Posts Tagged ‘money’

Photo: Money

13th Street NW, July 15

Washington Post Circulation, Revenue Drops in First Quarter

Ad revenue and circulation continued to slide at the Washington Post in the first three months of the year, according to a new Securities and Exchange Commission filing from the Washington Post Company.
The paper's Sunday and daily print circulation fell by 7.7 percent and 7.2 percent respectively, when compared to the first quarter of [...]

Windowless, $2,300 Apartments “Going Very Quickly”

In February, news broke that the roller rink above the Adams Morgan Harris Teeter was being turned into apartments. Eight of the apartments at the center of the former rink wouldn't have windows, getting light instead through a skylight. It looked like D.C. apartment mania had finally met its match: Who would pay thousands of [...]

Chinatown Walgreens Delights Prominent Blogger

The fancy Chinatown Walgreens has only been open for two weeks, but already it's won its first sort-of celebrity convert: Slate economics blogger and condominium owner Matt Yglesias.
Yglesias, who seems to be writing on a post-retail high, is giddy about the possibilities of Washington's shiniest pharmacy:
Now I've seen the future, and it's name is Walgreens. [...]

Washington Isn’t So Rich After All

Turn in your Tesla and cancel your reservation at Minibar: The Washington area might not be as wealthy as our high-flying lifestyles would suggest. According to the New Republic's Nate Cohn, the media has been measuring Washington's relative affluence all wrong.
According to Cohn, press reports about Washington extravagance rely too much on the median income [...]

Washington Can Afford New Cars, Unlike Rest of Country

No "Washington is the new Versailles" story is complete without mentioning the area's appetite for expensive cars. Sean Hannity did it, and so did the New York Times. They might have a point—according to a new report from, Washingtonians have more money to spend on new cars than residents in any other city.

If Congress Can’t Avert the Sequester, Here’s What Will Happen to D.C.

The White House has a list of all the D.C. programs that could go without funding if Congress can't avert the sequester, and there are a lot. The D.C. residents who stand to lose most in the sequester include:

Teachers: The sequester would eliminate $533,000 in education funding.
The old: District seniors would lose $191,000 in meal [...]

Bonjour! Washington Is the New Versailles

As promised, Sean Hannity devoted his entire show Friday night to "BoomTown," an expose of our city and its filthy lucre. But instead of likening Washington to the Capitol from The Hunger Games, Hannity's guests opted for a new analogy: Now we're Versailles.
"Not only is Washington, D.C., becoming, you know, this new Versailles that reminds you [...]

Kiva Microfinance Lending Comes to D.C.

Uruguayan immigrant Enrique Cantua has a maintenance company in the D.C. area and a contract to remove snow this winter in Fairfax County. But he needs a $10,000 loan for safety equipment.
Enter Kiva. Starting today, the microfinance site beloved by international development majors is available to D.C. businesses, and Cantua is one of its first [...]

DCPS Throwing Money At Principals

The Examiner is reporting that DCPS is instituting a new $10 million grant program for principals at underperforming schools. School heads can apply for a grant of up to $400,000 to fund "innovative" solutions to performance problems, like longer hours. But wait—where is the money coming from?
One longtime psychologist, unhappy to take on the coordinators' [...]

The Tax Man Always Rings Twice

This year, even folks on top of their tax deadlines came out on the wrong end of the Office of Tax and Revenue’s fining machine.
Over the course of two years, the OTR changed the filing date for small business tax returns not once but twice—first extending the deadline to January 2012, then dialing it back [...]