Powell’s warning to Congress: Inflation a ‘severe threat’ to jobs
The potential clash over the Fed’s plans to tighten monetary policy could be a harbinger of conflicts to come with Democrats and even some Republicans.
The potential clash over the Fed’s plans to tighten monetary policy could be a harbinger of conflicts to come with Democrats and even some Republicans.
Heightened frustration among Americans about soaring prices is fueling congressional pressure on the Fed chief over how the Fed will respond.
The four-week average, which smooths out week-to-week volatility, fell to just above 199,000, the lowest level since October 1969.
Today is the federal holiday that honors Dr. Martin Luther King Jr. He was born January 15, 1929. He was assassinated April 4, 1968, at the Lorraine Motel in Memphis, Tennessee. He was just 39 years old. While Dr. King is primarily remembered as a civil rights leader, he also championed the cause of the poor and organized the Poor People’s Campaign to address issues of economic justice. Dr. King was also a fierce critic of U.S. foreign policy and the Vietnam War.
In the news today: There’s a new federal website for ordering COVID-19 tests. A bit of light has been shed on why one liberal Supreme Court justice has been hearing oral arguments remotely rather than in person: It’s because Justice Neil Gorsuch is refusing to wear a mask, despite being asked to by the chief justice himself. The sex trafficking investigation into Rep.
We’ve come a long way from the days of Bill “I Didn’t Inhale” Clinton and our overwrought collective freakout over ordinary and decidedly normal cannabis use. Not that long ago, video of a U.S. Senate candidate smoking weed in a field would be considered lurid oppo research. But now, at least one candidate, Gary Chambers, is featuring it in his campaign advertising.
Now, I doubt Chambers will win.
Stevie Wonder had a blunt message for U.S. senators who refuse to support voting rights legislation when it comes up for a vote this week: “Cut the bull-tish.”
The music legend released a late-night video message to mark Rev. Dr. Martin Luther King Jr.’s birthday, hours before the Senate opens debate on voting rights legislation.
Rhode Island Rep. Jim Langevin, a Democrat whose 2000 win made him the first quadriplegic to ever serve in Congress, said Tuesday that he would retire from the 2nd District.
The current version of this seat, which includes part of Providence and western Rhode Island, backed Joe Biden by a 56-43 spread four years after it favored Hillary Clinton by a smaller 51-44 margin.
Democratic Rep. Jerry McNerney, who got to Congress in 2006 by unseating a longtime Republican incumbent, announced Tuesday that he would not seek another term in California’s redrawn 9th District, a new seat that shares the same number as his current constituency. Minutes later, fellow Democratic Rep.
The Fox News star clapped as she announced the military leader had tested positive despite being vaccinated and boosted.
The administration said last week that Americans would be able to order up to four tests per residential address through the website and see tests ship within 7 to 12 days of ordering via the U.S. Postal Service.
The group said that Sinema’s stance on not changing filibuster rules to pass voting rights legislation “undermines the foundations of our democracy.
The House committee investigating the Capitol insurrection has issued subpoenas to some of Donald Trump’s closest advisers, including Rudy Giuliani.
As his campaign struggles to surge, Vance returned to his hometown to convince voters he’s the real deal.
A bad look for a justice who claims to champion civility in politics.
The Atlantic is launching Famous People, a newsletter by staff writer Kaitlyn Tiffany and writer and creative strategist Lizzie Plaugic. Kaitlyn and Lizzie recap the small parties, dinners, and events they attend with each other and their friends––and nobody famous.Starting today, readers can sign up and read the first edition, where Kaitlyn follows Martha Stewart’s instructions to create a “Russian Buffet for Twenty-Four” from her 1982 book, Entertaining.
Sign up for Kaitlyn and Lizzie’s newsletter here. Kaitlyn: A few months ago, my friend Stephanie found a copy of Martha Stewart’s 1982 book, Entertaining, on a stoop in Brooklyn and gave it to me at my birthday breakfast. This book is amazing.
During Saturday’s synagogue attack in Colleyville, Texas, the gunman Malik Faisal Akram repeatedly called for the release of Pakistani neuroscientist Aafia Siddiqui, who is serving an 86-year sentence in a U.S. federal prison located just miles from the synagogue. Siddiqui was convicted in 2010 on charges that she intended to kill U.S. military officers while being detained in Afghanistan two years earlier. However, many questions remain unanswered about her time in U.S.
On Saturday, an armed British man named Malik Faisal Akram took a rabbi and three congregants hostage at a synagogue outside of Fort Worth, Texas, resulting in an 11-hour standoff that ended once the rabbi threw a chair at Akram, who was later shot dead by the police. The standoff — which left all four hostages unharmed — has been identified by President Biden and federal authorities as an antisemitic act of terror.
Senate Democratic leadership insists they will debate two critical voting rights bills even though Democratic Senators Joe Manchin and Kyrsten Sinema have publicly denounced their party’s plan to make changes to Senate filibuster rules that would give Democrats the votes needed to pass the landmark legislation. Meanwhile, thousands marched in support of the legislation and the necessary filibuster rule changes in Washington, D.C.
After Andreea’s mom died of COVID-19 in April, the harassment started. Noxious messages started coming in after she wrote a Facebook post letting friends and family know about her loss.One person messaged her to say they couldn’t believe her mother hadn’t protected herself.
A neoconservative, Irving Kristol famously joked, is a liberal mugged by reality. What, then, is a liberal who has been mugged by, well, muggers—or rather, carjackers?The question isn’t academic. Last month, in separate, unrelated events, two Democratic lawmakers were carjacked at gunpoint. On December 21, Illinois state Senate Majority Leader Kimberly Lightford had her car stolen in suburban Chicago. The next day, U.S.
“The challenge is that the entire country is not moving at the same pace,” Vivek Murthy said.
The city went into strict lockdown on Dec. 22.
A senior administration official told reporters the government has 420 million tests under contract and tens of millions already in its possession.
The government reported Wednesday that the consumer price index, the most widely watched gauge of inflation, hit a four-decade high in December compared to the previous year.
The jump is the latest evidence that rising costs for food, rent and other necessities are heightening the financial pressures on America’s households.
The potential clash over the Fed’s plans to tighten monetary policy could be a harbinger of conflicts to come with Democrats and even some Republicans.
Heightened frustration among Americans about soaring prices is fueling congressional pressure on the Fed chief over how the Fed will respond.
The four-week average, which smooths out week-to-week volatility, fell to just above 199,000, the lowest level since October 1969.