To no one’s surprise, Mitt Romney repeated his 2008 performance in Nevada with a double-digit win last night. Given the poll numbers, which had the former Massachusetts governor leading by up to 20 percent, Romney’s victory was nearly preordained.
The Bureau of Labor Statistics released January's jobs numbers this morning, and the economy added 243,000 jobs last month. Unemployment dropped from 8.5 percent to 8.3 percent—the lowest the rate has been in nearly three years. Forecasts had predicted that the economy would only pick up 150,000 jobs, so this morning's news is a unexpectedly good.
Facebook filed for its initial public offering yesterday. The internet behemoth could be valued between $75 billion and $100 billion, making its IPO one of the biggest stock-market debuts in U.S. history and netting founder Mark Zuckerburg up to $28 billion. While Facebook is a company defined by its users, the company decided not to follow Google's example of holding a dutch auction.
The GOP candidates who made it through the invisible primary (the months before any vote has taken place but contenders campaign like crazy) and lasted through Florida can thank super PACs, the shadowy political action committees that can take unlimited donations from corporations and rich donors. Once the primary ends and the general election showdown begins, get ready for super PAC spending and donations to skyrocket for both parties. After yesterday’s Federal Election Commission filing deadline, we can now attach concrete numbers and faces to the dark money fueling the 2012 election. Here’s the scoop on the super PACs you should keep an eye on for the rest of the race (we'll be updating with more stats throughout the day).
Mitt Romney, who had a resounding victory in last night's Florida primary, also wins the unofficial award for most frightening super PAC. A Federal Election Commission release Tuesday revealed that pro-Romney super PAC "Restoring Our Future" raised over $30 million last year and spent $14 million on campaign ads for the first few crucial primaries. By way of comparison, the super PACs of all the other GOP candidates spent a combined $12 million, and the candidates' campaigns have spent a total of $20.7 million.