The Morning Dispatch: Biden Decries Trump’s ‘Web of Lies’

Happy Friday! Sen. Ted Cruz is very, very, very sorry that he referred to January 6 as a “violent terrorist attack” earlier this week. Please forgive him, 2024 presidential primary voters, he’ll never do it again.

Quick Hits: Today’s Top Stories

  • North Korean state media claimed on Thursday that the test missile the country launched earlier this week was hypersonic—not ballistic as Japanese and South Korean officials reported—and that it hit its target 700 kilometers away. If true, it would be the country’s second test of hypersonic technology, which renders missiles much more difficult to detect and intercept. Secretary of State Antony Blinken condemned the launch on Wednesday in a call with Japan’s foreign minister, Hayashi Yoshimasa.

  • According to Freddie Mac’s Primary Mortgage Market Survey, U.S. mortgage rates reached their highest levels since May 2020 this week. “With higher inflation, promising economic growth and a tight labor market, we expect rates will continue to rise,” said Sam Khater, Freddie Mac’s chief economist.

  • Chicago Public School classes are canceled for a third consecutive day today as the district’s teachers union continues to urge its members to stay home from work due to concerns about the Omicron variant. CPS administrators and city officials continue to maintain that in-person instruction is both safe and necessary, and that only the roughly 10 percent of teachers who have shown up at schools the past two days will be paid.

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