Covid cases have dropped 77% in six weeks. Experts should level with the public about the good news. In large part because natural immunity from prior infection is far more common than can be measured by testing. Testing has been capturing only from 10% to 25% of infections, depending on […]
It has been a shocking fall from grace for Exxon Mobil Corp. Just seven years in the past, Exxon was the most important U.S. firm by market capitalization. It has since misplaced roughly 60% of its worth, with its market cap now at round $160 billion, after the pandemic crushed […]
Incredibly, some in the media want to repeat the second quarter’s 32.9% plunge in GDP. Democrats and their media allies have trapped themselves in a contradiction. They are deploring Thursday’s grim second-quarter GDP report even as they demand a repeat of the lockdown that caused the economic catastrophe. What do they […]
Hold officers accountable who use excessive force. But there’s no evidence of widespread racial bias. George Floyd’s death in Minneapolis has revived the Obama-era narrative that law enforcement is endemically racist. On Friday, Barack Obama tweeted that for millions of black Americans, being treated differently by the criminal justice system […]
Jim Simons was a middle-aged mathematician in a strip mall who knew little about finance. He had to overcome his own doubts to turn Wall Street on its head. Jim Simons sat in a storefront office in a dreary Long Island strip mall. He was next to a women’s clothing boutique, […]