Powell’s ‘dangerous’ words risk resistance from lawmakers
“Jerome Powell’s rhetoric is dangerous, and a Fed-manufactured recession is not inevitable — it’s a policy choice,” Sen. Elizabeth Warren said.
“Jerome Powell’s rhetoric is dangerous, and a Fed-manufactured recession is not inevitable — it’s a policy choice,” Sen. Elizabeth Warren said.
The housing market has cooled so much as the Fed withdraws its support for the economy that some analysts say it may be in a slump.
In a closely watched speech, the Fed chair foreshadowed further interest rate increases and warned that rates might need to stay high for some time to kill price spikes.
Nearly 1,500 people have died and tens of millions have been displaced in Pakistan, where catastrophic flooding has left a third of the country underwater, washing away homes, farmlands, bridges, hospitals and schools. “People have lost everything,” says Zulfikar Ali Bhutto, a Pakistani artist and the grandson of Pakistan’s former Prime Minister Zulfiqar Ali Bhutto.
Ukraine has accused Russia of bombing a dam in the southern city of Kryvyi Rih — where Ukrainian President Volodymyr Zelensky was born — forcing evacuation in parts of the city due to flooding. The bombing is the latest Russian attack on civilain infrastructure since Ukrainian forces recaptured over 3,000 square miles of territory from Russia during a counteroffensive this past week.
Railroad workers have reached a new tentative union contract with rail companies, averting a potential strike set to start on Friday that could have shut down rail service across the United States.
An empty folder marked “Classified” and a Situation Room brochure remain in full view in a Trump Tower bar even after documents were seized at Mar-a-Lago.
But the Republican senator also reportedly called Trump a “lying motherf**ker,” according to an account in The Independent of “The Divider.
A passenger on a flight with Sen. Ted Cruz pressed him to name a single victim in the school shooting in Uvalde, Texas.
The list of suspected security breaches at local election offices since the 2020 election keeps growing, with investigations underway in at least three states ― Colorado, Georgia and Michigan.
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.Ron DeSantis’s hideous political stunt is a reminder that the GOP’s policies are no longer about achieving results, but gratifying the basest impulses of MAGA voters.But first, here are three new stories from The Atlantic.
Nice democracy you’ve got here.
A surgery to remove the problem tissue went “extremely well,” her doctor said.
The line between imagination and delusion is thin, as Donald Trump’s initial reaction to an FBI search at Mar-a-Lago in August demonstrated. In the first days afterward, the former president saw the search as a political gift, not a blow: a chance to rally his base, put would-be challengers like Ron DeSantis in their place, and reconsolidate his eroding position as the leader of the Republican Party.
The ban has exemptions for medical emergencies and for rape and incest victims until eight weeks of pregnancy for adults and 14 weeks for children.
The original iPhone SE is a great little phone, and I love it. It has a headphone jack—remember those? It fits in a butt pocket. It was announced in the Obama era.Sure, the first one I owned, which I purchased in 2017, had only 16GB of storage.
Many works of history are much less about the past than they are about the present. People contemplate past events to understand current problems, and in today’s fractured America, the Civil War would surely be a resonant topic for an eminent documentarian to explore. But Ken Burns has been there and done that.
Quid and I have struck a deal. Every morning she flies up the stairs, leaps onto our bed, and attacks my nose with her sharp little teeth. And I am awakened.Oh wait, no; we don’t have a deal. She just does that. It is vexing and charming at once. Just at the moment of nose-attack I can smell the sleep collected on her breath and fur. It mingles with the odor of the other dogs in the room and is beginning to smell, to me, like home.
In an extended interview, acclaimed physician and author Dr. Gabor Maté discusses his new book, just out, called “The Myth of Normal: Trauma, Illness, and Healing in a Toxic Culture.” “The very values of a society are traumatizing for a lot of people,” says Maté, who argues in his book that “psychological trauma, woundedness, underlies much of what we call disease.
Four leading health organizations played a major part in envisioning and founding critical programs to develop, secure and distribute Covid tests, vaccines and treatments.
A team of journalists looked at how much four health organizations collectively raised, granted and invested for Covid and in preparation for the next pandemic.
Despite the signs of moderating price increases, inflation remains far higher than many Americans have ever experienced and is keeping pressure on the Federal Reserve.
The plan touted by the U.S. Treasury secretary aims to diminish the Kremlin’s revenue while preserving the global oil supply.
“Jerome Powell’s rhetoric is dangerous, and a Fed-manufactured recession is not inevitable — it’s a policy choice,” Sen. Elizabeth Warren said.
The housing market has cooled so much as the Fed withdraws its support for the economy that some analysts say it may be in a slump.
In a closely watched speech, the Fed chair foreshadowed further interest rate increases and warned that rates might need to stay high for some time to kill price spikes.
We speak with The New Yorker’s award-winning war correspondent Luke Mogelson about his new book, “The Storm Is Here: An American Crucible.” The book gives an eyewitness account of right-wing extremism and growing civic unrest in the U.S. since 2020, starting with anti-lockdown protests in Michigan and culminating in the January 6 insurrection. Mogelson, who filmed the attack on the U.S.
Kelly came to believe Trump was a “pathological liar whose inflated ego” was the sign of a “deeply insecure person,” according to upcoming book “The Divider.
The new Virginia governor told voters in Las Vegas and Reno that the “spirit” he ignited there is now spreading “across America.
Political donations to Trump’s Save America goes to his massive defense fund.
Daring to indict him would trigger “problems in this country the likes of which perhaps we’ve never seen before,” Trump ominously warned.