There will be no more extensions on tariff deadlines, and they will go into force as scheduled on August 1, Commerce Secretary Howard Lutnick said Sunday.
Why it matters: Since January, the world has gotten accustomed to President Trump announcing tariffs and then reversing them, pulling them back at the last moment, or pausing them shortly after going into effect.
In an instant, a company can get caught in the crosshairs of a Truth Social post from President Trump, and suddenly that business is on the hook for changing its flagship product, brand name, supply chain — or else.
Why it matters: These posts can throw businesses off course by threatening their revenue streams and confusing their employees and customers.
The U.S. economy is about to enter one of the busiest weeks economists have ever seen.
Why it matters: The release of important national data this coming week — GDP! Jobs! Inflation! — will show whether the economy is still holding up under the weight of Trump's trade wars.
What once was a quirky giveaway has exploded into one of the hottest trends in sports memorabilia: bobbleheads that are more coveted than the games themselves.
Some people are lining up hours early — not to cheer on the home team, but to snag a collectible they can flip for hundreds on the resale market.
Why it matters: In a marketplace that's seen everything from stocks to cryptocurrencies to hideous dolls surge in price, a simple kids' collectible has emerged as a surprisingly valuable asset.
Left-wing challengers to sitting Democratic mayors are shaking up at least four major races this year, tapping into exploding anger at the party's establishment leaders.
Why it matters: The races will offer early clues into the mood of progressive voters and the direction of the Democratic Party ahead of the midterms and the 2028 election.
Rupert Murdoch's media empire is playing both sides of the Trump-Epstein scandal, breaking bombshell news with one hand and largely ignoring it with the other.
Why it matters: The Wall Street Journal's scoop about Trump's alleged letter to Jeffrey Epstein drew national headlines — just not on Fox News. The divergence underscores how Murdoch's dual media arms serve different audiences, but the same bottom line.
And in July 2025, the "recession pop" Party in the U.S.A. lives on.
The big picture: Recession pop bangers — those upbeat, liberating jams that blasted on the radio against a bleak national backdrop — are making their comeback, according to social mediausers and music industry data alike.
