The U.S. struck deals with Canada and Mexico on Monday to delay potentially devastating tariffs for a month.
Why it matters: The tariffs, had they gone into effect, could have had massive impacts on the economies of all three nations, potentially triggering inflation, recessions and a spiraling trade war.
The list of food recalls has been growing over the last few months.
Why it matters: The Centers for Disease Control and Prevention estimates nearly 48 million people a year are sickened by foodborne diseases, an average of 91 people every minute. `
Paramount, one of the largest TV networks in the U.S., announced on Monday a multiyear measurement agreement with Nielsen, ending a contentious four-month standoff between the two firms.
Why it matters: The deal, effective immediately, allows CBS to leverage Nielsen's ratings data from the 67th Grammy Awards, which aired Sunday night on CBS.
The big picture: Beyoncé announced her highly anticipated tour stops after "Cowboy Carter" won album of the year and best country album at the 2025 Grammys.
Tariff anxiety has hit the cryptocurrency markets hard, shaving about $10 billion off President Trump's paper wealth over the last week.
Why it matters: The launch of the Official Trump meme coin printed many billions of dollars of unrealized wealth for the president's company earlier this month, but it hasn't lasted.
Private equity firms Warburg Pincus and Berkshire Partners agreed to pay $3 billion to acquire Triumph Group), a Pennsylvania maker of aftermarket parts for aerospace and defense systems.
Why it matters: This suggests that private equity isn't worried about DOGE turning its attention to Pentagon spending, including the F-35 project of which Triumph has a piece, plus continued optimism around commercial aerospace spending.
Ad tech startup tvScientific has raised a $25.5 million Series B in its effort to make buying and measuring TV advertising easier, CEO Jason Fairchild exclusively tells Axios.
Why it matters: Investors are betting on billions of dollars moving to TV and away from ads on platforms like Meta and Google.
Oil and gas futures opened higheras theoretical tensions in President Trump's energy policy just got very real, very fast.
Why it matters: New tariffs on Canada and Mexico could raise gasoline and home heating costs in places — even though 10% Canadian energy tariffs are lower than the 25% applied to other goods.
Economists almost universally agree that the tariffs imposed by President Trump will cost the average American household hundreds, if not thousands, of dollars every year in higher goods costs.
Why it matters: It's not yet clear those households can, or will, pay it.
Celebrity A-listers took not-so-subtle jabs at President Trump's controversial policies during the 67th annual Grammy Awards Sunday night.
Why it matters: The Grammys marked the first award show to air since Trump's inauguration last month, and the first since deadly wildfiresupended life in the Los Angeles area.
Fox News chief political anchor Bret Baier will sit down with President Trump for a pre-taped interview at Mar-a-Lago that will air during the network's Super Bowl LIX pregame show, Fox News confirmed to Axios.
Why it matters: The four biggest U.S. broadcasters — Fox, NBC, CBS and ABC — air the Super Bowl on a rotating schedule. Trump's first Super Bowl back in office coinciding with Fox's broadcast this year is fortuitous, given the president's friendly relationship with the network.
"I don't think there are a lot of Americans who wake up in the morning saying, 'Oh, damn Canada. Oh, we should really go after Canada,'" Prime Minister Justin Trudeau remarked Saturday, encapsulating the shell shock many north of the border are now feeling.
Why it matters: The U.S. is indeed going after Canada. The 25% tariffs President Trump announced on Canada and Mexico — which will likely plunge our northern neighbor into recession — have united Canadians of all political stripes in indignation.
The big picture: Musk's comments early Monday followed reports that two senior USAID security officials were placed on administrative leave after denying representatives from the Department of Government Efficiency (DOGE), which the billionaire spearheads, access to internal systems during a visit to the agency's D.C. headquarters.
A novel new report combining several strands of research finds that human-driven climate change could result in $1.47 trillion in net property value losses from rising insurance costs and shifting consumer demand.
Why it matters: Insurance costs are increasing faster than mortgage payments. That's squeezing homeowners and leading to climate change-driven migration away from high-risk areas in the Sun Belt and the West.
