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High prices put Trump’s economy in the spotlight as the GOP fights to hold Congress

20 October 2026 at 11:00

While Americans prepare to cast their ballots for who should control Congress and their local governments, the cost of filling a gas tank, paying rent and buying a home is becoming a defining test of the economy leading up to the 2026 midterms.

The latest inflation report underscores the challenge facing President Donald Trump and Republicans as they campaign on the economy and vow to improve conditions for American consumers. Trump returned to the White House promising to lower costs and is now campaigning for GOP candidates in key races, but the reality is something quite different.

With Election Day less than two weeks away, rising prices are testing whether voters feel like Republicans have done enough to improve the economy and their financial well-being.

ONE STATE IS GROUND ZERO AS TRUMP'S MULTIBILLION-DOLLAR TECH AMBITIONS FACE A MIDTERM TEST

And that pressure showed up in the latest inflation report, which found consumer prices rose 3.7% over the past year and 0.6% in September alone. The Consumer Price Index (CPI) tracks the prices households pay for a broad range of goods and services, from food and gasoline to housing and medical care.

Gasoline was a major driver, with its index jumping 9.1% for the month. But the gas to fill up the tank is not the only fuel cost putting pressure on households.

The diesel used to power trucks, farm equipment and freight trains is also surging, which has raised the cost of moving groceries, packages and building materials — another charge that has trickled down to how much Americans pay for those goods.

Additionally, the Iran war has disrupted shipping through the Strait of Hormuz, further tightening global fuel supplies, while disruptions to Russian energy infrastructure have added pressure.

Utility costs are adding to the squeeze as colder weather approaches. Electricity prices were up 4.4% from a year earlier in September, while piped natural gas service rose 5%, according to the CPI.

Those figures track prices, not what any one household paid, so a local customer's bill can show how the increase is landing in real life.

REPUBLICANS JUST GOT A POWERFUL NEW PLAYBOOK FOR THE BATTLE FOR CONGRESS. HERE'S WHAT'S INSIDE.

Housing costs also continued to climb. The shelter index, which tracks rents and a measure of what homeowners would pay to rent their homes, rose 3.2% over the past year. Grocery prices offered some relief, dipping 0.1% in September, though they remained 1.8% higher than a year earlier.

Additionally, Trump's trade agenda is another part of the affordability debate.

A New York Fed study found that tariffs in place through February added 2.9 percentage points to consumer-goods inflation. Tariffs are taxes on imported goods, and U.S. companies that pay them can pass some of the added cost along to shoppers.

The study found that higher prices also affected some goods made in the United States, as domestic producers faced less competition from imports. The White House has argued that its trade policies will strengthen U.S. manufacturing and that foreign exporters bear the costs.

Housing presents a different affordability challenge. The median price of an existing home reached $417,500 in September, up 1.3% from a year earlier, while the average 30-year mortgage rate was 7.4%.

AMERICAN-MADE GOODS ALSO GOT MORE EXPENSIVE UNDER TRUMP TARIFFS, NEW RESEARCH FINDS

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The latest figures give voters a snapshot of what they are paying, but not a verdict on who is to blame.

With Election Day approaching, Trump and Republican candidates will have to convince voters that their policies can make everyday costs more manageable.

Beleaguered Macron cites US-Iran war as factor in protests amid Trump, Vance criticism

19 October 2026 at 23:02

The embattled French President Emmanuel Macron on Sunday pinned some of the blame on the U.S. war against the terrorist regime in Iran for the widespread riots and looting unfolding across France.

The controversial passage referring to the Iran war from his televised speech triggered criticism from some experts. Macron said that "demonstrators expressed concern about the cost of living and the price of fuel. Both are driven by the conflict launched in the Persian Gulf, a conflict in which France has taken no part but whose consequences we are suffering."

He added, "I fully understand their concern. It is being expressed in several other European capitals as well. That is why I have taken several initiatives at the international level to secure our fuel and our gas and to act on energy markets." Macron announced that he would be traveling to the Gulf on a three-nation stop to discuss the energy crisis.

