‘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.
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.
The geopolitical rivalry between the United States and China is reshaping life in the U.S. territory of Guam, where the already-massive military presence is set to expand as the Pentagon builds up its capabilities in the Pacific. “We are directly in the line of fire,” says Julian Aguon, a CHamoru writer and human rights lawyer, who describes the build-up of U.S. troops and military infrastructure on Guam as “nothing less than cataclysmic” for the Indigenous people.
We look at how the Ukraine war is contributing to an energy crisis across Europe with Greek politician and economist Yanis Varoufakis. Last week Russia announced it would not resume sending natural gas to Europe via the Nord Stream 1 pipeline, blaming Western sanctions for supposed maintenance delays keeping the gas shut off.
Kimberly Mata-Rubio said she shared the last photo of her daughter with Sen. Cruz. The photo showed her daughter, Lexi, in a child-sized casket.
Donald Trump’s MAGA followers were in full meltdown mode this week after the news broke Tuesday that the FBI had seized the cell phone of MyPillow CEO Mike Lindell, one of the leading figures and financiers of the Trumpist election-denialism movement. Within hours, a number of leading Trump defenders—including Fox News’ Tucker Carlson—were denouncing what they all claimed was a sure sign of the Biden administration’s persecution of conservatives.
What’s the first thing any self-respecting, savvy Democrat should do when Senate Minority Leader Mitch McConnell is having a bad week?
Make. It. Worse.
McConnell has lost control of his conference. South Carolina’s Lindsey Graham threw the Republican Senate into disarray with his national abortion ban. Meanwhile, Sen.
Russia has hit the dam at Kryvyi Rih with what is reported to be at least six ballistic missiles. The impact created sizable damage to a dam over the Inhulets River, resulting in a flood that for some time was raging downstream. Reportedly, several bridges have already been swept away, and a number of towns and villages on both sides of the river have experienced flooding as water levels rapidly rose.
Republicans who have spent the past few weeks desperately trying to erase their abortion stances from their campaign websites had all that hard work go up in smoke Tuesday, when a freelancing Lindsey Graham decided to force the issue on them.
Some of them seemed to welcome it, though. Like Arizona’s Blake Masters, who’s running for the U.S. Senate. He was one of the first to start backpedaling from his extreme abortion stance.
Texas’s ban on abortions after six weeks has been in effect for about a year now, since the U.S. Supreme Court decided, from the shadow docket, to let it happen. Since then, the Court has overturned federal abortion protections, and Texas’s near-total ban has been enacted. Now it appears that Republican Gov. Greg Abbott’s administration is actively covering up any deaths that have occurred because of the forced birth laws.
Four leading health organizations played a major part in envisioning and founding critical programs to develop, secure and distribute Covid tests, vaccines and treatments.
A team of journalists looked at how much four health organizations collectively raised, granted and invested for Covid and in preparation for the next pandemic.
Workers may walk off the job – or be locked out by their employers – if they can’t reach a deal by the Friday deadline.
Republicans attacked Mandela Barnes’ national support of ending cash bail with a racist and fear-mongering ad.
Charlotte Bennett is one of the dozen-plus women who came forward with sexual harassment allegations against the former New York governor.
The first Alaska Native to represent the 49th state says she is operating on adrenaline and joy as she settles in.
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.Brain fog is one of the most destructive symptoms of long COVID—and one of the most misunderstood.
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.
Senators on the HELP Committee said the vaccine rollout was too slow.
John Durham, the U.S. attorney whom former Attorney General Bill Barr appointed to investigate the origins of the investigation into Russian interference in the 2016 election, is reportedly near to wrapping up his work.The grand jury he was using to hear evidence is expiring; there’s no indication he will convene another, and members of his team are leaving, having produced a rather thin record.
One of the first photographs I fell in love with was Robert Frank’s Fourth of July, Coney Island (1958). Night has fallen on Coney Island. The sky, which stretches across the top third of Frank’s photograph, looks to be painted solid black. In the foreground, far from the crowds in the distance, lies a beautiful young Black man, his back to debris left in the sand. He lies alone, asleep, curled up in a fetal position, prayer hands tucked between his knees.
In a series of recent NSC meetings, top health and White House officials have debated how to respond to an outbreak of the virus.
We speak with The New Yorker’s award-winning war correspondent Luke Mogelson about his new book, “The Storm Is Here: An American Crucible.” The book gives an eyewitness account of right-wing extremism and growing civic unrest in the U.S. since 2020, starting with anti-lockdown protests in Michigan and culminating in the January 6 insurrection. Mogelson, who filmed the attack on the U.S.
We speak with journalist and activist Eamonn McCann about Queen Elizabeth II’s legacy in Ireland and the impact of her recent death on the prospects of Irish unification. This comes as King Charles III visited Northern Ireland Tuesday on his national tour commemorating his mother, whose reign oversaw more than 3,600 deaths over three decades in Northern Ireland in fighting between the Irish Republican Army and forces backed 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.
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.