Political Capital

Posts tagged: stocks

A coal-fired power station in Iwaki City, Fukushima Prefecture, Japan.

Photograph by Tomohiro Ohsumi/Bloomberg

A coal-fired power station in Iwaki City, Fukushima Prefecture, Japan.

McKibben: Holding Fossil Fuel Stock = Betting on Global Warming

Environmental activist Bill McKibben is asking people, institutions and governments to divest holdings of fossil fuel companies in a bid to avert the worst impacts of climate change. If companies and governments produce and burn all their reserves of coal...

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Job seekers speak with representatives at the Recruit Military veteran job fair in San Diego on Feb. 27, 2014.

Photograph by Sam Hodgson/Bloomberg

Job seekers speak with representatives at the Recruit Military veteran job fair in San Diego on Feb. 27, 2014.

Yellen: Meaning of ‘Some Time?’ — ‘Indirect Pushback’ Seen

It depends on what the meaning of  “some time” is. Federal Reserve Chair Janet Yellen got everyone’s attention — meaning the stock markets — when she said at a press conference on March 19 that the Fed might start raising...

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A visitor passes a large electronic screen displaying stock price information at the OAO Moscow Exchange in Russia.

Photograph by Andrey Rudakov/Bloomberg

A visitor passes a large electronic screen displaying stock price information at the OAO Moscow Exchange in Russia.

Bloomberg by the Numbers: 11%

Russia’s stock market plunged 11 percent yesterday, the biggest drop in more than five years. Moscow’s Micex index fell 155.90 points to 1288.81, the largest drop since November 2008, Stephen Kirkland and Callie Bost reported for Bloomberg News yesterday. “The...

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Customers at a Uniqlo Co. store in New York City.

Photograph by Victor J. Blue/Bloomberg

Customers at a Uniqlo Co. store in New York City.

Bloomberg by the Numbers: 2.9

Consumer comfort has taken a hit lately — at all economic strata: – The Bloomberg Consumer Comfort Index for Americans earning at least $100,000 per year was 2.9 in the week ended Feb. 2, the lowest among that group since...

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The cigarette counter at a CVS drugstore on Feb. 5, 2014 in Washington, DC.

Photograph by Karen Bleier/AFP via Getty Images

The cigarette counter at a CVS drugstore on Feb. 5, 2014 in Washington, DC.

Bloomberg by the Numbers: $2 Billion

CVS Caremark Corp. says its decision to stop selling tobacco products will cost about $2 billion a year in revenue. “Anytime a company puts public health and the long-term good ahead of short-term profit, it’s sort of an eye opener,”...

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A trader watches prices as monitors in the background show fireplaces on the floor of the New York Stock Exchange on Dec. 24, 2013.

Photograph by Stan Honda/AFP via Getty Images

A trader watches prices as monitors in the background show fireplaces on the floor of the New York Stock Exchange on Dec. 24, 2013.

Bloomberg By the Numbers: 1,833.32

The Standard & Poor’s 500 Index closed at 1,833.32 the day before Christmas, setting its third new high in a row. The stock index has risen 29 percent this year,  and is on course for its biggest annual rally since 1997....

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An Amazon employee loads a truck with boxes to be shipped.

David Paul Morris/Bloomberg

An Amazon employee loads a truck with boxes to be shipped.

Amazon’s Up With USPS Partner

First the Post Office wanted to scrap mail on Saturdays. Now it’s teaming with Amazon.com for Sunday delivery of packages? Amazon.com and the U.S. Postal Service are teaming up to offer Sunday delivery, “as the world’s biggest online retailer seeks...

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The U.S. Capitol, open for business, stalled for 13 days.

Photograph by Andrew Harrer/Bloomberg

The U.S. Capitol, open for business, stalled for 13 days.

Shutdown Journal: Day 13

Updated at 6:30 pm EDT Finally, as the third week of a partial government shutdown arrives, lawmakers stuck in stalemates over spending and raising the nation’s debt limit say they are starting to worry about the markets. Stocks soared at...

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