Was Vice President Joe Biden showing his hand — and thus the administration’s — on the Keystone Pipeline? A Sierra Club volunteer in South Carolina says Biden appeared to indicate his opposition to TransCanada Corp.’s Keystone XL in a brief conversation with her...
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Photographer: Andrew Harrer/Bloomberg
Joe Biden
Biden Showing White House’s Hand on Keystone?
Photograph by Matt York/AP Photo
Allen Harding, of Armasight, demonstrates his products on March 12, 2013 at the Border Security Expo in Phoenix. More than 180 companies are exhibiting their security products despite automatic spending cuts that are affecting every federal government agency due to the government sequestration.
Biggest Sequestration Hit: Next Qtr
Most economists project the second quarter will take the biggest hit from the mandated cuts in federal government spending, or sequestration. Economists at Goldman Sachs Group think the worst is yet to come. The topic of how much the economy...
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Photograph by David Paul Morris/Bloomberg
Workers assemble American Giant sweatshirts inside the SFO Apparel Co. in Brisbane, California, on May 1, 2013.
Productivity Cooling as U.S. Awaits Next Big Thing
If you were only looking at productivity data, you’d assume the U.S. was still in an economic slump. Employee output per hour grew at an average 0.7 percent annual rate over the past 12 quarters, which economists at JPMorgan Chase...
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Photograph by Spencer Platt/Getty Images
A trader on the floor of the New York Stock Exchange at the end of the trading day on May 7, 2013.
Bloomberg by the Numbers: 15,056.2
That’s where the Dow Jones Industrial Average closed yesterday, marking the first time the index finished above 15,000. The Dow, a price-weighted average of 30 blue-chip stocks, rose 87.31 points. The Standard and Poor’s 500 Index rose 0.5 percent to...
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Photograph by Andrew Harrer/Bloomberg
A job seeker hands his resume to a recruiter at a National Career Fairs job fair in Arlington, Virginia.
Bank Lending = Company Hiring = Gains
When banks lend more readily, U.S. companies hire more readily. That explains why economists at UBS Securities LLC in Stamford, Connecticut, look for a pickup in employment this year and next. Using a model that compares current hiring with how...
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Photograph by Spencer Platt/Getty Images
Job seekers wait to speak to representatives of employers at a job fair at the Jewish Community Center in Manhattan on March 6, 2013 in New York City.
March Job Openings Confirm Downshift
The Labor Department’s report on job openings today basically confirmed what we already knew — the job market cooled in March. The slowdown in payroll gains, however, reflected more than just less hiring as the report also showed firings picked...
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Photograph by Kevork Djansezian/Getty Images
Former first lady and Secretary of State Hillary Rodham Clinton speaks with her husband former president Bill Clinton as they attend the opening ceremony of the George W. Bush Presidential Center on April 25, 2013 in Dallas, Texas.
Bill Clinton: Hillary 2016 Speculation Waste of Time
Bill Clinton says it’s a waste of time to speculate about his wife’s ambitions for 2016. “That is the worst expenditure of our time,” the former president said today at a 2013 Fiscal Summit sponsored by the Peterson Foundation. Hillary...
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Photograph by Tomohiro Ohsumi/Bloomberg
A bitcoin.
Help Wanted: Bitcoin, 3-D Printing, Google Glass
Need a job? Try programming a gambling website that accepts the virtual currency Bitcoin, or creating computer blueprints of the objects that get printed on a 3-D printer. While last week’s Labor Department report showed U.S. job creation has been moderate at best,...
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Photograph by John Moore/Getty Images
A housing development on May 3, 2013 in Denver, Colorado.
Americans See Homes as Way to Save Not Spend
Cash-in has replaced cash-out as the strategy of choice for homeowners refinancing their mortgages. Rather than using their properties as ATM machines to boost spending, homeowners increasingly are paying down the principal and shortening the maturities of their mortgages in...
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Photograph by Joe Raedle/Getty Images
People looking for work stand in line during a job fair at the Miami Dolphins Sun Life stadium on May 2, 2013 in Florida.
Fed Holding Benchmark Rate Near Zero Until 2016: Analysts
The Federal Reserve will hold its benchmark interest rate near zero, where it has been since December 2008, until early 2016 even as the jobless rate falls. That’s the conclusion of economists at Goldman Sachs Group Inc. in New York....
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Contributors
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Al Hunt
is a columnist for Bloomberg View and host of the weekly show "Political Capital with Al Hunt" on Bloomberg TV. -
Mark Silva
is deputy managing editor for government news in Washington and editor of Political Capital. He has covered the White House and national politics. -
Emma Fidel
is political editor for Bloomberg.com in Washington. She previously covered financial regulation as a Bloomberg intern. -
Don Frederick
edits political and government coverage for Bloomberg News. He previously worked for more than a decade at the Los Angeles Times' Washington bureau. -
Gregory Giroux
analyzes elections, financing of congressional and presidential elections, political advertising and demographics in Bloomberg's Washington Bureau. -
Julie Bykowicz
covers the influence of money and lobbying in Washington, and covered the state legislature and city crime for the Baltimore Sun for 10 years. -
Jonathan Salant
covers campaign finance and lobbying in Washington. He was president of the National Press Club and started in Washington in 1987. -
Richard Rubin
covers federal tax policy. He worked at Congressional Quarterly and The Charlotte Observer before joining Bloomberg News in 2010. -
Julie Hirschfeld Davis
is a senior political reporter for the Washington Bureau. She covered the 2012 campaign for Bloomberg News and previously covered the White House for the Baltimore Sun. -
Lisa Lerer
covers the White House and covered the 2012 campaign for Bloomberg News. She covered Congress, lobbying and the 2008 campaign for Politico. -
John McCormick
is a national political reporter looking forward to the 2016 presidential campaign, which will be the fifth he's covered. He's also reported for The Des Moines Register and Chicago Tribune. -
Julianna Goldman
covers the White House for Bloomberg News and Bloomberg Television. -
Hans Nichols
covers the White House for Bloomberg News and Bloomberg Television. -
Margaret Talev
covers the White House for Bloomberg News and covered the White House for McClatchy Newspapers. She has covered California and Florida politics. -
Cary O'Reilly
is Editor at Large at Bloomberg First Word and is Washington Daybook columnist for Bloomberg Government and Bloomberg News.
