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Photo illustration: Sarah Grillo/Axios. Photo: Samuel Corum/Getty Images

Catch up quick

"That sucker is open": U.S. gains the upper hand in the battle for Hormuz

  • Barak Ravid
Nvidia almighty: Chip riches flood through AI universe
Nvidia almighty: Chip riches flood through AI universe
Europe's AI Act gets real
Europe's AI Act gets real
Trump's evolving endgame for the Iran war, in 6 quotes
Trump's evolving endgame for the Iran war, in 6 quotes
Judge blocks Pentagon's Anthropic blacklist
Judge blocks Pentagon's Anthropic blacklist
    • Andrew Solender
    11 hours ago
    -
    Politics & Policy
    Scoop: Dems and GOP squeeze TV stations in ad rate war
    TV with american flag on a pile of money.

    Illustration: Aïda Amer/Axios

    National Democrats and Republicans are pressuring local TV stations to respond in opposite ways to a new federal court ruling on political ad rates, Axios has learned.

    Why it matters: How they respond will have a major impact on the fight for control of Congress by deciding which party's ad money goes further in the final stretch of the 2026 midterms.

    Go deeper (2 min. read)
    • Andrew Solender
    Updated 12 hours ago
    -
    Politics & Policy
    Scoop: Dems plan bill to counter Trump's "Lake America" order
    A man in a navy suit and red tie sits at a large wooden desk, presenting a two-panel document. Behind him are colorful flags, a gold eagle statue, and a map in a formal office setting.

    President Trump signs an executive order directing federal agencies to refer to Lake Ontario as "Lake America" on Aug. 27. Photo: Al Drago/The Washington Post/Bloomberg via Getty Images

    House Democrats are planning legislation to counteract the executive order President Trump signed Thursday redesignating Lake Ontario as "Lake America," Axios has learned.

    Why it matters: Democrats are scrambling to contain the fallout from an escalating economic conflict between the Trump administration and the Canadian government.

    Go deeper (1 min. read)
    • Josephine Walker
    Updated 13 hours ago
    -
    Politics & Policy
    Trump moves to rename Lake Ontario to "Lake America"
    U.S. President Donald Trump speaks during an event in the Rose Garden of the White House on August 24, 2026 in Washington, DC.

    President Trump speaks during an event at the White House on August 24, 2026. Photo: Win McNamee/Getty Images

    President Trump signed an executive order renaming Lake Ontario to "Lake America" on Thursday.

    Why it matters: The president is following through on his threat over the lake after U.S.-Canada trade negotiations collapsed.

    Go deeper (1 min. read)

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