Political Capital
New Jersey Governor Chris Christie speaks at a joint press conference on November 4, 2012 in Hoboken, New Jersey.

Photograph by Andrew Burton/Getty Images

New Jersey Governor Chris Christie speaks at a joint press conference on November 4, 2012 in Hoboken, New Jersey.

Christie Confronts 2016, Springsteen’s Bouncers, Fleece Jokes

The key to Chris Christie’s success? It must be the fleece. The New Jersey governor, a 50-year-old-old Republican who made headlines yesterday disclosing his secret weight-loss surgery, poked fun at his purported 2016 White House ambitions and the now-famous monogrammed...

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Workers assemble American Giant sweatshirts inside the SFO Apparel Co. in Brisbane, California, on May 1, 2013.

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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Senate Minority Whip Jon Kyl, a Republican from Arizona, second left, is surrounded by members of the media, as he walks through the Capitol in Washington, D.C., on Dec. 30, 2012.

Photograph by Pete Marovich/Bloomberg

Senate Minority Whip Jon Kyl, a Republican from Arizona, second left, is surrounded by members of the media, as he walks through the Capitol in Washington, D.C., on Dec. 30, 2012.

K Street Woos Ex-Lawmakers as Voters View Congress With Disdain

The revolving door between Capitol Hill and K Street keeps spinning, even as the general public doesn’t think highly of Congress. “Attitudes of the American public and their evaluation of Congress probably don’t align perfectly with that of K Street...

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A trader on the floor of the New York Stock Exchange at the end of the trading day on May 7, 2013.

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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Former South Carolina Gov. Mark Sanford and his fiancee, Maria Belen Chapur, at his primary election victory party.

Photograph by AP Photo

Former South Carolina Gov. Mark Sanford and his fiancee, Maria Belen Chapur, at his primary election victory party.

Sanford Hiking Washington Trail Again – For Real

So it wasn’t that close after all. Why would it have been, in a congressional district that Republican Mitt Romney carried by 18 percentage points in November. Because: – The Republican candidate who won, former Gov. Mark Sanford, went off...

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Campaign signs are stuck in a lawn as Elizabeth Colbert Busch speaks to media after casting her vote in a special election runoff with former South Carolina Gov. Mark Sanford for a seat in the 1st Congressional District on May 7, 2013 in Charleston, South Carolina.

Photograph by Mary Ann Chastain/Getty Images

Campaign signs are stuck in a lawn as Elizabeth Colbert Busch speaks to media after casting her vote in a special election runoff with former South Carolina Gov. Mark Sanford for a seat in the 1st Congressional District on May 7, 2013 in Charleston, South Carolina.

South Carolina Election Viewers’ Guide

Republican Mark Sanford and Democrat Elizabeth Colbert Busch faced the voters today in a special election in South Carolina’s 1st District in and around Charleston. Sanford, a former governor and congressman seeking a return to political life four years after...

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Two of four 1,060-foot catwalks connect to the 525-foot main tower from the eastern end of the San Francisco-Oakland Bay Bridge.

Photograph by Ryan Anson/Bloomberg

Two of four 1,060-foot catwalks connect to the 525-foot main tower from the eastern end of the San Francisco-Oakland Bay Bridge.

Jerry Brown Channels Forrest Gump

So dozens of over-sized bolts built into the soon-to-be-opened $6.4 billion San Francisco-Oakland Bay Bridge snapped when they were tightened earlier this year. What does California Gov. Jerry Brown have to say about it? “Look, s— happens,” Brown said when...

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FSA fighters clear a room in a newly conquered building along the front line of Sheikh Saeed a highly contested area of Aleppo, Syria, on March 18, 2013.

Photograph by Sebastiano Tomada/Sipa USA via AP Images

FSA fighters clear a room in a newly conquered building along the front line of Sheikh Saeed a highly contested area of Aleppo, Syria, on March 18, 2013.

Obama: ‘Not Doing Nothing’ in Syria

President Barack Obama is remembering Iraq. And the world, he says, will remember what the U.S. did about Osama bin Laden and Muammar Qaddafi. All of this has to do with the “red line” — the use of chemical weapons...

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A job seeker hands his resume to a recruiter at a National Career Fairs job fair in Arlington, Virginia.

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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A Facebook Inc. logo.

Photograph by Daniel Acker/Bloomberg

A Facebook Inc. logo.

Facebook Disliked: Environmentalists Challenge Ads for Senators

Facebook is getting disliked by environmental groups and progressive organizations such as Moveon.org in response to ads being run by affiliates of a group created by Facebook founder and chief executive Mark Zuckerberg. Moveon, Sierra Club and the League of Conservation...

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