Congress passes landmark bipartisan housing bill

National

Stocks make the rich richer. Everyone else, not so much

A line chart that shows quarterly equity holdings for the bottom 80% and top 20% by income from Q1 2024 to Q2 2026. The bottom 80% rises from $5.83 trillion to $8.18 trillion. The top 20% increases from $38.2 trillion to $55 trillion, with both dipping in Q1 2025 and Q1 2026.

Stock held by income group in U.S.

Data: RSM, Fed DFA by income percentile; Note: Includes stocks and mutual fund shares; Chart: Emily Peck/Axios

Why homeownership costs are so high

Monthly cost of ownership of a median-priced home

Data: Harvard Joint Center for Housing Studies tabulations of Freddie Mac, Primary Mortgage Market Surveys, National Association of Realtors, Existing Home Sales, Moody's Analytics estimates; Note: Assumes 30-year fixed-rate loan, 3.5% down payment, 0.55% mortgage insurance, 0.35% property insurance, and 1.15% property tax rates; Chart: Emily Peck/Axios

How markets reacted to the new Fed chairman's policy committee debut

A line chart that tracks the U.S. two-year Treasury yield per minute from 3 a.m. to 5 p.m. ET on June 17, 2026. The yield rose from a low of 4.0432% at 3 a.m. to 4.19% by 5:05 p.m., within a daily range of 4.0432% to 4.2181%.

U.S. 2-year Treasury yield

Axios Markets

Anthropic export ban sounds alarms for AI industry

🤑 Borrow binge begins

🏡 American dream deferred 

🥋 Musk's market jiu-jitsu 

⚠️ AI export worry  

🤑 AI cash grab

topics

politics-policy

epstein-files

donald-trump

2026-midterm-elections

immigration

behind-the-curtain

race-and-equity

technology

privacy-tech-regulation

automation-and-ai

tiktok-news

big-tech

social-media

cybersecurity

economy

social-security

inflation

tariffs

federal-reserve

transportation

business

c-suite

retail-news

media

elon-musk

dealmaking

health

rfk-jr

drug-prices

axios-explains-abortion

public-health

world

israel

axios-explains-ukraine

iran

russia

china

energy-climate

nuclear-energy

climate-energy-policy

climate-change

extreme-weather

alternative-energy

electric-vehicles

science

emerging-tech

biomedicine

newsletters

charlotte

salt-lake-city

denver

fort-lauderdale

boulder

kansas-city

austin

chicago

dallas

detroit

washington-dc

atlanta

indianapolis

nashville

nw-arkansas

columbus

hollywood

richmond

san-francisco

boston

des-moines

houston

phoenix

miami

philadelphia

seattle

new-orleans

colorado-springs

huntsville

raleigh

san-antonio

twin-cities

pittsburgh

san-diego

tampa-bay

portland

cleveland

arapahoe

douglas

axios-local

axios-pro

axios-live

the-axios-show

Axios

Emily Peck

Stories