Political Capital
The Louisville Cardinals celebrate after they won 82-76 against the Michigan Wolverines during the 2013 NCAA Men's Final Four Championship at the Georgia Dome on April 8, 2013 in Atlanta, Georgia.

Photograph by Andy Lyons/Getty Images

The Louisville Cardinals celebrate after they won 82-76 against the Michigan Wolverines during the 2013 NCAA Men's Final Four Championship at the Georgia Dome on April 8, 2013 in Atlanta, Georgia.

Louisville Alum McConnell is Smiling, Despite Cautionary Poll Numbers

Mitch McConnell often projects something of a pinch-faced persona as he concentrates, in his role as the Senate’s Republican leader, on thwarting Democratic initiatives. Today, though, he had reason to exude joy on the chamber’s floor. A proud graduate of the University of...

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Rows of homes at a housing development on March 6, 2013 in Mesa, Arizona.

Photograph by Justin Sullivan/Getty Images

Rows of homes at a housing development on March 6, 2013 in Mesa, Arizona.

Housing Rebound: Not Quite Yet

House prices are rising, and sales are picking up. If you ask Union Bank of Switzerland managing director Thomas Zimmerman, though, it’s too soon to celebrate a “full-fledged” housing rebound. “It’s surprised me how strong this market is. It’s not...

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A woman covers her face with her sweater in the heavy smog in Haozhou, central China's Anhui province.

Photograph by STR/AFP via Getty Images

A woman covers her face with her sweater in the heavy smog in Haozhou, central China's Anhui province.

Inhofe Can’t Budge an Admiral Who Says Climate Change Matters

North Korea’s threat to wage war was the No. 1 topic today when senators quizzed the head of the U.S. Pacific Command. Still, Sen. James Inhofe wouldn’t let the morning pass without a chance to attack those who think human...

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A job seeker holds his briefcase while waiting to see recruiters at a job fair in New York.

Photograph by Jin Lee/Bloomberg

A job seeker holds his briefcase while waiting to see recruiters at a job fair in New York.

State, Local Gov’ts: Help Wanted

News on the government front isn’t all bad, says Jonathan Basile, an economist at Credit Suisse in New York. Take today’s Labor Department figures, which showed job openings at state and local government agencies posted the fourth straight monthly gain...

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Members of the media are reflected in the window of the One World Trade Center observation deck as the Manhattan skyline stands in New York on April 2, 2013.

Photograph by Victor J. Blue/Bloomberg

Members of the media are reflected in the window of the One World Trade Center observation deck as the Manhattan skyline stands in New York on April 2, 2013.

Real Estate: Silver Lining of Cloudy Economy

While recent economic indicators, including a disappointing payrolls report last week, have spoiled the party of early-year gains, the nascent housing recovery may once again offer a reason for optimism elsewhere in the expansion. Retail office space and other commercial...

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Elizabeth Colbert Busch, left, sister of Comedian Stephen Colbert, during a campaign fundraiser breakfast at ILA Hall on February 24, 2013 in Charleston, South Carolina.

Photograph by Richard Ellis/Getty Images

Elizabeth Colbert Busch, left, sister of Comedian Stephen Colbert, during a campaign fundraiser breakfast at ILA Hall on February 24, 2013 in Charleston, South Carolina.

Colbert Busch: No ‘Party Line’

Elizabeth Colbert Busch won’t win a special election next month in South Carolina by playing up her affiliation with the Democratic Party. Seeking the seat in a Republican-tilting district in and around Charleston, the business development executive and older sister...

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Copies of the Fiscal Year 2014 Budget sit on a pallet at the U.S. Government Printing Office in Washington, D.C. on  April 8, 2013.

Photograph by Andrew Harrer/Bloomberg

Copies of the Fiscal Year 2014 Budget sit on a pallet at the U.S. Government Printing Office in Washington, D.C. on April 8, 2013.

Bush Debt Load Endorsed by Republicans Now Rejected

By Jonathan Nicholson When Republicans and Democrats describe each other’s budgets, a person could be forgiven for thinking the plans are as far apart as possible. Republicans say putting the budget into balance by 2023 is necessary to help get...

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Republican presidential candidate and former Massachusetts Gov. Mitt Romney greets Asian American supporters as he campaigns at Van Dyck park in Fairfax, Va., on Sept. 13, 2012.

Photograph by Charles Dharapak/AP Photo

Republican presidential candidate and former Massachusetts Gov. Mitt Romney greets Asian American supporters as he campaigns at Van Dyck park in Fairfax, Va., on Sept. 13, 2012.

RNC’s Asian-American Outreach: Hires

Jeb Bush has called Asian-Americans the canary in the Republican Party’s coal mine. Look past the 71 percent of Hispanic voters who sided with President Barack Obama in November, the Florida Republican has suggested, and one will find the 74...

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Robin Kelly celebrates her special primary election win in Matteson, Ill., for Illinois' 2nd Congressional District seat, once held by Jesse Jackson Jr.

Photograph by Charles Rex Arbogast/AP Photo

Robin Kelly celebrates her special primary election win in Matteson, Ill., for Illinois' 2nd Congressional District seat, once held by Jesse Jackson Jr.

Bloomberg by the Numbers: 77

That’s how many women presently serve in the U.S. House. The 77 women — 58 Democrats and 19 Republicans — account for 18 percent of the 432 members currently serving in the 435-seat chamber, which has three vacancies. The number...

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