‘The last mile is harder’: Stubborn inflation stalls Fed rate cuts
The concern is that higher rates are putting pressure on households and businesses looking to borrow, weighing on hiring, investment and the housing market.
The concern is that higher rates are putting pressure on households and businesses looking to borrow, weighing on hiring, investment and the housing market.
Last month’s job growth was up from a revised gain of 229,000 jobs in January.
The president’s team thinks it’s had a historically successful first term, delivering victories on the economy, climate, drug pricing and more. But many Americans aren’t feeling it.
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.
Updated at 6:17 p.m. ET on April 16, 2024
Donald Trump is among the most famous and most polarizing people alive. The task of selecting 12 impartial jurors who can render a fair verdict in the criminal trial of a former president is a first for America’s court system.
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The Iranian attack on Israel has heightened the fierce cross-pressures shaping President Joe Biden’s conflicted approach to the war in Gaza.
Throughout Israel’s military engagement, Biden has struggled to square his historic inclination to support Israel almost unreservedly with growing hostility in his party toward Israeli Prime Minister Benjamin Netanyahu’s conduct of the war.
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“I JUST STORMED OUT OF BIDEN’S KANGAROO COURT!” Donald Trump wrote in an email to supporters late yesterday afternoon, shortly after the end of the first day of his trial on charges of hiding hush-money payments during the 2016 campaign.
The statement led off a fundraising appeal, and it was, somewhat predictably, a lie.
We speak with veteran journalist Peter Maass about the Israeli war on Gaza and his new opinion piece for The Washington Post headlined “I’m Jewish, and I’ve covered wars. I know war crimes when I see them.” Maass, who was a senior editor at The Intercept until earlier this year, has spent decades covering wars, including the Bosnian genocide in the 1990s that killed about 100,000 people over nearly four years.
The Western corporate media is failing in its coverage of Israel’s war on Gaza, says Palestinian independent journalist Dalia Hatuqa. “A lot of what’s missing from the bigger portrait … is the Palestinian voice,” says Hatuqa, who applauds local journalists in Gaza for providing the world a crucial window into what’s happening there while international reporters are blocked by Israel from entering the territory. “Nobody knows Gaza better than the Gazan journalists on the ground.
Former Greek Finance Minister Yanis Varoufakis, one of the most vocal supporters of Julian Assange, says the United States must drop its espionage case against the jailed WikiLeaks founder. He faults the Australian government for pushing for a plea deal that would allow Assange to walk free from Belmarsh Prison in London in exchange for an admission of guilt. “Julian is never going to plead guilty as if journalism is a crime,” says Varoufakis.
As Germany intensifies its crackdown on pro-Palestinian voices, we speak with Greek economist and politician Yanis Varoufakis, one of the planned speakers at a conference in Berlin last weekend that was forcibly shut down by police. The Palestine Congress was scheduled to be held for three days, but police stormed the venue as the first panelist spoke.
Salman Rushdie tells us that he wrote Knife, his account of his near-murder at the hands of a 24-year-old Shia Muslim man from New Jersey, for two reasons: because he had to deal with “the elephant-in-the-room” before he could return to writing about anything else, and to understand what the attack was about. The first reason suggests something admirable, even remarkable, in Rushdie’s character, a determination to persist as a novelist and a man in the face of terror.
When I brought my new dog, a 4-year-old Cavalier King Charles spaniel named Grace, home for the holidays last year, I was nervous. I didn’t know how she’d react to the unfamiliar environment, so I kept scanning the floor for items she might swallow. She wasn’t perfectly house-trained yet, so I was constantly watching to see if she started to walk in circles—a sign that she has to go to the bathroom.
After a week with no trouble, my mom gently called me out.
The gulf between what Trump said and what anti-abortion groups want underscores divisions that have dogged conservatives for two years.
Trump’s Monday announcement that abortion should be left to the states was supposed to neutralize an issue that has dogged Republican candidates. But by Tuesday it was clear that it was futile to try.
“I think it’ll be straightened out,” the former president said.
By any measure, it amounted to a strong month of hiring.
The concern is that higher rates are putting pressure on households and businesses looking to borrow, weighing on hiring, investment and the housing market.
Last month’s job growth was up from a revised gain of 229,000 jobs in January.
The president’s team thinks it’s had a historically successful first term, delivering victories on the economy, climate, drug pricing and more. But many Americans aren’t feeling it.
Policymakers were determined to avoid the mistakes of the Great Recession — and they succeeded. But now they are in a mood of “fear and introspection.
We go to Part 2 of our conversation with Israeli scholar Neve Gordon, professor of international law and human rights at Queen Mary University of London and chair of the Committee on Academic Freedom for British Society of Middle East Studies.
We speak with The New Yorker war correspondent Luke Mogelson about the war in Ukraine, where the government has just passed a controversial bill that expands military conscription and cracks down on draft dodgers in an effort to replenish the depleted ranks of the army, more than two years since Russia launched its invasion. Military leaders have warned that Russian forces outnumber Ukrainian troops tenfold in the east.
The three liberal justices dissented as the high court dramatically narrowed a district court judge’s sweeping ruling barring enforcement of the state’s attempt to block treatment for transgender youth.
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.
Israel’s response to Iran’s attack this past weekend signals an “astonishing win,” my colleague Graeme Wood wrote yesterday. With help from several allies, Israel managed to fend off what could have been a mass-casualty event (though one 7-year-old girl sustained life-threatening injuries).
On April 13, the Islamic Republic of Iran launched missiles and drones at Israel. Also on April 13, as well as on April 12, 14, and 15, the Russian Federation launched missiles and drones at Ukraine—including some designed in Iran.
Few of the weapons launched by Iran hit their mark. Instead, American and European airplanes, alongside Israeli and even Jordanian airplanes, knocked the drones and missiles out of the sky.
By contrast, some of the attacks launched by Russia did destroy their targets.
This article contains spoilers for the Bluey episode “The Sign.”
A few weeks ago, I found myself, fairly late at night, Googling Is Bandit Heeler depressed? This is, I admit, a ridiculous thing to wonder about a cartoon dog, but what can I say? The vibes had just been off for the patriarch of Bluey, Disney+’s wildly popular show about a family of Australian Blue Heelers. In “Stickbird,” something is clearly bothering Bandit, to the point where he’s grouchy and detached on a family vacation.
Yesterday, ABC News’s George Stephanopoulos conducted a skillful and revealing interview with New Hampshire Governor Chris Sununu. Over nine damning minutes, Sununu illustrated how deep into the Republican Party the rot has gone.
The context for the interview is important. Governor Sununu is hardly a MAGA enthusiast. During the 2024 GOP primary, he supported Nikki Haley, and over the past several years, he’s been a harsh critic of Donald Trump.
Donald Trump is making history today in New York as the first former U.S. president to stand trial for criminal charges. Trump faces 34 criminal charges of falsifying business records as part of a scheme to hide hush money payments he made to adult film actor Stormy Daniels and others, just weeks before winning the 2016 election. He is accused of violating federal campaign finance laws for failing to disclose the payments and instead recording them as a “legal expense.
The Middle East is bracing for the possibility of regional war after Iran responded to Israel’s bombing of the Iranian Consulate in Damascus with a major drone and missile attack Saturday. The attack caused little damage inside Israel, as it intercepted nearly all of the drones and missiles with help from the United States, Britain, France and Jordan.
The gulf between what Trump said and what anti-abortion groups want underscores divisions that have dogged conservatives for two years.