Novo Nordisk is lowering the cash price of its weight-loss drug Wegovy and diabetes treatment Ozempic.
Why it matters: Consumer advocates and policymakers — including the Trump administration and Democrats in Congress — have been pressing for public and private efforts to make GLP-1 treatments more affordable.
The big picture: The checks — a tariff dividend paid to most Americans that comes as the White House deals with an affordability crisis — would likely require Congress to act, Treasury Secretary Scott Bessent said Sunday.
Sinclair, the third-largest local broadcast company in the country, has taken an 8.2% stake in E.W. Scripps' Class A shares as it pushes to combine with the smaller broadcaster, according to a new regulatory filing.
Why it matters: The Trump-era Federal Communications Commission has signaled a willingness to roll back decades-old ownership cap rules that prevent large broadcasters from merging.
Investing platform Public is launching an AI-powered brokerage designed to research, build and manage portfolios, the company shares exclusively with Axios.
Why it matters: Competition among brokerages will likely intensify as firms use AI to make investing easier and stickier for users.
President Trump will dial up his affordability message for an audience of McDonald's owners, operators and suppliers Monday evening, as part of an escalating White House push to take on Americans' economic worries.
"The Biden administration started the affordability crisis, but President Trump will end it so all Americans can achieve economic prosperity," a White House official told me.
Why it matters: The cost of living was a winning message for Democrats in off-year elections earlier this month. And Republicans see new urgency on the issue as they turn to next year's midterms.
Walter Isaacson, the former media executive who has written a shelfful of magisterial biographies on Benjamin Franklin and other history-changers, will be out Tuesday with a wee, 67-page hardcover, "The Greatest Sentence Ever Written" — an optimistic exposition of the most famous sentence in the Declaration of Independence.
The sentence in question: "We hold these truths to be self-evident, that all men are created equal, that they are endowed by their Creator with certain unalienable Rights, that among these are Life, Liberty, and the pursuit of Happiness."
The battle over renewing Affordable Care Act tax credits is entering a new phase, with shifting alliances and a tight timetable complicating prospects for any bipartisan deal.
Why it matters: Without an extension of the credits by the end of the year, about 20 million Americans on the ACA marketplaces could on average see the monthly premiums they pay more than double.
All flight restrictions that the Federal Aviation Administration imposed during the record-long government shutdown will end at 6am Monday, the FAA announced.
Why it matters: Thousands of flights were canceled or delayed at 40 airports across the U.S. as the emergency order that the FAA said was in response to "reviews of safety trends and the steady decline of staffing-trigger events in air traffic control facilities" saw routes slashed.
The U.S. trade deal with China isn't finalized yet, but America has to trust that Chinese leaders will keep their word, Treasury Secretary Scott Bessent said Sunday.
Why it matters: It was only a month ago that Bessent said China couldn't be trusted. His shift in tone captures the uneasy stakes of a pact central to global trade in rare earths and American soybeans.
Grocery prices will come down, and consumers should feel a real rebound in purchasing power in the first half of 2026, the Trump administration's top economic officials said Sunday.
Why it matters: The government's own inflation data keeps ticking up, as most shoppers say they're paying more for groceries now than a year ago.
On Wall Street, in Washington, in the halls of corporate America, they don't need last names. Everyone just knows: Apple CEO Tim Cook, Disney CEO Bob Iger, Walmart CEO Doug McMillon — all stars of the business set, and all preparing to leave the stage.
Why it matters: Some of the world's best-known leaders are leaving the next generation to sort out historic technological, political and economic changes.
And at a fraught moment for the American economy, an unusual number of globally iconic brands are getting new leadership — complicating what was already certain to be an uncertain 2026.
Welcome to the world of the "forever layoff." Companies are increasingly making cuts year-round in small batches rather than big sweeping firings.
Why it matters: The smaller batches of layoffs let businesses make changes and shift strategies without attracting scrutiny — and they normalize layoffs as a typical part of work. But they still put people out of jobs and make workers super anxious.
Billy Bob Thornton's oilman in "Landman" mirrors a real-world confidence returning to the U.S. oil and gas industry.
Why it matters: The hit drama's second season — premiering Sunday night on Paramount+ — coincides with a supportive White House and rising public support for drilling after years of environmental backlash.