FRANCE’S TEEN RIOTS TAKE EXPLOSIVE NEW TURN AS GOVERNMENT POINTS FINGER AT HARD LEFT

It is unclear which demonstrators Macron signaled out for alleged concerns about fuel prices. Fox News Digital reported on Monday on the inner workings of the large-scale riots with many of the groups named seeking to abolish the free enterprise system.

Macron stressed that those who have tried "to bring down the republic will be held accountable."

President Donald Trump told reporters on Monday that, "I said the first time I met Macron, I said, you got to close up your borders. You're going to ruin your country. And they've ruined their country. It's going to be hard to get it back. But hopefully France will come back."

A spokesman for the French foreign ministry pointed Fox News Digital to President Macron's televised address on Sunday and referred Fox News Digital to the Elysée press office for other questions. The Élysée press office did not respond by time of publication.

Lisa Daftari, an Iran expert, told Fox News Digital, "Macron is pointing at the Iran war, but fuel is expensive because Iran's regime closed the Strait of Hormuz and held the world's energy supply hostage. The bigger question is whether this is really about students and fuel prices at all. Major infrastructures and landmarks have been set on fire, shops were looted across the country and nearly 2,400 people were arrested in a single day."

According to Daftari, who is the Foreign Desk Editor-in-Chief, "That's not a protest over the price of diesel. It's organized lawlessness and Macron's own government admits it, blaming ultra-left groups and criminals. France has a domestic crisis, and current geopolitics are not the alibi for it."

WHO'S WHO: INSIDE FRANCE'S 'CHAOS INC.' FRANCHISE OF COMMUNIST GROUPS, LABOR UNIONS AND GLOBAL ACTIVISTS

French Prime Minister Sébastien Lecornu accused the "ultra-left movement" of "orchestrating profound disorder in the country leading up to the presidential election "

Barak Seener, an associate research fellow at the London-based Henry Jackson Society, told Fox News Digital that "Illegal immigration from the Middle East, North Africa, Sub-Saharan Africa as well as from Afghanistan, Pakistan and Bangladesh to European states serve as Trojan horses to dominate the West. Calls to ‘globalize the intifada’ and ‘Free Gaza’ and ‘Stop the genocide’ are codes to subvert and ultimately dominate Western civilization and impose Sharia law. Macron is still making the mistake of ignoring this."

VIOLENT FAR-LEFT RIOTS IN FRANCE ARE 'CHILLING WARNING' FOR AMERICANS AT HOME, MIKE JOHNSON SAYS

In a social media post Vice President JD Vance criticized France for its porous immigration policy. Vance wrote on X that "Western liberals imported the third world into France and other countries in the name of diversity and compassion."

He added: "They ignored fundamental questions of assimilation and compatibility. They were told it would lead to this and they didn’t listen."

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Seener said that similarly, the French political establishment’s political correctness and unilateral support of a Palestinian state have come home to roost. Just as Macron ignorantly declared at the 81st United Nations General Assembly that Hamas ‘has never been active’ in the West Bank, it is remarkable how Macron is reframing reality to suit his political agenda."

Seener, who has written extensively about Iran, added that "He has chosen to address students, teachers, trade unions, lawmakers and business leaders and increased oil prices due to the U.S.-led war against Iran. It is unrelated to this. More fundamentally, Macron is choosing to ignore the Red-Green alliance that has contributed to the riots across France, including 38 radical Left and Muslim organizations and 16 student organizations which includes communist youth groups and a Muslim student association such as the Muslim Students of France."

Trump's decision to import Russian diesel is an 'incentive to end the war,' energy secretary says

18 October 2026 at 19:37
Donald Trump
President Donald Trump signed an executive order waiving new sanctions on Russia.

Aaron Schwartz/Getty Images

  • US Energy Secretary Chris Wright defended Trump's decision to buy Russian diesel.
  • Wright said the relief is actually an "incentive" for Russia to end its war with Ukraine.
  • Ukraine's President Zelenskyy and several US lawmakers have criticized the move.

President Donald Trump is still playing hardball with Russia, according to US Department of Energy Secretary Chris Wright.

