Trump Steps In to Headline 250th Anniversary Fair After Musicians Drop Out

President Donald Trump is now expected to headline the “Great American State Fair,” a celebration tied to the United States’ 250th anniversary, after several musical performers withdrew from the event over concerns about its political ties. The fair is being organized by Freedom 250, a group launched by Trump last year and led by a […]

Trump-Backed Ken Paxton Defeats John Cornyn in Texas Senate Runoff

Texas Attorney General Ken Paxton defeated longtime U.S. Senator John Cornyn in the Republican Senate runoff, delivering a major victory for President Donald Trump and a painful defeat for the GOP establishment. Paxton’s win comes after a bitter and expensive race that tested Trump’s influence over the Republican Party in one of the nation’s most […]

Food Insecurity Surges as Lower-Income Americans Struggle With High Living Costs

Food insecurity is rising sharply among many Americans, especially lower-income households, families with young children, and people with less education, according to new research from the Federal Reserve Bank of New York. Fed economists described the increase as “remarkable,” warning that food-related hardship may help explain why consumer sentiment remains weak even though broader economic […]

U.S. Consumer Confidence Slips as Inflation and Gas Prices Weigh on Households

U.S. consumer confidence weakened slightly in May as Americans grew more worried about inflation, especially price pressures linked to the war with Iran and higher energy costs. Seemingly, the Conference Board’s consumer confidence index slipped to 93.1 in May, down from an upwardly revised 93.8 in April. Economists had expected a deeper drop to 92.0, […]

Opens Door to Lower Tariffs on Some Chinese Goods After Trump-Xi Trade Talks

The U.S. government plans to ask the public which Chinese goods should qualify for lower tariffs, signaling a cautious new phase in Washington’s trade relationship with Beijing. U.S. Trade Representative Jamieson Greer said the administration will seek public comment on products that could be eligible for tariff reductions. The move follows recent Trump-Xi talks and […]

Texas Barbecue Icons Fight to Survive as Beef Prices Turn Brisket Into a Luxury

Texas barbecue, one of the state’s most famous culinary traditions, is facing a serious economic crisis as meat prices surge and restaurant owners struggle to keep their doors open. Rising beef costs, especially for brisket, have forced some beloved barbecue spots to close and left even highly rated restaurants operating in “survival mode.” Brisket, long […]

JPMorgan Warns U.S. Economy May Lose Its “Goldilocks” Moment as Oil Fuels Inflation

JPMorgan economists are warning that the U.S. and global economy may be moving away from the best-case “Goldilocks” scenario investors had hoped for in 2026. That scenario — where inflation cools while growth remains strong — now looks increasingly unlikely. The bank says the Iran war and the related surge in oil prices are likely […]