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President Trump in the East Room of the White House on May 22. Photo: Aaron Schwartz / AFP via Getty Images

5 big things

1.House rebukes Trump over war in Iran

  • Kate Santaliz
Israel and Lebanon agree on a full ceasefire, conditioned on steps by Hezbollah
2.Israel and Lebanon agree on a full ceasefire, conditioned on steps by Hezbollah
Primaries leave muddled picture of Dems' way ahead
3.Primaries leave muddled picture of Dems' way ahead
Exclusive: IBM CEO backs Trump's narrowed AI executive order
4.Exclusive: IBM CEO backs Trump's narrowed AI executive order
SpaceX plans to raise $75B in its IPO
5.SpaceX plans to raise $75B in its IPO
    • Avery Lotz
    6 hours ago
    -
    Politics & Policy
    Trump allies renew Greenland, Canada takeover talk
    Secretary of State Marco Rubio — wearing a navy jacket, a white collared shirt, a blue tie and an American flag pin — points as he testifies to a House committee.

    Secretary of State Marco Rubio testifies during a House Committee on Foreign Affairs hearing on June 3 in Washington, D.C. Photo: Anna Moneymaker/Getty Images

    Greenland remains part of Denmark "for now," Secretary of State Marco Rubio said during a Wednesday House hearing — a nod to President Trump's repeated threats to take over the allied island.

    The big picture: Rubio's comment comes after Trump renewed his favored jab at Canada as the "51st State." Those musings reflect the Trump administration's broader assertion of global power that's antagonized friends and foes alike.

    Go deeper (1 min. read)
    • Josephine Walker
    Updated 8 hours ago
    -
    Politics & Policy
    MAGA isn't sold on Trump's face on the $250 bill
    US Secretary of Treasury Scott Bessent shows a proposed $250 bill featuring President Donald Trump during a press briefing in the Brady Briefing Room of the White House in Washington, DC, on May 28, 2026.

    Treasury Secretary Scott Bessent shows a proposed $250 bill featuring President Trump on May 28. Photo: Kent Nishimura / AFP via Getty Images.

    Over a quarter of President Trump's MAGA loyalists don't want the Treasury to print $250 bills with his face on them, according to a new YouGov poll.

    Why it matters: Trump enjoys 91% approval overall among his most loyal base, but less than half of self-identified MAGA Republicans want to see Trump's face on cash.

    Go deeper (1 min. read)
    • Courtenay Brown
    8 hours ago
    -
    Economy
    New forecasts lay out 2 rocky paths for global economy
    Illustration of a caution sign-shaped continent on a globe.

    Illustration: Lindsey Bailey/Axios

    The Iran war has divided the global outlook into two tracks:

    • A modest slowdown if the conflict ends soon or a severe hit, with some economies near recession, if it drags on and the disruption deepens.

    Why it matters: Either path leaves the global economy worse off than before the war, with slower growth and hotter inflation. The scenarios determine the scale of the damage.

    Go deeper (2 min. read)

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