The Trump administration is using the podium to assail journalists for their reporting about a leaked intelligence report that provided an initial assessment of the U.S. strike on Iranian facilities.
The big picture: From the White House to the Pentagon to the Netherlands, the administration's messaging campaign on the Iranian operation has carried with it an all-out offensive against the media, singling out reporters by name online and in briefings.
Anna Wintour is seeking a head of editorial content for Vogue in the U.S., signaling a step back from day-to-day managing of the fashion magazine.
Why it matters: The decision to hand over editorial leadership of the U.S. edition, which Wintour has led since 1988, marks a new chapter for Vogue at a challenging time for the media industry.
The crypto industry has a complex political game before it right now, and is largely split on the best strategy to enact the agenda it spent more than $100 million to move in the last election.
The big picture: There are three big moving parts on the table, a stablecoin bill that has passed the Senate; an earlier stage bill to create a broader industry regulatory structure; and the SEC's plan to act whether or not any new laws are passed at all.
If you want to understand dealmaking in 2025, look at the conventional wisdom and then reverse it.
The year began with great optimism, but the first quarter was quiet.
The second quarter began with "Liberation Day," which was supposed to scare off any remaining animal spirits. Instead, it was followed by a megamerger surge, according to preliminary data released Thursday by LSEG.
Global upheavals — from supply chain woes to wars — may increasingly spur countries to replace some fossil-fuel imports with homegrown electrons, a new report finds.
Why it matters: "2024 may well become seen as a beginning of a paradigm shift," the latest Statistical Review of World Energy finds.
Shell's firm denial that it's eyeingacquisition ofBP may tamp down chatter of a blockbuster deal for now — but it won't end speculation about BP's fate as long as it underperforms its Big Oil rivals.
Catch up quick: Hours after the WSJ's buzzy scoop Wednesday about "early stage" talks, a Shell spokesperson said, "This is further market speculation. No talks are taking place."
Satellite navigation startup Xona Space Systems secured $92 million in new funding, the company told Axios on the heels of its successful Pulsar-0 launch.
Why it matters: The modern world would crumble without solid location-and-timing data. Militaries need it. Financial markets need it. A trip to the grocery store needs it.
Help is…not wanted at the nation's largest federal contractors. Job postings by these employers plummeted this year, per new data from Indeed out this morning.
Why it matters: Elon Musk may be gone from the White House, but DOGE-driven spending cuts are now flowing through the private sector.
JPMorgan Chase shares hit an all-time high Wednesday, leading a financial sector that looks primed for a tech-like rally.
Why it matters: Strategists say a breakout in the financial sector, combined with records across other market segments, would confirm the bull market is back and tariff concerns are dead.
From JPMorgan to HSBC, big banks are rushing to strike a more optimistic tone in their midyear outlooks, with the stock market more than recovered from its April lows.
Why it matters: Strategists are looking past the geopolitical risks and focusing on what really drives stocks: earnings growth.
