-
Washington Business Report Aug. 14, 2011
Keith Segerson tells ABC7’s Rebecca Cooper why anyone in their right mind would start a business in this economic environment. Segerson runs the Mason Enterprise Center. The center counsels, coaches and informs business owners and those who want to become business owners.
Comment -
Dow up 423 as Wall Street whipsaws again
The roller-coaster continues: Stocks were rising after investors latched onto small signs that the economy might not be headed into another recession.
Comment -
'This is going to break all records': Thousands flood job fair
More than 4,000 job seekers flooded the Convention Center in downtown D.C. Tuesday for Eleanor Holmes Norton's annual job fair, which she said attracted record numbers this year.
Comment -
Verizon workers strike over new labor contract
45,000 Verizon workers from Massachusetts to Washington, D.C., went on strike Sunday after negotiations over a new labor contract fizzled.
Comment -
S&P downgrades U.S. debt for first time ever
The agency said the wrangling over the debt ceiling raised doubts that Congress and the White House could come up with a long-term plan to reduce the deficit.
15 Comments -
Stock plunge fuels new recession fears among locals
A day after Wall Street’s epic meltdown, things still aren’t looking up: the free-fall is sparking fears of a second recession, and the other economic indicators out today aren’t doing much to dispute them.
Comment -
Washington Business Report Aug. 7, 2011
ABC7 National Correspondent Rebecca Cooper reviews the week in local business news.
Comment -
Gripped by fear: Dow drops 513 points
Fueled by consumer anxiety and a lack of investor confidence, the stock market is in the midst of its biggest retreat since the financial crisis.
Comment -
Take the poll: How bad is the economy?
How concerned are you about the economy after today's stock market plunge? Take our poll.
Comment
-
Walmart to train 2,000 D.C. residents
The retail giant will invest $3 million over the next three years to train D.C. residents to work in retail, the company announced at a news conference Thursday.
6 Comments -
Jobless claims drop to four-month low
The number of people seeking unemployment benefits fell last week below 400,000 for the first time in four months, a sign that the job market is improving slowly after a recent slump.
Comment -
Gold prices climbing
Since the U.S. credit rating was downgraded, gold prices have climbed above $1,700 an ounce.
Comment -
Hackers are after your smartphone
Smartphones have become wallets, email lockboxes, photo albums and Rolodexes. Their usefulness is also their allure to criminals.
Comment -
Anger turns to anxiety in debt crisis
Anger at the nation's leaders for taking so long to strike a debt-ceiling deal has turned into high anxiety over jobs and the economy amid growing fears of a new recession.
Comment -
Virginia's tax-free weekend begins
It's time to stock up on school supplies and clothing - Virginia's tax-free holiday starts Friday and runs through Sunday.
Comment -
Steep drop spooks local investors
The meltdown in the stock market on Thursday has investors in the D.C. metro area concerned about a repeat of the 2008 financial crisis.
Comment -
How bad was it? A historical look at bad days on Wall Street
The Dow Jones industrial average plunged 513 points, or 4.3 percent, to 11,384 on Thursday.
Comment -
Dow Jones tumbles 350 points
Stocks are plunging in another broad sell-off as investors grow concerned about an economic slowdown in the U.S. and Europe.
Comment
RecommendedRecent Facebook Activity
Only On 7
-
Team up with the Home Team afternoons at 4 on ABC7
"Katie" weekdays at 4pm on ABC7 followed by Leon Harris and Alison Starling on ABC7 News at 5. Click here to find out more about "Katie!"
Photo Galleries Pictures from around the region
-
Komen Race for the Cure 2013: Photos of the racers
-
Photos of D.C. tiny houses
-
Running of the Chihuahuas kicks off Cinco de Mayo weekend