Political Capital

Posts tagged: economy

Shoppers at a dealership in New York City.

Photograph by Spencer Platt/Getty Images

Shoppers at a dealership in New York City.

Bloomberg by the Numbers: -30.1

The Bloomberg Consumer Comfort Index averaged minus 30.1 in the first three months of this year. That’s the strongest first-quarter rating for the consumer sentiment gauge since 2007, before the biggest economic downturn since the Great Depression took hold. The...

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Job seekers at a job fair in New York on Jan. 16, 2014.

Photograph by Victor J. Blue/Bloomberg

Job seekers at a job fair in New York on Jan. 16, 2014.

Brookings Papers Turn Conventional Wisdom on Its Head

As The Brookings Institution holds its Spring 2014 Papers on Economic Activity conference, a summary of some interesting findings: One in three American households live hand-to-mouth, spending every disposable penny they make. Two-thirds of them aren’t poor, a paper by...

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People cross a slushy Park Avenue on Feb. 18, 2014 in New York City.

Photograph by John Moore/Getty Images

People cross a slushy Park Avenue on Feb. 18, 2014 in New York City.

Income Taxes May Mean Economy Hasn’t Taken Much of a Weather Hit

The weather has helped produce some pretty weak readings of economic activity — that much even Federal Reserve Chair Janet Yellen has admitted. Federal tax receipts, however, are showing a picture of stronger growth. Income and payroll tax collection data...

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Job seekers line up for the Recruit Military veteran job fair in San Diego on Feb. 27, 2014.

Photograph by Sam Hodgson/Bloomberg

Job seekers line up for the Recruit Military veteran job fair in San Diego on Feb. 27, 2014.

Bloomberg by the Numbers: 63%

The labor force participation rate of 63 percent in January underscores how the job market has recovered slowly and partially since a deep recession ended in 2009. The labor force participation rate — the share of people who are 16...

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George Osborne, U.K. chancellor of the exchequer, during a Group-of-20 Finance Ministers and Central Bank Governors meeting in Sydney on Feb. 23, 2014.

Photograph by Ian Waldie/Bloomberg

George Osborne, U.K. chancellor of the exchequer, during a Group-of-20 Finance Ministers and Central Bank Governors meeting in Sydney on Feb. 23, 2014.

Bloomberg by the Numbers: $2 Trillion

The Group of 20 nations will develop “ambitious but realistic” policies to increase collective gross domestic product by more than $2 trillion, or 2 percent, above the current baseline for the next five years. While the U.S., United Kingdom, Japan...

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The Dah Chong Hong Commercial Centre is reflected in a taxi's rear window in the Quarry Bay district of Hong Kong.

Photograph by Brent Lewin/Bloomberg

The Dah Chong Hong Commercial Centre is reflected in a taxi's rear window in the Quarry Bay district of Hong Kong.

Bloomberg by the Numbers: $31.9 Billion

That’s China’s trade surplus — in January. It is the widest gap between imports and exports reported by Beijing in a January since 2009. Yet, the growth projected for China’s economy this year marks the slowest pace in 24 years....

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Christine Lagarde. left, Catherine Levy, and Francois Delattre.

Photograph by Stephanie Green/Bloomberg

Christine Lagarde. left, Catherine Levy, and Francois Delattre.

Lagarde: ‘Guardedly Optimistic’ on Global Economy, Self-Confident in Leadership

Updated with fundraising total, Feb. 6 at 1:40 pm EST Christine Lagarde, the International Monetary Fund’s managing director, was held accountable last night — by a room full of teenagers. “How did you do it?” asked Sarah Curtis, an eleventh-grader...

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A model of a Eurocopter EC145 helicopter on display during the Monaco Yacht Show in France.

Photograph by Balint Porneczi/Bloomberg

A model of a Eurocopter EC145 helicopter on display during the Monaco Yacht Show in France.

Toys for the Rich Did Well in 2013

If you had money in the stock market in 2013, you probably had a good year. And given that the top 1 percent of households own about 35 percent of equity and mutual funds, rich people had a very good...

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Customers pre-pay for Xbox One video games consoles at Best Buy Co. sales counters in Los Angeles.

Photograph by Patrick T. Fallon/Bloomberg

Customers pre-pay for Xbox One video games consoles at Best Buy Co. sales counters in Los Angeles.

Cheap Dream Home Theater Systems Make for Best Buy Nightmare

Price cuts are making that dream home theater system with surround sound and a big-screen TV a reality for more Americans. For Best Buy, they’ve become a nightmare. Shares of the electronics retailer have plunged today by the most in...

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Viewed through the opening of a promotional poster, a manager serves a customer at a Wendy's in Dublin, Ohio.

Photograph by Jay LaPrete/Bloomberg

Viewed through the opening of a promotional poster, a manager serves a customer at a Wendy's in Dublin, Ohio.

Making Baconators Not the Best Route to Financial Health

If you ever want a shot at earning an annual salary of $70,000 or more, the odds are slim if you have Wendy’s on your resume. An employee whose work experience includes a stint at the home of the Baconator...

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