D.C. and the Washington Commanders will unveil on Monday morning a $3 billion deal to build a new football stadium at the RFK Stadium site, Axios has learned.
Why it matters: The megaproject would jumpstart construction of a new residential and entertainment hub on waterfront real estate — and Mayor Muriel Bowser reportedly wants to kick in around $800 million in taxpayer dollars.
The U.S. and China are talking on key economic matters, despite what the Chinese government may say publicly, Treasury Secretary Scott Bessent said Sunday.
Why it matters: The trade war between the world's two largest economies threatens the entire global order, but there's significant disagreement about whether there's any actually progress toward a resolution.
President Trump is prepared to bail out American farmers if the trade war continues squeezing commodity exports, Agriculture Secretary Brooke Rollins said Sunday.
Why it matters: Exports of key commodities are plunging, particularly soybean and pork sales to China, threatening tens of billions of dollars in farm income.
American retailers are growingworried that President Trump's trade warand increased volatilitywill lead to empty shelves, higher prices and store closures as Chinese imports screech to a halt.
Why it matters: Many retailers stocked up on inventory in the first months of 2025, realizing that a storm was coming — but their inventories are poised to dwindle quickly.
Sales to China of key commodities, like soybeans and pork, are plunging as the trade war begins to impact the domestic economy.
Why it matters: U.S. farmers export more than $176 billion in agricultural products annually — almost 10% of which is just soybean and pork shipments to China.
New parents looking to purchase a stroller may want to get a jump start, as the price of baby gear is climbing thanks to President Trump's tariffs, CEOs warn.
The big picture: The president has become a powerful ally in the push for women to have more children but his roller-coaster tariffs have made it more expensive for parents to buy the baby products they need, industry leaders say.
