Photograph by Pete Marovich/Zuma Press
Activists await a ruling from the U.S. Supreme Court on the controversial Patient Protection and Affordable Care Act in Washington on June 25, 2012.
In any campaign, swift reaction is essential. But there’s more than “reax” in the hyperventilated news cycles of the 2012 campaign. There’s also “preax.” As Bloomberg’s Julie Davis reports from the road today, Republican Mitt Romney today has issued his...
Read more »
Photograph by Jim Wilson/The New York Times via Redux
Skateboarders in a pool behind a house in foreclosure in Fresno, California.
What do public universities and litigation over faulty drywall have in common? Both have been deemed appropriate uses of money set aside for the states to help their citizens recover from the housing crises, according to a study by Bloomberg...
Read more »
Photograph by Mark Makela/In Pictures/Corbis
A Mitt Romney supporter in Chantilly, Virginia.
It’s still more than four months until Election Day, and campaign ads are already dominating the television airwaves in the battleground state of Virginia, where President Barack Obama and his Republican rival Mitt Romney are vying to tarnish each other’s...
Read more »
Photograph by Jewel Samad/AFP/Getty Images
A President Barack Obama supporter in Des Moines, Iowa.
That’s how much super-political action committees have raised thus far in the 2012 election cycle, according to the Center for Responsive Politics, a nonpartisan group in Washington that tracks political giving. Super-PACs grew out of a series of regulatory and...
Read more »
Photograph by Nelson Ching/Bloomberg
Yuan notes in Beijing.
For all the campaign talk of taking U.S. money — and jobs — overseas, consider this data: The value of foreign investments in the United States at the end of 2011 continued to exceed the value of U.S. investments abroad....
Read more »
Photograph by Raul Vasquez/Bloomberg
Coca-Cola in Beijing.
Labels are golden in politics, if they stick. The Obama campaign has one for Mitt Romney: “Outsourcer-in-Chief.” “Does Virginia really want an outsourcer-in-chief in the White House?” the narrator of a new Obama re-election campaign ad asks. In Virginia —...
Read more »
Photograph by Peter Foley/Bloomberg
Stephen Schwarzman, chairman and chief executive officer of Blackstone Group LP.
In a year when political ads attacking private equity are becoming the norm, the chief of the world’s largest buyout firm has some blunt words for his peers. “I think the industry has done a miserable job of marketing,” Blackstone...
Read more »
Photograph by Matt McClain for The Washington Post via Getty Images
Gustavo Salazar, left, and Blake Sutherland, right, argue outside the U.S. Supreme Court as people on both sides of Arizona Senate Bill 1070 demonstrated.
Mitt Romney, in Arizona for campaign fundraisers, issued a guarded response to yesterday’s Supreme Court decision voiding most of the state’s crackdown on illegal immigration, highlighting the political peril for the presumed Republican presidential nominee on the issue. For Romney,...
Read more »
Photograph by Marvin Joseph/The Washington Post via Getty Images
Representative Charlie Rangel celebrates his 82nd birthday with friends and colleagues at a party held for him in Washington on June 20, 2012.
It’s not just a story of a younger politician edging out a senior one who’s served his time. When New Yorkers in Upper Manhattan and part of the Bronx choose today between incumbent Representative Charlie Rangel and insurgent Adriano Espaillat,...
Read more »
Photograph by Justin Sullivan/Getty Images
A gasoline delivery to a station on June 12, 2012 in San Anselmo, California.
Median income. Mortgage foreclosures. Unemployment. There are all sorts of economic indicators. Yet the one most visible to most people is attached to the other end of a debit card at a gas pump. And a few days into the...
Read more »