Wright defended Trump's decision to waive sanctions on Russia during a Sunday interview on CNN's "State of the Union with Jake Tapper and Dana Bash."

In September, Trump signed into law a sanctions package targeting Russian officials and parts of its economy in an effort to pressure Russia amid its war on Ukraine. Last week, Trump issued an executive order waiving those new sanctions, other restrictions, and some duties on Russia.

In early October, Trump also announced an agreement with President Vladimir Putin under which Russia would supply over 300,000 tons of diesel fuel to America and the global market.

"President Trump waived sanctions just on diesel exports, and what's the one thing Russia has not been able to export over the last month or so? Diesel, because they're short of diesel," Wright said.

The Energy Secretary said waiving the sanctions solves two problems: the diesel oil shortage and Russia's ongoing war with Ukraine.

"This is pressuring Russia. Russia does not have diesel to export," Wright said. "The only way they can get additional diesel to export is if they turn down the conflict with Ukraine."

Wright said Russia would have to enter into an energy ceasefire or reduce its war efforts to have enough additional diesel to export.

"This is not going soft on Russia. This is an incentive to end the war," Wright added.

Trump elaborated on his reasoning further on Sunday in a Truth Social post.

"I am in the process of negotiating Peace in the war between Russia and Ukraine, and don't want to do anything that will drive, foolishly, Russia away from the bargaining table," he wrote.

Ukrainian President Volodymyr Zelenskyy said waiving sanctions on Russia "seems wrong" to him. US lawmakers on both sides of the political aisle also criticized the move, including Republican Sen. Thom Tillis.

"Beyond irresponsible. What part of enforcing a law passed 86-11 by the Senate does the President and his advisors not understand? It's unconscionable that this administration is capitulating to a Russian dictator who illegally invaded Ukraine and butchers innocent civilians every single day," Tillis wrote on X.

He added, "If the President wants to actually bring down energy prices, he can do it by solving the Iran problem, not by doing a solid for Vladimir Putin."

Diesel and regular gas prices have skyrocketed globally as the US war on Iran drags on. Following surprise attacks by the US and Israel on Iran in February, Iran effectively shut down the Strait of Hormuz, which is a major waterway through which much of the world's diesel and oil is shipped. Last week, the International Energy Agency ‌said the diesel shortage could run into 2027.

That's a problem for Trump, who is hoping voters overlook high gas prices and concerns over the cost of living when they head to the polls this November for the midterm elections. Higher diesel prices mean higher shipping costs, which trickle down to consumers as inflated prices for everyday goods.

Wright also appeared on ABC's "This Week" on Sunday, during which he said Trump was trying to find "innovative" ways to end the Russia-Ukraine war.

"This is a motivation for Russia to figure out how they can actually export some diesel," he said.

Read the original article on Business Insider

Meta says it shut down No Kings Instagram account because it thought bots had been unleashed

19 October 2026 at 05:21
Two demonstrators hold handmade voting signs reading “VOTE EARLY” and “SHOW UP SPEAK UP VOTE” near a monument.
Demonstrators hold signs during a "No Kings" protest at the South Carolina Statehouse.

Sean Rayford/Getty Images

  • Meta says its system detected intense bursts of activity by a Claude tool.
  • That triggered an automatic shutdown and locked admins out of the account.
  • It happened during a day of rallies promoting early voting in the midterms.

Meta said Sunday that its systems suspended the No Kings movement's Instagram account during its day of action because it detected "intense" activity by a Claude tool.

The account was locked and administrators were denied access for "several hours" during nationwide rallies on Saturday to mobilize early voting in the midterms, the group said.

Meta initially said that an automatic trigger was responsible for shutting down the account "in error," but offered a fuller explanation a day later.

"Our engineering team discovered that the spike that triggered the incorrect enforcement was primarily in the account's 'reading' behavior," spokesperson Andy Stone said in an X post.

"Specifically, our network security systems detected the use of a Claude tool reading profiles, posts, and hashtags, the rate of which sharply increased (~4x volume) in intense bursts on October 17. "

Stone said the activity resembled bot traffic, prompting the system to take the account offline.

