Powell’s inflation miscalculation raises stakes on rate shift
The Federal Reserve chair needs to convince markets he means business when he addresses the landmark conference of economists on Friday.
Today's Liberal News
Appalachians Protest Manchin’s Mountain Valley Pipeline Plan; Sanders Decries “Disastrous Side Deal”
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.
Roundtable: Amid Tributes to Queen Elizabeth, Deadly Legacy of British Colonialism Cannot Be Ignored
We host a roundtable on the life and legacy of Britain’s Queen Elizabeth II, who died Thursday at the age of 96. She was the country’s longest-reigning monarch, serving for 70 years and presiding over the end of the British Empire. Her death set off a period of national mourning in the U.K. and has thrown the future of the monarchy into doubt.
“Attack Philanthropy”: Right-Wing Billionaire Fueled Climate Denial & Conservative Judges, Schools
New revelations about the secretive right-wing billionaire Barre Seid, who donated $1.6 billion to a conservative nonprofit run by Leonard Leo, known as Donald Trump’s “Supreme Court whisperer,” show he has also used his massive fortune to undermine climate science, fight Medicaid expansion and remake the higher education system in a conservative mold.
Famine by October? Somalia & East Africa Face Humanitarian Crisis Amid Climate Change, Ukraine War
We look at the devastating effects of climate change and global inequity in East Africa, and how many countries face drought and a looming famine, with guests in Mogadishu, Somalia, and Addis Ababa, Ethiopia. “The current unprecedented drought, that is a result of four consecutive failed rainy seasons, with the fifth and the sixth projected to also be below average, is causing a huge food insecurity,” says Adam Abdelmoula, the U.N.’s humanitarian coordinator for Somalia.
House of the Dragon Had One Great Idea
This story contains spoilers for Season 1, Episode 4 of House of the Dragon.Like a court musician ordered to strum a princess’s favorite tunes under a Weirwood tree, HBO’s House of the Dragon knows how to play all the hits that satisfy Game of Thrones fans. The small-council meetings crackle with passive-aggressive tension. The sets look eye-popping, the dragons only more so. The battle sequences appear to spill enough blood to fill the Narrow Sea.
Ban the Box policies reduce job barriers for formerly incarcerated people
This article was originally published at Prism.
In 2013, Marilyn Reyes was in a peer program run by New York Harm Reduction Educators when she first learned about VOCAL-NY, a New York-based grassroots group mobilizing people directly impacted by HIV/AIDS, mass incarceration, the war on drugs, and homelessness.
Ukraine update: Russia suffered a massive defeat, now they’re venting their anger on one small city
Russia spent months building up the location of Kozacha Lopan, north of the city of Kharkiv. When Ukraine first began a counteroffensive in the area, back in April, Russia made protection of Kozacha Lopan a priority. It was seen as the gateway to the E105 highway crossing, the largest and most active border crossing between Russia and Ukraine.
New book claims Donald Trump once tried to pay a $2 million legal fee with a horse
We can be reasonably certain that Donald Trump was selling highly classified nuclear secrets to our enemies—because they’re worth a lot of money and Trump has the morals of a ShopRite head cheese.
Nuts & Bolts—Inside the Democratic Party summer DNC meeting
Welcome to Nuts & Bolts. A few times a year, this series looks beyond campaigns and to the makeup of the party itself, the rules, resolutions, proposals and general outlook that shape what the party wants to be for the future. The Democratic Party, like everything in our life, will change and grow as our understanding and our society change and grows. It is a healthy and important part of making sure that we stay in tune with the voters we need every November.
Ukraine Update: Massive Ukrainian victory, Russia leaving all of Kharkiv oblast
A quick update to get the news up, I’ll flesh this out throughout the day.
Russians confirm they are leaving the whole of Kharkiv Oblast. That’s right, now leave a few more. pic.twitter.com/bbyhNYBi8M— Dmitri (@wartranslated) September 11, 2022
HIMARS caught a retreating Russian unit:
Here is the what remains of the Russian military column. pic.twitter.
