Failure ‘not an option’: Fed vows all-out fight on inflation
Fears have mounted that the central bank might trigger a recession sometime in the next year with its aggressive rate action.
Fears have mounted that the central bank might trigger a recession sometime in the next year with its aggressive rate action.
Things are so dire that central bank policymakers might hike rates by three-quarters of a percentage point, a move not taken in almost 30 years.
America’s rampant inflation is imposing severe pressures on families, forcing them to pay much more for food, gas and rent.
We speak with Bishop William Barber and Reverend Liz Theoharis, co-chairs of the Poor People’s Campaign, about plans for Saturday’s Moral March on Washington and to the Polls to demand the government address key issues facing poor and low-income communities. The march will bring together thousands of people from diverse backgrounds to speak out against the country’s rising poverty rates, voter suppression in low-income communities and more.
During Thursday’s third public hearing of the House committee investigating the January 6 insurrection at the Capitol, Trump White House lawyer Eric Herschmann described in recorded testimony his call with John Eastman, the lawyer advising former President Trump on the plan to overturn the 2020 election. The call took place on January 7, one day after the deadly insurrection.
We air highlights from the third public hearing of the House committee investigating the January 6 insurrection at the Capitol, which revealed that President Trump pressured Vice President Pence to overturn the 2020 election results even though he knew it was illegal. The hearing included testimony from Pence’s attorney, Greg Jacob, who said the plan’s main architect, attorney John Eastman, actively admitted his strategy violated the law, and yet continued anyway.
In a blow to press freedom, the United Kingdom has approved the extradition of WikiLeaks founder Julian Assange to the United States to face espionage charges related to the publication of classified documents exposing U.S. war crimes. Home Secretary Priti Patel signed off on the transfer after the U.K. Supreme Court denied Assange’s appeals earlier this year, part of a years-long legal battle that rights groups have decried as an attack on journalism and free speech.
The Ukrainian counteroffensive in the Kherson area is continuing, but as Ukrainian forces advances into positions that Russia has fortified and reinforced, they’re running into an issue. It’s not that need to send them 1,000 new artillery, a million more rocket launchers, and whatever else is being demanded on social media today. It’s the problem every army has: advancing into a prepared defensive position is extremely difficult.
There are few reasons to admire Sen. Lindsey Graham. Actually, that’s not quite right. There are no reasons to admire Sen. Lindsey Graham.
Still, every now and then, just by accident, Graham gets something exactly right, and at the “Faith and Freedom Coalition” meeting held this week in Nashville, Graham managed to do something that might even seem amazing. In just two sentences, Graham deftly defined the difference between Democrats and Republicans.
The GOP colleagues of embattled Rep. Liz Cheney of Wyoming just don’t get it.
They were ready to “tear Pence limb from limb.” It was “as dark as it gets,” says former Deputy Assistant Attorney General Harry Litman.
Callous post follows videos aired in House select committee hearings showing Trump supporters demanding Mike Pence be “hanged” at insurrection.
On Yom Kippur 2019, I survived a white nationalist mass shooting in Halle, Germany.
Halle, with its squat stone castle, spiked medieval church, and cobblestone market square, sits along the river Saale. During the second World War, prisoners from a Nazi concentration camp built combat aircraft at the Siebel plant, just miles away from where the neo-Nazi attacked us.
After the shooting, I became a co-plantiff in the trial against the shooter.
Maybe “someone should tell him that he has the right to remain silent and anything he says can and will be used against him in a court of law,” said Conway.
Microsoft entered a neutrality agreement with the Communications Workers of America, saying it would not get in the way of Activision Blizzard workers’ union rights if it acquires the video game company. This is believed to be the first such neutrality agreement in the tech industry, and it is a major one, affecting most of Activision Blizzard’s nearly 7,000 U.S. workers.
A production crew for “The Late Show With Stephen Colbert” were charged with unlawful entry of the Capitol. Tucker Carlson called it an “insurrection.
Shots will be be available for children from 6 months to 5 years as early as next week.
“I’m good,” he told reporters after U.S. Secret Service agents quickly helped him up.
Photographs by Andres GonzalezIn the halls of schools where students have learned about the archaeological remains of failed civilizations, they have unwittingly shed the wreckage of their own. The visual artist and author Andres Gonzalez spent six years dutifully photographing the debris of a society in a specific form of decline: the letters, cards, notes, mementos, keepsakes, toys, talismans, objects, and ephemera that accumulate following a school shooting.
In the early 19th century, the European world had just defeated an imperialist tyrant, Napoleon Bonaparte, only to find the continent’s recently conquered monarchs quickly back in force. Intent on preventing another Napoleon from emerging on their own turf, the monarchies promptly cracked down on dissidents, on peaceful demonstrations, on the forming of unions, on the oppositional press.
In publishing, there are some books that are too big to fail. Very early on you get the message that this is a Major and Very Important Book. In 2013, that book was Sheryl Sandberg’s Lean In: Women, Work, and the Will to Lead, which sold more than 1.5 million copies in its first year.
Here’s a bit of esoterica I think about from time to time: Mark Zuckerberg has a mortgage.Or at least, he had one. A decade ago, the Facebook founder refinanced his loan on a $6 million Palo Alto mansion. He was worth $16 billion at the time, meaning he could have bought that house and a hundred more outright, no mortgage necessary. But First Republic Bank offered him an adjustable-rate loan with an initial interest rate of just 1.
The novel Jamilia tells the story of a free-spirited woman trapped in a passionless marriage who is suddenly awakened by the arrival of a mournful, lonely outsider who touches something in her soul. Set in Kyrgyzstan, it achieved a degree of fame in the West after it was praised by the French poet Louis Aragon as “the most beautiful love story in the world.
Some 25,000 are now in the national emergency strategic stockpile.
The two engaged in their usual heated debate at a Senate HELP Committee hearing on Thursday.
Fears have mounted that the central bank might trigger a recession sometime in the next year with its aggressive rate action.
Things are so dire that central bank policymakers might hike rates by three-quarters of a percentage point, a move not taken in almost 30 years.
America’s rampant inflation is imposing severe pressures on families, forcing them to pay much more for food, gas and rent.
Trump “wasn’t just stirring up his insurrectionists to create chaos,” she said. He put Pence’s life at risk to illegally stay in Oval Office, Mary Trump charges.
“Equal time means sitting your lying ass in a witness chair. We’ll wait,” tweets the California Democrat.