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Many Americans plan to slash travel, entertainment spending in 2025: Survey
Many Americans plan to slash travel, entertainment spending in 2025: Survey

The Hill

time7 days ago

  • Business
  • The Hill

Many Americans plan to slash travel, entertainment spending in 2025: Survey

More than half of Americans expect to spend less on fun expenses — like entertainment, travel and eating out — this year, according to a new Bankrate poll, published earlier this week, found about 54 percent of respondents said they plan to slash their nonessential spending in 2025, up from 49 percent last year. Bankrate senior industry analyst Ted Rossman said the pandemic-era trend of 'doom spending' — embracing unique, exciting experiences because it felt like life was too short — is ending. 'We're finally seeing a limit to the 'you only live once' urge to splurge,' Rossman said. This survey revealed that 38 percent expect a decrease in their travel spending, and 39 percent expect to spend less on dining out and live entertainment. President Trump's latest tariffs have stoked fears of a recession, and household debt hit a record $18.2 trillion in the first quarter of 2025, according to the Federal Reserve Bank of New York. A large majority of U.S. voters, 82 percent, are worried about a potential recession under the Trump administration, according to an exclusive NewsNation/Decision Desk HQ poll conducted in April. 'The cumulative effects of inflation and high interest rates have been straining households, contributing to record levels of credit card debt and causing consumer sentiment to plummet,' Rossman said. Conversely, one-third of respondents said they plan to have more discretionary spending this year, with 22 percent opting to fund travel, 19 percent dining out and 15 percent entertainment. The cost of travel is down from last year, according to Bankrate. That includes the price of gas, car rentals, airfare and hotels. But survey responses showed it might not be just finances keeping consumers from cashing out on experiences. While 65 percent said they can't afford it, 23 percent said they're just not interested in travel and 16 percent said it's too much of a hassle. The Bankrate analysis, including figures from YouGov, was conducted April 2-4 among 2,484 U.S. adults.

Philadelphia DA Larry Krasner fends off primary challenge from moderate Democrat
Philadelphia DA Larry Krasner fends off primary challenge from moderate Democrat

Yahoo

time21-05-2025

  • Politics
  • Yahoo

Philadelphia DA Larry Krasner fends off primary challenge from moderate Democrat

Philadelphia District Attorney Larry Krasner has won the Democratic nomination to set him up for a third term in office, fending off a more moderate challenger, Decision Desk HQ projects. Krasner defeated former Municipal Court Judge Pat Dugan in a race that served as a proxy battle between the progressive and moderate wings of the Democratic Party. A self-identified progressive, Krasner has been a common target for Republicans pushing back against liberal-leaning cities' handling of crime and public safety issues. Krasner has made several major changes to the district attorney's office during his time in office, which began in 2018. He ended prosecutions for possession of marijuana, reduced sentencing for certain crimes and pushed to eliminate cash bail for nonviolent offenses. Dugan agreed with Krasner on numerous points, including on cash bail, sentencing reform and broader opposition to mass incarceration. But they differed on issues like the death penalty, a policy that Krasner entirely opposes and Dugan believes should be used in rare, extreme cases. But Dugan has slammed Krasner for his handling of prosecutions while in office, arguing that he would be aggressive in pursuing firearms offenses while Krasner hasn't. 'He has not been a prosecutor for the last seven and a half years. He ignores victims, he ignores crimes, he ignores victims' families. It's not the way it's supposed to be,' Dugan told a local Philadelphia-based Fox affiliate. The former judge, who left his position to run for district attorney, has blamed Krasner for the overall rise in crime and retail theft in the city. But Krasner argued that his policies are beginning to work after a surge in crime during the COVID-19 pandemic. He's pointed to a more recent decline in homicides. Krasner's win in the primary should give him a clear path to reelection to a third term in office, as no Republican filed to run for the office in the heavily Democratic-leaning city. He's overcome adversity in the past, surviving a similar primary challenge in 2021 from a more moderate candidate who lost by more than 30 points. He also faced impeachment from a GOP-controlled state legislature in 2022 over his handling of crime and public safety in the city, but the trial in the state Senate was indefinitely delayed and the Pennsylvania Supreme Court ruled last year that the articles against him expired. Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

Democrats win New York state Senate race in Trump-friendly district
Democrats win New York state Senate race in Trump-friendly district

