Fed jacks up rates again but Powell hints it might slow down
Inflation has cooled only slightly and job growth remains strong.
Inflation has cooled only slightly and job growth remains strong.
A new POLITICO-Morning Consult poll suggests voters’ views of the economy are baked in.
Housing investment, though, plunged at a 26 percent annual pace, hammered by surging mortgage rates.
According to an NBC News poll released Sunday, 70 percent of registered voters expressed interest in the upcoming election as a “9” or “10” on a 10-point scale.
New York Mayor Eric Adams announced this week that police and emergency medical workers will start hospitalizing people with mental illness against their will, even if they pose no threat to others. Rights groups and community organizations have slammed the move as inhumane and are demanding better access to housing and other support for people struggling with mental illness and homelessness. “That does require funding. That does require investment.
With a new Congress being sworn in next month, Democratic lawmakers have a busy lame-duck session during which they will try to pass as many bills as possible before losing their majority in the House of Representatives.
Michael Steele warned about what will come next from the far-right Georgia Republican.
Trump pardoned two arsonist ranchers a week after a $10,000 donation was made to the America First Action PAC, which funded his 2020 reelection bid.
The former president’s semi-serious jests come as Walker is set to face off against Democratic Sen. Raphael Warnock in a Georgia runoff next week.
“Elon Musk sent up the Bat Signal to every kind of racist, misogynist and homophobe that Twitter was open for business,” said an anti-hate group’s CEO.
Lots of good news out of Arizona Thursday night, further confirming the old adage “timing is everything.” And bad timing usually gets you nothing. Both Kari Lake and Mark Finchem jumped on the so-much-fun Trump train of baselessly claiming “election fraud,” but rather late in the game. And both are now experiencing the consequences of that bad timing.
UPDATE: Friday, Dec 2, 2022 · 8:41:01 PM +00:00 · Mark Sumner
On the “it’s all one front” front, here’s what’s happening down near Donetsk. Russian forces engaged in small scale assaults against Ukrainian troops in a number of towns, with the biggest push apparently along the highway to Pervomaiske. None of these attacks was successful.
Russia launched multiple attacks out of Donetsk on Friday. None appear to have any success.
Donald Trump has hired more coffee boys than Starbucks over the years, and they all get the same treatment after he’s through sucking the marrow out of their sad, brittle, untermensch bones: He claims he doesn’t know them, and if he happens to have been photographed with them 90 times over the course of 30 years, he’s quick to point out that he’s regularly seen with lots of sketchy people who are mysteriously drawn to his grand, elysian fi
The more we learn about the 2022 midterms, the clearer it becomes just how off the mark many pundits and strategists were in their preelection analysis of the dynamics.
That proved true for the fantastical “red wave,” the notion that abortion was “fading” as a potent issue, and the idea that economic concerns would dominate all other issues.
Late Night Snark: Dinner Is Served Edition
“Last week Trump ate dinner at Mar-a-Lago with Kanye West and a prominent white supremacist named Nick Fuentes. We don’t know exactly what happened at that dinner except that no one ordered latkes.”
—Trevor Noah
“Only Donald Trump would defend himself by saying, I was only planning to eat with one anti-Semite.”
—Jimmy Kimmel
Continued…
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This is an edition of The Great Game, a newsletter about the 2022 World Cup—and how soccer explains the world. Sign up here.The World Cup is never short on magic, and today, South Korea needed some.After conceding an early goal to Portugal in the game’s first half, the Reds had fought back to level the match that could send them to the knockout stages of the competition. But a tie would not be good enough. They needed a goal.
This is an edition of The Atlantic Daily, a newsletter that guides you through the biggest stories of the day, helps you discover new ideas, and recommends the best in culture. Sign up for it here.China is signaling that its three-year battle against COVID-19 is entering a “new stage.” What that looks like will have huge political and economic consequences.But first, here are three new stories from The Atlantic.
What was your line with Kanye West? If you never listened to what he had to say in the first place, you don’t get a medal: The rapper now known as Ye really did, at one time, merit attention for making some of the most forward-thinking art of this century. (Plus he was funny, in an actually-trying-to-be way.
With new infections down, health officials will wind down emergency and let it expire by end of next month.
If you’re looking for a way to understand the right wing’s internet-poisoned, extremist trajectory, one great document is an infamous October 6 tweet from the House Judiciary GOP that read, “Kanye. Elon. Trump.” This tweet was likely intended to own the libs by adding Kanye to an informal, Avengers-style list of supposed free-speech warriors and truth tellers—a variation, perhaps, on the sort of viral meme that the Trump camp deployed during the 2016 election.
This is an edition of The Great Game, a newsletter about the 2022 World Cup—and how soccer explains the world. Sign up here.Yesterday, the FIFA-ranked No. 2 team in the world, Belgium, exited the World Cup after a narrow victory over Canada, a loss to group winner Morocco, and a scoreless draw with the 2018 finalists Croatia.But it was not just that it went out, but the way it went out that is torturous for Belgium fans.
When high school students in Rockland County, New York, invited renowned activist and professor Angela Davis to speak, the event got shut down in two different venues over protests that she was “too radical.” But the students persevered, and Angela Davis addressed a packed church Thursday night.
More than six months since the Palestinian American journalist Shireen Abu Akleh was killed while reporting in the occupied West Bank, “there is still no accountability in what happened,” says journalist Sharif Abdel Kouddous. He is the correspondent on a new Al Jazeera documentary for the program “Fault Lines” that investigates Abu Akleh’s May killing.
Health officials may allow the declaration to expire, even as they keep their mpox response in place.
The latest round of Medicaid expansion negotiations comes as states prepare for the eventual end of the Covid-19 public health emergency, and as nearly a third of rural hospitals are at risk of closure.
He also criticized China’s Covid-19 response as “shutdowns without a seeming purpose.
“I think we’re going to see a lot more people getting vaccinated in the upcoming weeks. This is why we’re launching the campaign we are right now,” said Ashish Jha, the coordinator of the White House’s Covid-19 response.
The Georgia Supreme Court Wednesday reinstated the state’s ban on abortions after roughly six weeks of pregnancy.
Inflation has cooled only slightly and job growth remains strong.