The election may be over, but some of the Regime Media continue to act as if campaign season were ongoing- particularly as pertains to story selection on the evening news. Case in point, today’s publication of the Consumer Price Index, which shows that inflation persists. Of the three major networks, only CBS mustered a story on the CPI. Here is that report in its entirety, as aired on the CBS Evening News: CBS EVENING NEWS 11/13/24 6:43 PM NORAH O’DONNELL: Your bills for groceries and other essentials probably went up last month. The Consumer Price Index measuring inflation showed a slight uptick. In October, consumer prices rose 2.6% from a year ago, that's up slightly from September. That is the first time that headline number increased since March. CBS's Kelly O'Grady explains what it means for you and your wallet. KELLY O’GRADY: Mom and business owner Ashley Rice is experiencing sticker shock. ASHLEY RICE: When we first started noticing inflation, it was terrifying. You could see that our money just was not going as far as it used to go. O’GRADY: The road to lower inflation is a speed bump. The Federal Reserve's 2% target now further out of reach. The biggest driver: housing costs, including rents, went up by nearly half a percent asked month alone- up 4.9% since last year. Grocery prices are improving, up just .1% from September and 1.1% over last year. Prices last month fell for eggs, beef, and fresh vegetables, but overall, grocery items are still up from before the pandemic. RICE: And when my husband talks about, “oh, we’re going to go get orange juice”, I’m like, yeah, it's $9.99 now. Remember when it was only $7? O’GRADY: What are you finding your grocery bill looks like? RICE: Our grocery bill has almost doubled. It's insane. O’GRADY: One bright spot: real wages, your take-home earnings after inflation, up 1.4% annually. That means American paychecks are growing faster than inflation but it will take time before consumers feel it in their wallets. Rice sees it in her business income. RICE:  So it's not a business that is necessarily a need, it’s more of a want, and when people don't have that disposable income, they’re going to cut down on the wants. O’GRADY: The Federal Reserve will decide whether to cut interest rates again next month, and this report could cause concern. Further mortgage rates track where investors think inflation is going, and Norah, today's read could drive those higher. O’DONNELL: That’s an important point about those mortgage rates. Kelly O’Grady, thank you. It is noteworthy that neither ABC nor NBC offered any reporting on the Consumer Price Index. It is also troubling. Given that the election has passed, there is no incentive for ABC or NBC to withhold inflation news from their viewers. Voters have already rendered their judgment on the state of the economy. What we learn from the CBS report is that the state of the economy is wanting, and that consumers are still feeling substantial economic pain. The young mother's admission of a nearly doubled grocery bill sounds painful, but her evocation of $9.99 orange juice is outright terrifying. Also, don’t miss the part towards the end of the report about mortgage rates creeping slightly higher as a result of this reported increase in inflation. This portends increased consumer pain as pertains to housing costs, which have skyrocketed over the last four years. To their credit, CBS ran the story. To their shame, the rest of the Regime Media did not. We’ll see how the media cover such stories once the Trump Administration is sworn in. One suspects that from that point forward, adverse economic news will warrant (D)ifferent coverage.  

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An excavation in southeast London, during utility work has uncovered an important section of one the main Roman roads in Britannia. It was discovered beneath the modern Old Kent Road in Southwark, which was thought to have been built directly on top of the ancient Roman road, but this is the first archaeological evidence confirming it. The section is intact in multiple layers, revealing details of its construction method. The section of Roman road uncovered south of the junction of Old Kent Road and Ilderton Road was well preserved and measures 5.8 metres wide by 1.4 metres [19 x 5 feet] high. Distinct layers can be seen, which tell the story of the road’s construction. It has a solid foundation of compacted gravel sealed by two layers of chalk. This was topped with another layer of compacted sand and gravel. The original surface of the road would likely have been made from the same material and sat at a similar level to the modern road, however this has been lost. The base of the modern road rests directly on the Roman fabric. Known as Watling Street after its Old English name, a section of the road was first established by the Iron Age Britons. Shortly after the invasion of Britain in 43 A.D., the Romans paved and greatly expanded the route, making it a main artery in their network of roads. Roman Watling Street ran from Dover to the northwest, crossing the Thames over a Roman bridge in London and terminating in Wroxeter. The section of the road through London was built in the winter of 47/48 A.D. Dave Taylor, MOLA project manager, said: “It’s amazing this section of road has survived for almost 2000 years. There has been so much activity here over the past few hundred years, from sewers to power cables, tramlines and of course the building of the modern road, so we’re really excited to find such a substantial chunk of Roman material remaining.” The find site of the Watling Road section will be marked by a sign on the adjacent railway bridge.

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