How states are tackling midterm pump painStates are taking on the stubbornly high fuel prices squeezing Americans ahead of the midterm elections , pushing through tax holidays and other tactics to offer relief while federal efforts have stalled. Why it matters: With November 3 less than 30 days away, the political stakes of those price-lowering levers — even if the relief is only modest — are…Axios17h agoWhole story →EconomyPlanetmidterm elections
GOP senator warns Anthropic of "alarmist" approach to AISen. Bernie Moreno (R-Ohio) is urging Anthropic CEO Dario Amodei against an "alarmist approach" and "panic-inducing commentary" on AI, according to a letter sent Monday and obtained by Axios. Why it matters: It's the latest example of President Trump's allies targeting Amodei. Moreno's letter comes ahead of Anthropic's expected historic IPO , with…Axios19h agoWhole story →Technologyai regulation debate
House GOP whip: Limit spending to districts with "biggest return"House Majority Whip Tom Emmer (R-Minn.) is scaling back expectations and zeroing in on a narrowed battlefield as Republicans' prospects of keeping their majority look increasingly bleak. Why it matters: Emmer, a former National Republican Congressional Committee chair who helped the GOP unexpectedly gain seats in 2020, argues his party can still defy…Axios19h agoWhole story →EconomyGovernmentmidterm election strategy
Eurodrama in currency markets raises U.S. dollar's standingData: FactSet; Chart: Courtenay Brown/Axios The euro fell to a 17-month low against the dollar on Monday as political and fiscal worries rattled European markets. Why it matters: Rising borrowing costs and political instability are reviving concerns about strains within the eurozone — and whether the European Central Bank may eventually have to step in.…Axios20h agoWhole story →Economy
Trump's economic tightrope messaging of strong economy, high pricesPresident Trump's economic officials acknowledge that a strong economy alone will not persuade Americans that they are better off under this president. Why it matters: The administration is trying to avoid what it sees as a Biden-era mistake: touting strong economic data while Americans are still reeling from a historic run-up in prices to which Trump's…Axios21h agoWhole story →Economymidterm elections
A Trump-sized shadow looms over the Supreme Court's new termThe Supreme Court 's next chapter begins Monday, with the justices set to decide key questions involving President Trump's immigration agenda, climate -change litigation and gun control in their new term. The big picture: But one of the most closely watched fights may be on Truth Social, rather than the docket, as an increasingly agitated Trump chastises…Axios1d agoWhole story →JusticePlanet
Yemeni and Saudi forces launch counteroffensive against the HouthisYemeni government forces backed by Saudi Arabia launched a counteroffensive against the Houthis on Sunday in an effort to win back territory from the rebel group, the head of Yemen's presidential council said in a speech. "We have exhausted all opportunities for deescalation with the Houthi militias," Rashad al-Alimi said . Why it matters: One of the key…Axios2d agoWhole story →SecurityEconomy
Scoop: A powerful new model from startup Reflection is set to shake up the AI raceA closely watched Nvidia-backed startup called Reflection is preparing to shake up the AI race with a powerful open-weight system that could threaten Chinese upstarts and U.S. AI giants alike. Why it matters: The marriage of an American open-weight model and Nvidia GPUs would give individuals and companies a new, cheaper alternative to Anthropic, OpenAI…Axios2d agoWhole story →EconomyTechnology
Big Bend border wall construction blocked by judgeA federal judge blocked the Trump administration from pursuing border wall construction in the Big Bend region in Texas on Friday. The big picture: The construction inside the national park sparked local outrage and environmental concerns, with Friday's decision handing the Department of Homeland Security a loss in its quest to rapidly expand the…Axios4d agoWhole story →BuildJustice
