and Dec. 31.

China defends rare earths curbs as environmental measure

China defends rare earths curbs as environmental measure

Country also rejects a World Trade Organization challenge by the United States, Europe and Japan.

Burger King returns to public market

Burger King returns to public market

The world’s No. 2 hamburger chain last traded as a public company between 2006 and 2010.

Uncle Sam Googled you. Now what?

Uncle Sam Googled you. Now what?

Google’s Transparency Report is a welcome step, but is it enough?

Finding caloric price of a slice may prove tougher than expected for FDA

Finding caloric price of a slice may prove tougher than expected for FDA

Pizza chains, citing scores of ways to make a pie, oppose plan to post calorie counts in restaurants.

Small Business News

The dangers for small businesses with dealings in Europe

The dangers for small businesses with dealings in Europe

If your small business has dealings in Italy, Spain or Greece, can you mitigate the risks? Absolutely.

Read more news from On Small Business

Business Blogs & Columns

Joshua Topolsky

Joshua Topolsky

COLUMN | It seems Microsoft is ready to bring some of its wild thinkers out of hiding.

Thomas Heath

Thomas Heath

George Stamas is full of stories from his life as one of the best-connected people in the region.

Michelle Singletary

Michelle Singletary

A ton of wealth has been lost in this country, and not all of it because of reckless spending.

Ezra Klein

Ezra Klein

Bipartisanship is hard to find in today’s Congress, especially when it comes to the DREAM Act.

Allan Sloan

Allan Sloan

With myth supplanting reality about what happened, it’s time to set the record straight on the financial crisis.

Barry Ritholtz

Barry Ritholtz

Banking’s future: How the FDIC can curb banks’ reckless speculation, making the financial system safer.

Warren Brown

Warren Brown

Nissan’s 2012 Quest caters to the expansive egos and appetites of its American market.

Steven Pearlstein

Steven Pearlstein

Margaret Thatcher’s refusal to budge from fiscal austerity still hangs over the British economy.

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Editor's Choice

Apple’s new headquarters: A first look

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

Jobless states: The top 10

Unemployment rose in 18 states in May, as well as nationally. Here’s a look at the top 10 states with the highest unemployment rates.

Map: Job growth rate

Jobs are growing, but sluggishly, in most swing states.

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Rick Scott’s post-SCOTUS Obamacare plan http://t.co/N55DLtdp

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Business Video

Fed extends ‘twist’ program to drive rates lower

Fed extends ‘twist’ program to drive rates lower

Obama addresses Romney criticism at G-20

Obama addresses Romney criticism at G-20

Obama addresses Romney criticism at G-20
Geithner

Geithner "encouraged" by Europe talks at G-20

Geithner "encouraged" by Europe talks at G-20
Microsoft tablet: How it stands up against iPad

Microsoft tablet: How it stands up against iPad

Microsoft tablet: How it stands up against iPad
Microsoft unveils Surface tablets

Microsoft unveils Surface tablets

Microsoft unveils Surface tablets
Thousands rally to support new arena in Seattle

Thousands rally to support new arena in Seattle

Thousands rally to support new arena in Seattle
Dimon faces protesters at congressional hearing

Dimon faces protesters at congressional hearing

Dimon faces protesters at congressional hearing
Making a pizza. Fast.

Making a pizza. Fast.

Local Domino’s Pizza employees are among 16 finalists competing at Domino’s World’s Fastest Pizza Maker Competition in Las Vegas.
Chief Investment Officer Ina Drew resigns from JPMorgan Chase in trading blunder aftermath

Chief Investment Officer Ina Drew resigns from JPMorgan Chase in trading blunder aftermath

Chief Investment Officer Ina Drew resigns from JP Morgan Chase in trading blunder aftermath
How to take advantage of record low mortgage rates

How to take advantage of record low mortgage rates

How to take advantage of record low mortgage rates
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.