‘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.
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.
“You can’t blame the president when policies go wrong, and then say he’s not responsible if things are going right.
For the third consecutive year, The Atlantic was awarded the top honor of General Excellence for a News, Sports, and Entertainment publication at the 2024 National Magazine Awards, the most prestigious category in the annual honors from the American Society of Magazine Editors.
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.
My personal foray into college-basketball fandom comes at a transformational time for the sport, as players accept major promotional deals and gambling reshapes the economics of the game.
Genetic sequencing appears to suggest that wild birds in the Texas panhandle region infected cows, a USDA official said on the call.
Around the year 1300, the Huhugam great chief Siwani ruled over a mighty city near what is now Phoenix, Arizona. His domain included adobe-and-stone pyramids that towered several stories above the desert; an irrigation system that watered 15,000 acres of crops; and a large castle. The O’odham descendants of the Huhugam tell in their oral history that Siwani “reaped very large harvests with his two servants, the Wind and the Storm-cloud.
Seven people working for a humanitarian aid group led by the chef José Andrés were killed in an Israeli air strike in the central Gaza Strip today. The strike is a black mark for the Israel Defense Forces, and likely to turn world opinion further against the Gaza campaign. But more than its geopolitical significance, the strike is a horrifying moment on a human level. Innocent people, doing good work to feed a starving population, have died for no reason at all.
Iran has vowed to retaliate after Israel bombed the Iranian Consulate in Damascus, Syria, killing at least seven people, including three senior Iranian commanders and at least four other Iranian officers. Among the dead is senior commander Mohammad Reza Zahedi, the highest-ranking Iranian military officer to be killed since the U.S. assassinated General Qassem Soleimani in Baghdad in 2020.
Democracy Now! speaks with an active-duty soldier in the U.S. Air Force on hunger strike to demand an immediate ceasefire in Gaza. Senior Airman Larry Hebert is on day three of his hunger strike outside the White House, where he has been holding a sign that reads “Active Duty Airman Refuses to Eat While Gaza Starves.” “It’s just completely wrong and immoral for civilians to be starved and bombed and targeted in any manner,” says Hebert.
The Washington Post reports the Biden administration has recently authorized the transfer of billions of dollars in bombs and fighter jets to Israel. The arms package includes more than 1,800 MK-84 2,000-pound bombs, which can be used to level entire city blocks. The U.S. is also sending 500 MK-82 500-pound bombs and 25 F-35 fighter jets.
Israel is facing global condemnation after killing several international aid workers in Gaza. The workers with charity group World Central Kitchen were killed by an Israeli airstrike after unloading more than 100 tons of food aid carried by ship from Cyprus into Gaza.
Oregon lawmakers gave it three years. Portugal’s program took longer to show results.
Supreme Court case is one of many tools elected officials and activists are using to try to cut off access to the drugs.
Roughly 90 minutes of grappling over the abortion drug mifepristone produced some unusual and noteworthy moments.
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.
“You can’t blame the president when policies go wrong, and then say he’s not responsible if things are going right.
Republicans are on a “crusade” against responsible investing, says Andrew Behar, CEO of the nonprofit group As You Sow that promotes corporate responsibility through shareholder advocacy. His group was subpoenaed to testify before the House Judiciary Committee this week as Republicans probe whether investments that take into account environmental, social and governance (ESG) concerns violate antitrust laws. Republicans have introduced bills in dozens of states across the U.S.
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.
Over the weekend, Donald Trump sent out a video with an image of Joe Biden bound like a hostage, and linked to an article with a photo of the daughter of the judge in his hush-money trial in New York. Voters need to confront the reality of what supporting Trump means.
A man comes to Northwell Health’s hospital on Staten Island with a sprained ankle. Any allergies? the doctor asks. How many alcoholic drinks do you have each week? Do you have access to firearms inside or outside the home? When the patient answers yes to that last question, someone from his care team explains that locking up the firearm can make his home safer. She offers him a gun lock and a pamphlet with information on secure storage and firearm-safety classes.
Potential cow-to-cow avian flu transmission in Idaho is worrying pandemic experts.
Eclipses are not particularly rare in the universe. One occurs every time a planet, its orbiting moon, and its sun line up. Nearly every planet has a sun, and astronomers have reason to believe that many of them have moons, so shadows are bound to be cast on one world or another as the years pass.
But solar eclipses like the one that millions of Americans will watch on April 8—in which a blood-red ring and shimmering corona emerge to surround a blackened sun—are a cosmic fluke.
There’s something comfortingly irrelevant about Ghostbusters: Frozen Empire. The fifth film in the Ghostbusters franchise came out last weekend to mediocre reviews and middling box-office numbers; it’s probably selling enough tickets to justify yet another entry, but the product itself is so perfunctory that it’s driving zero cultural discourse. Thank God.
On Sunday, tens of thousands rallied across Israel calling for the return of hostages and the removal of Prime Minister Benjamin Netanyahu in the largest nationwide protests since the October 7 attacks. From Tel Aviv, we’re joined by Oren Ziv, a reporter and photographer for +972 Magazine who has been covering the Israeli protests.
As Christians around the world celebrated Easter Sunday, Palestinian Christians from the occupied West Bank were prevented from reaching Jerusalem for Good Friday to walk the Via Dolorosa, the path Jesus is said to have followed on the way to his crucifixion more than 2,000 years ago. Meanwhile, Jesus’s birthplace of Bethlehem is uncharacteristically empty of tourists this year as Israel’s assault on Gaza and crackdown on the West Bank escalate.