The stablecoin economy has bipartisan support, with the backing of significant leaders from both parties. It seems the only question now is how tight regulation is going to be.
Why it matters: Stablecoins power trillions of dollars worth of transaction volume annually on blockchains, which has made the U.S. dollar the universal coin of the realm.
Why it matters: Approximately 15,000 store closures are expected this year, more than double the 7,325 stores that closed in 2024, according to Coresight Research.
Fox's broadcast of Super Bowl LIX on Sunday drew a whopping 127.7 million viewers, according to Nielsen figures, making it the most-viewed Super Bowl and U.S. telecast of all time.
Why it matters: The record numbers are especially impressive, given the Philadelphia Eagles' blowout performance against the Kansas City Chiefs.
Select canned tuna products from grocers including Costco, Walmart, and Trader Joe's are being recalled due to potential botulism risk, the U.S. Food and Drug Administration announced on Monday.
Why it matters: Tri-Union Seafoods issued a voluntary recall on its canned tuna sold in multiple states, the FDA said, though no illnesses have been linked to the products thus far.
NBC's longest-running prime-time series, "Dateline," will debut Spanish-language episodes on its sister network Telemundo beginning this Saturday, the network announced Tuesday.
Why it matters: "Dateline" is one of the few legacy television franchises that has successfully expanded its audience to younger generations through streaming and podcasts.
Disney is changing its diversity, equity, and inclusion (DEI) programs to focus more closely on business outcomes, according to a note sent to employees Tuesday and obtained by Axios.
As part of the shift, sources tell Axios Disney is moving and changing the content disclaimers it started releasing around certain titles in 2020.
The big picture: The changes, while less dramatic than those introduced by other Fortune 500 companies in recent weeks, speak to the pressure brands face trying to adjust to new expectations in the second Trump era.
BuzzFeed is creating its own social media platform as a joyful alternative to addictive social media feeds, CEO Jonah Peretti tells Axios.
Why it matters: If the experiment works, it will put BuzzFeed "in a totally different kind of business, where it's primarily a tech company and a new kind of social media company," Peretti says.
Federal Reserve chair Jerome Powell said he believes the Treasury Department's critical payments system is safe and that the Fed is committed to carrying out its role in the system with integrity.
Why it matters: The system disburses trillions of dollars each year on behalf of America's government, including payouts for Social Security and tax refunds.
Bain Capital disclosed that it is considering the "option of withdrawing" its hostile $4.2 billion takeover bid for Japanese tech group Fuji Soft, after KKR raised its own offer to $4.3 billion.
The big picture: It wasn't too long ago that U.S. private equity firms were steering clear of Japan, to the point of closing offices.
Yahoo on Sunday aired its first major television ad in years during the Super Bowl, a positive sign of momentum for the tech giant since it was acquired by private equity giant Apollo in 2021.
Why it matters: It's been more than two decades since Yahoo's last Super Bowl ad in 2002. The company, which turns 30 in March, has been focused on product improvements across its mail, news, sports, and finance divisions for the past four years. Now, it's ready to make its pitch to consumers.
Why it matters: It's the latest corporate rollback of diversity, equity and inclusion initiatives following conservative blowback and a series of court rulings calling certain quotas into question.
OpenAI is not for sale — and particularly not to Elon Musk, CEO Sam Altman told Axios on the sidelines of the AI Action Summit in Paris.
Why it matters: Altman's comments come one day after his increasingly heated rival Musk made a shock $97.4 billion offer for OpenAI's assets, potentially changing the narrative around the technology's future.
Labor unions are suing the Trump administration in an attempt to stop the Elon Musk-led DOGE team from accessing private information at the Education and Treasury departments and the Office of Personnel Management.
Why it matters: The American Federation of Teachers (AFT)-led lawsuit that was filed in federal court Monday alleges giving DOGE access to this data "violates federal law" and that the departments "improperly disclosed" U.S. citizens' sensitive information.
President Trump on Monday imposed blanket 25% tariffs on imports of steel and aluminum, an escalation of trade tensions with ripple effects that might be felt by American consumers.
Why it matters: The metals are critical inputs for cars, electric appliances, homebuilding materials and more. Manufacturers will face higher costs that might ultimately be passed to shoppers.
The Trump Department of Justice asked prosecutors Monday to drop federal charges against indicted New York City Mayor Eric Adams (D), a source familiar with the matter confirmed.
The big picture: Acting Deputy Attorney General Emil Bove requested the corruption case involving bribery and fraud charges against the first NYC mayor to be indicted while serving in office be dismissed without prejudice "as soon as is practicable."
