Whispers about insolvency. A bank run. A desperate attempt to raise funds. A bank failure. Market gyrations. Concerns about financial contagion.History is repeating itself. Today, California regulators shut down Silicon Valley Bank, a lender aimed at start-ups, technology firms, and wealthy individuals. The Federal Deposit Insurance Corporation stepped in as the bank’s receiver.
Don’t write off popular Korean-language TV series as sappy melodrama. These shows will expand your conception of what storytelling can be. Read on for recommendations for your weekend.But first, here are three new stories from The Atlantic:
Trump gets a taste of his own medicine.
The Oscars’ incredible knack for being wrong
Live closer to your friends.
To describe the plot of Crash Landing on You to the uninitiated is to invite mockery.
Roe v. Wade attorney Linda Coffee auctioned off a collection of around 150 documents from the famous case — and there was a surprise buyer.
“This is not normal,” Donald Trump’s opponents warned as he took office and began enacting his agenda. He gave them so many chances to use the phrase that it became first a cliché and then a sorry joke.But the warning was not wrong: Trump acclimated Americans to many egregious actions by exposure therapy. What was once novel and frightening became familiar; familiarity bred contempt, but also enough acceptance to let Trump get away with a lot.
The president hasn’t said if he will sign it, or issue his first veto.
The wolf’s yellow eyes, sharp claws, and snapping teeth haunt our fairy tales and idioms, Erica Berry writes in her recent book, Wolfish. She asks why the animal has persisted as such a potent symbol of fear, arguing that this may color the way we see the world we share with animals and one another.
Recently, on a YouTube channel, I said something terrible, but I don’t know what it was. The main subject of discussion—my reporting on the power of online gurus—was not intrinsically offensive. It might have been something about the comedian turned provocateur Russell Brand’s previous heroin addiction, or child-abuse scandals in the Catholic Church. I know it wasn’t the word Nazi, because we carefully avoided that.
Five women in Texas who were denied abortions are suing the state for denying them necessary medical care even though their pregnancies were nonviable and posed serious risks to their health. “I cannot adequately put into words the trauma and despair that comes with waiting to either lose your own life, your child’s life, or both.
As President Biden proposes his new budget, which expands military spending, as well as social services, we speak with Democratic Congressmember Barbara Lee, co-chair of the Defense Spending Reduction Caucus. She recently reintroduced the People Over Pentagon Act to cut $100 billion from the Pentagon budget and reallocate funds to overlooked priorities like healthcare and education.
U.S. Director of National Intelligence Avril Haines is calling China the “most consequential threat” to U.S. national security. Meanwhile, the Chinese parliament has unanimously voted to give Xi Jinping a third five-year term as president. On Monday, Xi directly accused the United States of suppressing China’s development, stating, “Western countries — led by the U.S. — have implemented all-round containment, encirclement and suppression against us.
Republican House and Senate leadership have been adamant that they will not cut Social Security and Medicare, but have said less about Medicaid.
In an interview with POLITICO, Fauci dismissed the charge.
Government controls on a lifesaving treatment for opioid use disorder have dissuaded doctors from prescribing it, and pharmacies from carrying it.
The proposal allows for exceptions to save a patient’s life or if the pregnancy is the result of rape or incest.
“I can’t think of a time when there’s been greater uncertainty,” the president said.
The president promised a lot last year. Here’s how we graded him on some of those pledges.
Noting the 3.4 percent jobless rate, the lowest since May 1969, the president said “the Biden economic play is working.
Fed officials are signaling that they’re determined to keep their vise-like grip on the economy through the end of 2023.
As we mark International Women’s Day on March 8, we look at the criminalization of abortion with filmmaker Celina Escher, who directed the award-winning documentary Fly So Far about abortion in El Salvador, which has enforced an abortion ban since 1998, and dozens of people have been convicted and imprisoned after having miscarriages, stillbirths and other obstetric emergencies.
CNN’s Jake Tapper torched Jenna Ellis for her “basic lack of humanity.
Plaskett blasted Republicans for bringing Musk’s “public scribes” to the hearing before several exchanges with Jordan on Thursday.
Rep. Marjorie Taylor Greene (R-Ga.) pushed for the probe into alleged “human rights abuses” at the jail.
The former president is under investigation for hush money payments sent to Stormy Daniels, who claims she had an affair with him.
The GOP is engaging in an all-out attack on transgender Americans through legislation in the statehouses, and they’re moving their fight to Congress.
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.Fox News will likely never face any real consequences for the biggest scandal in the history of American media. But will Republican voters finally understand who really looks down on them?First, here are three new stories from The Atlantic.
Elon Musk is spiraling.
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.
ChatGPT, the internet-famous AI text generator, has taken on a new form. Once a website you could visit, it is now a service that you can integrate into software of all kinds, from spreadsheet programs to delivery apps to magazine websites such as this one. Snapchat added ChatGPT to its chat service (it suggested that users might type “Can you write me a haiku about my cheese-obsessed friend Lukas?”), and Instacart plans to add a recipe robot. Many more will follow.
In recent memory, a conversation about Elon Musk might have had two fairly balanced sides. There were the partisans of Visionary Elon, head of Tesla and SpaceX, a selfless billionaire who was putting his money toward what he believed would save the world. And there were critics of Egregious Elon, the unrepentant troll who spent a substantial amount of his time goading online hordes. These personas existed in a strange harmony, displays of brilliance balancing out bursts of terribleness.
Prosecutors in Atlanta have charged 23 forest defenders with “domestic terrorism” after their arrests late Sunday at a festival near the site of Cop City, a massive police training facility being built in the Weelaunee Forest. The arrests followed clashes between police and protesters on Sunday afternoon and came less than two months after Atlanta police shot and killed Manuel “Tortuguita” Terán, a 26-year-old environmental defender.
Mississippi’s Republican majority in the state Legislature has put forth a slew of bills in recent months to put the majority-Black capital of Jackson under a white-led superstructure. Under the proposed bills, the Capitol Police would be expanded and given greater authority over much of Jackson without being accountable to local leaders or residents, and a separate court system would be set up in the city, composed of judges appointed directly by white state officials.