Hurricane Sandy is causing disruptions for companies, travelers and consumers. But for the overall economy, damage from Hurricane Sandy will likely be limited. Economists estimate the damage will cost between $10 billion and $20 billion.
Tropical-force winds, with hurricane-force gusts, could stretch from coastal Virginia to Boston by early Tuesday, latest forecasts show. Hurricane Sandy is still expected to combine with a nor'easter, into a 'Frankenstorm.'
Obama is hitting Virginia Beach, Va., Thursday for a reason: It's one of the hottest political ad markets in the country. Its congressman, Scott Rigell, is out to change Washington's 'toxic mix of partisanship, no facts, weak ideas.'
Paul Ryan's presence on the GOP presidential ticket has given Mitt Romney a slight boost in the polls – less than Sarah Palin or Joe Biden did for John McCain and Barack Obama four years ago. But Ryan has put new spring in Romney's step, and he's helped loosen Republican wallets.
So far, polls show little to no bounce for Mitt Romney since he named Rep. Paul Ryan as his running mate. The wisdom of adding Ryan to the ticket could be decided by how well he and Romney resolve their unsettled message on Medicare.
Rep. Paul Ryan's grasp of federal spending has given him an outsized role in defining the GOP position on deficits and debt, but he has a lower profile in driving the bipartisan compromises needed to pass laws.
Back in February, long before he got the vice presidential nod, Rep. Paul Ryan urged Mitt Romney to run an 'affirmative' campaign, laying out how he differs from Obama. Picking Ryan may signal Romney's intent to do just that.
Tea party activists expected to be snubbed at the GOP convention. But tea partyers say they're very encouraged by Mitt Romney's selection of Rep. Paul Ryan – a leader among fiscal conservatives – to be his vice presidential running mate.
Conservative pundits have been urging Romney to choose Rep. Ryan because of his budget plan that seeks to curb overall entitlement spending and changes Medicare into a voucher-like system to save costs, something Democrats already are targeting for attack.