Turns out Mitt Romney had an ace in the hole in the battle for the Republican presidential nomination. It’s irrelevant now, with Romney having effectively wrapped up his party’s nod when Rick Santorum decided to fold his candidacy on April...
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Photograph by George Frey/Getty Images
Mormon faithful outside the historic Salt Lake Temple before the second session at the 180th Annual General Conference in Utah.
The End Is Near! Of Presidential Primaries, That Is
Top Romney Donors Descend on Utah Town for Exclusive Weekend
Top donors to Republican presidential candidate Mitt Romney are gathered in Park City, Utah for a weekend-long retreat that offers the chance to mingle with campaign strategists, party officials and the candidate himself. The event features private meetings and strategy sessions...
Read more »Romney Struggling to Attract Small Donors
Despite raffling off meals — including dinner with Donald Trump — and baseball tickets, all for a minimum contribution of $3, presumptive Republican nominee Mitt Romney is still struggling to attract small-dollar donors to his campaign. As Romney campaigned to...
Read more »Sleeping Away the Dark Economy. Literally.
Americans are weathering the slow economy by catching up on their sleep. The 2011 American Time Use Survey found that Americans spent more time sleeping last year then in any since 2003, when the survey began. The survey is based...
Read more »Magic Number of the Day: 52
That’s the number of electoral votes in the four states where Mitt Romney began airing new television ads today with promises about what he would do in his first 100 days as president. The ads are running in Ohio (18 electoral...
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Photograph by John Moore/Getty Images
A trader works on the floor of the New York Stock Exchange during Federal Reserve Chairman Ben Bernanke's news conference on June 20, 2012.
Bernanke’s Twist Adds to Year-End ‘World of Hurt’
With Caroline Salas Gage After repeatedly warning lawmakers that a year-end fiscal cliff threatens the economy, Federal Reserve Chairman Ben S. Bernanke has created a precipice of his own. That could mean “a world of hurt” for the central bank, said...
Read more »Bullard Says QE3 Faces `High Hurdle’ After Fed Extends Twist
By Caroline Fairchild and Caroline Salas Gage The Fed faces a ”pretty high hurdle” for embarking on a possible third round of quantitative easing, Federal Reserve Bank of St. Louis President James Bullard said today. “We can do that and...
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Photograph by Richard Ellis/Getty Images
Comedian Stephen Colbert hosts a rally at the College of Charleston.
Colbert Dethroned, Another Super-PAC Boasts
Comedian Stephen Colbert’s “A Better Tomorrow, Tomorrow” is probably the best-known super-PAC among the subset of mocking groups that have sprung up this election cycle. But it’s no longer the best-funded one, another group claims. CREDO super-PAC announced in a press...
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Photograph by Tech. Sgt. Jacob N. Bailey/U.S. Air Force via Bloomberg
The Pentagon is visible from a V-22 Osprey tiltrotor aircraft carrying Secretary of Defense Leon Panetta in Arlington, Virginia.
DOD Not Planning for Impending Sequestration
Sequestration is set to begin in January. That is unless the Democratic Senate, White House and Republican Congress can agree on a way around it. Compromise efforts haven’t been going very smoothly so far with Republicans opposing any revenue increases...
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Photograph by Joe Raedle/Getty Images
Supporters for President Barack Obama and Mitt Romney argue before a Romney campaign event on June 16, 2012 in Cornwall, Pennsylvania.
Nonprofits That Hide Donors Also Hide Truth, Annenberg Center Says
Those nonprofit groups running political ads aren’t only hiding their donors — they’re hiding the truth as well. So says the Annenberg Public Policy Center at the University of Pennsylvania, which found that 85 percent of the money spent by...
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