Axios

A deadly cattle pest called New World screwworm has been found in Texas, 60 years after it was effectively eradicated in the United States.

Why it matters: The U.S. beef herd is already the smallest it's been in 75 years, and retail prices for the staple protein are at record highs.

California is losing people from suburbs year after year, revealing a deeper demographic shift reshaping America's most populous state.

Why it matters: If California's commuter engines keep shrinking, the state risks losing the diverse workforce that powers its economy — while shifting political clout to the states where those families relocate.

Americans are letting it ride, with a record share of their wealth in the stock market.

Why it matters: It means that the AI-driven rally is enriching Americans more than usual and exposing them to potentially painful losses from a reversal.