Axios

Infants may soon be the newest stock market investors if President Trump gets his way.

Why it matters: The president Monday gathered a roomful of high-profile CEOs to tout his proposal to place $1,000 into an investment account for every U.S. baby.

Negotiations usually boil down to leverage — specifically, who has more of it. In the U.S.-China talks underway Monday in London, the question of who has the upper hand boils down to macro- versus micro-economics.

The big picture: A slew of data out of China shows the massive cost that U.S. tariffs impose on the Chinese economy, reflecting both underlying economic weakness and what the nation stands to lose if no trade peace is reached.

Andy Rachleff is funding startups again, more than two decades after stepping down as a founding partner of legendary venture capital firm Benchmark.

Why it matters: His new mission is curing cancers instead of generating profits for limited partners.

Consumer inflation expectations fell in May for the first time in 2025, according to a survey by the New York Federal Reserve released Monday.

Why it matters: In recent months, Americans anticipated that tariff-related price hikes would result in soaring inflation. Those fears receded somewhat as the Trump administration announced a temporary trade truce with China.

Tesla faces fresh risks to a big income stream: sales of regulatory credits to other automakers under vehicle emissions and efficiency rules.

Why it matters: Tesla's credit sales were $595 million last quarter and totaled $3.36 billion in the five quarters through Q1 of 2025.

The jobless rate for Black women has been creeping higher all year.

Why it matters: This could be a sign of weakness in the overall job market, economists say, though others point to the Trump administration's purge of the federal workforce and its push to eliminate DEI efforts.

It's a brutal time for women executives and others who don't neatly fit the stereotypical ideal of a leader.

Why it matters: Not only has the zeal for diversity that's defined the past decade faded, but backlash from the White House has made firms even less willing to take risks on "nontraditional" candidates, including women, people of color and LGBTQ+ people.

President Trump said he assumes his relationship with Elon Musk has ended and that he has no desire to repair it after the pair publicly fell out last week.

• "I think it's a shame that he's so depressed and so heartbroken," Trump said of the billionaire in a phone call with NBC News' Kristen Welker.

The big picture: Trump's comments also came with a warning to Musk when the president said the Tesla CEO could face "serious consequences" should he fund Democratic candidates in the next election running against Republicans who vote for Trump's "big, beautiful bill."