"An automated re-review of the removal action an hour later recognized that shouldn't have happened and restored the account. It unfortunately took additional time for us to straighten out the situation with admin access to the IG account.

"We want to reiterate our sincere apology for the error," he wrote.

The No Kings network, which bills itself as nonpartisan but arose last year in response to President Donald Trump's actions, said it held nearly 3,000 rallies across the country to encourage voters to cast their ballots early as a hedge against any effort to undermine turnout.

"Restricting communications about voting in the middle of an election is unacceptable," it said.

"Meta must answer for this suspension and take immediate steps to ensure it never happens again — to any account, but especially those working to inform voters and encourage participation in our democracy."

Democratic Sen. Chris Murphy of Connecticut called for an investigation into the shutdown, saying on Sunday evening that even if it was made in error, the incident was a "total indictment of Meta's outsized influence on our culture and politics."

"If it wasn't malevolence, it was likely a natural consequence of a company that is desperate to get as close to Trump as possible (and thus has a disincentive to do the basic, proactive work to be ready to support users on No Kings Day)," he wrote in a post on X.

The senator, who has advocated for stricter regulation and anti-monopoly laws against Big Tech, said Meta's significant share of the political discourse market comes with a responsibility for it to be ready for "major moments of political action."

October 18, 2026: This story was updated with public comment from Sen. Chris Murphy.

Read the original article on Business Insider

Katie Zacharia had the shortest tenure as press secretary in history. Here are the others who didn't last long.

17 October 2026 at 00:55
Katie Zacharia and President Donald Trump.
Katie Zacharia came under scrutiny for her legal credentials shortly after her first press briefing on Tuesday.

Win McNamee/Getty Images

  • President Donald Trump chose Katie Zacharia to serve as the new White House press secretary.
  • After five days, a White House official said that she is "transitioning out" of the role.
  • Zacharia is among three other former press secretaries with tenures lasting under two months.

Katie Zacharia's first briefing as President Donald Trump's press secretary was on Tuesday. By Friday, the White House confirmed she was out.

The record five-day tenure came after days of missteps by Zacharia, and amid two watchdog groups filing complaints with the State Bar of California on Wednesday, asking it to investigate whether she violated California law by calling herself a lawyer.

While the longest-serving press secretary was Stephen Early, who held the post for 12 years under Franklin D. Roosevelt, only four press secretaries have lasted under two months.

Here's a closer look at White House press secretaries with the shortest tenures.

Katie Zacharia

White House press secretary Katie Zacharia speaks to the media in the James S. Brady Press Briefing Room at the White House on Tuesday, October. 13, 2026 in Washington, D.C. The briefing was Zacharia's first. (Photo by Samuel Corum/Pool/FTWP)
Katie Zacharia served as press secretary under Donald Trump for five days.

Samuel Corum/Pool/FTWP

Katie Zacharia made her White House press briefing debut on Tuesday and quickly came under intense scrutiny over her legal credentials.

Shortly after Tuesday's briefing, she was asked which state she passed the bar exam in and replied: "When I moved to China."

On Thursday in an interview with right-wing provocateur Jack Posobiec, Zacharia said she took the bar exam but failed, and never retook it.

Zacharia moved to China after earning her law degree in 2011, and told Posobiec she had already preregistered for the bar exam before moving to Beijing, where her husband was working at an American private equity firm.

"I didn't want to withdraw from that," Zacharia said of the bar exam. "And we knew we would be moving out to China, and I was obviously incredibly distracted and overwhelmed and excited for finally being married to someone who I had been long-distance from for at least a year."

She served as press secretary between October 12 and October 16.

Stephen Early

A man sits at a desk.
Stephen Early served as Franklin D. Roosevelt's press secretary for 12 years. He briefly served as acting press secretary under Harry S. Truman in December 1950 for 14 days.

Original Caption

Stephen Early is both the longest-serving press secretary in US history and the press secretary with the second-shortest tenure.

He was President Franklin D. Roosevelt's press secretary for 12 years, from 1933 to March 1945.

