Economic gloom deepens as cost pressures bite and Trump faces backlash

A CNBC All-America Economic Survey finds 61% of Americans are pessimistic about the current economy and outlook, with only 25% optimistic. Price pressures are prompting large shares to cut back on essentials and nonessentials, signaling a sour mood heading into the midterms. President Trump remains deeply underwater in approval, while Democrats hold a slim 4-point edge for Congress. The results highlight partisan divides on issues like food costs, housing, immigration, and the Iran conflict, underscoring a polarized electorate with little cross‑party movement.