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“It’s the economy, stupid”. It was back in 1992 when political strategist James Carville coined a phrase that feels to me to be wholly apt again right now.

It was by focusing on the state of the economy that Carville helped Bill Clinton beat George H.W. Bush 22 years ago.

For headscratchers today wondering why a man so divisive and with so much baggage as Donald Trump could be within a whisker of the White House, it may be that the answer, again, is: “It’s the economy, stupid.”

In suburban North Carolina it doesn’t take long to realise just how much people’s back pockets are pushing them to the polling booth.

Kannapolis is America’s suburbia. It’s middle class, leafy and the polls suggest it’s on a knife edge now, just as it was four years ago.

Political strategist James Carville coined the phrase, 'It's the economy, stupid' back in 1992 Pic: Reuters
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James Carville coined the phrase, ‘It’s the economy, stupid’ back in 1992 Pic: Reuters

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Back in 2020, Donald Trump won this town’s district by just nine votes. With small gains like this across the state, the former president won North Carolina by a whisker – 1.3%.

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You need to go back to Obama in 2008 for the last time the Democrats won this state, then by 14,000 votes. Before that Republicans won here every cycle since 1980.

When Biden was the Democratic Party candidate, the state looked like a lost cause for the Democrats. But replacing him with Kamala Harris flipped the polls. Suddenly it was a state in play. She cut Donald Trump’s sizable lead to neck-and-neck and it remained there.

Shifting demographics, a large African-American community, a growing urban and suburban population all give Democratic Party strategists hope that it’s within reach again. With its sizable 16 electoral college votes, a win here really helps propel either candidate to the 270 needed for victory nationally.

Is Biden’s ‘garbage’ comment another Clinton ‘deplorables’ moment? Depends where the apostrophe is

Cabarrus County is precisely the sort of place that the Republicans need to hold and the Democrats need to swing. I’ve come to the town of Kannapolis.

The train station here, linking it with the metropolis of Charlotte 30 minutes away, is doubling as the polling station and the queue to vote early is an hour long.

All who spoke to us were passionate, thoughtful and reflected the national split that runs down to within families.

But of the issues driving the decisions, one thing dominates almost always: the economy. Inflation is now down, unemployment is down. In many ways the US economy is the envy of the world. But the perception of things and nostalgia for the past runs deep.

On one street in this one town, we spoke to a range of voters in three businesses – a local entrepreneur, a waiter, a restaurant manager, a shop owner and a customer. All three businesses we visited were chosen at random and we’ve included every person we spoke to.

Rylee Mullery, babysitting between jobs

Rylee Mullery

“I would say income taxes and the open border is definitely the biggest issue for me personally. And I feel like it’s just gone downhill since then. So I hope that we can get that fixed by getting the right person in office.

“I went to the store the other day and got a full cart. Usually that costs $150 (£116). It was almost $400 (£309) for a full cart of just regular household needs from toilet paper to laundry detergent, paper towels, things like that. So I hope that that can be solved.

“I’m only 23 years old and it’s nice to know that people my age are finally waking up and seeing what’s actually good for our country.”

William Pasquale, waiter

William Pasquale

“Right now everything is just too expensive for even basic needs. For families of four it’s too expensive. They can’t afford groceries right now. Some can’t even afford gas and that’s the way people get around. All these unemployment rates are way higher than they were before and it’s just getting worse and worse.”

Deana Ross, restaurant manager

Deana Ross

“In the beginning…. nobody wanted to admit that they were liking him [Trump]… because he is a bit rough around the edges… but he knew what he was doing. And I think this time around, now that we’ve had that four year gap without him and they’ve seen what happened, the scales tipped a little.

Everybody’s like, ‘Oh, maybe he wasn’t that bad’. So I feel like everybody’s changing their mind and their opinion about what kind of a president he is, as opposed to what kind of a person he is.

“The Biden administration really dropped the ball for the country and what’s best for our country. And I feel like Donald Trump might try to improve that like he was trying before.”

Dwayne Jackson, popcorn shop owner

Dwayne Jackson

“A lot of people are basing their opinion on gimmicks. So if you’re focusing on the gimmicks and you’re not focusing on what the person’s actually saying, then you’re going to go according to the gimmicks.

