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The Latest Breaking News from Axios

Wages are finally rising faster than inflation

It follows a long period in which averaging purchasing power was falling.

Axios

Saudi Arabia's sovereign wealth fund reports $11 billion loss

The LIV Golf backer had a lousy 2022.

Axios

Inflation falls to 3% in June, lowest since March 2021

Overall inflation has plunged from a peak of 9% last summer.

Axios

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Small business optimism ticks higher in June

The vibes are still pessimistic — but they seem to have stopped getting worse.

Axios

The U.S. and Mexico are more than neighbors

Mexico has surpassed China as the top U.S. trading partner.

Axios

The big-money donors backing both DeSantis and RFK Jr.

They say it's not just a push to move past former Trump and make Biden's path more difficult.

Axios

RFK Jr.'s campaign gear not union made, or made in USA

The move is out of step with the Democratic candidate's stated commitment to labor unions.

Axios

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GOP leans in on candidate diversity to keep the House

While blasting an anti-woke agenda and praising the end of affirmative action.

Axios

Too much heat, too few "chief heat officers"

Only Miami, Phoenix and Los Angeles have named heat czars.

Axios

McCarthy seeks to quell GOP rebellions as House returns from recess

McCarthy has so far defied his doubters at virtually every turn of his speakership.

Axios

The death of the beer festival is jolting the craft brewing industry

Once ubiquitous and popular, major festivals are vanishing from the calendar.

Axios

Trump shouldn't have immunity in E. Jean Carroll defamation suit, DOJ says

E. Jean Carroll is suing Trump for making allegedly defamatory remarks about her while he was president.

Axios

Bipartisan push forms in Congress to deny Ukraine cluster bombs

It's a rare break with Biden's policy on Ukraine from members of his own party.

Axios

Expansive, intense heat wave is only getting started, NWS warns

In Florida, the extreme heat is being driven in part by ocean temperatures in the 90s.

Axios

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Axios

Fewer Americans are confident in colleges and universities

36% of Americans said they trusted higher education in recent Gallup polling.

Axios

Chart: Why homeowners weren't crushed by the Fed's rate-hiking campaign

It's one reason the U.S. economy has so far proved resilient amid rapid interest rate hikes.

Axios

Sony and Honda's "Afeela" car showcases automotive's high-tech future

Axios got a look inside the Afeela prototype.

Axios

100 million joined Threads in a week. Those who stick around will shape it

Meta says it's not going to build the Twitter-like service around news, but no one really knows what will define it.

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Axios

Scientists say Canadian lake marks start of the Anthropocene

The researchers say humans pushed the planet into this phase.

Axios

Scoop: Threads will get a dose of Instagram-style branded content

There are no ads on the new social app yet, but brands will soon be able to Instagram's tools to sponsor content.

Axios

Black Friday in July: Walmart, Target, Best Buy compete against Amazon Prime Day

Food deals are also in the forecast Tuesday when Subway gives away free sandwiches and 7-Eleven free Slurpees.

Axios

Iowa fires starting gun in race to stop Trump

Iowa's first-in-the-nation GOP caucus date has officially been set for Jan. 15.

Axios

Zelensky: It's "absurd" NATO won't give timetable for Ukraine membership

It could be a contentious summit in Vilnius.

Axios

Extreme heat during Europe's hottest summer on record killed over 61,000, study estimates

Extreme heat events are becoming more likely and more severe because of climate change.

Axios

Turkish President Erdoğan agrees to back Sweden's NATO bid, Stoltenberg says

Erdoğan's veto was the primary factor preventing Sweden from becoming NATO's 32nd member.

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