In major shake-up, Citi’s Pandit out, Corbat in

(Carlos Osorio / ASSOCIATED PRESS)

Vikram Pandit abruptly steps down as CEO of Citigroup, surprising Wall Street, after steering the bank through the 2008 financial crisis and the choppy years that followed.

Is there good inflation?

Is there good inflation?

Consumer prices rose faster than expected in September, but not all inflation is the same.

What happens when the fastest-growing major economy slows down?

What happens when the fastest-growing major economy slows down?

Firms concerned about U.S. and euro economies placed their hopes with Chinese consumers.

U.S. stocks advance

U.S. stocks advance

Stocks rallied amid better-than- forecast earnings and as industrial production rose more than expected.

Corporate earnings shed light
on how the economy is faring

Corporate earnings shed light <br>on how the economy is faring

Performance of Intel, CSX, WW Grainger give hints about which industries are rebounding.

Social Security payments to rise by one of the smallest increases since ’70s

Social Security payments to rise by one of the smallest increases since ’70s

The increase, which starts in January, is tied to a measure of inflation released Tuesday.

The middle class isn’t losing more jobs than usual. But it’s losing more money.

The middle class isn’t losing more jobs than usual. But it’s losing more money.

A new paper shows how the unemployed see bigger pay cuts once they get another job.

Euro-zone inflation revised down

Euro-zone inflation revised down

Inflation in the 17-country euro zone was lower than previously expected in September.

FTC declined to join European criticism of Google tracking

FTC declined to join European criticism of Google tracking

French regulator had asked for support of letter identifying privacy concerns.

Electric-car-battery firm calls it quits

Electric-car-battery firm calls it quits

Company that had won a $249 million grant files for bankruptcy, reigniting criticism of stimulus program.

Democrats, GOP discuss $60 billion fallback if fiscal cliff isn’t averted

Democrats, GOP discuss $60 billion fallback if fiscal cliff isn’t averted

Both parties are discussing fallback plans for deficit reduction if no budget deal is reached, aides say.

CFPB worries that complaints
may presage student loan crisis

CFPB worries that complaints <br>may presage student loan crisis

COLUMN | We may face a loan servicing sequel in student loans that could rival the mortgage crisis.

Amazon expects to hire 50,000 seasonal workers this year

Amazon expects to hire 50,000 seasonal workers this year

The company says “thousands” could gain full-time jobs.

Local Business News

Michael Chasen, founder and CEO of Blackboard, will depart company

Michael Chasen, founder and CEO of Blackboard, will depart company

Jay Bhatt, president of Progress Software, will take his place at the District-based company.

Read more Capital Business news

Small Business News

The complete small business guide to the presidential election

The complete small business guide to the presidential election

On the eve of the second debate, we break down where Obama and Romney stand on the most critical small business issues.

Read more news from On Small Business

Business Blogs & Columns

Ezra Klein

Ezra Klein

When asking if policymakers have done a good job aiding recovery, we have to ask, compared to what?

Thomas Heath

Thomas Heath

Bethesda, Md.’s Urban Country furniture store prospers after a family tragedy with help of daughters.

Michelle Singletary

Michelle Singletary

COLUMN | We may face a loan servicing sequel in student loans that could rival the mortgage crisis.

Barry Ritholtz

Barry Ritholtz

Rules for investing come from knowing yourself, admitting mistakes to avoid becoming your own enemy.

Warren Brown

Warren Brown

With the new Infiniti FX37 wagon and its “active hood” design, Nissan smartly stays ahead of the body politic.

Steven Pearlstein

Steven Pearlstein

A new breed of activist judges are waging a largely successful war on regulatory agencies.

Ezra Klein

Ezra Klein

As the Republican party has moved to the right, so too has our standard for what counts as a moderate.

Allan Sloan

Allan Sloan

Your guy’s winning of the presidency won’t determine what happens to the stock market.

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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

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RT @felixsalmon: Romney's lucky that the sets of "people who can do math" and "undecided voters" have very little overlap: http://t.co/e9H1DYEM

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RT @PostHealthSci: #A123 just filed for bankruptcy. Electric-car battery maker has received $129 million in stimulus money http://t.co/2Sl9JII4 @bradplumer

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RT @jialynnyang: What China's slowdown means for U.S. multinationals: http://t.co/KHB9Swbd

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RT @CommonCenser: McLean-based contracting giant @BoozAllen acquiring defense systems engineering business of Annapolis-based ARINC: http://t.co/wziKwfWZ

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Business Video

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
Alcoa's debt rating risks downgrade, analyst says

Alcoa's debt rating risks downgrade, analyst says

Alcoa's Debt Rating Risks Downgrade, Beristain Says
Indian rupee may rise to 50 against dollar, Chia Says

Indian rupee may rise to 50 against dollar, Chia Says

RBS head Chia Woon Khien talks about the rupee, Chinese yuan and other Asian currencies.
Apple CEO Tim Cook apologizes about maps

Apple CEO Tim Cook apologizes about maps

Apple CEO Tim Cook apologized for the company's error-ridden new mobile mapping service. In a letter posted online Friday, Cook said Apple "fell short."
U.S. economy in  ‘plow-horse recovery,’ economist says

U.S. economy in ‘plow-horse recovery,’ economist says

U.S. economy in ‘plow-horse recovery,’ economist says
Apple iOS 6 review (video)

Apple iOS 6 review (video)

Bloomerg's Jaroslovsky reviews Apple’s newest operating system.
Former Greek Prime Minister Papandreou on euro

Former Greek Prime Minister Papandreou on euro

Former Greek Prime Minister Papandreou on Euro
Analyst on Yahoo’s growth strategy

Analyst on Yahoo’s growth strategy

Yahoo in Transition to Focus on Growth, Wieser Says
Euro zone needs path to solidarity, World Bank president says

Euro zone needs path to solidarity, World Bank president says

Euro Zone Needs Path to Solidarity, Kim Says
Donuts Inc. and its domain duel

Donuts Inc. and its domain duel

Washington Post reporter Craig Timberg sits down with Brook Silva-Braga to discuss investment group Donuts Inc.’s bid to purcahse 307 new web domains, including .doctor and .school. The move is raising red flags for watchdogs and industry groups.
iPhone 5 buyers line up in Atlanta

iPhone 5 buyers line up in Atlanta

Atlanta iPhone 5 fans were up early waiting to buy Apple's latest device. The new smartphone went on sale in North America, Europe, and Asia Friday morning.
IPhone 5 goes on sale

IPhone 5 goes on sale

IPhone 5 goes on sale
iPhone 5 fans wait overnight in New York

iPhone 5 fans wait overnight in New York

iPhone 5 fans wait overnight in New York
American Airlines expects job losses of 4,400, warns 11,000

American Airlines expects job losses of 4,400, warns 11,000

American Airlines is sending layoff warning notices to more than 11,000 employees although a spokesman says the company expects job losses to be closer to 4,400.
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.