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.
Through much of the last month, the American people have been treated to a version of the emotional and ideological argument that’s dominated the American academy for much of the last ten years. The argument goes something like this: Women rarely lie about rape. Thus, the failure of criminal or civil justice ... Read More
Hillary Clinton insisted that the sexual-assault allegations against her husband are nothing like the accusations that have been levied against Brett Kavanaugh -- suggesting that Bill’s accusers are not examples of victims who must be believed as part of the #MeToo movement. “There’s a very significant ... Read More
Earlier today, freshly minted Atlantic writer Jemele Hill published a piece that broke new ground in the Brett Kavanaugh debate. She revealed that, in her experience, black men were more sympathetic to Kavanaugh than she anticipated: On Tuesday night, I was in an auditorium with 100 black men in the city of ... Read More
‘When they go low” . . . that’s where they are sure to find Eric Holder. Sometimes, the former attorney general is excusing hard-Left, unrepentant, anti-American FALN separatists by helping a Democratic president spring them from imprisonment for their terrorist crimes. Sometimes, he is helping a ... Read More
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
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