Political Capital

Economy

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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Lifeguards survey the crowded waters at Horseneck Beach in Westport, Mass, on July 6, 2014.

Photograph by Dina Rudick/The Boston Globe via Getty Images

Lifeguards survey the crowded waters at Horseneck Beach in Westport, Mass, on July 6, 2014.

Summer Jobs? Try a Marina

Summertime, and the employment’s easy — in some places. In a display that has the feel of a vital-signs monitor in some hospital ward, the Bureau of Labor Statistics reports a pretty healthy pulse of summer employment gains in certain...

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