Wall Street’s wild party in jeopardy as Fed threatens aid cutoff
The central bank plans to begin yanking back assistance to the economy as early as next month, and many Fed officials are open to increasing interest rates next year.
The central bank plans to begin yanking back assistance to the economy as early as next month, and many Fed officials are open to increasing interest rates next year.
Key aspects of the economy are doing better than before the pandemic, which supporters say shows how government spending can help.
With the deadline looming, the White House is starting to ramp up pressure on Republicans.
The central bank said it’s making progress toward its goals of averaging 2 percent inflation over time and reaching maximum employment.
Biden laid blame for the sluggish growth of U.S. jobs on the “impact of the Delta variant” of the coronavirus.
In the news today: Trump allies implicated in Donald Trump’s seditious plan to topple the government continue to defy House subpoenas—and House investigators do not seem to be responding with the urgency the situation requires.
When Donald Trump inevitably chokes to death while trying to swallow an entire Costco rotisserie chicken, you can pretty much guarantee he’ll still be clinging to his nonsensical claims about the 2020 election. His belief that he was robbed last November is simply impervious to facts. Meanwhile, any meager morsel of evidence that supports his febrile stolen-election fantasies, no matter how bonkers, immediately gets stovepiped into his creaky, ramshackle husk of a brain.
Whatever you think of Bill Maher, this is the most important thing he’s said all year. Trump has been methodically purging the GOP of anyone who stands up for democracy, while red state legislators have greatly expanded their power in elections by stripping control from nonpartisan local boards and removing guardians in key counties. Trumpian candidates will be replacing officials who refused to help Trump overthrow the election last year.
People were dropping F-bombs at the news that New Jersey gubernatorial candidate Jack Ciattarelli led a 1994 effort to ban swearing in his town.
Across the country there has been a Koch-funded Republican caravan of anti-mask and anti-vaccine protests. The levels of disruption and threats to school boards and students getting back to school has varied. Republican operatives have used this as an issue with which they can promote what is left of their long-abandoned platforms of “small government” and “family values.
The unvaccinated gubernatorial candidate kept pushing conspiracy theories about the shot while he benefited from expensive medical intervention.
Department of the Interior Secretary Deb Haaland kicked off Indigenous Peoples’ Day by participating in the Boston Marathon on Monday, Oct. 11. Haaland, a member of the Pueblo of Laguna, is the first Native American to serve as a Cabinet secretary. Among her goals as the U.S.
Republican Gov. Greg Abbott is blocking any business or other entity in the state from requiring employees or consumers to be vaccinated against COVID-19.
Senate Democrats are starting to fear they can’t win over Joe Manchin and Kyrsten Sinema.
The former president also called for the Department of Justice to reopen its investigation into her death, asking it to be “fair and nonpartisan.
The Nobel Peace Prize was awarded to Russian independent journalist Dmitry Muratov and Filipina journalist Maria Ressa for “their efforts to safeguard freedom of expression.” Muratov runs the independent newspaper Novaya Gazeta, which has lost more journalists to murder than any other Russian news outlet.
In response to the completion of the contested Line 3 pipeline, which is now reportedly operational, thousands of Indigenous leaders and climate justice advocates are kicking off the “People vs. Fossil Fuels’’ mobilization, an Indigenous-led five-day action of civil disobedience at the White House to demand President Biden declare a climate emergency, divest from fossil fuels and launch a “just renewable energy revolution.
We continue our look at Indigenous Peoples’ Day with Jennifer Marley, a citizen of San Ildefonso Pueblo and a member of the grassroots Indigenous liberation organization The Red Nation, which helped lead a campaign in 2015 to officially recognize Indigenous Peoples’ Day in Albuquerque, New Mexico.
President Biden has formally recognized Indigenous Peoples’ Day as a federal holiday, following a growing movement to debunk the myth of Christopher Columbus as a beneficent discoverer and replace it with recognition that the arrival of Columbus in the Bahamas unleashed a brutal genocide that massacred tens of millions of Native people across the hemisphere.
After the third day of kindergarten, my son Huxley reported that another kid had kicked him on the playground. It wasn’t a big deal; this kind of thing happens. But on the fourth day, he had a new frustration: He couldn’t figure out who had kicked him. The kid had been wearing a purple mask at the time of the incident, but the next day, no one in Huxley’s class was wearing a purple mask.
The world doesn’t agree on many things, but one of them is that global deforestation is a problem. If deforestation were a country, it would be the world’s third-largest source of climate-warming pollution, after the United States and China. (It would also be a terrible place to live—bulldozers everywhere and no shade to speak of.) Parts of the Amazon now emit more carbon pollution than they capture because of deforestation, a recent study found.
For the first 40 minutes of its runtime, the film Mass refuses to reveal why its four protagonists—two sets of parents—have gathered in a small room in a church basement. They don’t appear to be friends; they’re polite toward one another, but cold. They’re not there to pray or to eat the food that’s been provided. Their conversation is stilted and awkward, descending into silence every few beats.
In the fight over if and when a vote on the bipartisan infrastructure bill would take place and whether it would be tied to a vote on President Joe Biden’s broader economic agenda, one fact was overlooked: House Democrats passed their own infrastructure bill in July. The reason you haven’t heard much about that measure is that the House acquiesced to the Senate’s demand that it vote on the Senate’s bill without amendment.
The U.S. government has twice tried to classify kratom as a controlled substance, but public outcry and pushback from Congress thwarted those efforts.
Some research advocates fear the Advanced Research Projects Agency for Health could be left behind in a crush of end-of-session business and lose momentum.
Support for vaccine mandates was divided along partisan, racial and ethnic lines.
The large-business mandate has the potential to dramatically boost the number of vaccinated Americans in counties where adult vaccination rates are lagging.
The central bank plans to begin yanking back assistance to the economy as early as next month, and many Fed officials are open to increasing interest rates next year.
Key aspects of the economy are doing better than before the pandemic, which supporters say shows how government spending can help.
With the deadline looming, the White House is starting to ramp up pressure on Republicans.