SINCERETALK

The ongoing rise in prices under President Donald Trump, which is being exacerbated by the war in Iran, has prompted one food CEO to cut prices for his company’s products as consumers “run out of money.” “Consumers are literally running out of money toward the end of the month,” Kraft Heniz Chief Executive Steve Cahillane told The Wall Street Journal’s Jesse Newman in an interview that ran on Wednesday . “Being there with the right offering at the right time has never been more important.” Kraft Heinz is working to lower prices to keep purchases up, but there's only so many cuts a company can make before the destroying profits. Nevertheless, Cahillane explained that passing down savings is necessary because of rising inflation. “We could see more significant inflation, and nobody wants to see that because in our industry we still haven’t seen a return to volume growth,” Cahillane said. “We had four years of volume degradation because the consumers had to absorb too much price. I t...

President Donald Trump’s economy has reached a point where it is impacting an institution upon which countless Americans rely for survival — soup kitchens. Theresa Wilson, the owner of Rose of Sharon soup kitchen said the need for her services is "growing,” reported AL.com ’s Megan Plotka on Wednesday. "We see people from everywhere, and I’ve been seeing an increase in the different types of people coming here, and it’s because the food prices are so high, gas prices are so high, and they have food insecurity,” Wilson said. “We want to be a resource. Wilson currently serves about 300 people a day. But even as the Trump economy squeezes the line in her kitchen a little further out the door, Wilson said rampant inflation affecting Americans across the nation appears to be whacking her own utility costs, which have "increased very suddenly," peaking at $2,200 per month in February before dropping to a still-high $1,783 per month. Usually at this time of year, she re...

Puck Chief Political economist John Heilemann tells MS NOW anchor Nicole Wallace that he is spying the signs of President Donald Trump’s sour economy in grocery lines even as Trump and his family continue to use the White House to enrich themselves. “It's not just that we're that the president has so many side hustles. … But it's that he has these side hustles and he's doing them out in the open at a time when people [are hurting,]” said Heilemann. “When I go around up here in my upstate purple part of New York, I go around to drugstores and supermarkets, and all of a sudden, I'm seeing people using coupons in a way that I haven't seen in a really long time. … [C]oupons never went away. But now it's like, I see it's like every time I'm in a line for anything, literally today at the supermarket, everybody in line is digging through their pockets for coupons because they're so stretched financially.” And these aren’t senior citizens, said Heilema...

The Wall Street Journal and other industry observers keep saying artificial intelligence investment is the one thing “saving” President Donald Trump’s stock market time and again, as Trump’s economy plateaus or tanks other stocks. However, Asad Ramzanali, director of AI and technology policy at the Vanderbilt Policy Accelerator, says AI overinvestment and risky financial engineering have made an AI crash more likely. “I started [my research] not assuming we’re in a bubble, but that if we are, we should be prepared. As I got deeper into this, I became convinced that we are in a period of overinvestment where the money going out the door in the industry, which is primarily for data centers and chips, doesn’t match the money coming in,” Ramzanali told Washington Monthly podcast, Senior Editor Anne Kim . Ramzanali said research shows “$2 trillion is what the annual revenue from AI will have to look like to recoup” all this investment — and that’s not what can happen in the real world. So...

People who regularly watch Fox News are more likely to believe in a debunked conspiracy theory that has been widely linked to violence, according to a recent study. “Recent years have witnessed an increase in white Americans’ support for the Great Replacement Theory (GRT), the xenophobic conspiracy theory that posits that political elites are embracing permissive immigration policies to bring in ‘obedient’ voters who will vote for them and who will eventually replace native white citizens,” scholars Jesse Rhodes, Seth Goldman and others wrote for the journal PS: Political Science & Politics . They added that, because Fox News frequently promotes this theory, the article’s authors decided to study “the American Multiracial Panel Study to investigate whether exposure to Fox News is associated with support for the GRT.” After surveying more than 1,000 people over a period of more than a year, they concluded that “whites who receive their political news from Fox News are significantly...

The IndyStar reports Indiana’s high-populated Marion County appears to be topping recent primaries as President Donald Trump made moves to remove Republican incumbents who bucked him on a recent push for a mid-decade gerrymander. “Even though a few Marion County residents may still be waiting in line to cast their votes, voter turnout is trending toward 15 percent, Dan Goldblatt, communications director for the Marion County Clerk’s Office, said shortly after 6 p.m. Tuesday,” said IndyStar reporter Katie Wiseman. While that number might seem low, Wiseman reports Indianapolis' primary elections only see 7-8 percent voter turnout, according to Goldblatt. “[The year] 2026 has already seen a higher voter turnout than the presidential primary election in 2024, which was 13.55 percent and the last primary midterm election in 2022 which saw only 10.78 percent voter turnout according to Marion County voter data ,” wrote Wiseman. The New York Times reports that voters in deep-red Indian...