Powell blows away doubts about his war on high inflation
In a closely watched speech, the Fed chair foreshadowed further interest rate increases and warned that rates might need to stay high for some time to kill price spikes.
In a closely watched speech, the Fed chair foreshadowed further interest rate increases and warned that rates might need to stay high for some time to kill price spikes.
The Federal Reserve chair needs to convince markets he means business when he addresses the landmark conference of economists on Friday.
Climate activists from as far away as Alaska, Indigenous peoples and Appalachians rallied in Washington, D.C., Thursday against the construction of the Mountain Valley Pipeline.
The department is considering one of the Trump team’s selections to review documents seized in the FBI search of his Florida home.
“I started, you know, getting close to various people. And they kept going to jail,” said the musician and advocate for freeing the Indigenous rights activist.
Nothing against all of the other Emmy winners tonight, but even the most perfectly rehearsed, elegantly delivered acceptance speech couldn’t possibly compare to Sheryl Lee Ralph’s moment in the spotlight. In the minutes after the actor won Outstanding Supporting Actress in a Comedy Series, she sang and beamed and soliloquized, inspiring the audience to leap to their feet again and again—and again.
“Cancer does not discriminate red and blue,” the president said Monday. “Beating cancer is something we can do together.
Queen Elizabeth II appeared to despise former President Donald Trump when she was essentially required to entertain him along with the former First Lady, but decorum prevailed. In death, all bets are off. According to statements from Windsor Palace, only current dignitaries have been invited to the United Kingdom for the Queen’s send-off.
Trump has bragged that meeting Queen Elizabeth II was “the most extraordinary honor of [his] life.
Donald Trump’s lawyers on Monday asked Judge Aileen Cannon to continue blocking the Justice Department from reviewing the classified documents the FBI recovered from Mar-a-Lago. Trump’s lawyers’ filing is predictably filled with errors of fact and logic and law, but Cannon, a Trump appointee, has already shown that she doesn’t really care about that—she’s going to rule as she wants, regardless of the facts of the matter.
The number of Republicans committed to defending former President Donald Trump is simply astounding. Yet they continue to defend him even after his repeated racist statements, even after his words inspired an insurrectionist attack on the U.S. Capitol, and even after stolen White House documents related to nuclear weapons were found in his Mar-a-Lago home.
Are you looking for a get-out-the-vote activity that can move a small number of voters but make a huge impact? A lot of campaigns ask folks to phone-bank, but state races are the most underrated ways to get involved. Just a few hours of your time can pay big dividends and serve the Daily Kos mission of electing more, better Democrats.
We are now less than 60 days from the midterm elections. With the tide turning in favor of Democrats, now is the time to get involved.
Our Illustrious Overlord Dark Brandon of the House of Biden, protector of the 50 states, breaker of chains, father of dragons, rider of bikes, double-fister of ice cream, is on a roll lately. And, much like every Italian salad Donald Trump has been served since he started running for president, he’s full of piss and vinegar. (I’m joking, of course. Trump doesn’t eat salads.
“Please be assured that we are requesting regular updates on the status of the investigation,” DA George Gascón said.
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.The war in Ukraine is far from over, but the Ukrainians have inflicted an immense loss on the Russians. There is a lesson here for all of us about how to deal with extremism in any form.But first, here are three new stories from The Atlantic.
Asked to name the two most important things about Pinocchio, most Americans would answer: First, his nose grows when he lies, and second, he is a wooden puppet who dreams of becoming a real boy. At this, Carlo Collodi would most likely shake his head.
This is an edition of Up for Debate, a newsletter by Conor Friedersdorf. On Wednesdays, he rounds up timely conversations and solicits reader responses to one thought-provoking question. Later, he publishes some thoughtful replies. Sign up for the newsletter here.Last week, a person who came of age in the online era tweeted this question: “Literally BAFFLED as to how people found love before dating sites and social media.
Nothing is less fun than a fun fact. The mandate to share one about yourself, typically posed as an icebreaker in schools, offices, and other formal settings, is deeply constraining. The form demands a tidbit that’s honest without being overly revealing, interesting but never indecent, unique but not weird. Within such parameters, it’s virtually impossible not to come off as either hopelessly boring or a complete fool.
We look at how corporate involvement in Jackson, Mississippi’s infrastructure helped set the stage for its water crisis, as tens of thousands of residents of the majority-Black city remain under a boil water advisory. The main water treatment plant was damaged after a flood in late August, and while water pressure has been restored to most homes, viral videos show undrinkable brown liquid coming out of many taps.
Just after midnight on New Year’s Day of 2021, Newark police officer Rod Simpkins shot 39-year-old Carl Dorsey dead. Simpkins was in an unmarked police minivan and in plainclothes when he arrived at the scene after reportedly hearing gunshots. Within seconds of exiting his car, Simpkins fired his gun at Dorsey. It is unclear if he announced himself as a police officer.
The death of Queen Elizabeth II has focused global attention on the British royal family and renewed criticism of the monarchy both inside the U.K. and abroad, especially among peoples colonized by Britain.
The state efforts are a direct threat to abortion-rights advocates and other liberal groups’ efforts to bypass governors and legislatures and take issues directly to voters.
Chief Justice Bridget McCormack in her ruling blasted Republican officials who argued spacing and formatting errors on the text canvassers presented to voters rendered the entire effort invalid.
Abortion ranked fourth with 44 percent of registered voters saying it is “extremely important.” Guns ranked third with 46 percent.
The White House this week said that future national strategies to bolster Covid-19 immunity will fall in line with the annual flu campaign.
Absent more guidance from the government, physicians are sharing ideas for treating the mysterious condition.
The plan touted by the U.S. Treasury secretary aims to diminish the Kremlin’s revenue while preserving the global oil supply.
“Jerome Powell’s rhetoric is dangerous, and a Fed-manufactured recession is not inevitable — it’s a policy choice,” Sen. Elizabeth Warren said.
The housing market has cooled so much as the Fed withdraws its support for the economy that some analysts say it may be in a slump.
In a closely watched speech, the Fed chair foreshadowed further interest rate increases and warned that rates might need to stay high for some time to kill price spikes.