Cruz Makes a Risky Bet on Fiorina
When perennial Republican runner-up Ted Cruz announced Wednesday that he'd chosen Carly Fiorina as his running mate, he was probably hoping to energize his campaign before the critical Indiana primary. But Jonathan Bernstein says gambling on a running mate is a sign of a very weak hand.
Trump's New Slogan Has Nazi-Era Baggage
Also on Wednesday, Donald Trump laid out his "America First" foreign-policy platform. If that phrase sounds familiar, it's because Charles Lindbergh used it -- to call for American neutrality toward Nazi Germany. Eli Lake says the speech only went downhill from there.
What the Fed Statement Signals and Why
Surprise! The Free Market Isn't Killing You
Sorry, George Monbiot, but "neoliberalism" isn't to blame for loneliness, eating disorders, and everything else wrong with the world. Noah Smith sees a sad irony: Just as zealots once oversold the benefits of laissez-faire economics, detractors now take their critique too far.
Theranos and the Blood-Testing Delusion
The high-flying biotech firm Theranos, once valued at $9 billion, now faces government sanctions and a criminal investigation. Why did so many investors place their trust in the secretive startup? Faye Flam blames misguided faith in the power of medical testing.
Terrible People Have Free Speech Rights, Too
- The U.S. is in the midst of a historic bull market (Bloomberg)
- Average fund costs continue to decline in 2015 (Morningstar)
- Is fintech finally gaining ground? (Knowledge@Wharton)
(Read Barry Ritholtz's full daily news roundup.)
- The failure of hedge-fund neutrality
- GlaxoSmithKline finally finds some momentum
- Tech stocks are bruised, but they're still not cheap.
(Read more from BV's sister site for fast business commentary.)
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