Biden Honors 9/11 Victims, Vows Commitment To Thwart Terror
President Joe Biden has marked the 21st anniversary of the Sept. 11 attacks, taking part in a somber wreath-laying ceremony held at the Pentagon under a steady rain.
It’s Time to Prepare for a Ukrainian Victory
Over the past six days, Ukraine’s armed forces have broken through the Russian lines in the northeastern corner of the country, swept eastward, and liberated town after town in what had been occupied territory. First Balakliya, then Kupyansk, then Izium, a city that sits on major supply routes. These names won’t mean much to a foreign audience, but they are places that have been beyond reach, impossible for Ukrainians to contact for months. Now they have fallen in hours.
Harris: Election Deniers And Their Supporting Politicians Are Degrading U.S.
“I think that we have to admit that there are attacks from within … and we need to take it seriously,” she said.
Al Franken Presses GOP Strategist About Her Misleading SCOTUS Take On CNN
“Tell me when it happened before,” Franken asked Alice Stewart after she made a claim about filling Supreme Court vacancies in election years.
Where Our Sense of Self Comes From
We accept as self-evident that each of us is free to think and form our own opinions, that we have autonomous selves. Western societies and institutions are founded on this spirit of individual freedom and self-determination. But it is becoming clear that this very core of Western democratic culture is being undermined—be it by Russia’s cyber interference in elections or the widespread dissemination of fake news on social media.
GOP Lawmaker Honors ‘Hero’ Jan. 6 Rioter With A Post-Prison Gift
Rep. Louie Gohmert of Texas presented Dr. Simone Gold with a flag flown over the U.S. Capitol, which she stormed during the 2021 insurrection.
There’s Nothing Quite Like the Wrath of Losing Your Fantasy League
At first, Damon DuBois’s fantasy-football league kept the punishment for the last-place finisher fairly tame. The loser would have to let the champion select their team name for the following year, take care of the housekeeping at the next draft, or, at worst, sport an I suck at fantasy football license plate all off-season. Nothing crazy.But by the final weeks of each season, league members already eliminated from playoff contention were checking out. DuBois wanted to raise the stakes.
After the Queen, What Is Britain?
It wasn’t exactly a shock. The ancient and beloved Queen, who had reigned much longer than most of her subjects had lived, was 96 and visibly failing. Leaning on a stick, she managed a smile last week as she invited Liz Truss, Britain’s new prime minister, to form a government. And within 48 hours, she was dead.A huge and complex contraption of official mourning, rehearsed to exhaustion over the past 15 years, lurched into action. Public events were canceled.
Michigan Supreme Court puts abortion on the November ballot
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.
POLITICO-Harvard poll: Gun policies, along with abortion, inflation and economy, are top concern for voters
Abortion ranked fourth with 44 percent of registered voters saying it is “extremely important.” Guns ranked third with 46 percent.
4 things to know about the bivalent booster campaign rollout
The White House this week said that future national strategies to bolster Covid-19 immunity will fall in line with the annual flu campaign.
Doctors are taking it on themselves to figure out long Covid
Absent more guidance from the government, physicians are sharing ideas for treating the mysterious condition.
Why the Russian Military Brutalizes Ukraine
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.War is always a brutal business, but why is the Russian military so determined to inflict civilian casualties on neighboring Ukraine? I talked with a fellow Russia expert.But first, here are three new stories from The Atlantic.
G-7 announces price cap deal on Russian oil in win for Yellen
The plan touted by the U.S. Treasury secretary aims to diminish the Kremlin’s revenue while preserving the global oil supply.
Powell’s ‘dangerous’ words risk resistance from lawmakers
“Jerome Powell’s rhetoric is dangerous, and a Fed-manufactured recession is not inevitable — it’s a policy choice,” Sen. Elizabeth Warren said.
‘We’re in a housing recession’
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.
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.
Powell’s inflation miscalculation raises stakes on rate shift
The Federal Reserve chair needs to convince markets he means business when he addresses the landmark conference of economists on Friday.
Appalachians Protest Manchin’s Mountain Valley Pipeline Plan; Sanders Decries “Disastrous Side Deal”
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.