The U.S. Department of Agriculture directed states to "immediately undo" any steps taken to issue full food assistance benefits to Americans whose aid hangs in limbo.
Prices are not that high and are already coming down, Trump administration officials argued Sunday, amid mounting outrage at the affordability of everyday goods.
Why it matters: The administration is trying to climb out of the same hole that trapped former President Biden and his team: You can't convince people the economy's strong if they're paying more for almost everything they buy.
Transportation Secretary Sean Duffy warned that a "substantial" number of Americans may not be able to spend Thanksgiving with family as the record-breaking government shutdown mires air travel.
The big picture: Under the strain of missed paychecks, air traffic controllers have increasingly been absent from their critical posts just weeks before the Thanksgiving travel rush.
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.
President Trump on Sunday once again floated the idea of paying a $2,000 dividend to most Americans out of the billions raised in tariffs this year, an idea he's repeatedly touted but never executed.
Why it matters: Trump is doubling down on his tariff pitch even as those duties face their biggest legal test yet before the Supreme Court — and as Republicans reel from an election in which voters punished them for high prices those same tariffs helped fuel.
Hiring is slowing, but demand for AI skills is spiking.
Why it matters: Business leaders are beginning to see an emerging gap between workers who embrace AI and those who use it only for basic tasks or not at all.
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.
Look under almost every element of President Trump's second-term foreign policy — from the trade war with China, to peace in Ukraine, to annexing Greenland — and you'll find critical minerals.
Why it matters: China has the U.S. in a bind when it comes to supplies of rare earths and other scarce minerals, and President Xi Jinping has proved he's willing to squeeze. That's why Trump was so intent on signing a one-year trade truce with Beijing, and why he's scouring the world for alternative sources.
