Why it matters: Big-box retailers — including Home Depot, Lowe's, Walmart and Costco — are moving early on Halloween as tariffs threaten to raise prices and fuel even more urgency among consumers.
EPA Administrator Lee Zeldin said Tuesday he's issuing draft plans to overturn the agency's 2009 scientific finding that greenhouse gases threaten human health and welfare — a move guaranteed to spark litigation.
Why it matters: It'sPresident Trump's most direct effort to rip out climate regulations root and branch — and make it harder for a successor to impose new ones.
A consequence of President Trump's new trade deals with Japan and the European Union is that they could entice foreign automakers to import even more cars to the U.S., rather than grow their American operations.
Why it matters: Trump's effort to reshape global commerce assumes that punishing tariffs on imports will force foreign manufacturers to set up factories in America, strengthening the U.S. economy.
India will probably face a 20% to 25% tariff, though a deal isn't finalized, President Trump told reporters aboard Air Force One on Tuesday.
Why it matters: India was one of the first deals the administration said it was close to landing, but it's still pending months later — a prime example of the complexities of global trade.
Skydance this week is expected to complete its $8 billion acquisition of Paramount Global, following a 20-month process that was cinched via political appeasement.
Wesley LePatner, a Blackstone executive who served as CEO of the firm's real estate income trust, was among four people killed Monday when a gunman opened fire in a Midtown Manhattan office building that houses Blackstone's global headquarters.
She had been with Blackstone for 11 years, after more than a decade at Goldman Sachs.
UnitedHealth Group's stock continued its year-long descent Tuesday after the insurer warned that escalating medical costs will continue to drag down its earnings.
Spotify's user growth blew past investor expectations in its second-quarter earnings report out Tuesday, a sign of just how much a pivotal court ruling against Apple in the U.S. boosted Spotify's business.
Why it matters: Spotify has spearheaded pushing global regulators to take a closer look at how Apple's policies impact competition.
"Obviously we would love to see what happened in the U.S. be expanded to Europe and other markets as well," CEO Daniel Ek told Axios in an interview Tuesday.
A gunman opened fire in a prominent Manhattan office building on Monday evening, killing four people and seriously injuring a fifth before dying from a self-inflicted gunshot wound, New York City officials said.
The big picture: An NYPD police officer was among those killed in the shooting at the building, which houses the NFL and top financial firms, including KPMG and Blackstone, Mayor Eric Adams said at a Monday night briefing.
As Wall Street looks past the August 1 trade deadline, Morgan Stanley warns that investors should "resist" the temptation to "move on from tariff deadlines."
Why it matters: The call is a rare warning from Wall Street analysts, who are otherwise largely sanguine about the broader effect of tariffs on the economy and financial markets.
What they're saying: "Clients we talk to are certainly jaded when it comes to the tariff topic, and we sympathize," the analysts noted.
"The evolution of tariffs can still create pressure and opportunity."
Between the lines: Morgan Stanley notes three reasons behind the call.
Parents heading into the back-to-school season are facing rising prices and looming tariffs — forcing them to shop smarter and earlier.
Catch up quick: New U.S. tariffs on Chinese imports — including backpacks, pens, binders and shoes — kicked in earlier this year and remain historically high.
This earnings season, it's not enough to beat Wall Street estimates on profits or revenue. If you're not bullish on your future earnings, investors will punish you.
Why it matters: In a moment of marked policy uncertainty, companies are struggling to meet investors' lofty expectations on their forward guidance, which could put pressure on the broader market.
It's a pivotal week for financial markets, with $11.3 trillion worth of tech companies reporting earnings, a slew of economic data including the jobs report, a Federal Reserve meeting and a tariff deadline.
Investor positioning suggests earnings will take center stage, as trade deals aren't moving markets and an interest rate pause is priced in.
Why it matters: This signals what could drive markets for the rest of the year: corporate earnings and interest rate guidance rather than trade deals.
Public TV and radio stations may find themselves with big holes in their budgets after Congress rescinded $1.1 billion in Corporation for Public Broadcasting (CPB) funding, based on publicly available financial data collected by a former NPR staffer and shared with Axios.
Why it matters: Public media outlets serve essential community newsgathering and emergency roles, but the Trump administration and others on the right have long accused them of left-leaning bias.
Airport security programs like TSA PreCheck and CLEAR allow travelers to breeze through screening. As TSA eases security protocols, travel experts say paying for that privilege is still a good investment.
Why it matters: Two decades after post-9/11 crackdowns made fast-track security a no-brainer for many Americans, especially frequent fliers, the appeal of skipping long lines hasn't faded.
Salesforce CEO Marc Benioff, like many tech executives, is pushing the idea that humans and AI bots will soon work side by side, despite current turbulence.
Why it matters: Tech leaders are hedging their bets on AI: promising an eventual utopia in which everyone is productive and fulfilled, while at the same time reducing hiring, cutting jobs and voicing a range of near-term concerns.
Team sports have become one of the fastest-growing types of exercise, with 20% of U.S. adults — up from 11% in 2020 — now saying they play them, according to a CivicScience survey shared with Axios.
Why it matters: Rec leagues help you stay active and socially connected.
