This chart helps explain why a prolonged trade war could slow or even halt U.S. oil production growth despite President Trump's goal of juicing output.
Why it matters: U.S. prices have fallen to levels where producers can no longer profitably drill new wells in major regions, per the latest Dallas Fed corporate survey.
An ambitious new effort to reframe the U.S. approach to climate is taking a sledgehammer to shibboleths on the left and the right.
Why it matters: The Climate Realism Initiative warns of massive threats to the U.S., while arguing the country's past approach focused on the wrong things.
A "significant" extreme weather system that's lashed the U.S. South and Midwest for days was shifting through the Southeast on Sunday — with forecasters warning of more severe thunderstorms, tornadoes and flooding threats.
The big picture: The National Weather Service said severe weather concerns would persist into Monday across portions of the Southeast from the storm system that's killed at least 18 people since it ramped up Wednesday, with officials in Tennessee confirming 10 storm-related deaths as of Sunday.
Americans will benefit more from lower energy prices and interest rates than they will be hurt by falling stock prices as a result of President Trump's tariffs, Treasury Secretary Scott Bessent said Sunday.
Why it matters: Economists broadly fear a global recession, perhaps even a dire stagflationary environment of rising prices and slowing growth, after Trump's sweeping attempt to re-order the world's economy.