Yahoo

time21-05-2025

  • Politics
  • Yahoo

Democrats win New York state Senate race in Trump-friendly district

Democrat Sam Sutton has won a special election for a New York state Senate seat, repelling Republican efforts to flip the conservative-leaning district, Decision Desk HQ has projected. Sutton, a businessman who has led a nonprofit for years, defeated Republican Nachman Caller, an attorney who previously ran for state Assembly a decade ago. His win keeps the seat in Democratic hands after the resignation of former state Sen. Simcha Felder, who resigned from his position last month to take a seat on the New York City Council. The result seemed uncertain as Felder is a conservative Democrat who previously caucused with the state GOP conference for years. Felder repeatedly ran unopposed on the party line for the Democratic and Republican parties. State Senate District 22 encompasses a part of Brooklyn that overwhelmingly voted for President Trump in the November presidential election. But the district includes a heavily Orthodox Jewish area. Sutton has close ties to the Sephardic community as a co-leader of the Sephardic Community Federation. Sutton's main policy priorities include promoting 'community-based approaches' to public safety, increasing school funding and advancing clean energy initiatives. Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

Philadelphia DA Larry Krasner fends off primary challenge from moderate Democrat
Philadelphia DA Larry Krasner fends off primary challenge from moderate Democrat

The Hill

time21-05-2025

  • Politics
  • The Hill

Philadelphia DA Larry Krasner fends off primary challenge from moderate Democrat

Philadelphia District Attorney Larry Krasner has won the Democratic nomination to set him up for a third term in office, fending off a more moderate challenger, Decision Desk HQ projects. Krasner defeated former Municipal Court Judge Pat Dugan in a race that served as a proxy battle between the progressive and moderate wings of the Democratic Party. A self-identified progressive, Krasner has been a common target for Republicans pushing back against liberal-leaning cities' handling of crime and public safety issues. Krasner has made several major changes to the district attorney's office during his time in office, which began in 2018. He ended prosecutions for possession of marijuana, reduced sentencing for certain crimes and pushed to eliminate cash bail for nonviolent offenses. Dugan agreed with Krasner on numerous points, including on cash bail, sentencing reform and broader opposition to mass incarceration. But they differed on issues like the death penalty, a policy that Krasner entirely opposes and Dugan believes should be used in rare, extreme cases. But Dugan has slammed Krasner for his handling of prosecutions while in office, arguing that he would be aggressive in pursuing firearms offenses while Krasner hasn't. 'He has not been a prosecutor for the last seven and a half years. He ignores victims, he ignores crimes, he ignores victims' families. It's not the way it's supposed to be,' Dugan told a local Philadelphia-based Fox affiliate. The former judge, who left his position to run for district attorney, has blamed Krasner for the overall rise in crime and retail theft in the city. But Krasner argued that his policies are beginning to work after a surge in crime during the COVID-19 pandemic. He's pointed to a more recent decline in homicides. Krasner's win in the primary should give him a clear path to reelection to a third term in office, as no Republican filed to run for the office in the heavily Democratic-leaning city. He's overcome adversity in the past, surviving a similar primary challenge in 2021 from a more moderate candidate who lost by more than 30 points. He also faced impeachment from a GOP-controlled state legislature in 2022 over his handling of crime and public safety in the city, but the trial in the state Senate was indefinitely delayed and the Pennsylvania Supreme Court ruled last year that the articles against him expired.

Democrats win New York state Senate race in Trump-friendly district
Democrats win New York state Senate race in Trump-friendly district

The Hill

time21-05-2025

  • Politics
  • The Hill

Democrats win New York state Senate race in Trump-friendly district

Democrat Sam Sutton has won a special election for a New York state Senate seat, repelling Republican efforts to flip the conservative-leaning district, Decision Desk HQ has projected. Sutton, a businessman who has led a nonprofit for years, defeated Republican Nachman Caller, an attorney who previously ran for state Assembly a decade ago. His win keeps the seat in Democratic hands after the resignation of former state Sen. Simcha Felder, who resigned from his position last month to take a seat on the New York City Council. The result seemed uncertain as Felder is a conservative Democrat who previously caucused with the state GOP conference for years. Felder repeatedly ran unopposed on the party line for the Democratic and Republican parties. State Senate District 22 encompasses a part of Brooklyn that overwhelmingly voted for President Trump in the November presidential election. But the district includes a heavily Orthodox Jewish area. Sutton has close ties to the Sephardic community as a co-leader of the Sephardic Community Federation. Sutton's main policy priorities include promoting 'community-based approaches' to public safety, increasing school funding and advancing clean energy initiatives.

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