Energy Secretary Chris Wright said Sunday there are "no guarantees" when gas prices will fall, acknowledging the Strait of Hormuz remains unsafe.
The big picture: Administration officials are adamant the pump price shock will be short-lived pain for a geopolitical gain. But the spike in prices threatens to become a political liability.
If you predicted the U.S. would fall into recession due to the latest headlines, the last few years have made you look dumb. Through interest rate increases, armed conflict in Europe and a trade war, it has proven stunningly resilient.
The big picture: America's economic superpower has been its scale, diversity and adaptability that have allowed it to continue chugging along whenever crises arise.
Now, the Iran war will test again how much the U.S. economy can absorb without a meaningful downturn.
Major artists are returning to headline tours in the U.S. after long breaks from the road.
Why it matters: The trend underscores the growing power of the nostalgia economy, as fans revisit artists from their youth while younger listeners can easily connect with them through streaming and social media.
Polititicans must commit to tailored, economically focused messaging to win Latino voters in the 2026 midterms, Univision executive Ignacio Meyer said Saturday at Axios House at SXSW.
Why it matters: Latinos — the up-for-grabs voting force that could decide 2026's razor-thin congressional battles — propelled President Trump's 2024 victory with record GOP support, about 48% nationally.
Black and Hispanic audiences are among the fastest-growing groups in podcasting, pushing the medium past talk radio in share of spoken-word listening.
Why it matters: As podcasting becomes mainstream, many creators — especially those who are Black or brown — are building audiences on platforms they don't control.
