While lifting some levies on China is unlikely to put a large dent in inflation, administration officials concede they have few other options to address surging prices.
President of the European Commission, Ursula von der Leyen heads to the Middle East. Plus: Boris Johnson’s plan to alter the Northern Ireland protocol, Wikipedia fights a Russian order to remove information on the conflict in Ukraine and are Vienna’s famous horse-drawn carriages under threat?
U.S. stock markets were poised for a modest recovery after a rout that sent the S&P 500 into a bear market, while bitcoin remained under pressure after selling off sharply in recent days.
U.S. Treasury yields have surged to new multiyear highs, reflecting uncertainty over how high the Fed will have to raise interest rates to tame inflation.14 min read
A string of troubling inflation reports is likely to lead Federal Reserve officials to consider surprising markets with a larger-than-expected interest-rate increase at their meeting this week.
The agreement, which falls short of the sprawling changes championed by Democrats, is a significant step toward ending a yearslong impasse over gun reform legislation.
Monocle’s editorial director Tyler Brûlé, Benno Zogg and Aleksandra Tirziu discuss the weekend’s biggest news stories. Plus, check-ins with our friends and correspondents in Ljubljana, Berlin and Lausanne.
Georgina Godwin sets the tone for the weekend. Simon Brooke reviews the day’s papers and we revisit the world’s largest furniture fair, Salone del Mobile in Milan.
The record high, according to OPIS, comes as U.S. consumer inflation hit its highest level in 40 years and crude oil prices remain high.
The committee investigating the Capitol attacks of January 6th 2021 held the first of several public hearings last night, having gathered evidence for the past year.
The hearings may not break Donald Trump’s hold on the Republicans, but they are creating a vital record of an attempted coup. As wolf populations grow, humans are learning to live with them. And why the corporate world has taken an interest in psychedelic drugs.
The House panel investigating the attack led its public sessions with video testimony from people close to the former president about his actions before and during the riot.
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