“If somebody is running around here with 34 felonies, 34 plus felonies, and they’re still allowed to run for the presidency of the United States, where as if I was to go out here and commit one felony and get convicted of one felony, I could never vote again.

“I don’t like, you know, the name calling because you’re not teaching the children anything. When the kids look at this, we teach our children nothing.”

David Deal, local entrepreneur

David Deal

“The pledge by both sides to scrap tax on tips is a huge issue for us. It saves us as business owners taxes and their payroll portion. And obviously them not being taxed would be fantastic. That would give them a raise and give us a little breathing room as well. Margins are tighter as inflation is pushed, the typical consumer’s daily expenses are up, even exponentially.

“There’s always advantages to both sides. I consider myself fiscally conservative. I’m a small business owner. How business principles and laws are applied mean a lot to me and whether I’m able to put a roof over my head as a business owner.

“But on the flip side a lot of times those [conservative] politics are aligned with certain groups that are less socially liberal. I consider myself fiscally conservative, socially liberal – people should do what makes them happy. A conundrum? Certainly.”

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Sean ‘Diddy’ Combs holds head in his hands as jury reaches a partial verdict

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Sean 'Diddy' Combs holds head in his hands as jury reaches a partial verdict

Jurors in the trial of Sean “Diddy” Combs have reached a verdict on four of the five counts against him – but the hip-hop mogul will have to wait to learn his fate.

In tense scenes towards the end of the court day on Tuesday, jurors sent a note to say they had reached verdicts on two charges of sex trafficking and two charges of transportation for prostitution, but had been unable to reach a unanimous decision on the charge of racketeering conspiracy.

Combs‘s lawyers surrounded him at the defence table after the note was sent to the court, and at one point he held his head in his hands.

After discussions with prosecution and defence lawyers, Judge Arun Subramanian told jurors to continue deliberating on Wednesday rather than deliver a partial verdict.

Diddy trial – live updates

Sean 'Diddy' Combs and his attorney Marc Agnifilo. Pic: Reuters/ Jane Rosenberg
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Combs and one of his lawyers, Marc Agnifilo, earlier in the day. Pic: Reuters/Jane Rosenberg

The jury has testimony from more than 30 witnesses to consider – including Combs’s former long-term partner Casandra “Cassie” Ventura and another former girlfriend called “Jane”, who testified under a pseudonym to protect her identity.

Prosecutors allege the 55-year-old rapper used his fame and power to force Cassie and “Jane” into drug-fuelled sex sessions with male sex workers, which were referred to as “freak-offs”, “wild king nights”, or “hotel nights”.

He was also physically violent and blackmailed them with footage, jurors were told.

They also heard from “Mia”, a former employee who alleged she was sexually assaulted by the rapper on several occasions during her career. She also testified using a pseudonym.

Combs has pleaded not guilty to all charges and his defence team has argued that prosecutors are attempting to criminalise what they say was a consensual “swingers lifestyle”.

The rapper chose not to testify and his lawyers did not call any witnesses, building their arguments instead through lengthy cross-examinations of the witnesses called by the prosecution.

The charges against Diddy – and potential sentences

Count 1: Racketeering conspiracy – up to life in prison

Count 2: Sex-trafficking of Cassie Ventura – a minimum of 15 years and maximum of life in prison

Count 3: Transporting individuals including but not limited to Cassie Ventura to engage in prostitution – a maximum sentence of 10 years in prison

Count 4: Sex-trafficking of Jane* – a minimum of 15 years and maximum of life in prison

Count 5: Transporting individuals including but not limited to Jane to engage in prostitution – a maximum of 10 years in prison

What is racketeering conspiracy?

Racketeering conspiracy, which is count one on the verdict sheet, is the most complicated of the charges against Combs.

Jurors need to decide not only whether the rapper created a “racketeering enterprise”, but also if he was involved in various offences as part of this, including kidnapping, arson and bribery.

The charge falls under the US’s RICO laws (the Racketeer Influenced and Corrupt Organisations Act), which is best known for being used in relation to organised crime and drug cartel cases.

