The purpose of tariffs is not to generate revenue, and their revenue-boostingbenefits will eventually shrink as domestic tax receipts rise, Treasury Secretary Scott Bessent said Sunday.
Why it matters: President Trump keeps touting tariff revenue as a solution to various problems, even as the Supreme Court weighs whether the administration is using tariffs as an illegal tax.
Why it matters: Broadcast and print outlets hungry for revenue saw sports gambling as a potential windfall — but the first-mover advantage has proven powerful for industry leaders DraftKings and FanDuel.
Dozens of white clergy are signing up to run as Democrats in 2026, as progressive faith leaders push back on the political dominance of the Christian right.
Why it matters: Democrats have a track record of Black clergy running for office, including Sen. Raphael Warnock (D-Ga.) and Rep. Emanuel Cleaver (D-Mo.). But when white pastors have run, it's usually been as Republicans.
Local journalists face a new wave of threats and intimidation amid Immigration and Customs Enforcement raids, marking the most intense press freedom clashes since the 2020 Black Lives Matter protests.
Why it matters: The surge underscores the vulnerability of local reporters covering federal and local actions.
New digital local news startups are emerging — just not always where coverage is most needed, as they serve mainly major cities and coastal regions.
Why it matters: Nearly half of new digital local outlets are nonprofits that depend on philanthropy, which clusters in urban areas, leaving rural America without robust local reporting.
The fate of a proposed $6.2 billion merger of Nexstar and Tegna rests on whether the Federal Communications Commission can lift the current limit on television station ownership.
Why it matters: The merger would create the largest local broadcast company in the country by far.
Other countries are finding new ways to support local news, offering lessons for how the U.S. could address those same economic challenges.
Why it matters: The U.S. relies far more on philanthropy to support local news than other Western democracies, says Rodney Benson, professor and former chair of NYU's Department of Media, Culture, and Communication.
Forget asking your neighbor to use their sauna — now you can just book it. Swimply, known for summertime pool rentals, is expanding its lineup for the colder months.
Why it matters: Renting out an indoor pool, sauna or hot tub can turn a costly home feature into a moneymaker.