There’s one hopeful sign for the Fed on inflation. Really.
Slower wage growth could help bring down prices and ultimately mean less sting for the average worker.
Slower wage growth could help bring down prices and ultimately mean less sting for the average worker.
Lower-income and Black and Hispanic Americans have been hit especially hard.
Biden officials have repeatedly touted the jobs numbers as evidence of the economy’s underlying strength, but slowing the labor market is essential to helping tame consumer prices.
Fears have mounted that the central bank might trigger a recession sometime in the next year with its aggressive rate action.
“Chariots of Fire,” the Benny Hill theme and Kate Bush’s “Running Up That Hill” all made the list.
The House select committee investigating the Jan. 6 coup attempt focused its evening hearing on the coup itself: the actions of Donald Trump on and before that day to assemble an extremist mob, direct them to the Capitol, and rebuff security pleas as the mob stormed the building, ransacking offices and hunting for Mike Pence and others who refused to overturn the election’s results on Trump’s behalf.
There was other news today as well.
On Thursday night, the House select committee on Jan. 6 held its eighth public hearing, presenting damning evidence that Donald Trump’s failure to halt the assault on the Capitol was itself a vital part of the coup plot. In the process, the committee drew an underscore under a series of hearings that showed: how Trump plotted, even before the election, to overthrow democracy; how he worked through various scheme and attempts before landing on the Jan.
Americans aren’t the most attentive political observers. But thanks in part to Hollywood, they have a pretty clear vision of what they expect their president to do in an unfolding crisis, especially an attack on U.S. citizens at home or abroad. He (or she, in the movies at least) will march down to the Situation Room, confer with advisers, and at some point address the nation in a sober televised speech.
Trump’s son-in-law and adviser testified he was preparing to shower as the U.S. Capitol was being overrun and the House GOP leader asked for his help.
The suspected attacker was quickly apprehended by people at the campaign event. Zeldin was reportedly not injured during the brief confrontation.
During a prime-time hearing, the House select committee investigating the insurrection showed footage of the senator running out of the U.S. Capitol.
A clip of the video was shown during the latest hearing of the Jan. 6 committee.
On June 28, former White House aide Cassidy Hutchinson gave what was, until then, some of the most shocking testimony of the Jan. 6 hearings.
Tonight the Select Committee to Investigate the January 6 Attack on the U.S. Capitol will convene its eighth public hearing where investigators will pore over a gutwrenching 187-minutes of former President Donald Trump’s dereliction during the Capitol attack.
Tonight’s hearing will start at 8 p.m. ET and it is expected to be the final public hearing.
Tonight the Select Committee to Investigate the January 6th Attack on the U.S. Capitol will convene its eighth public hearing, where investigators will pore over a gut-wrenching 187 minutes of former President Donald Trump’s dereliction during the Capitol attack.
Tonight’s hearing will start at 8 PM ET and is expected to be the final public hearing.
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.House Democrats are rolling out a new strategy to protect civil rights post-Roe. Senate Democrats should get on board.But first, here are three new stories from The Atlantic.
Of course Biden has COVID.
America’s self-obsession is killing its democracy.
The United States Secret Service is reported to have permanently deleted or lost a host of data, including text messages, that relate to the January 6 insurrection. The Secret Service says that the deletions came about as part of a routine, long-planned update to its phone system and that, as part of this update, it factory-reset its agents’ mobile devices, deleting all data.
And there it is: President Joe Biden has tested positive for the coronavirus, the White House announced Thursday morning, and is dosing up with Paxlovid to keep his so-far “very mild symptoms” from turning severe.In some ways, this is one of the cases the entire world has been waiting for—not sadistically, necessarily, but simply because, like so many other infections as of late, it has felt inevitable.
Biden, who is twice boosted and has already started Paxlovid, is experiencing mild symptoms, according to the White House.
Following the resignation of British Prime Minister Boris Johnson, Finance Minister Rishi Sunak and Foreign Secretary Liz Truss have advanced to a runoff to succeed Johnson as Conservative leader, which would also make them prime minister. Both candidates would be “utterly devastating” for the U.K., says Guardian columnist George Monbiot. “What these people have to do to become prime minister is really to appeal to the worst instincts of humanity.
A massive heat wave has scorched much of Europe this week, with the U.K. shattering its record for highest temperature ever recorded Tuesday. We’re joined by author and environmental activist George Monbiot, whose latest column for The Guardian is headlined “This heatwave has eviscerated the idea that small changes can tackle extreme weather.
As heat waves scorch much of the globe, we look at who bears the brunt of the climate emergency and go to Kampala, Uganda, to speak with climate justice activist Vanessa Nakate. “The climate crisis has been here. It has been impacting the lives of so many people on the African continent, which is responsible for less than 4% of the global emissions,” says Nakate.
President Biden outlined new efforts to combat the climate crisis in a speech Wednesday but stopped short of declaring a national climate emergency — a move sought by the U.S. climate movement and many progressive lawmakers. This comes after Senator Joe Manchin just scuttled Biden’s Build Back Better climate legislation and as more than 100 million people in the United States are under heat advisories.
The agency has received criticism in recent months over its role in the infant formula shortage and its regulation of electronic cigarettes.
Lately, the fight has been concentrated in several Southern states, including West Virginia and Louisiana, where state courts have continuously blocked abortion bans.
Slower wage growth could help bring down prices and ultimately mean less sting for the average worker.
Lower-income and Black and Hispanic Americans have been hit especially hard.
Biden officials have repeatedly touted the jobs numbers as evidence of the economy’s underlying strength, but slowing the labor market is essential to helping tame consumer prices.
Fears have mounted that the central bank might trigger a recession sometime in the next year with its aggressive rate action.
Brig. Gen. Paul Stanton, the commander of Fort Gordon, confirmed the “terrible tragedy.