The Corner

Dow Up 100 Points

On inflation news.

Stock prices are higher in early trading today after the week’s most anticipated economic reading indicated inflation remained tepid last month, easing some concerns that have jolted stock and bond markets in recent sessions. The Dow Jones industrial average is up 101.86 to 13,655.58.

The Nasdaq Composite has gained 26.58 to 2,625.99. And the Standard & Poor 500 index is up 10.71 at 1,533.68.

The consumer price index showed prices rose at the fastest pace in 20 months last month as gas prices increased. However, the so-called core personal consumption price index, which excludes often volatile food and energy prices, rose a lower-than-expected 0.1 percent. The figure, which the Federal Reserve watches closely, was below the 0.2 percent increase Wall Street expected.

Jonah Goldberg — Jonah Goldberg holds the Asness Chair in Applied Liberty at the American Enterprise Institute and is a senior editor of National Review. His new book, The Suicide of The West, is on sale now.

Most Popular

Politics & Policy

The Beatification of Beto

The media’s treatment of Texas Democratic candidate Beto O’Rourke wasn’t the most egregiously unfair coverage of the past year -- that would be the treatment of Brett Kavanaugh -- but it ranks among 2018’s most annoying. The endless glowing profiles of O’Rourke in every publication from Vanity Fair to ... Read More

The Odds Are Slim to Nunes

When the history of the 2018 midterms is written, there will be a chapter on missed opportunities for Democrats. Some may wonder if they should have spent so much money supporting Beto O’Rourke in Texas, or whether Heidi Heitkamp was doomed from the start in North Dakota. One painful question for progressives ... Read More