For businesses, the effect of Trump’s incoherent economic policy decisions is to freeze their planning in place. A recent poll of corporate chief executives indicates that the business leaders are fully alive to negative trends that may yet be undiscerned by ordinary Americans.

Democrats claim economy focus drove 2025 gubernatorial wins in New Jersey and Virginia, setting stage for 2026 midterm elections as affordability remains key voter issue.

President Trump is out to stop the 2025 midterms from turning into a preview of the 2026 midterms. Democrats want to keep the momentum going.

And while a debate about the future of the Democratic Party may have only just begun, there are signs that the economy — specifically, Trump’s inability to deliver the economic turnaround he promised last fall — may hurt the Republican Party for the foreseeable future.

In Virginia, New York and New Jersey, Democrats emphasize affordability, believing voters are dissatisfied with the president’s economic policies.

Democratic victories in Tuesday’s highest-profile, and under-the-radar, elections give the party a shot in the arm as they look to regroup and storm into next year’s key midterm elections.

President Donald Trump is heading to Miami on Wednesday — the anniversary of his reelection to a second term — to speak to a forum of business leaders and global athletes about what he sees as his economic achievements.

In today’s newsletter: The shutdown is intensifying anxiety over the economy, and some Republicans are sounding the alarm. Gubernatorial hopefuls in New Jersey and Virginia make their final push ahead of Election Day. And the Trump administration is planning a new mission against Mexican cartels, U.S. officials say.

"But make no mistake, how much you pay at the cash register is going to determine who you vote for in these elections."