Texas Gov. Greg Abbott (R) announced Friday that he will rescind his order to inspect all trucks at the southern border after reaching an agreement with all four neighboring Mexican states.
Why it matters: The additional inspections, which Abbott implemented in response to what he called the Biden administration's inability to stem illegal immigration, caused fierce backlash and led to extremely long wait times and the shutdown of at least one border crossing.
There's a vibe shift afoot on the blockchains. "Buy crypto" is edging out "buy bitcoin" in Google searches.
Why it matters: Bitcoin has always dominated the crypto market, but if the public is becoming more conscious that there are other options out there, it could threaten Bitcoin's hegemony.
Uniswap Labs, a maker of cryptoinfrastructure apps, has released a tool to help web3 platforms simplify the buying experience for their users.
Why it matters: One of the reasons so many people remain on the sidelines in crypto is the complexity. New tools to help reduce friction in the user experience will simplify the process, making it more like the web2 experience they are familiar with.
Why it matters: The "poison pill," as it's called in corporate terms, gives Twitter's existing shareholders time to purchase additional shares at a discount, thus diluting Musk's ownership stake.
Elon Musk opened up on Thursday about his experience growing up with Asperger's syndrome,or autism spectrum disorder.
Why it matters: Most adults with "invisible disabilities" such as Asperger’sconceal them professionally to avoid stigmas and potential discrimination, research has found.
President Biden is putting Asian economies at the center of a new economic accord, at a time when globalization has become anathema, and geopolitical tensions are reshaping the world order.
Why it matters: Regional heavyweights like India, Australia, Japan, and South Korea are linchpins in the Indo-Pacific Economic Framework (IPEF), which (at least for now) has pointedly excluded China.
Although Peeps received mixed reviews amongst the Axios Visuals team — and there are strong preferences as to whether they’re better fresh, aged or microwaved — there’s no denying the marshmallow treats bring us all joy.
The big picture: Some of that joy was fueled by learning that it would take 127 quadrillion Peeps to fill the Grand Canyon, which raises the question, what if we measured the world in Peeps?
Stunning stat: 92% of executives at medium to large firms think workers who turn cameras off during meetings don't have long-term futures at the company, according to a new survey from Vyopta, a software company.
Why it matters: The data adds grist to the worry that hybrid and remote employees have expressed about the post-pandemic world — that those who choose to work from home some, most or all of the time will be out-of-sight, out-of-mind for bosses.
The Department of Education will soon take new actions to tackle student debt and address longstanding issues with paying off federal student loans, Axios has learned.
Why it matters: The move comes as the Biden administration struggles with growing calls to cancel student debt. The moratorium on federal student loan payments has been extended through August, but lawmakers like Sens. Chuck Schumer (D-N.Y.) and Elizabeth Warren (D-Mass.) are pushing the White House to cancel $50,000 in debt per borrower.
President Biden will nominate Michael Barr to become the nation's most powerful bank regulator, hoping to install a former Obama administration official and leading architect of the Dodd-Frank law as vice chair of the Federal Reserve.
Why it matters: Fifteen months into his presidency, Biden has had limited success in getting key financial regulatory jobs filled — a track record he aims to change with the Barr nomination.
In 2006, I was ready to back out of creating Politico, after Washington Post legends Ben Bradlee, Bob Woodward and Don Graham lobbied us to stay and help build things at the Post, Jim writes.
Everything changed when my wife, Autumn, saw me and John Harris, my eventual co-founder and then-Post boss, buckling.
She hopped on her computer, banged out a letter quoting Winston Churchill and Teddy Roosevelt, and told us to stop being wimps — and to suck it up.
Why it matters: Autumn knew me well enough to know I need a swift kick to do the risky but right thing.
We all need an Autumn: a family member, friend or mentor whom we trust to give us wise — and often tough — advice.
She knew the risks. We had two young kids and I was giving up a $140,000 salary and a prime perch as political writer at the Post for a startup most thought would fail.
I hadn’t managed anything in my life, other than the night shift at Little Caesars Pizza in my late teens. But she often knows me better than I do. She made me start Politico — and even came up with the name.
A few tricks for finding — and taking full advantage of — your Autumn:
Absolute trust. Your coach needs to be someone you trust unequivocally. You trust their motivation, their morals, their instincts and their track record.
Expose yourself. This only works if the person knows your worst flaws and deepest doubts. Most of your bad instincts and patterns flow from insecurity and fear, so stop trying to hide them. To anyone who really knows you, they are plain to see.
Listen. It is so easy to talk yourself out of taking risks, or to talk yourself into justifying the wrong thing for the wrong reason. We all need a gut check.
Hard truths are, well, true. Early in Politico, my instinct, born of my own insecurities, was to punch back hard against every critic.
Mike Allen once pulled me aside, cautioning: "We'll be in this town a long time. Make sure when you look back a few years from now, you'll be glad you did what you think you want to do."
It was his polite way of saying: Put a sock in it, hothead.
The big picture: We all have coaches like this in our lives. Be more explicit in asking them for unvarnished feedback about being a better friend, teammate, sibling, child or colleague. Then, take the advice.
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