Data went dark this month. The government shutdown is halting the collection and release of statistics tracking the job market, public health and crop production, as well as other economic indicators.
Why it matters: The numbers are critical for understanding what's happening in the U.S., particularly at a moment of rapid change in both government policies and in the job market.
Treasury Secretary Scott Bessent — whose net worth is estimated at more than $500 million — on Sunday said he was sharing in the pain of the farm export crisis as a soybean farmer himself.
Why it matters: China has cut off purchases of U.S. soybeans amid the trade war, depriving farmers of their largest export market and an estimated $13 billion in annual sales.
The U.S. will not lose money on its massive bailout of Argentina, Treasury Secretary Scott Bessent said Sunday, despite the continued weakening of the Argentine currency.
Why it matters: American intervention in Argentina's economy so far hasn't paid off, with the peso falling to record lows despite unprecedented levels of support.
The U.S. has worked out a "framework" trade deal with China that will avoid a threatened additional 100% in tariffs, Treasury Secretary Scott Bessent said Sunday.
Why it matters: The news will come as a huge relief to financial markets, which feared an escalation of the trade war, and to businesses, which worried about an unimaginable surge in their costs.
Immigration raids in California's Coachella Valley — a key source of the nation's produce — have upended daily life, keeping parents from fields, children from school and multiple families crowded into shared homes.
Why it matters: Fear in one of the country's poorest regions shows how the Trump administration's immigration crackdown is shaking a vulnerable labor force, mostly undocumented, overwhelming churches and food banks.
Black and Latino Americans are reporting record levels of alienation and pessimism about the nation's direction, as President Trump tightens his focus on immigration enforcement and civil rights rollbacks, per a new poll.
Why it matters: More Latinos and Black voters supported Trump in 2024 than in his two previous presidential runs, but early into his second term the sense of exclusion has deepened among communities of color.
The sports equinox, a day when games across the four major sports — the NFL, NBA, MLB and NHL — are scheduled, marks the start of the busiest season of the year for gambling.
Why it matters: Casinos are cashing in as more states legalize sports betting.
Sen. Bernie Sanders believes Kamala Harris lost last year's election because she was scared of offending big businesses and corporations, he said in a new interview for "The Axios Show."
"I think it's very hard to say that Kamala Harris ran a campaign that spoke to the needs of the working class and was prepared to take on corporate greed and the oligarchs," Sanders said.
Why it matters: It's the latest salvo in the fight within the Democratic Party over why Donald Trump won in 2024 and what Democrats should do going forward.
