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.
The U.S.'s great AI race with China, now freshly embraced by President Trump, is a competition in the dark with no clear prize or finish line.
Why it matters: Similar "races" of the past — like the nuclear arms race and the space race — have sparked innovation, but victories haven't lasted long or meant much.
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.
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.
