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U.S. Rep. Peter Welch (D-VT) (3rd L), Rep. Chris Gibson (R-NY) (L), Rep. Rick Nolan (D-MN) (R) and Rep. Walter Jones (R-NC) (2nd L) prior to a news conference on Syria on June 27, 2013 on Capitol Hill.

Photograph by Alex Wong/Getty Images

U.S. Rep. Peter Welch (D-VT) (3rd L), Rep. Chris Gibson (R-NY) (L), Rep. Rick Nolan (D-MN) (R) and Rep. Walter Jones (R-NC) (2nd L) prior to a news conference on Syria on June 27, 2013 on Capitol Hill.

Primaries Deciding Races in Republican-Drawn Districts

Demographic shifts and the configuration of congressional districts have helped limit the number of politically competitive districts in the Nov. 4 elections. Many of these districts are so one-sided that victory in the party primary is tantamount to a general...

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The Bank of America Corp. branch in Charlotte, North Carolina.

Photograph by Davis Turner/Bloomberg

The Bank of America Corp. branch in Charlotte, North Carolina.

Bloomberg by the Numbers: $86.4 Billion

That’s how much could be raised over 10 years by a tax on banks and insurance companies that House Ways and Means Chairman Dave Camp plans to propose today as part of a federal tax code overhaul. The biggest U.S....

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Flower bouquets for delivery in the flower district in New York City.

Photograph by Spencer Platt/Getty Images

Flower bouquets for delivery in the flower district in New York City.

SEC Valentine’s Day: Hold the Flowers

There is still time to send Valentine’s flowers to your favorite officials at the Securities and Exchange Commission. And thanks to some quick action by the agency’s employees’ union, recipients might actually get them. In what even the regulator’s management...

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Congressional staff below a TV screen showing a perpetually increasing national debt as Janet Yellen, the new Federal Reserve Board chairwoman, appears before the House Financial Services Committee on Feb. 11, 2014.

Photograph by T.J. Kirkpatrick/Getty Images

Congressional staff below a TV screen showing a perpetually increasing national debt as Janet Yellen, the new Federal Reserve Board chairwoman, appears before the House Financial Services Committee on Feb. 11, 2014.

Reid Pushes Debt Vote Before Storm

Senate Majority Leader Harry Reid opened Senate proceedings today by calling for a vote on the debt-ceiling bill passed by the House last night. “”We should wrap this up today, Reid, a Nevada Democrat, said. “So I hope we can...

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The Dah Chong Hong Commercial Centre is reflected in a taxi's rear window in the Quarry Bay district of Hong Kong.

Photograph by Brent Lewin/Bloomberg

The Dah Chong Hong Commercial Centre is reflected in a taxi's rear window in the Quarry Bay district of Hong Kong.

Bloomberg by the Numbers: $31.9 Billion

That’s China’s trade surplus — in January. It is the widest gap between imports and exports reported by Beijing in a January since 2009. Yet, the growth projected for China’s economy this year marks the slowest pace in 24 years....

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Christine Lagarde. left, Catherine Levy, and Francois Delattre.

Photograph by Stephanie Green/Bloomberg

Christine Lagarde. left, Catherine Levy, and Francois Delattre.

Lagarde: ‘Guardedly Optimistic’ on Global Economy, Self-Confident in Leadership

Updated with fundraising total, Feb. 6 at 1:40 pm EST Christine Lagarde, the International Monetary Fund’s managing director, was held accountable last night — by a room full of teenagers. “How did you do it?” asked Sarah Curtis, an eleventh-grader...

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Workers apply fiberglass to an inboard speed boat mold at the Mastercraft Boat Co. factory in Vonore, Tennessee, on Feb. 4, 2014.

Photograph by Luke Sharrett/Bloomberg

Workers apply fiberglass to an inboard speed boat mold at the Mastercraft Boat Co. factory in Vonore, Tennessee, on Feb. 4, 2014.

Bloomberg by the Numbers: 3%

The federal budget deficit is projected to be 3 percent of gross domestic product in fiscal year 2014, barring changes to laws governing taxes and spending. That translates to a $514 billion deficit, according to a report the Congressional Budget...

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Ben S. Bernanke, chairman of the U.S. Federal Reserve, at the Brookings Institution in Washington, D.C., on Jan. 16, 2014.

Photograph by Andrew Harrer/Bloomberg

Ben S. Bernanke, chairman of the U.S. Federal Reserve, at the Brookings Institution in Washington, D.C., on Jan. 16, 2014.

Bernanke at Brookings: ‘Rescuer-in-Chief’ in Residence

Ben Bernanke reigned for two terms as chairman of the Federal Reserve and is widely credited for steering the American economy through its worst crisis since the Great Depression, of which he is a student. Bernanke has a new forum...

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Sean Eldridge at the State University of New York in New Paltz, N.Y. on May 30, 2013.

Photograph by Nathaniel Brooks/The New York times via Redux

Sean Eldridge at the State University of New York in New Paltz, N.Y. on May 30, 2013.

Steyer, Google’s Schmidt investing in Facebook Spouse’s House Race

Tom Steyer, the billionaire former hedge fund manager opposed to the Keystone XL pipeline, and Google Inc. executive chairman Eric Schmidt are aiding the House campaign of New York’s Sean Eldridge, a Democratic venture capitalist seeking to unseat Republican Rep....

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The Bitcoin Wallet smartphone app as a quick response (QR) code is displayed on the monitor of a cash register.

Photograph by Simon Dawson/Bloomberg

The Bitcoin Wallet smartphone app as a quick response (QR) code is displayed on the monitor of a cash register.

Can Bitcoin Save the Postal Service?

Written with Megan Hughes The U.S. Postal Service Inspector General’s office is looking at disruptive technologies to bolster the finances of the nation’s ailing post offices. The latest idea? Jump on the Bitcoin bandwagon. Possibilities include putting Bitcoin ATMs in...

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