Ken Goldstein, economist at the Conference board, says the 0.4% increase in the index of leading economic indicators, which followed an upwardly revised gain of 1.0% in March, shows that the economy is recovering from its winter slowdown and picking up some steam in the second quarter of the year. Goldstein, a New York Giants season ticket holder, also weighs in on the economic factors that will play a role in the sale of the National Football League’s Buffalo Bills following the death of the team’s owner in March. He speaks with Bloomberg’s Kathleen Hays and Vonnie Quinn on Bloomberg Radio’s "The Hays Advantage."
Even as experts predict that the 2012 presidential race will be the most expensive in U.S. history, a funny thing is happening on the way to the Republican nomination: It’s becoming one of the cheapest primaries in a more than a decade.
A train spewing money hurtles along a track, in a scene set to a soaring operatic score. A cliff is revealed. Just before the locomotive plummets, the screen goes black and text appears: “Forward? Don’t let Obama’s failed policies go forward. Vote for Mitt Romney for president”
After spending more than $100 million airing mostly negative ads in the last three months, President Barack Obama and Republican challenger Mitt Romney and their allies haven’t been able to move the public-opinion needle in the states most likely to determine the general election.
The index of U.S. leading indicators rose in December by the most in three months, signaling stronger housing and job markets will help the world’s largest economy make more progress in the first half of 2013.