Democrats dominated the first major Election Day since President Donald Trump returned to the White House. 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 be a real problem for Trump's GOP heading into next year's higher-stakes midterm elections.
Reality check: At the end of July Lutnick posted to X that "the Trump Economy has officially arrived," citing a strong GDP report. Since then, a combination of weak jobs data and hot inflation reports has painted a very different picture of an economy struggling to grow. Just Thursday, the Consumer Price Index showed inflation rising for a fourth consecutive month, while initial jobless claims were the highest in years.