Read more:
Prosecution’s closing argument
Defence’s closing argument

After closing arguments last week, jurors began deliberation on Monday and had spent about 13 hours discussing in total by the time they sent their note.

Before reaching the verdict on the four counts, they had requested to review crucial testimony from Cassie about her account of an assault in a hotel in Los Angeles in 2016.

Captured on CCTV, the footage was played in court several times – showing Combs, wearing only a towel and socks, beating, kicking and dragging Cassie in a hallway.

His defence team admitted in their opening statement that this was domestic violence, and said the music star regretted these actions – but that they did not amount to any of the federal charges against him.

Read more:
The rise and fall of Sean ‘Diddy’ Combs
What we learned from Cassie’s testimony

As well as Cassie’s evidence on that assault, they asked to see her testimony on an incident at the Cannes Film Festival in 2013 – when she said Combs accused her of taking drugs from him and kicked her off of his yacht.

On their way back to the US, she told the court, he threatened to release explicit videos of her having sex with an escort.

Jurors also wanted to review testimony given by a male sex worker at the start of the trial.

Combs could face 15 years to life in prison if he is convicted of all charges.

Jurors will continue deliberating on the racketeering conspiracy charge on Wednesday.

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Elon Musk steps up attacks on Trump once again – as the president fights back

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Elon Musk steps up attacks on Trump once again - as the president fights back

Elon Musk has stepped up his attacks on Donald Trump’s sweeping tax and spending bill – weeks after a spectacular fallout between the world’s richest man and the US president.

Following weeks of relative silence after clashing with Mr Trump over his “big beautiful bill”, the billionaire vowed to unseat politicians who support it.

In a post on X, Musk said those who had campaigned on cutting spending but then backed the bill “should hang their heads in shame”.

He added: “And they will lose their primary next year if it is the last thing I do on this Earth.”

Musk also threatened to put their faces on a poster which said “liar” and “voted to increase America’s debt” by $5trn (£3.6trn).

The posts attracted a swift reply from Mr Trump, who claimed the billionaire “may get more subsidy than any human being in history” for his electric car business.

“Without subsidies, Elon would probably have to close up shop and head back home to South Africa,” he wrote on Truth Social.

“No more Rocket launches, Satellites, or Electric Car Production, and our Country would save a FORTUNE. Perhaps we should have DOGE take a good, hard, look at this? BIG MONEY TO BE SAVED!!!”

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Elon’s dad on the Musk-Trump bust-up

Musk spent at least $250m (£182m) supporting Mr Trump in his presidential campaign and then led the newly formed Department of Government Efficiency (DOGE), which sacked about 120,000 federal employees.

He has argued the legislation would greatly increase the US national debt and wipe out the savings he claimed he achieved through DOGE.

As the Senate discussed the package, Musk called it “utterly insane and destructive”.

The Tesla and SpaceX CEO said the bill’s massive spending indicated “we live in a one-party country – the PORKY PIG PARTY!!”

“Time for a new political party that actually cares about the people,” he wrote.

Read more from Sky News:
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Royal train to be scrapped with family to rely on helicopters

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Musk previously said some of his social media posts during his dramatic fallout with Mr Trump “went too far”.

He had shared a series of posts on X, including one that described Mr Trump’s tax and spending bill as a “disgusting abomination”.

He also claimed, in a since-deleted post, that the president appeared in files relating to the disgraced paedophile financier Jeffrey Epstein.

But Musk later wrote: “I regret some of my posts about President @realDonaldTrump last week. They went too far.”

In response, the president told the New York Post: “I thought it was very nice that he did that.”

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What’s in Trump’s ‘Big Beautiful Bill’?

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What's in Trump's 'Big Beautiful Bill'?

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Martha Kelner and Mark Stone break down what’s in Donald Trump’s huge tax and spending bill. He’s trying to sign it into law by the end of the week.

They also discuss the State Department’s decision to revoke US visas for British band Bob Vylan after their Glastonbury performance.

If you’ve got a question you’d like the Trump100 team to answer, you can email it to trump100@sky.uk.

You can also watch all episodes on our YouTube channel.

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