Iran-backed militias sending money back to cash-starved IRGC, U.S. saysIran-backed militias in the region have been sending money back to the Islamic Revolutionary Guard Corps to relieve the economic pressure it's under after nine months of war , U.S. CENTCOM Commander Adm. Brad Cooper said Friday. Why it matters: While the U.S. military has been preparing for a possible resumption of major combat operations against Iran,…Axios21h agoWhole story →SecurityEconomyiran sanctions impact
Warsh signals steady Fed outlook despite inflation jumpFederal Reserve chairman Kevin Warsh said Friday that the economy has largely performed as expected since September's rate hike, hinting that little has changed in the central bank's outlook. Why it matters: The Fed is weighing another interest rate increase later this month as inflation heats up and the economy remains strong. What they're saying: "Over…Axios1d agoWhole story →Economy
Democrats post "mind-blowing" numbers ahead of 2026 midtermsData: FEC, Axios research. Chart: Noah Bressner/Axios If money is momentum, Democratic Senate candidates are poised for a monumental Election Day. "Oh my god, holy crap," said Sen. Bernie Moreno (R-Ohio) when informed of Texas Democratic Senate nominee James Talarico's $64 million haul in the third quarter of the year. "I mean, that's a number that's…Axios1d agoWhole story →EducationGovernment
Geothermal finds rare political sweet spot amid AI boomGeothermal — power drawn from the Earth's natural heat — is pulling off something remarkable in today's hyperpolarized America: Winning fans across the political spectrum. Why it matters: The bipartisan appeal, combined with surging electricity demand from AI , is helping fuel investment in a niche energy source yet to prove it can compete at scale.…Axios1d agoWhole story →TechnologyPlanet
