Julián Castro. Photo: Justin Sullivan/Getty Images

Former Housing Secretary Julián Castro announced his bid for the presidency on Saturday, the New York Times reports.

"When my grandmother got here almost a hundred years ago, I’m sure she never could have imagined that just two generations later, one of her grandsons would be serving as a member of the United States Congress and the other would be standing with you here today to say these words: I am a candidate for president of the United States of America."

Details: Castro announced an exploratory committee one month ago, and said he'd be making an announcement today. His first campaign stop will be Puerto Rico, meeting with those recovering from Hurricane Maria.

  • Castro is the former mayor of San Antonio, Texas. If elected in 2020, he'd be the third-youngest president ever elected, the Times reports.
  • He previously told the Times that it doesn't bother him to not be considered a front-runner: "In my whole life, I don’t think I’ve ever started out as the front-runner. ... So I’m not going to concern myself with who people think of as the front-runner and who they don’t."

Go deeper: Our 2020 candidate tracker.

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57 mins ago - Sports

Big Ten's conference-only move could spur a regionalized college sports season

Illustration: Aïda Amer/Axios

The Big Ten announced Thursday that it will move all fall sports to a conference-only schedule.

Why it matters: This will have a snowball effect on the rest of the country, and could force all Power 5 conferences to follow suit, resulting in a regionalized fall sports season.

The second jobs apocalypse

Illustration: Aïda Amer/Axios

This week, United Airlines warned 36,000 U.S. employees their jobs were at risk, Walgreens cut more than 4,000 jobs, Wells Fargo announced it was preparing thousands of terminations this year, and Levi's axed 700 jobs due to falling sales.

Why it matters: We have entered round two of the jobs apocalypse. Those announcements followed similar ones from the Hilton, Hyatt, Marriott and Choice hotels, which all have announced thousands of job cuts, and the bankruptcies of more major U.S. companies like 24 Hour Fitness, Brooks Brothers and Chuck E. Cheese in recent days.

Big Tech marshals a right-leaning army of allies for antitrust fight

Illustration: Eniola Odetunde/Axios

As tech's giants prepare to face off with antitrust enforcers this summer, they will draw support from an array of predominantly right-leaning defenders ranging from influential former government officials to well-connected think tanks.

The big picture: The Justice Department, the Federal Trade Commission and the states have multiple investigations of monopolistic behavior underway targeting Facebook and Google, with other giants like Amazon and Apple also facing rising scrutiny. Many observers expect a lawsuit against Google to land this summer.