Florida Gov. Ron DeSantis signed a bill Monday to rename Palm Beach International Airport after President Trump — as his family business seeks to trademark the use of his name on airports, a move legal experts called unprecedented.
Why it matters: The Trump family business has said it "will not receive any royalty, licensing fee or financial consideration whatsoever from the proposed airport renaming." But trademark lawyers say the filings could still give it control over how the Trump name is used.
KitchenAid is giving its iconic stand mixer its biggest upgrade since 1955 — a rare refresh for a countertop staple used by generations of home cooks.
Why it matters: The Whirlpool-owned brand is responding to a push for more consistent results in the kitchen, especially for home cooks seeking greater accuracy, KitchenAid told Axios.
David Sacks' influence as President Trump's chief AI architect will continue from his perch outside the White House, according to officials — but some close to the administration say it's welcome distance as voters' fears about AI grow.
Why it matters: It keeps a powerful Silicon Valley voice at the center of Trump's AI circle without the government ethics constraints that come with serving inside government.
The Labor Department on Monday proposed rules to open 401(k) plans to private equity, private credit, crypto and other alternative assets.
Why it matters: The move could unlock trillions of dollars in new investment for alternative assets — but critics warn that it could expose millions of retirement savers to higher risk and volatility.
Tech giants are pulling back from AI-generated pornography over mounting legal, safety and reputational risks, abandoning an industry that has driven technological innovation since before the internet's dawn.
Why it matters: The retreat cones even as adult entertainment continues to wield significant consumer influence, and while difficult to track, the demand for erotic AI-generated content is booming.
If Dems win the House in midterms (likely), expect them to target moguls and major corporations for subpoenas, Axios CEO Jim VandeHei writes in his new newsletter for CEOs.
The target list includes monopolies, AI and social media.
American adults are spending less time scrolling — and more time managing their money, according to a Wells Fargo survey shared first with Axios.
Why it matters: Money management is becoming more central to daily life than social media — and Americans are actively reshaping how they spend, save and get financial advice, based on a survey of nearly 4,000 people.
Business professionals and educators are most likely to own homes nationwide, according to a new analysis shared exclusively with Axios.
The big picture: The occupations with the highest homeownership rates haven't changed much in the past decade. But higher-earning STEM workers are losing ground as service and sales workers tick up, per the National Association of Realtors analysis of census data.
Top AI executives are positioning themselves in opposition to Elon Musk's approach, former Tesla president Jon McNeill tells Axios.
Why it matters: Musk's approach to AI mirrors his approach to everything else: Move fast, question every assumption, and push past guardrails others won't touch.
Forget earnings reports or other corporate announcements, the stock market really has just two main catalysts this year: AI anxiety and President Trump.
Why it matters: It's like a pinball machine where the flippers are Truth Social and Anthropic blog posts.
SpaceX is preparing to launch the largest IPO of all time — with expectations that it could raise more than all U.S. listings in 2024 and 2025.
Why it matters: Wall Street is understandably giddy. But what it's about to pitch investors is unprecedented, and could impact how (or if) OpenAI and Anthropic go public later this year.
More than two dozen wind farms across the U.S. are beingdelayed as the Trump administration sits on military reviews that wereonce considered routine.
Why it matters: The delays are dragging down a race led by tech companies — and backed by President Trump — to build power-hungry data centers to lead the global AI race.
Oil prices climbed above $116 per barrel after markets opened Sunday, as Iran-backed Houthi militants fired missiles and drones at Israel over the weekend and promised to continue attacks.
Why it matters: The high price that remained around the $116 a barrel mark late Sunday came as the war moved into its fifth week, showing little sign of abating despite President Trump's talk of diplomacy.