Political Capital
Welders work on a joint between two sections of pipe during construction of the Gulf Coast Project pipeline in Prague, Oklahoma, on March 11, 2013.

Photograph by Daniel Acker/Bloomberg

Welders work on a joint between two sections of pipe during construction of the Gulf Coast Project pipeline in Prague, Oklahoma, on March 11, 2013.

Bloomberg by the Numbers: 32

That’s how many consecutive months U.S. nonfarm payrolls have climbed. Payrolls rose a higher-than-forecast 175,000 in May, according to Labor Department figures released June 7. The economy has added about 5.7 million jobs during the previous 32 months, at an...

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The National Security Agency (NSA) headquarters at Fort Meade, Maryland, as seen from the air, January 29, 2010.

Photograph by Saul Loeb/AFP via Getty Images

The National Security Agency (NSA) headquarters at Fort Meade, Maryland, as seen from the air, January 29, 2010.

PRISM ‘Targeted,’ Not Data-Mining — Disrupts Terrorism, DNI Reports

For all the denials of American Internet powerhouses that the federal government has been rummaging through their drawers — in this case, servers — the key search word in this discussion is “direct” access. As in Google CEO Larry Page’s...

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Samantha Power, senior director of multilateral affairs with the U.S. National Security Council and President Barack Obama's nominee as ambassador to the United Nations, looks on as Obama makes the announcement in the Rose Garden of the White House in Washington, D.C., on June 5, 2013.

Photograph by Andrew Harer/Bloomberg

Samantha Power, senior director of multilateral affairs with the U.S. National Security Council and President Barack Obama's nominee as ambassador to the United Nations, looks on as Obama makes the announcement in the Rose Garden of the White House in Washington, D.C., on June 5, 2013.

Graham: Power ‘Solid’ UN Choice

Remember all that predicted Republican opposition to Samantha Power, President Barack Obama’s nominee for U.S. ambassador to the United Nations? Forget it, as far as South Carolina Sen. Lindsey Graham is concerned. Graham and fellow Republican John McCain of Arizona...

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Vivek "Vic" Gundotra, senior vice president of engineering at Google Inc., speaks during the Google I/O Annual Developers Conference in San Francisco, California, on May 15, 2013.

Photograph by David Paul Morris/Bloomberg

Vivek "Vic" Gundotra, senior vice president of engineering at Google Inc., speaks during the Google I/O Annual Developers Conference in San Francisco, California, on May 15, 2013.

Google, Facebook: No ‘Direct’ Government Access to Servers

Updated at 5:55 pm EDT Google, one of the Internet powers named in government documents about the surveillance of email which President Barack Obama says is limited to foreign nationals, has issued a fairly blanket denial of involvement. Facebook’s Mark...

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A supporter during ''Rally For America'' where several thousand people  from several states gathered in downtown Las Vegas to show their support for immigration reform in the United States.  Several dozen speakers including Senate Majority Leader Harry Reid lent their support.

Photograph by David Becker/Zuma Press

A supporter during ''Rally For America'' where several thousand people from several states gathered in downtown Las Vegas to show their support for immigration reform in the United States. Several dozen speakers including Senate Majority Leader Harry Reid lent their support.

Harry Reid: ‘My’ Immigration Plans

So the Senate, at last, is ready to take up a bipartisan immigration bill, the result of months of negotiations among eight senators of both parties — including most notably Republican Marco Rubio of Florida and Democrat Chuck Schumer of...

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People walk by a Verizon advertisement on June 7, 2013 in New York City.

Photograph by Spencer Platt/Getty Images

People walk by a Verizon advertisement on June 7, 2013 in New York City.

Manchin Challenges Obama on Surveillance

Senator Joe Manchin of West Virginia is breaking with a fellow Democrat, President Barack Obama, over the administration’s broad surveillance of telephone calls and Internet usage. “It bothers me, and I think it bothers you and every other American,” Manchin...

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President Barack Obama in Dublin, Ireland.

Photograph by Carl De Souza/AFP via Getty Images

President Barack Obama in Dublin, Ireland.

Obama on Surveillance: ‘On Net, It Was Worth Doing’

Nobody is listening to your telephone calls, President Barack Obama told the American public today, speaking of the government’s gathering of phone records. And no one is looking at the emails of U.S. citizens or people living in the United...

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Rep. John Dingell on Capitol Hill in this 2005 file photo.

Photograph by Dennis Cook/AP Photo

Rep. John Dingell on Capitol Hill in this 2005 file photo.

John Dingell by the Numbers

Rep. John Dingell today becomes the longest-serving member of Congress in history, a milestone noted by political luminaries including President Barack Obama, who was born about six years after the Michigan Democrat began serving in December 1955. Here’s a look...

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Job seekers wait in line to meet with employers at the 25th Annual CUNY big Apple Job and Internship Fair at the Jacob Javits Convention Center on April 26, 2013 in New York City.

Photograph by Spencer Platt/Getty Images

Job seekers wait in line to meet with employers at the 25th Annual CUNY big Apple Job and Internship Fair at the Jacob Javits Convention Center on April 26, 2013 in New York City.

Unemployment Rate Increase: Growing Worker Confidence?

Unemployment rose to 7.6 percent in May — and economists say that, counter-intuitively, that’s a sign of a U.S. labor market on the mend. About 420,000 people joined the workforce last month, the biggest gain in seven months, figures from...

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A Sikorsky S-64 Aircrane firefighting helicopter drops water on a hotspot burning close to homes near Horsetooth Reservoir June 11, 2012 near Laporte, Colorado.

Photograph by Marc Piscotty/Getty Images

A Sikorsky S-64 Aircrane firefighting helicopter drops water on a hotspot burning close to homes near Horsetooth Reservoir June 11, 2012 near Laporte, Colorado.

Neptune Withdraws Contract Protest for Firefighting Air Tankers

Neptune Aviation Services has withdrawn its protest of a U.S. Forest Service contract, allowing the agency to purchase seven air tankers, according to Mike Saccone, spokesman for Sen. Mark Udall. The contract is valued at about $60 million over five years. Udall, a Colorado...

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