Political Capital

Posts tagged: economy

U.S. President Barack Obama enters the Brady Press Briefing Room on Aug. 1, 2014 in Washington, DC.

Photograph by Chip Somodevilla/Getty Images

U.S. President Barack Obama enters the Brady Press Briefing Room on Aug. 1, 2014 in Washington, DC.

Obama: ‘What More Can You Do?’

“The nature of being president is that you’re always asking yourself, `What more can you do?”’ President Barack Obama said today. “Short of going to war,” there is little more the U.S. can do to dissuade Russian President Vladimir Putin...

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President Barack Obama delivers remarks on the economy at the Uptown Theater in Kansas City, Missouri, July 230, 2014.

Photograph by Jim Watson/AFP via Getty Images

President Barack Obama delivers remarks on the economy at the Uptown Theater in Kansas City, Missouri, July 230, 2014.

Obama to House: ‘Stop Just Hatin”

“Come on,” President Barack said today, as the House advances a resolution authorizing a lawsuit against him alleging overreach in executive actions. “Stop being mad all the time,” Obama said in a rhetorical shout-out to Capitol Hill from a campaign-styled...

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Shoppers are reflected in a mirror during the grand opening of the Hennes & Mauritz AB flagship store in New York on July 17, 2014.

Photograph by Victor J. Blue/Bloomberg

Shoppers are reflected in a mirror during the grand opening of the Hennes & Mauritz AB flagship store in New York on July 17, 2014.

Bloomberg by the Numbers: 90.9

The Conference Board’s consumer confidence index rose to 90.9 this month, the highest since October 2007. The index rose from a revised 86.4 in June. “Obviously the 2.5 million jobs the economy racked up in the last year is making...

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US President Barack Obama meets with Kinsey Button, a student at the University of Texas who wrote a letter to the president in January explaining her family's struggle to lead a middle class life when both of her parents lost their jobs, at a restaurant in Austin, Texas, on July 10, 2014.

Photograph by Jewel Samad/AFP via Getty Images

US President Barack Obama meets with Kinsey Button, a student at the University of Texas who wrote a letter to the president in January explaining her family's struggle to lead a middle class life when both of her parents lost their jobs, at a restaurant in Austin, Texas, on July 10, 2014.

Lunch — Make that Coffee — With Obama

Updated at 2:05 p.m. When 20-year-old Kinsey Button went to have lunch with the president of the United States at Magnolia Cafe in Austin, Texas, she probably expected to get a meal. And maybe she did. But not under the watchful...

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Production assembly mechanic Arvilla Minnich installs a safety cable on a CFM56-7 jet engine at General Electric Co.'s GE Aviation factory in Cincinnati, Ohio, on June 25, 2014.

Photograph by Luke Sharrett/Bloomberg *

Production assembly mechanic Arvilla Minnich installs a safety cable on a CFM56-7 jet engine at General Electric Co.'s GE Aviation factory in Cincinnati, Ohio, on June 25, 2014.

White House: Best New-Jobs Streak Since 1939

In relentless pursuit of good economic news, today’s monthly employment report has given the White House some cause for smiles. American auto industry added 463,100 jobs over 5 yrs; best growth since 90s. June also best auto sales since ’06....

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A bricklayer moves scaffolding at a construction site for single-family townhouses in Glenview, Illinois.

Photographer: Tim Boyle/Bloomberg

A bricklayer moves scaffolding at a construction site for single-family townhouses in Glenview, Illinois.

Bloomberg by the Numbers: 28%

That’s the share of public construction as a share of total construction. The Census Bureau reports $953.5 billion in construction was put in place in the U.S. in April, and $267 billion of that was spent by governments. The survey...

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Home construction in Wesley Chapel, Florida.

Photograph by Ty Wright/Bloomberg

Home construction in Wesley Chapel, Florida.

Bloomberg by the Numbers: 49

The National Association of Home Builders sentiment gauge rose to 49 this month from 45. It’s the biggest jump in the index since last July, as Bloomberg’s Shobhana Chandra reports here. “That long and harsh winter, which seemed to have...

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