Fed set to launch fresh assault on inflation in new era for economy
Rates this year could reach their highest levels since before the 2008 Wall Street crash if surging prices continue.
Rates this year could reach their highest levels since before the 2008 Wall Street crash if surging prices continue.
Civil rights groups are challenging a series of racist U.S. Supreme Court rulings that have been used for over a century to legally justify discrimination against people in Puerto Rico and other U.S.-occupied territories.
As the Biden administration ponders how aggressively it should confront the student loan crisis (which more accurately might be called the grifting college crisis), at least some students will be seeing full relief. The administration announced that the federal government will erase all of the nearly $6 billion in student debt incurred by those defrauded by the now-defunct Corinthian Colleges.
A funny thing happened on the way to Russia’s capture of Severodonetsk. After reports from Ukrainian officials that Russia held about 80% of the city, and a full week after Chechen forces claimed to have taken the whole city (which never happened), Ukraine now appears to hold more of Severodonetsk than it did on Wednesday.
Some statements are now going as far as saying that Severodonetsk was a trap to lure in Russian soldiers.
The area east of the Izyum salient continues to be the zone of hottest contention, and on Thursday the pattern there hasn’t changed—Russia, having concentrated heavy forces in the area, is slowly grinding forward, capturing more villages, and moving closer to major targets like the cities of Slovyansk and Kramatorsk.
The best way to picture the ReAwaken America Tour is as a sort of flat-Earth conference for political junkies. The second-best way is to get one of those Ronco inside-the-shell egg scramblers, attach it to your skull, adjust the setting to “Don Jr.,” and commence pureeing your brain until Mike Flynn, Roger Stone, and Mike Lindell appear in your mind’s eye, screaming bilious nonsense about the “stolen” 2020 election.
“Perhaps had you not spent most of the time out of the hearing, you would remember,” tweeted Fred Guttenberg, whose daughter, Jaimie, was killed.
The House Judiciary Committee is meeting Thursday to discuss a package of bills that would stiffen gun laws in the nation after three separate mass shootings in the past 10 days. The Democratic-led panel is trying to get bipartisan agreement, but that, as we know, is highly unlikely.
The Democrats are hoping to push the “Protecting Our Kids Act” in front of the full House as soon as next week, CBS News reports.
Congress is working toward a slimmer package, short of what Biden hopes to pass.
After Johnny Depp’s successful defamation claim against Amber Heard, many observers are wondering if a recalibration of First Amendment law is occurring in the United States.By all indications, it was a close case. The jury spent dozens of hours deliberating, evaluating six weeks’ worth of testimony and evidence. It ultimately decided that the preponderance of evidence favored Depp.
The rollout of Covid-19 vaccines to roughly 19 million young children is the last step in making shots available to the entire U.S. population.
Isla Vista, Charleston, San Bernardino, Orlando, Sutherland Springs, Parkland, Thousand Oaks, Virginia Beach, Buffalo: Over the decade since the shooting at Sandy Hook Elementary School, scores of American communities have become inextricably linked to mass death. With the killing of 19 children and two of their teachers at Robb Elementary School in Uvalde, Texas, last week, the town of 16,000 near the southern border became yet another of our nation’s landmarks of loss.
The gray-haired, cloak-wearing protagonist of David Cronenberg’s new science-fiction film, Crimes of the Future, is a very particular sort of conceptual artist. Saul Tenser (played by Viggo Mortensen) sleeps in a bizarre contraption that looks like a spiky womb, speaks with the cadence of someone being strangled, and is constantly growing new organs, which his partner, Caprice (Léa Seydoux), surgically removes from his body for a live audience.
Ann Coulter, in so many words, thinks that I am responsible for the mass shooting in Buffalo in mid-May.Not me alone. After the shooting, Coulter wrote a column dismissing the idea that Republican politicians and commentators had popularized the “Great Replacement” theory, a conspiracy theory that the young, white Buffalo shooter cited as a motivation before killing 10 people at a supermarket in a predominantly Black neighborhood.
In a devastating new report, Oxfam says one person is likely dying from hunger every 48 seconds in drought-ravaged Ethiopia, Kenya and Somalia. We speak with Shannon Scribner, director of humanitarian work at Oxfam America, about how the hunger crisis has worsened since an earlier report was released 10 years ago. She says climate change and the recent war in Ukraine have worsened already dire conditions in East Africa.
As U.S. lawmakers struggle to reach a consensus on legislation to curb gun violence in the wake of mass shootings, the U.S. also remains the largest international supplier of arms, funneling billions in military weaponry into wars in Ukraine and Yemen. Until there is a serious curtailment of U.S. militarism, it will continue to prioritize U.S.
Friday marks the 100th day of the Russian war in Ukraine, and the United States warns the war could continue for many more months. We speak with Anatol Lieven, senior fellow at the Quincy Institute for Responsible Statecraft. His latest piece for The Atlantic argues that the U.S. is right to support Ukraine in its fight against Russia; however, without a clear strategy for peace and ending the war, the U.S.
The Centers for Medicare and Medicaid Services is responsible for safety regulations. It is ill-equipped to enforce them.
The state’s so-called trigger law, which would take effect 30 days after a Supreme Court ruling overturning Roe, includes the nation’s harshest criminal penalties on abortion.
The nation’s hospital regulator is probing hospitals where patients were likely infected with Covid after a record spike in transmission this year.
Governments warn against panicking, but they are planning for the worst outcome.
Fêted at the World Economic Forum in 2017, Xi Jinping is now accused of torpedoing the global economy with his disastrous Zero Covid strategy.
Open markets aren’t what they used to be. A more complicated, more regional economic system is reshaping the global order.
Despite high inflation, the U.S. is “moving from the strongest economic recovery in modern history to what can be a period of more stable and resilient growth,” Brian Deese said.
On a month-to-month basis, prices rose 0.3% from March to April, a still-elevated rate but the smallest increase in eight months.
Rates this year could reach their highest levels since before the 2008 Wall Street crash if surging prices continue.
Colombia’s highly anticipated presidential elections on Sunday resulted in victory for two anti-establishment candidates: leftist Gustavo Petro and Trump-like right-wing millionaire Rodolfo Hernández. The two will face off in a runoff election on June 19, the outcome of which will determine whether Colombia addresses worsening inequality under Petro or ushers in a new era of populist conservatism under Hernández.
The Biden administration foresees unnecessary deaths if lawmakers don’t approve billions of dollars more to brace for the pandemic’s next wave.
A new video makes one simple request after yet another mass shooting at an American school.
Four people were killed in Tulsa, a student was shot in Los Angeles and a woman was targeted at a nail salon in Pennsylvania, authorities said.