Political Capital
Technicians stand in front of a large television screen as it displays footage of cookies bearing the image of President Barack Obama prior to an election night rally in Chicago, Illinois, on Nov. 6, 2012.

Photograph by Daniel Acker/Bloomberg

Technicians stand in front of a large television screen as it displays footage of cookies bearing the image of President Barack Obama prior to an election night rally in Chicago, Illinois, on Nov. 6, 2012.

Obama, Romney Vote Totals Still Changing

Six months after the 2012 presidential election, you’d think we’d know for sure how many votes President Barack Obama and Republican challenger Mitt Romney received. It turns out, though, that exact numbers are still elusive because of late revisions to...

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Pedestrians carrying shopping bags cross the street in the Georgetown neighborhood of Washington, D.C.

Photograph by Andrew Harrer/Bloomberg via Getty Images

Pedestrians carrying shopping bags cross the street in the Georgetown neighborhood of Washington, D.C.

Consumer Spending Off to Unexpected Good Start

Americans shopped for more clothing, electronics and sporting goods and frequented more restaurants in April, leading to an unexpected 0.1 percent gain in total receipts, according to a Commerce Department report. Economists today raised tracking estimates for consumer spending for the...

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Prince Harry talks to staff Sergeant Timothy Payne, right, during his visit to the Military Advanced Training Center at Walter Reed National Military Medical Center treating wounded soldiers undergoing physical therapy on May 10, 2013 in Bethesda, Maryland.

Photograph by John Stillwell - Pool /Getty Images

Prince Harry talks to staff Sergeant Timothy Payne, right, during his visit to the Military Advanced Training Center at Walter Reed National Military Medical Center treating wounded soldiers undergoing physical therapy on May 10, 2013 in Bethesda, Maryland.

Washington Daybook: Coming and Going

With nice weather comes the visitors. U.K. Prime Minister David Cameron follows Prince Harry in town today. Cameron meets with President Barack Obama at the White House. Later, Obama heads to New York where he’ll headline a $32,400-a-person evening fundraiser...

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A bilingual sign stands outside a polling center in Texas.

Photograph by by John Moore/Getty Images

A bilingual sign stands outside a polling center in Texas.

Bloomberg by the Numbers: 48%

That’s the share of eligible Hispanics who voted in the 2012 presidential election. The voter turnout rate among Hispanics — a burgeoning bloc that leans Democratic — fell from 49.9 percent in 2008, when President Barack Obama won his first...

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Tea Party supporters cheer at the Tea Party Unity Rally ahead of the Republican National Convention, in Tampa, Florida.

Photograph by Robyn Beck/AFP via Getty Images

Tea Party supporters cheer at the Tea Party Unity Rally ahead of the Republican National Convention, in Tampa, Florida.

IRS Apology Draws Twitter Scorn

The Internal Revenue Service apologized for extra scrutiny of Tea Party groups this morning, sending Washington into a Twitter tizzy. Lois Lerner, the IRS’s director of exempt organizations, said at a conference the tax agency improperly flagged some anti-tax groups for...

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Jacob "Jack" Lew, U.S. treasury secretary, arrives to attend the Group of Seven (G-7) finance ministers and central bank governors meeting at Hartwell House in Aylesbury, U.K., on May 10, 2013.

Photograph by Simon Dawson/Bloomberg

Jacob "Jack" Lew, U.S. treasury secretary, arrives to attend the Group of Seven (G-7) finance ministers and central bank governors meeting at Hartwell House in Aylesbury, U.K., on May 10, 2013.

Lew Urges G-7 to Focus on Growth

U.S. Treasury Secretary Jacob J. Lew took his plea for stronger global economic growth to a British country house hotel where Louis XVIII, the exiled king of France, stayed for five years. Lew is urging Group of Seven finance ministers...

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Prince Harry with first lady Michelle Obama during an event to honor military families at the White House on May 9, 2013 in Washington, DC.

Photograph by Mark Wilson/Getty Images

Prince Harry with first lady Michelle Obama during an event to honor military families at the White House on May 9, 2013 in Washington, DC.

Washington Daybook: Harrymania

Prince Harry was the subject of so many photographs by young, female Capitol Hill staffers during his visit yesterday that London’s Daily Telegraph diagnosed Washington with a case of “Harrymania.” The doctors, nurses and veterans at the Walter Reed Military...

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German Federal Minister of Finance, Wolfgang Schauble, left, Britain's Chancellor of the Exchequer, George Osborne, center, Managing Director of the International Monetary Fund (IMF), Christine Lagarde, and Canadian Minister of Finance Jim Flaherty during a question answer session on the challenges facing the global economy at the the Global Investment Conference in London on May 9, 2013.

Photograph by Stefan Rousseau/Pool

German Federal Minister of Finance, Wolfgang Schauble, left, Britain's Chancellor of the Exchequer, George Osborne, center, Managing Director of the International Monetary Fund (IMF), Christine Lagarde, and Canadian Minister of Finance Jim Flaherty during a question answer session on the challenges facing the global economy at the the Global Investment Conference in London on May 9, 2013.

Bloomberg by the Numbers: 511

That’s the number of global interest-rate cuts since June 2007. The Group of Seven finance ministers and central bank governors — from the United States, United Kingdom, France, Germany, Italy, Canada and Japan — will meet today and tomorrow in...

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