Fed jacks up rates again but Powell hints it might slow down
Inflation has cooled only slightly and job growth remains strong.
Inflation has cooled only slightly and job growth remains strong.
One of the great literary hoaxes of our time is the book spine. A staggering number of logos stare out from dust jackets, celebrating names including Crown, Vintage, Ballantine, Knopf, and Dial. But the pluralism implied by this diversity of monikers is a sham. In the U.S., nearly 100 of them belong to a single company: Penguin Random House. The rest are owned by a small handful of competitors, one of which is Simon & Schuster.
We look at the high stakes of the midterm elections for workers, including in key battleground states. Mary Kay Henry, president of the Service Employees International Union, says they are campaigning to empower working people, especially infrequent voters of color and new immigrants, to vote in their best interests. “We have got to make our votes a demand, and not a show of support for candidates that are with us one day and against us the next,” says Henry.
As the U.S. pours billions in military aid into Ukraine, we host a debate on the Biden administration’s response to the war and U.S. policy toward Russia amid increasing calls among progressives for a diplomatic end to the conflict. We speak to former Bernie Sanders foreign policy adviser Matt Duss, now a visiting scholar at the Carnegie Endowment for International Peace, and Ray McGovern, a former CIA analyst who specialized in the Soviet Union.
A new POLITICO-Morning Consult poll suggests voters’ views of the economy are baked in.
If the measure passes, language will be added to the state’s constitution guaranteeing the right to abortion as well as contraception and other reproductive health services.
The agency says it’s concerned the practice could endanger patients’ health.
Polls show voters care more about the economy than abortion. Democrats in the Rust Belt state argue the two can’t be separated.
The departure of Michelle McMurry-Heath comes just as the Biden administration is poised to begin implementing key drug pricing provisions and the balance of power could shift in Congress.
Housing investment, though, plunged at a 26 percent annual pace, hammered by surging mortgage rates.
According to an NBC News poll released Sunday, 70 percent of registered voters expressed interest in the upcoming election as a “9” or “10” on a 10-point scale.
The budget gap shrank by half in fiscal 2022 as spending on pandemic programs expired and tax revenues surged.
The U.K. political drama will have ripple effects in the U.S.
Democratic Congressmember Ro Khanna says Saudi Arabia should face consequences for its decision to cut oil output by 2 million barrels a day as part of the OPEC+ cartel, raising gas prices in the United States just before the midterm elections where cost-of-living issues are expected to be a major factor. He also discusses the Saudi-led war in Yemen, describing it as “one of the largest humanitarian crises in the world” that must be brought to an end.
The Arizona GOP gubernatorial candidate criticized the late Sen. John McCain (R-Ariz.) for blocking Republican efforts to undo the health care law.
“That person is married to the speaker of the House, who’s of a different political party.
The detail renews concerns about the difficulty of protecting lawmakers amid surging threats and limited policing resources.
The Supreme Court ruled Tuesday that Sen. Lindsey Graham will have to give testimony to a Georgia grand jury investigating efforts by former President Donald Trump and his cronies to tamper with the outcome of the 2020 presidential election.
On Halloween, Russia lost three helicopters. Minimum. That included an Mi-8 transport helicopter shot down near Berestove, close to the Bakhmut front lines and a pair of Ka-52 attack helicopters that came too near Ukrainian positions in Kherson oblast. In addition, a widely-circulated video reportedly shows a Russian dissident sabotaging Russian helicopters at Veretye Air Base inside Russia on October 30. At that air base, three helicopters were reportedly lost on Monday.
People really need to stick to speaking about their expertise, and in some cases, not speak at all. Republicans across the country are speaking loudly and wrongly about reproductive health and, in at least one case, even body-shaming everyone who opposes the right wing’s ideas about bodily autonomy while doing so.
Ohio state Rep. Bill Dean doubled down on recent comments, calling rising U.S.
Spoiler alert: The committee went right ahead and read them.
Last week, a federal judge ordered former Trump attorney John Eastman to turn over a series of documents in response to a subpoena from the House select committee investigating Jan. 6. Eastman did so, coming in just under the wire on Sunday afternoon.
Emily Oster wants a pandemic amnesty. We should all forgive each other for the mistaken positions we’ve taken about how to respond to the COVID-19 pandemic, writes the Brown University economist who used her considerable platform to churn out teacher-blaming hot takes funded by the likes of Peter Thiel and the Walton Family Foundation.
Prosecutors said Tuesday that David DePape was on a “suicide mission” targeting several prominent state and federal politicians.
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.January 6 was not an outlier. Laughing over a hammer attack on an old man, the GOP has completed its transition from a political party to a brutal mob.But first, here are three new stories from The Atlantic.
The former president stoked doubts about the attack on Nancy Pelosi’s husband as he continues to recover from a skull fracture and other serious injuries.
One of the ironies of recent music history is that Migos, the band of Atlanta rappers who reshaped hip-hop in the mid-2010s, is known for something called the “triplet flow.” The term is musicological, describing the convulsive vocal cadence that took over pop thanks to them. But the term is also apt given that Migos were a trio related by blood.
Yasmin Tayag will join The Atlantic’s editorial team this month, when she will become a staff writer. Over the past year, in her work as a freelancer, Yasmin has contributed extensively to The Atlantic, including a number of pandemic-related pieces where she reported on the effects of Americans’ low booster numbers, how we can’t quit hygiene theater, and whether we should be masking again.
Yesterday, an hour and a half into the marathon hearings about whether colleges can use race as a factor in admissions decisions, Justice Ketanji Brown Jackson began to rub her temples as she looked down at her notes.“We’re entertaining a rule where some people can say what they want about who they are and have that valued in a system,” she said. “And I’m worried that that creates an inequity in the system with respect to being able to express our identity.
It was December of 1996 when Karen Lips turned up the first bodies—and finally felt an ember of hope. As a graduate student working in the muggy forests of Central America, she’d noticed that an as-yet-unnamed culprit had been stripping the area of its frogs. Regions that had once rung with a chorus of croaks were silent and still, but no one had found the carcasses that could speak to a cause.
Aid Access, a Netherlands nonprofit, is prescribing more abortion medication in the U.S. than ever, in defiance of state laws.