Early then briefly returned as acting press secretary under President Harry S. Truman in December 1950 after the death of press secretary Charles Ross.

Early was in the position for 14 days, from December 5 to December 18, 1950.

Jerald TerHorst

A man in a suit speaks.
Gerald TerHorst served as press secretary under President Gerald Ford for 31 days.

UPI/Bettmann Archive/Getty Images

Jerald TerHorst served as President Gerald Ford's press secretary for over one month, from August 9 to September 8, 1974.

He resigned in protest of Ford's pardon of former President Richard Nixon following the Watergate scandal.

TerHorst said he could not defend Ford's decision in good conscience, despite his long-standing friendship with the president.

Jonathan Daniels

A press conference.
Jonathan Daniels (far left) served as press secretary under both Franklin D. Roosevelt and Harry S. Truman for 48 days.

Keystone-France/Gamma-Keystone via Getty Images

Jonathan Daniels served a short tenure as press secretary at the end of Franklin D. Roosevelt's presidency and at the beginning of Harry S. Truman's.

That brings his tenure to 48 days, from March 29 to May 15, 1945.

He was appointed shortly before Roosevelt's death and stayed on temporarily to help Truman transition into the presidency.

Truman then selected Charles Ross as Daniels' replacement.

Read the original article on Business Insider

HALF A MOOCH: Katie Zacharia is out after 5 days as White House press secretary

16 October 2026 at 19:11
Katie Zacharia.
Katie Zacharia.

Jim WATSON / AFP via Getty Images

  • President Donald Trump said he told Katie Zacharia to reconsider the White House press secretary job.
  • Shortly after, a White House official said she is "transitioning out" of the role.
  • She lasted five days in the role after mounting scrutiny over her legal credentials.

Embattled White House press secretary Katie Zacharia is out of the job after just five days, making her the shortest-tenured person to hold the role in history.

President Donald Trump said on Friday that he told Zacharia to reconsider taking on the high-profile job.

Shortly after his statements, The New York Times and CNN reported that Zacharia had been fired after less than a week in the role. A White House official told Business Insider that she is "transitioning out" of the role.

"I said to Katie just two minutes ago, I said, 'Katie, you know, you don't have to do this if you don't want,'" Trump told reporters at the White House, adding that Zacharia responded that the job is "a lot tougher" than she thought.

"I said to her, 'Honestly, if I were you, I'd reconsider. You think about it, but I would reconsider,'" Trump said.

A conservative commentator who has repeatedly described herself as a lawyer, Zacharia made her White House press briefing debut on Tuesday and quickly came under intense scrutiny over her legal credentials.

She was widely panned after the roughly 14-minute briefing, most of which was spent on reading from prepared remarks. After the briefing, while alongside Trump, Zacharia was asked which state she passed the bar exam in and replied, "When I moved to China," raising eyebrows.

National headlines soon followed reports that Zacharia had not been licensed to practice law in any US jurisdiction.

On Thursday, Zacharia said she took the bar exam but failed, and never retook it.

Trump told reporters on Friday that Zacharia had been treated "very badly" and "very unfairly" by the media.

"She's been treated very rough, and she's a nice person, very nice person," the president said. "I've watched her for years on television, but I said, 'Is this for you, Katie? Because, honestly, you don't need this.'"

"She's been treated, I would say, very nastily," he said.

A rocky start

Following her first briefing, CNN reported that "several White House officials" were questioning how long she could remain in the role.

The news of Zacharia's ouster means Trump will be searching for a top spokesperson again after Karoline Leavitt left the role in August.

Previously, Jonathan Daniels held the record for shortest tenure. Daniels served as White House press secretary for just 19 days before President Franklin D. Roosevelt died in office. (He briefly served in an interim capacity for President Harry Truman.)

In the modern era, press secretaries have historically served roughly a year in the role, a fact that CNN noted when Trump's first-ever White House press secretary, Sean Spicer, departed after 182 days in August 2017.

During the first Trump administration, Anthony Scaramucci famously spent just 11 days as the White House communications director before he was booted from the position.

