UMich Sentiment Slumps In August As War Re-Escalated, Inflation Fears Tick-Up

Supreme Court Hands Texas GOP Redistricting Win, While Virginia Judge Backs Democrats The U.S. Supreme Court on Monday granted Republicans a significant boost in the ongoing battle over congressional boundaries, issuing a summary reversal that allows Texas to proceed with its 2025 mid-decade congressional map for the November 2026 elections. In the case, Abbott v. League of United Latin American Citizens, the justices overturned a federal district court’s earlier injunction against the new boundaries. The majority referenced its own prior opinion from late 2025 in the same litigation, while Justices Sotomayor, Kagan,...

Trump Administration Set To Receive $10 Billion Fee From TikTok U.S. Deal The Trump administration is poised to receive roughly $10 billion in payments from investors involved in the recently completed transaction to take control of TikTok’s U.S. operations, delivering an unusual financial windfall tied to the government’s role in keeping the popular social-media platform active in the United States. ByteDance is the Chinese parent of TikTok. John G Mabanglo/EPA/Shutterstock The payments are part of the arrangement under which a consortium of admin-aligned investors took control of TikTok’s American business from its...

Iconic American Beer Brand Discontinued After 177 Years Schlitz Premium, the storied lager once billed as “the beer that made Milwaukee famous,” is heading into retirement. Pabst Brewing Co. confirmed this week it is placing the brand on indefinite hiatus, ending production of the nearly two-century-old beer label founded in Milwaukee in 1849 that grew into one of America’s most iconic brews. The decision, driven by rising storage and shipping costs amid softening demand for the value-priced brand, marks the latest chapter in a turbulent corporate saga. Wisconsin Brewing Co. in...