Political Capital

Economy

President Barack Obama delivers remarks on the economy at the Uptown Theater in Kansas City, Missouri, July 230, 2014.

Photograph by Jim Watson/AFP via Getty Images

President Barack Obama delivers remarks on the economy at the Uptown Theater in Kansas City, Missouri, July 230, 2014.

Obama to House: ‘Stop Just Hatin”

“Come on,” President Barack said today, as the House advances a resolution authorizing a lawsuit against him alleging overreach in executive actions. “Stop being mad all the time,” Obama said in a rhetorical shout-out to Capitol Hill from a campaign-styled...

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Shoppers are reflected in a mirror during the grand opening of the Hennes & Mauritz AB flagship store in New York on July 17, 2014.

Photograph by Victor J. Blue/Bloomberg

Shoppers are reflected in a mirror during the grand opening of the Hennes & Mauritz AB flagship store in New York on July 17, 2014.

Bloomberg by the Numbers: 90.9

The Conference Board’s consumer confidence index rose to 90.9 this month, the highest since October 2007. The index rose from a revised 86.4 in June. “Obviously the 2.5 million jobs the economy racked up in the last year is making...

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Representative Paul Ryan, a Republican from Wisconsin.

Photograph by Andrew Harrer/Bloomberg

Representative Paul Ryan, a Republican from Wisconsin.

Ryan’s New Poverty Plan — ‘Schizo Steroids:’ Van Hollen

Democrats are attacking an ambitious anti-poverty plan from Rep. Paul Ryan by essentially questioning his credibility. And the former vice presidential candidate welcomes it. Ryan, who’s considering a presidential campaign in 2016, pitched his new plan yesterday promising “not a...

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U.S. Vice President Joe Biden, center, buys an ice-cream at a shop as he tours a Hutong alley with his granddaughter Finnegan Biden, right, and son Hunter Biden, left on Dec. 5, 2013 in Beijing.

Photograph by Andy Wong-Pool/Getty Images

U.S. Vice President Joe Biden, center, buys an ice-cream at a shop as he tours a Hutong alley with his granddaughter Finnegan Biden, right, and son Hunter Biden, left on Dec. 5, 2013 in Beijing.

Biden: Shoulda’ Had One Republican Rich Kid

“I should have had one Republican kid who’d grow up to make money,” Vice President Joe Biden said today, spurred by his audience’s laughter to add: “so when they put me in a home, I get a window with a...

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President Barack Obama disembarks from Air Force One at the Los Angeles International airport on July 23, 2014.

Photograph by Jewel Samad/AFP via Getty Images

President Barack Obama disembarks from Air Force One at the Los Angeles International airport on July 23, 2014.

Obama’s Five-Point Party Pitch — Pelosi Suggests Stepping it Up

He may not be looking so great these days, President Barack Obama says, but the economy is looking up. The political picture in Washington remains bleaker, however, the president said in a pitch today to some of his party’s top...

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A couple cools off with ice cream in front of a display of a butter cow and calf, made from 2,100 pounds of butter, at the Ohio State Fair in Columbus, in this Aug. 3, 2006 file photo.

Photograph by Gary Gardiner/Bloomberg

A couple cools off with ice cream in front of a display of a butter cow and calf, made from 2,100 pounds of butter, at the Ohio State Fair in Columbus, in this Aug. 3, 2006 file photo.

Butter Cow Has Competition: Butter Menagerie

Even better than the fried salad on a stick and funnel cakes on sale at the annual Iowa State Fair: The display of the legendary Butter Cow. This year, the theme is “Field of Dreams” - honoring the 25th anniversary...

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Potential home buyers attend an open house in Seattle on July 20, 2014.

Photograph by Mike Kane/Bloomberg

Potential home buyers attend an open house in Seattle on July 20, 2014.

Bloomberg by the Numbers: 5.04 Million

Sales of previously owned U.S. homes rose 2.6 percent to a 5.04 million annual rate in June. That’s the highest level in eight months, according to data from the National Association of Realtors. “Historically low interest rates and smaller price...

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Shoppers in New York City.

Photograph by Atisha Paulson/Bloomberg

Shoppers in New York City.

Bloomberg by the Numbers: 34.7

A weekly buying-climate gauge rose to 34.7 on a zero-to-100 scale in the week ended July 13. That’s the best reading for the buying-climate sub-index since late April, and the second-strongest since November 2007, according to Langer Research Associates. It...

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