Monday, October 29, 2012

Your 12 hourly digest for Business News, Financial News, Business Headlines & Analysis - The Washington Post

Business News, Financial News, Business Headlines & Analysis - The Washington Post
The source for business news and analysis. Covering economic policy, business policy, financial news, economic issues, stock market data, local business, technology and more.
The 2012 Election in Numbers: Monday, Oct. 29
Oct 29th 2012, 23:04

Note – as we near the election, we're replacing Reconciliation with a roundup of what the day's polls and model projections say, and what the latest ads are.

Real Clear Politics' Latest Polls

Race: Romney vs. Obama, National

Read full article >>

Many businesses close early while others stay open as Sandy bears down on region
Oct 29th 2012, 22:21

As Hurricane Sandy intensified Monday, many local businesses closed early or put in place emergency plans for workers even as others — grocers, hardware stores and some bars and restaurants — juggled an influx of hardy customers.

Read full article >>

Why you should be paying attention to poll averages, in one chart
Oct 29th 2012, 20:30

Commentators on both sides of the aisle have been taking shots at pollsters of late. Former Secretary of Labor Robert Reich declared that polling predictions are "based on nothing," while conservative author David Limbaugh maligned poll averages as "analogous to moral equivalency arguments to me. All meaninglessness."

Read full article >>

The economic impact of Hurricane Sandy
Oct 29th 2012, 19:41

Hurricane Sandy has already prompted huge swaths of the East Coast to shut down — an area with a daily GDP of about $10 billion, according to Ryan Sweet, a senior economist at Moody's Analytics. But ultimately, economists expect the impact of the storm to be temporary, noting that there are ways that natural disasters tend to boost spending and spur economic growth as well as hinder it. 

Read full article >>

Yes, Hurricane Sandy is a good reason to worry about climate change
Oct 29th 2012, 19:34

Every time a major natural disaster barrels along, people want to know whether it has anything to do with global warming. Is climate change causing this storm? That drought? Will we see more disasters like it if the planet keeps warming?

Read full article >>

Hurricane may test limits of homeowners' insurance
Oct 29th 2012, 18:55

With rain flooding the Washington area, many homeowners may end up looking to their insurance to cover water damage to their homes or belongings.

But standard homeowners insurance doesn't cover flooding, warns the federal government Web site FloodSmart.gov, and that can be a costly omission.

Read full article >>

David Cohen may be Comcast's secret weapon, but in D.C. he's a wonk rock star
Oct 29th 2012, 17:58

PHILADELPHIA — In fall 2009, Comcast planned to launch an Internet service for the poor that was sure to impress federal regulators. But David Cohen, the company's chief of lobbying, told the staff to wait.

Read full article >>

Making Work Pay vs. the payroll tax cut, in two charts
Oct 29th 2012, 16:58

As Ezra noted this morning, the White House is floating a revival of the Making Work Pay tax credit — a key part of the stimulus package — as a replacement for the expiring payroll tax holiday. That's ironic, since the payroll tax holiday was originally a replacement for the expiring Making Work Pay (or MWP) tax credit, which lapsed in late 2010.

Read full article >>

Slow loris eating a rice ball
Oct 29th 2012, 16:51

If you're looking for a bit of reprieve from Hurricane Sandy coverage, look no further than this slow loris eating a rice ball with a fork. 

Read full article >>

FEMA loses nearly $900 million if sequester cuts hit
Oct 29th 2012, 16:47

The Federal Emergency Management Agency has a $14.3 billion budget to coordinate the national response to disaster situations like Hurricane Sandy. Should the sequester take effect, the White House estimates that the agency would lose about $878 million, largely from programs that provide direct relief to disaster victims. And even if Congress averts the sequester cuts, it has already put hard new limits on disaster relief into effect, thanks to the debt-ceiling deal.

Read full article >>

Storm could delay final pre-election jobs report
Oct 29th 2012, 15:44

The Labor Department has not yet ruled out delaying Friday's jobs report due to the havoc caused by Hurricane Sandy. 

"The employees at the Bureau of Labor Statistics are working hard to ensure the timely release of employment data on Friday, November 2," the BLS said in a statement. "It is our intention that Friday will be business as usual regarding the October Employment Situation Report."

Read full article >>

Why hurricane forecasts have gotten much better — but could soon get worse
Oct 29th 2012, 15:23

Hurricane Sandy is about to batter the East Coast and cause potentially billions of dollars in damage. That's… horrible news. But it's worth pausing for a second to note that those of us in the area who have stocked up on canned goods—or fled the storm's wrath—have also had days to prepare. And that's not a total fluke.

Read full article >>

Worried about the fiscal cliff? Then you're a Keynesian.
Oct 29th 2012, 15:01

The reason the fiscal cliff is such a threat to 2013′s economy isn't that it's too little deficit reduction — it's that it's too much all at once, totaling about $720 billion, or 5.1 percent of GDP in a single year, which could throw the economy into recession. 

Read full article >>

What's dragging down the U.S. economy?
Oct 29th 2012, 14:24

More than three years after the recovery began — in name, at least — the economy is still in a giant hole. But what, precisely, is still dragging it down? What sectors are the culprits? A simple model delivers some answers.

Read full article >>

A portrait of Washington in 2012
Oct 29th 2012, 13:53

The White House is reportedly looking for an alternative to the payroll tax cut that does the same thing as the payroll tax cut but isn't called the payroll tax cut. This might seem a bit odd to you. But it's a perfectly natural by-product of the GOP's strategy of denying President Obama popular accomplishments.

Read full article >>

Google cancels Android event due to Hurricane Sandy
Oct 29th 2012, 13:08

Google has canceled its planned Monday launch event, citing concerns about Hurricane Sandy.

On Sunday, the company sent a message to media outlets saying that it would reschedule the event for a later date. CNET reported that the Manhattan pier where Google was planning to hold its event has been evacuated.

Read full article >>

You are receiving this email because you subscribed to this feed at blogtrottr.com.

If you no longer wish to receive these emails, you can unsubscribe from this feed, or manage all your subscriptions

No comments:

Post a Comment