Axios

Markets are the world's greatest mechanism for turning enormous amounts of information into a single agreed-upon valuation. Price discovery, as it's known, is one of the most important things that any market does. But it doesn't always work efficiently.

Freshman Rep. Alexandria Ocasio-Cortez (D-N.Y.) was mentioned 3,181 times on Fox News and Fox Business during the 6 weeks from Feb. 25 to April 7 — 75 times a day — according to the liberal Media Matters for America.

The big picture: "Not a day went by when she wasn’t spoken about on Fox," AP notes. Among the names that Fox hosts called Ocasio-Cortez include "little girl," "Comrade Cortez," an "idiotic wind bag," "the Steve Bannon of the left" and more. Fox Business host Stuart Varney even acknowledged: "We have an AOC segment every single day almost every single hour” because "she is good for our ratings."

Secretary of the Treasury Steven Mnuchin says the U.S. government is willing to accept penalties if they don't fulfill their commitments to the U.S.-China trade deal, reports Bloomberg.

Details: At an International Monetary Fund meeting in Washington, D.C., Mnuchin said both countries have commitments they are working to honor, and both should face consequences if they don't uphold their respective ends of the bargain, per Bloomberg. The U.S. and China are currently in talks about the possibility of holding more in-person meetings and Mnuchin has said progress is being made to put an end to the 9-month trade and tariff war.

Go deeper: A real U.S.-China trade deal is a long way away

AI and robots are capable of both decimating and improving human work. By and large, they're doing the former. That’s in part because AI researchers are mostly creating systems that leapfrog human abilities, rather than do what humans cannot.

The big picture: By changing incentives that currently encourage the development of technologies that compete with people, experts hope to redirect the future of work away from widespread automation-fueled job loss.