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Top headlines
Lead story
If you’re hoping to borrow cash in the coming months, you got a bit of relief yesterday. The Federal Reserve put its aggressive interest rate campaign on hiatus as it takes a beat to see how close it is to its goal of driving inflation down to around 2% – from 4%-5% today, depending on how you measure it.
The question on everyone’s mind remains: Is the Fed finished? If you ask the central bank, it might say “not quite,” as it has signaled two more quarter-point rate hikes this year. But if you ask Ryan Herzog, an economist at Gonzaga University, the answer is decidedly “yes.”
Herzog explains why he thinks the inflation data shows the Fed is closer to its goal than it might appear – and why further rate hikes could do more harm than good.
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Bryan Keogh
Deputy Managing Editor and Senior Editor of Economy and Business
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Time to press the stop button?
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Ryan Herzog, Gonzaga University
The Fed said it’s pausing its aggressive rate-hiking campaign as it collects more data on the impact.
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Arts + Culture
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Roger J. Kreuz, University of Memphis
Similar techniques used to identify criminals have been employed to unmask anonymous authors. But they aren’t foolproof.
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Science + Technology
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Matt Hitchings, University of Florida; Derek Cummings, University of Florida
There’s pretty much no one left in the US who hasn’t been exposed to the coronavirus, whether by vaccination, infection or both.
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Eric Zeng, Carnegie Mellon University
Antitrust suits against Google for its advertising practices center on the technology for buying and selling online ads. A computer scientist explains how these ad networks work.
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Ethics + Religion
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Joshua Shanes, College of Charleston
Jewish communities have always followed some different customs in different parts of the world, but the 19th and 20th centuries brought much more dramatic divisions.
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Politics + Society
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Liam Collins, United States Military Academy West Point
The ongoing war in Ukraine has forced the Russian military to reassess its ability to defend its territorial gains. The flooding of the Dnieper River gives the Russians a natural defense.
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Amy Cooter, Middlebury
Since Facebook removed online hate groups and individuals from its platform, extremist groups are increasingly organizing in more discreet ways.
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John E. Finn, Wesleyan University
By declaring a ‘constitutional county,’ local leaders assert they are creating a refuge from anti- or unconstitutional actions undertaken by an overzealous state or federal authority.
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Environment + Energy
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James R. Elliott, Rice University; Zheye (Jay) Wang, Rice University
Two disaster response experts mapped who gets FEMA buyouts and where they go. It turns out, they don’t go far.
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Health + Medicine
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Ursula Running Bear, University of North Dakota
Native Americans sent to government-funded schools now experience significantly higher rates of mental and physical health problems than those who did not.
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Hilary Seligman, University of California, San Francisco
For many Americans, a healthy diet of fruits, vegetables and whole grains is beyond their reach.
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