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By Ted Cruz
Banning speech with a constitutional amendment is playing with fire
Topic - Mark Hamrick
The Dow Jones industrial average hit a new milestone Tuesday, closing above 15,000 for the first time in its 117-year history.
The job market continued to show steady improvement in the latest government report released Thursday. The number of Americans filing for unemployment benefits fell by 16,000 workers to the second lowest level in more than five years during the week that ended April 20, according to the U.S. Department of Labor.
The Senate on Monday unanimously confirmed President Obama's appointment of Mary Jo White to lead the Securities and Exchange Commission, even as Republicans continue to reject Richard Cordray, who was nominated at the same time to head another financial watchdog agency.
"The stock market has been on a strong run for several months now," said Mark Hamrick, Bankrate.com's Washington bureau chief. "I think the markets have put much of the Great Recession behind them as the economy has been expanding at a decent rate."
"A lot of people feel burned who lived through the last major decline in the stock market," Mr. Hamrick said.