Failure ‘not an option’: Fed vows all-out fight on inflation
Fears have mounted that the central bank might trigger a recession sometime in the next year with its aggressive rate action.
Fears have mounted that the central bank might trigger a recession sometime in the next year with its aggressive rate action.
Things are so dire that central bank policymakers might hike rates by three-quarters of a percentage point, a move not taken in almost 30 years.
America’s rampant inflation is imposing severe pressures on families, forcing them to pay much more for food, gas and rent.
Uvalde, Texas, school district police chief Pete Arredondo has resigned from his new position on Uvalde’s City Council after facing widespread criticism over his handling of the May 24 school massacre when an 18-year-old gunman shot dead 19 fourth graders and two teachers. State authorities say Arredondo was the incident commander who ordered officers to wait in the school’s hallway for over an hour instead of confronting the gunman.
The Georgia Republican spoke just days after seven people were killed in a mass shooting at a parade in Illinois.
Former Education Secretary Bill Bennett said exorcists can help potential mass shooters with “deeply spiritual problems.
“It just defies logic to think that there wasn’t some other factor involved,” Andrew McCabe said.
In the news today: Another Trump aide who was witness to events inside the White House leading up to the Jan. 6 coup attempt has agreed to give public testimony to the House select committee investigating the coup; Trump’s former deputy press secretary, Sarah Matthews, resigned her post immediately after the Trump-incited violence. Sen.
July Fourth is a holiday filled with cookouts, alcohol, BBQs, family, friends, and fireworks. Lots of fireworks. But fireworks are by nature explosives and parties get out of hand and explosives are … explosive. Every year, more and more Americans are injured or killed in firework-related mishaps. That number has increased over the years as more and cheaper fireworks become available to the public.
The United States had more mass shootings over the holiday weekend—11, to be exact—making us the Joey Chestnut of mayhem, in that no one can even hope to challenge us. Republicans insist the reason we have so many more gun killings than any other country can’t possibly be the guns—because too many Fox News viewers enjoy doing white-knuckle drive-by hits on mule deer from their Rascal scooters.
The redoubtable, indefatigable, and gnarly rad Russian media monitor Julia Davis is back with another dispatch from the land of make-believe—otherwise known as Russian state TV. It’s a transcendently weird place where Vladimir Putin is doggedly de-Nazifying his Jewish-led neighbor and NATO somehow has reason to fear a Russian attack—even though Russia hasn’t been able to defeat its much-smaller non-NATO neighbor in four-plus months.
A day following the mass shooting during a July 4th parade in Highland Park, Illinois, disgraced Fox News anchor Bill O’Reilly went on an asinine and (even for him) deeply racist rant on his No Spin News and Analysis podcast in response to a recent press conference by Illinois Gov. J. B. Pritzker.
“There are no words for the kind of evil that turns a community celebration into a tragedy,” Pritzker 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.I wonder if the remaining sensible Republicans have accepted the irretrievable loss of the GOP they once knew.But first, here are three new stories from The Atlantic.
Let’s use Chicago rules to beat Russia.
Hybrid work is doomed.
Uber Pool is a zombie.
Ken Harbaugh, an old friend of Eric Greitens, calls the Missouri Senate candidate “a broken man, who will do anything, including inciting violence, to regain power.
Moving four abortion clinics will require major fundraising, the clinic network said.
This article contains light spoilers through the fourth season of Stranger Things.Somehow, even thousands of viewing minutes in, my synapses numbed by a cinematic universe so squelchy that it induces visceral anxiety, I still don’t really know how to feel about Stranger Things. It’s hard to even say exactly what it is. TV watchers today are accustomed to streaming works that coalesce, murkily, somewhere between film and television.
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.
When Michelle Stokes noticed a necrotic wound on her cat, Jellyfish, last July, she and her husband had to call about 50 vets before finding one that could squeeze them in.The local emergency animal hospital was so backed up that it said the wound—serious but not yet life-threatening—wasn’t really an emergency. Jellyfish didn’t have a regular vet, because Stokes and her husband had just moved to the Cleveland area.
College-sports traditionalists were appalled last week when the Big Ten athletic conference announced that it will add UCLA and the University of Southern California to its membership in 2024—creating a seismic shift in the college-sports landscape that will generate millions of dollars in revenue for the two California powerhouse programs.This reorganization is the strongest indicator yet that college sports is cannibalizing itself.
The U.S. Supreme Court announced Thursday it will hear oral arguments in a case experts warn could be one of the greatest threats to U.S. democracy since the deadly January 6 insurrection at the Capitol. In October, the court will hear Moore v. Harper — a case which seeks to reinstate gerrymandered congressional maps that were struck down by North Carolina’s highest court.
Boston officials claim they had no prior knowledge of a march through the city by about 100 members of the white supremacist group Patriot Front on Saturday. Local anti-fascist organizers contronted the marchers, who also attacked a local Black artist named Charles Murrell.
The death toll in Monday’s mass shooting in Highland Park, Illinois, has risen to seven after another victim died from their injuries. The suspect has been charged with seven counts of first-degree murder over the massacre that also left scores of people injured, including nine people who remain hospitalized. Police say he legally purchased five weapons, including the high-powered rifle used in the shooting, despite visiting his home in 2019 over threats of violence.
In some states, the legal status of abortion has flipped back and forth multiple times since the Supreme Court’s decision last month.
They are avoiding the fallout from the Roe decision to ensure eased rules are extended beyond the pandemic.
For USAID’s Atul Gawande, the challenge is helping vulnerable populations while the world battles multiple crises at once.
South Dakota Republican Kristi Noem didn’t endorse an abortion.
Fears have mounted that the central bank might trigger a recession sometime in the next year with its aggressive rate action.
Things are so dire that central bank policymakers might hike rates by three-quarters of a percentage point, a move not taken in almost 30 years.
America’s rampant inflation is imposing severe pressures on families, forcing them to pay much more for food, gas and rent.
As the Supreme Court strikes down Roe v. Wade, we speak with law professor Michele Goodwin, who has written extensively about how the criminalization of abortion polices motherhood. She discusses how on the eve of the court’s oral arguments in the Dobbs case in November, she wrote about how an abortion saved her life. She describes how the U.S.