Former Treasury Secretary Larry Summers blasted President Donald Trump’s “Big Beautiful Bill” on Sunday, calling it the most disgraceful piece of legislation in modern history. Appearing on ABC’s “This Week,” Summers said the bill’s deep cuts to social programs would endanger hundreds of thousands of Americans and undermine the nation’s economic stability.
Wisconsin’s new state budget includes a $5 million allocation to revive film tax credits and establish a state film office under the Department of Tourism. The initiative, supported by Democrat Gov. Tony Evers, aims to attract more film and television productions to the state by offering generous tax incentives.
Post-production workers—editors, musicians, and sound designers—are joining the ranks of those hit hardest by Hollywood’s shifting economic reality. As work continues to flow out of California, insiders now acknowledge that the once-secure entertainment jobs are becoming increasingly scarce and replaceable in the global digital marketplace.
YouTube creator Matthew “MatPat” Patrick has officially stepped into the political arena, launching the bipartisan Creator Economy Caucus in the House of Representatives alongside his wife, Stephanie Patrick. The caucus aims to bridge the gap between lawmakers and digital content creators by advocating for policy that reflects the modern realities of online entrepreneurship.
The White House is celebrating a significant rise in Americans' personal income, highlighting a 0.8% increase in April—nearly triple the forecasted 0.3%.
Governor Ron DeSantis (R-FL) signed a bill this week recognizing gold and silver as legal tender in the state. The materials are poised to become free from sales tax.
New home sales in April jumped at the fastest pace since early 2023, countering persistent recession predictions from critics of the Trump administration. According to the U.S. Census Bureau and the Department of Housing and Urban Development, sales rose 10.9% from March to a seasonally adjusted annual rate of 743,000 units—up 3.3% from April 2024.
A majority of Americans believe the economy is doing well under President Donald Trump, according to a new national poll. The survey, conducted in May, found that 51% of registered voters consider the U.S. economy “strong,” reflecting growing public confidence in Trump’s leadership.
President Donald Trump returned from a weeklong Middle East tour with over $2 trillion in new economic agreements, drawing praise from top U.S. business leaders.
