Americans feeling pinched financially are splurging on small treats while economic anxiety and inflation jitters put off larger purchases. Why it matters: From movie tickets to collectible watches , those affordable indulgences are helping sustain consumer spending . - The economy remains in what some economists call a "vibecession," where consumers feel relatively stable personally while pessimistic about the broader economy. - Consumers feel caught between a "combination of rising inflation, slowing after-tax real incomes, and rising credit card debt," Wayne Winegarden, a senior fellow in business and economics at Pacific Research Institute, tells Axios. - In a K-shaped economy, the wealthy can still indulge while lower-income…
An overnight Department of Justice filing cast Saturday's shooting on Pennsylvania Avenue as another attempted assassination of President Donald Trump.
Saikat Chakrabarti, Alexandria Ocasio-Cortez’s former chief of staff, is running in San Francisco to succeed Representative Nancy Pelosi, whom Mr. Chakrabarti irked with an incendiary tweet seven years ago.
A single infusion of an experimental gene-editing drug seemed to reduce LDL long-term in a small trial. The results may point to something “curative,” one expert said.
Scarlett Spears and Mykal-Michelle Harris headed to Walt Disney World to check out the return of the "Cool Kids Summer" program, running May 26 through Sept. 8, 2026.
President Trump says that a deal with Iran to end the war is largely negotiated. And, Pope Leo XIV weighed in today on the rise of AI during his first encyclical.