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Fed will keep raising rates until inflation cools down, minutes show

Fed chair Jerome Powell stands at a podium
Fed chair Jerome Powell speaks during a news conference last month. Photo: Mandel Ngan/AFP via Getty Images

Fed's rate hikes hammer housing affordability

Illustration of nails and a wooden plank, with some nails hammered fully in and other nails laying down unused
Illustration: Annelise Capossela/Axios

The world's economic engine is sputtering

Illustration of a car's tailpipe replaced with rolled up 100 Yuan banknotes, sputtering exhaust
Illustration: Annelise Capossela/Axios

Philanthropy's post-neoliberal vision for democracy

Illustration of Supreme Court columns, with one replaced with a stack of quarters.
Illustration: Maura Losch/Axios

The shift from charity to philanthropy

Illustration of a hand with scissors cutting a ribbon in the shape of a dollar sign
Illustration: Sarah Grillo/Axios

Effective altruism: From grassroots to Big Philanthropy

Illustration of a person in a suit holding an umbrella made of money
Illustration: Sarah Grillo/Axios

Taking from Afghanistan's poor

Photo illustration of a man holding Afghani banknotes below a photo os a Manhattan skyline
Photo illustration: Sarah Grillo/Axios. Photos: Gary Hershorn, Javed Tanveer/AFP via Getty Images

Unprofitable unicorns' public pain

Illustration of a unicorn with a bandaid.
Illustration: Shoshana Gordon/Axios

AMTD Digital isn't a meme stock