The rate of remote work in U.S. households has hit its lowest point since the pandemic started, data from the latest U.S. Census Bureau Household Pulse Survey reveals.
Why it matters: The decline in remote work amid a post-COVID environment reveals how the push by some companies to get more people into the office is starting to bear fruit.
Everyone has gotten frustrated when toilet paper doesn't tear off cleanly — but now Charmin says it's got a fix.
What's happening: The Procter & Gamble brand said it is rolling out new TP technology that dramatically improves the rip-off experience, replacing the traditional perforation line with a scalloped edge.
Casino workers walked off the job for the first time in Detroit history Tuesday to demand higher wages, job protections and health insurance benefits.
Why it matters: Unions are flexing their muscles this year. Workers outside Motor City Casino Tuesday told Axios that their fight is another example of American workers demanding what they're owed.
Tucker Carlson has raised $15 million to grow his media company, a source familiar with the deal tells Axios.
The big picture: Carlson's new venture is expected to center around video. Some of that will be shared via social platforms like X, but he'll also launch his own website and app, as Axios previously reported.
When the enemy has the higher ground, level the playing field and attack.
Driving the news: That's one part of what appears to be the defense strategy for Sam Bankman-Fried's attorneys in the cross examination of prosecution witnesses.
If Americans have the capacity to spend money, they will.
Why it matters: A summer surge in consumer spending appears to have continued into the fall, even with soaring interest rates, bumpy financial markets and higher gasoline prices.
Major tech companies are weighing their involvement in Europe's biggest tech conference after Web Summit's co-founder suggested Israel was guilty of war crimes in its response to Hamas' terrorist attacks.
A majority of young American Latinos say they feel represented in mainstream English-language U.S. media, according to a new survey shared first with Axios.
The big picture: Around one in four of members ofGen Z in the U.S. are Latino, according to the Pew Research Center, and their growing influence could transform media consumption and production.
Marc Andreessen is an iconic and iconoclastic technologist, investor and thinker.
The big picture: What he says about the future matters, such as his seminal 2011 argument that software was eating the world. It also matters when Andreessen jumps the shark, as he did yesterday near the end of his 5,221-word "Techno-Optimist Manifesto."
Conservative media voices are urging Republican members of Congress to vote for Rep. Jim Jordan for speaker of the House, helping to boost the congressman's chance of winning the gavel in a vote on Tuesday.
Why it matters: Amid the pressure campaign, a slew of Jordan skeptics has suddenly started to back the Ohio Republican, showing how much power conservative media personalities have over Republican politics.
Choice Hotels on Tuesday said that it has offered to buy larger rival Wyndham Hotels and Resorts for around $7.8 billion in cash and stock.
Why it matters: This would be a megamerger in the budget hotel space, with a combined entity encompassing around 16,800 properties under such brands as Radisson, Quality Inn, Days Inn, Ramada, and Travelodge.
Patreon, which connectscreators with paying fans, has acquired Moment, a livestream platform for events and ticketed experiences, Patreon CEO Jack Conte tells Axios.
Why it matters: The deal is part of a broader push by Patreon to provide services that strengthen creators' connections with their communities, in addition to facilitating payments between them.
The prosecution's case against Sam Bankman-Fried seemed to crystallize last week as Zac Prince, CEO of bankrupt crypto lender BlockFi, concluded his testimony.
Details: BlockFi was both a user of SBF's exchange and a lender to his hedge fund. Worse than that: It used the exchange, FTX, to hold some of the digital assets that served as collateral for loans made to the fund, Alameda Research. That collateral became trapped when FTX halted withdrawals.
A summer spending binge continued into the start of the fall, as retail sales surged ahead in September, according to new government data.
Driving the news: Retail sales rose 0.7% last month, far above the 0.2% that analysts had expected. The Census Bureau also revised its August retail sales number up to 0.8%, from 0.6%.
The U.S. reportedly reached a deal Monday with Venezuela to ease sanctions on the oil-rich South American nation's petroleum industry in exchange for holding competitive and monitored presidential elections next year, per the Washington Post.
Why it matters: If the report is borne out, it shows the continued American effort to bolster supplies in the global oil market, which remains deeply disrupted by Russia's war on Ukraine.
Sam Bankman-Fried, the former crypto billionaire currently being tried on 13 counts of fraud in a Manhattan criminal court, took great care over exactly how he lied to his lenders, per testimony last week.
Why it matters: The revelations make it very hard for Bankman-Fried to make the case that he had simply taken his eye off the ball and wasn't aware of how customers' money was being misused.
A recession in S&P 500 earnings may have ended, although just barely.
Why it matters: The surge in long-term interest rates has taken the wind out of the stock market's sails this year. A revival of earnings growth could help heal the damage.
A multifaith coalition of U.S. colleges and universities has issued a public statement supporting Israel and opposing Hamas, it tells Axios exclusively.
Why it matters: Several top schools have beencriticized for how they've communicated about last week's terrorist attacks.
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