Today's Liberal News
Fed’s Powell walks tightrope as economy faces new uncertainty
The Fed chief will likely keep up his persistent advice to Congress to spend more to spur a meaningful recovery.
Listen: Why the Virus Is Spreading So Unevenly
The nation’s attention has turned to the protests, but the coronavirus hasn’t gone away. In fact, the decline in hotspots like New York may hide a growing problem elsewhere—a problem whose path has been disconcertingly random.Staff writer Alexis Madrigal tracks coronavirus data with the COVID Tracking Project at The Atlantic. He joins hosts James Hamblin and Katherine Wells on the podcast Social Distance to give an update on the state of the virus in the United States.
U.S. entered recession in February, ending record expansion
The National Bureau of Economic Research made the designation official on Monday.
The Atlantic Daily: Minneapolis Faces a Reckoning
Every weekday evening, our editors guide you through the biggest stories of the day, help you discover new ideas, and surprise you with moments of delight. Subscribe to get this delivered to your inbox.Minneapolis faces a reckoning.Justin Ellis, who grew up in the heart of the city’s Lake Street corridor, found Floyd’s death, and the violence that followed it, “inevitable.
How the U.S. economic response could change as people go back to work
Despite the drop in the unemployment rate in May, many economists feel further aid is needed.
Trump declares victory amid turmoil
Surprisingly positive jobs numbers had the president ebullient on Friday, gleeful that the upswing indicated America’s ills were on the mend.
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Wow, it’s only Wednesday. But we’ll count that as a good thing, here. Because it means we’ve got another day with Greg Dworkin on tap.
I don’t know how we’re going to top yesterday’s Trump freak out. I suppose the only place for him to go is to accuse Santa of really being Santifa, or something of that nature.
The Familial Language of Black Grief
I cracked a joke to break the tension. “Everyone put on your seat belts, because the cops are definitely pulling us over tonight.” Psychologists say that laughter relieves stress and reduces anxiety—I guess that’s what I was going for in that moment. We were five black men sitting in a very nice car, a black Range Rover, about to go out for a night on the town. As I recall, we really tore it up at the local coffee shop with our lattes and pour-overs.
How Mitch McConnell Is Defunding the Police
On a modest scale, police defunding is happening. For years, powerful police unions have made law-enforcement funding all but untouchable. As The New York Times noted in 2018, the number of police per capita has risen over the past three decades even as crime rates have plunged. Last week, however, Los Angeles Mayor Eric Garcetti announced that he would shave at least $100 million from his city’s law-enforcement budget.
The Looming Bank Collapse
After months of living with the coronavirus pandemic, American citizens are well aware of the toll it has taken on the economy: broken supply chains, record unemployment, failing small businesses. All of these factors are serious and could mire the United States in a deep, prolonged recession. But there’s another threat to the economy, too. It lurks on the balance sheets of the big banks, and it could be cataclysmic.
Tucker Carlson Rails Against Elmo And His Dad In Bonkers New Rant
The Fox News host isn’t happy about “Sesame Street” characters explaining protests to children.
Victoria’s Secret Has Only Itself to Blame
After years of scandal and declining sales, the iconic brand is struggling to survive the coronavirus.
How to Get a Job During a Pandemic, According to a LinkedIn Insider
Think about how to help the person you’re trying to network with, rather than helping yourself.
What Happened With Today’s Shocking Jobs Report?
Defying economists’ expectations, unemployment fell in May and the economy added 2.5 million jobs.
The $7,000 Covid test: Why states are stepping in to shield consumers
One national insurer was billed $6,946 for a coronavirus test in Texas, according to claims data reviewed by POLITICO.
Brazil stops publishing its coronavirus death toll
Jair Bolsonaro’s government has come under fire for information that has been seen as “fanciful or manipulated.
Coronavirus drugmakers’ latest tactics: Science by press release
Pharmaceutical companies are using the media to tout treatments that are still under review.
Withdrawn drug study adds more politics, distrust to coronavirus science
Hydroxychloroquine retraction stirs partisan response.
States prod nursing homes to take more Covid-19 patients
Offered vastly higher reimbursements, many substandard facilities are jumping at the chance to accept sick residents.
U.S. entered recession in February, ending record expansion
The National Bureau of Economic Research made the designation official on Monday.
How the U.S. economic response could change as people go back to work
Despite the drop in the unemployment rate in May, many economists feel further aid is needed.
Trump declares victory amid turmoil
Surprisingly positive jobs numbers had the president ebullient on Friday, gleeful that the upswing indicated America’s ills were on the mend.
Tuesday Night Owls: Debt collectors aren’t letting up just because of Pandemic Recession
Night Owls, a themed open thread, appears at Daily Kos seven days a week
Paul Kiel and Jeff Ernsthausen at Pro-Publica write—Capital One and Other Debt Collectors Are Still Coming for Millions of Americans:
Federal, state and local officials have all taken some steps to protect Americans from the ravages of the economic crash due to COVID-19. Congress halted a substantial portion of evictions, foreclosures and collection on student loans.
Sean Hannity Claims Trump Is Also A Victim Of Crooked Cops: ‘It’s Horrific’
Fox News host says it’s not the same as what happened to George Floyd, but “a bad cop is a bad cop.
Authors get real about book advances, highlighting enormous pay disparity for writers of color
As people are slowly starting to discuss pay disparities based on race, gender identity, sexual orientation, and disabilities more openly, one subject that hasn’t gotten a lot of attention is the matter of what monetary advances writers receive for their books. At first, that sounds like a pretty niche topic, but as has become evident via viral Twitter hashtag #PublishingPaidMe, even people without a connection to the publishing world are taking an interest.
Los Angeles mayor says he will redirect up to $150 million from police to community
On June 3, the Los Angeles City Council introduced a motion to cut $100-150 million from the city police department budget. The council cited the week’s protests in the name of Black citizens like Breonna Taylor, George Floyd, and Ahmaud Arbery. The motion said that “A city’s budget is a reflection of a government’s values, principles and priorities.