Skip to content
Advertisement

Business_Finance

Latest Stories

20110824-202351-pic-993771226.jpg

20110824-202351-pic-993771226.jpg

BARBARA L. SALISBURY/THE WASHINGTON TIMES Maryland Gov. Martin O'Malley says aggressive cuts in the federal budget could double or even triple his state's anticipated $1 billion shortfall next year, increasing the probability of a tax increase.

20110824-190440-pic-297098251.jpg

20110824-190440-pic-297098251.jpg

associated press Traders work in the gold and silver options pit at the New York Mercantile Exchange in New York on Wednesday, watching as gold prices plunged 5.6 percent. Increasing orders for U.S. durable goods eroded demand for the metal - which closed at $1,757 per ounce - as a haven asset.

Wall Street_Lea.jpg

Wall Street_Lea.jpg

Trading specialists Vincent Folds (left) and WIliam Bott work on the floor of the New York Stock Exchange in New York on Wednesday, Aug. 24, 2011. (AP Photo/Richard Drew)

Libya Hotel from Hell_Live.jpg

Libya Hotel from Hell_Live.jpg

Associated Press photographer Dario Lopez-Mills poses for a photo at the Rixos hotel in Tripoli, Libya, on Aug. 24, 2011. Lopez-Mills is among dozens of journalists that were trapped for days in the luxury hotel, kept there by government enforcers. (Associated Press)

20110823-204011-pic-739844298.jpg

20110823-204011-pic-739844298.jpg

Former Sen. Judd Gregg, New Hampshire Republican, said open meetings give too much ammunition to single-issue interest groups that "have no interest in the national agenda of fiscal responsibility." (Associated Press)

APTOPIX Strauss Kahn _Lea.jpg

APTOPIX Strauss Kahn _Lea.jpg

Nafissatou Diallo, the hotel housekeeper who has accused Dominique Strauss-Kahn, former head of the International Monetary Fund, of sexually assaulting her, leaves a state office building in New York with her lawyer, Kenneth Thompson, after meeting with prosecutors on Monday, Aug. 22, 2011. (AP Photo/Seth Wenig)

20110822-212703-pic-792544018.jpg

20110822-212703-pic-792544018.jpg

Traders in New York are busy Monday in the oil-options pit. Successful rebellion in Libya will affect oil prices. (Associated Press)

20110822-165649-pic-550264197.jpg

20110822-165649-pic-550264197.jpg

North Korean leader Kim Jong-il (second right) steps down from his armored train upon his arrival at the Bureya railway station in eastern Siberia on Sunday. Mr. Kim crossed into Russia on his armored train Saturday at the invitation of President Dmitry Medvedev. The two leaders are expected to meet later in the week to discuss the restart of nuclear-disarmament talks and the construction of a pipeline that would stream Russian natural gas to North and South Korea. (Associated Press)

MLK Memorial_Live.jpg

MLK Memorial_Live.jpg

Visitors to the Rev. Martin Luther King Jr. Memorial take pictures behind security fencing on the National Mall in Washington on Aug., 21, 2011. (Associated Press)

Wall Street_Live.jpg

Wall Street_Live.jpg

Trader Gregory Rowe (right) works on the floor of the New York Stock Exchange on Aug. 22, 2011. (Associated Press)

Strauss Kahn Assault_Lea.jpg

Strauss Kahn Assault_Lea.jpg

Dominique Strauss-Kahn, former managing director of the International Monetary Fund, waits for a taxi near his temporary residence in the Tribeca neighborhood of New York on Sunday, Aug. 21, 2011. (AP Photo/John Minchillo)

20110821-194031-pic-921073445.jpg

20110821-194031-pic-921073445.jpg

RETURNING:Wendy Sherman is leaving the private sector for a return to the State Department, where she must distance herself from former clients. (Associated Press)

20110821-154932-pic-166410825.jpg

20110821-154932-pic-166410825.jpg

A Nissan Leaf charges at a station in Portland, Ore. (Associated Press)

20110818-165906-pic-372814448.jpg

20110818-165906-pic-372814448.jpg

Merrill Lynch Credit Corp. is seeking to foreclose on Burt Reynolds' Florida home, claiming the Emmy-winning actor has not made a mortgage payment since Sept. 1. Mr. Reynolds reportedly tried to sell the home in 2009. (Associated Press)

Wall Street_Lea.jpg

Wall Street_Lea.jpg

Trader Edward Baumann works on the floor of the New York Stock Exchange in New York on Thursday, Aug. 18, 2011. Worldwide economic gloom was causing markets to tumble. (AP Photo/Richard Drew)

20110817-224637-pic-367812081.jpg

20110817-224637-pic-367812081.jpg

associated press photographs An Abercrombie & Fitch employee (center) poses for photos with two customers at the entrance to the company's Fifth Avenue store in New York. The company wants the cast of "Jersey Shore" to stop wearing its clothing on the show in a bid to protect its image.

20110817-213326-pic-494249703.jpg

20110817-213326-pic-494249703.jpg

Obama for America campaign staffers work at headquarters, a 55,000-square-foot office in a high-rise in downtown Chicago. Specialists in digital media work side by side with field operators, Web designers and phone-bank volunteers. The integration of employees with digital expertise together with more traditional political campaign staff is now standard operating procedure. (Dave Boyer/The Washington Times)

Obama_Live.jpg

Obama_Live.jpg

President Obama's motorcade makes its way through Peosta, Iowa, en route to the Rural Economic Forum at the Northeast Iowa Community College on Aug. 16, 2011. (Associated Press)

20110816-210628-pic-982955765.jpg

20110816-210628-pic-982955765.jpg

Huawei made its presence at a wireless trade show in Las Vegas this year. Some in Congress fear the Chinese telecommunications giant, said to have ties to China's military, poses a risk to national security with its deal to supply components to a supercomputer lab that is a defense contractor. (Associated Press)

FAIR_05

FAIR_05

The "Vertigo" ride at the 2011 Montgomery County Agricultural Fair in Gaithersburg, Md. on Tuesday, August 16, 2011. The fair runs until midnight on Saturday, August 20, 2011. (Pratik Shah/The Washington Times)