As Washington has tightened its belt in recent years, the budget cuts have sliced most deeply in states where President Obama is unpopular, according to an analysis of federal spending by Reuters.
The 2012 controversy involving the private equity industry and Washington has not stopped the industry from continuing to offer former public officials with huge paydays, Politico reported.
Republican presidential candidate Mitt Romney attempted to turn the national conversation back to his record as a business executive in an op-ed published on Friday in the Wall Street Journal.
When staffers at the National Venture Capital Association see a report that refers to U.S. presidential candidate Mitt Romney's investments as venture capital, they grimace -- and then contact the author to explain politely why it's wrong.
U.S. tax regulators are preparing for a potential tax hike on profits earned by private equity managers .
President Barack Obama is due to attend a fundraiser hosted by one of private equity's leading lights on Monday evening.