Scaramucci, known as "The Mooch," weighed in on Zacharia's departure in an X post, writing, "Records are made to be broken. But I take no pleasure in other people's pain."

Before becoming press secretary, Zacharia worked for Trump Media, the parent company of Truth Social, and served a brief stint at the Department of Homeland Security.

Compared to her predecessors, her résumé was void of the campaign and Capitol Hill experience that previous White House press secretaries brought to the challenging role.

Read the original article on Business Insider

Questions about Katie Zacharia's credentials have recruiters talking about how they vet candidates

16 October 2026 at 19:49
Katie Zacharia and President Donald Trump.
Then-White House press secretary Katie Zacharia held her first press briefing Tuesday.

Win McNamee/Getty Images

  • Questions about now-former press secretary Katie Zacharia's legal credentials put résumé claims in the spotlight.
  • Recruiters share how they've caught candidates inventing jobs, faking degrees, or exaggerating their past.
  • Nearly 4 out of 10 Americans admit to putting inaccurate information on their résumés, a survey found.

For corporate recruiters like Martha Heller, asking questions about a job candidate's credentials — like the kind that swirled around now-former White House press secretary Katie Zacharia this week — is par for the course.

When a background check failed to verify an executive candidate's college degree a few years ago, Heller inquired about the discrepancy. The candidate, who was being considered for a job at a California insurance company, claimed a flood at his school had destroyed the records from the year he graduated. Skeptical, Heller called the college and learned that no such event had occurred.

"It was like detective work," she said, adding that the problem wasn't whether the candidate had a college degree. It was that he misrepresented his education and then doubled down when questioned, she said.

White House controversy

Zacharia's self-described legal career has been the subject of intense scrutiny in recent days following her appointment as White House press secretary. When asked by a reporter what state she passed the bar exam in, she responded, "When I moved to China."

Business Insider reviewed records for all 50 states and the District of Columbia and found no evidence that Zacharia had been admitted to any state bar in the US after she graduated with a law degree from Pepperdine University in 2011.

Zacharia later defended calling herself a lawyer, saying that after failing the bar exam the first time, she did not take it a second time. On Friday, a White House official confirmed that she is "transitioning out" of the role.

Vetting résumés

One of a recruiter's jobs is to vet a candidate's background. Research suggests it's not uncommon for candidates to exaggerate their credentials.

Some 37% of Americans said they've put inaccurate information on their résumés, according to a June report from Novorésumé, an online résumé-building service. Nearly 7% said they'd claimed a degree, certification, or other credential they didn't possess, while 6.1% said they'd listed a job that didn't exist or was substantially fabricated. The findings are based on a May survey of 2,000 US adults.

Brian Fink, a managing partner at tech recruiting firm The ReWork Group, can relate. Last year, a candidate for a senior marketing job at a cybersecurity company was on the verge of being hired when a background check failed to confirm that he'd worked for a company listed as a past employer on his résumé and LinkedIn profile.

Fink said he gave the candidate an opportunity to provide evidence supporting his claim, but the man refused.

"I had no choice but to rescind the offer," said Fink. "If you're willing to lie about your education, what else are you willing to lie about?"

Background checks

Recruiters typically wait until a job candidate is a finalist to conduct a background check because the task is time-consuming and costly. They also tend to hold off contacting references early on to avoid tipping off the person's current employer that they're job hunting. Early in the process, though, some recruiters will look for potential red flags by probing inconsistencies or gaps in candidates' work histories.

Doug Johnson, CEO of executive search firm Valor Partners, said he asks candidates at the end of an interview if there's anything embarrassing or potentially damaging in their past that might come up during a background or reference check. He tells them that disclosing it now gives them a chance to address the issue with a prospective employer, while discovering it later could cost them the job.

Most candidates say there's nothing to be concerned about, said Johnson. But some subsequently fall off the radar, and others suddenly report receiving a raise or finding a better opportunity elsewhere.

"It worries people who have a conscience," he said.

Update: October 16, 2026 — This article has been updated to reflect Friday's news that Zacharia is out of the role.

Read the original article on Business Insider

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