Powell: Fed may pull back economic support more quickly as prices spike
Powell’s comment came after the Fed already announced earlier this month that it would slow the pace at which it buys U.S. government debt and mortgage-backed securities.
Powell’s comment came after the Fed already announced earlier this month that it would slow the pace at which it buys U.S. government debt and mortgage-backed securities.
As unionizing efforts have taken the U.S. by storm, we look at the history of the U.S. labor movement and how unions have acted as a bulwark against corporate power. Worker organizing at Starbucks, Kellogg’s and Amazon shows that unions help enforce health and safety measures and protect workers who speak out.
In the news today: There’s been significant public movement of late in multiple investigations of the Jan. 6 coup attempt, and all of it points to an organized, pre-planned effort to erase the 2020 U.S. presidential election by proclaiming that Trump’s loss was invalid—based entirely on a Republican hoax campaign pretending so.
If Republicans take over the House of Representatives in 2023, they intend to force the Biden administration into making drastic cuts to domestic social programs in exchange for “agreeing” to raise the nation’s debt ceiling. Goaded by Donald Trump, their plan is to hold the country hostage, threatening to push all of us over the brink into an unprecedented fiscal calamity if their demands are not met.
Tech is rising and taking over across the globe, but of course not without consequences. A tech company that gained popularity for its efforts to help law enforcement agencies through the use of nonviolent robots has come under fire after a promotional video surfaced.
After Texas Republicans enacted their virtual ban on abortion known as SB8, one of the ways Democrats in Congress responded was to pass a bill that would codify the constitutional rights laid out in Roe v. Wade into law. In the face of universal GOP opposition, the Women’s Health Protection Act passed the House on a strictly party-line vote … almost.
There was one Democrat who sided with Republicans in their escalating assault on reproductive rights: Henry Cuellar.
The Republican forwarded a message to Mark Meadows outlining a legal theory that the vice president had the authority to stop certification of the 2020 election.
On Tuesday, former Houston police captain Mark Aguirre was indicted on a charge of aggravated assault with a deadly weapon for his 2020 attack on and air conditioning technician he believed was secretly transporting 750,000 “harvested ballots.” In the middle of the day, the 64-year-old Aguirre reportedly slammed his SUV into the technician’s work truck and then rushed upon him and pressed a gun to his head.
The biggest, most powerful space telescope in history is currently sitting on top of a rocket in French Guiana, on the northeastern coast of South America, awaiting its blazing departure from this planet. The James Webb Space Telescope is designed to point its 18 gold-coated mirrors into the darkness and reveal hidden wonders in the universe. But its last few months on Earth have been a little stressful.
The nation’s supply could be stretched by the need to conduct 3 to 5 million tests per day by late January or early February.
Sign up for Conor’s newsletter here.Question of the Week: Food for ThoughtThis week I want to know your most contested opinion on food. Do you eat meat? Hate cheese? Are you a vegetarian or a vegan? Is organic produce worth it or a waste of money? Do you care if crops are genetically modified? Would you eat veal? Octopus? Whale? How much do you tip in restaurants? This is your chance to share any and all food-related opinions, even those not captured in the preceding questions.
The “19 Kids and Counting” father drew roughly 15% of the vote just days after his son, Josh, was convicted of receiving and possessing child pornography.
Nearly the entire increase came from the burst of federal spending as the government mobilized to contain the spread of the virus.
Nearly the entire increase came from the burst of federal spending as the government mobilized to contain the spread of the virus.
The right-wing Republican wants to allow parents to sue school districts over teaching CRT and recoup legal fees.
Sen. Joe Manchin (D-W.Va.) told HuffPost it’s “bulls**t” to ask his position on continuing the payments.
The Fed plans to cease its bond buys entirely by March, rather than its earlier target of June to give itself room to begin raising interest rates as early as the second quarter of next year.
The stalling of a big Democratic priority is a blow for Senate Majority Leader Chuck Schumer (D-N.Y.), who is hoping to pass the legislation by Christmas Day.
Yair Lapid will become Israel’s prime minister on August 27, 2023, if things go according to plan—which, in Israeli politics, they almost never do. But when Lapid—the architect of Israel’s current coalition, its foreign minister, and the leader of its largest party—speaks, it matters.
My breakthrough infection started with a scratchy throat just a few days before Thanksgiving. Because I’m vaccinated, and had just tested negative for COVID-19 two days earlier, I initially brushed off the symptoms as merely a cold. Just to be sure, I got checked again a few days later. Positive. The result felt like a betrayal after 18 months of reporting on the pandemic. And as I walked home from the testing center, I realized that I had no clue what to do next.
Regulators are due to decide Thursday whether to uphold, revise or scrap longstanding restrictions on the abortion drug mifepristone.
This time last year, health officials were advising Americans to stay home for the holidays. The CDC cautioned against travel; Anthony Fauci announced that he would be spending Christmas apart from his children for the first time in 30 years. But that grim advice was accompanied by hope for a normal 2021 holiday season: Pfizer’s COVID-19 vaccine was authorized for emergency use in adults on December 11, 2020, with Moderna’s following close behind.
In Chile, voters this weekend will determine a close runoff election between far-right candidate José Antonio Kast and leftist Gabriel Boric, a former student leader. If Boric, who holds a narrow lead, wins the race, he would become Chile’s youngest and most progressive president in years.
The United States is continuing talks with Iran over its nuclear program after President Trump withdrew from the Joint Comprehensive Plan of Action in 2015. With a new Iranian administration after April’s controversial election, many worry that if talks fail, tensions between the two countries could turn into military escalation fueled by pressure from Israel.
The U.S. House voted to recommend the Department of Justice charge former President Trump’s former Chief of Staff Mark Meadows with criminal contempt of Congress for defying a subpoena from the select committee investigating the January 6 Capitol attack. The vote came after the committee released a series of text messages from Republican lawmakers and Fox News hosts to Meadows on January 6 that begged him to convince Trump to tell his followers to leave the Capitol.
The data is coming in, but it’s not perfect. Here’s what to keep in mind.
“We’re very firmly in the corner of equity,” he said.
New York’s mayor said business owners in the city would prefer a mandate over shutdowns.
Costs for key goods and services soared 0.8 percent for the month and 6.8 percent for the year, the highest since 1982, the Labor Department reported Friday.
The middle class is facing serious economic hardship with little of the workplace flexibility now afforded to the well-off. Here’s how employers — and government — can help.