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Economy

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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Former Florida Gov. Jeb Bush on Feb. 24, 2014 in Woodbury, New York.

Photograph by Andy Jacobsohn/Getty Images

Former Florida Gov. Jeb Bush on Feb. 24, 2014 in Woodbury, New York.

Britton Hill: A New Bush Hurdle?

Britton Hill is the highest hill in Florida. That’s surely not saying much in a state where the tallest elevation reaches 345 feet above sea level — the lowest high-point of any American state. Even Washington, D.C., has a higher...

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A retiree attends a Senior Information & Resource Fair in South Gate, California.

Photograph by Robyn Beck/AFP via Getty Images

A retiree attends a Senior Information & Resource Fair in South Gate, California.

Bloomberg by the Numbers: 26%

Federal spending is projected to rise to 26 percent of gross domestic product in 2039 from 21 percent in 2013, according to the Congressional Budget Office. Increased spending for Social Security, Medicare, Medicaid, children’s health programs and subsidies for medical...

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