The meteoric rise of the U.S. stock market over the past two years has come to an abrupt end.A steep downturn recently has led to what’s known as a bear market. But what does that mean, and why might policymakers have to hurt the economy to help it in the long term?Guest: Jim Tankersley, a White House correspondent for The New York Times, with a focus on economic policy.Want more from The Daily? For one big idea on the news each week from our team, subscribe to our newsletter. Background reading: Steep downturns of stocks by 20 percent or more are relatively rare, but how long they last could portend damage.The last such drop happened in early 2020 as the coronavirus spread. Here’s what else to know about bear markets.For more information on today’s episode, visit nytimes.com/thedaily. Transcripts of each episode will be made available by the next workday.
Subscribe today at nytimes.com/podcasts or on Apple Podcasts and Spotify. You can also subscribe via your favorite podcast app here https://www.nytimes.com/activate-access/audio?source=podcatcher. For more podcasts and narrated articles, download The New York Times app at nytimes.com/app.
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Folge vom 15.06.2022The Claws of a Bear Market
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Folge vom 14.06.2022Senator Chris Murphy on the Bipartisan Gun Safety DealThe Senate has reached a bipartisan deal that could lead to the most significant federal response to gun violence in decades.Senator Chris Murphy, Democrat of Connecticut, was deeply involved in the negotiations. Today, he tells us how news of the shooting in Uvalde, Texas, left him with a feeling of desperation — and renewed determination to make progress.Guest: Senator Chris Murphy, who has spent the decade since the massacre at Sandy Hook Elementary School in Newtown, Conn., trying to enact change on gun safety.Want more from The Daily? For one big idea on the news each week from our team, subscribe to our newsletter. Background reading: The agreement put forward by 10 Republicans and 10 Democrats would provide funding for states to enact “red flag” laws that allow the authorities to temporarily confiscate guns from people deemed to be dangerous.Though the deal is less than Democrats wanted, it is still seen as a significant step that could save lives.Americans in communities scarred by mass shootings acknowledged the proposal as progress but said it did not go far enough.For more information on today’s episode, visit nytimes.com/thedaily. Transcripts of each episode will be made available by the next workday. Subscribe today at nytimes.com/podcasts or on Apple Podcasts and Spotify. You can also subscribe via your favorite podcast app here https://www.nytimes.com/activate-access/audio?source=podcatcher. For more podcasts and narrated articles, download The New York Times app at nytimes.com/app.
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Folge vom 13.06.2022The Incomplete Picture of the War in UkraineIn the nearly four months since the Russian invasion of Ukraine, the United States has been giving officials in Kyiv a steady stream of intelligence to aid them in the fight.But what is becoming clear is that the Ukrainians are not returning the favor.Guest: Julian E. Barnes, a national security reporter for The New York Times covering the intelligence agencies.Want more from The Daily? For one big idea on the news each week from our team, subscribe to our newsletter. Background reading: American intelligence agencies know far more about Russia’s military than about Ukraine’s war strategy, officials say.The outcome of battles for key cities in eastern Ukraine could prompt the country’s Western allies to start rethinking their goals.For more information on today’s episode, visit nytimes.com/thedaily. Transcripts of each episode will be made available by the next workday. Subscribe today at nytimes.com/podcasts or on Apple Podcasts and Spotify. You can also subscribe via your favorite podcast app here https://www.nytimes.com/activate-access/audio?source=podcatcher. For more podcasts and narrated articles, download The New York Times app at nytimes.com/app.
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Folge vom 12.06.2022The Sunday Read: ‘The “E-Pimps” of OnlyFans’Ezra Marcus takes a deep dive into the world of OnlyFans and self-described e-pimps, and untangles the vast web of models, agencies and “chatters” (the people who often act as the OnlyFans models in private messages with the customers) that support these lucrative businesses.The article explores how e-pimps can help turn a seemingly simple exchange of “dollars for sexts” into a transaction that extends across layers of third-party intermediaries.With the help of e-pimps, even the most impersonal of transactions are fine-tuned to feel personal. As Mr. Marcus discovers: “That OnlyFans creator you’re DMing? It’s probably a marketing ghostwriter impersonating a woman.”When it comes to OnlyFans and its legions of e-pimps, deceit and desire work together closely.This story was written by Ezra Marcus and recorded by Audm. To hear more audio stories from publications like The New York Times, download Audm for iPhone or Android. Subscribe today at nytimes.com/podcasts or on Apple Podcasts and Spotify. You can also subscribe via your favorite podcast app here https://www.nytimes.com/activate-access/audio?source=podcatcher. For more podcasts and narrated articles, download The New York Times app at nytimes.com/app.