DAVOS, Switzerland — America's closest allies declared an end to the U.S.-led global order on Tuesday, concluding that President Trump's relentless coercion had exposed its fatal flaws.
Why it matters: Gone are the days of world leaders tiptoeing around Trump, whose first year in office — capped by a crisis over Greenland — has crystallized fears that the old order cannot be salvaged.
Members of Elon Musk's DOGE team may have accessed Social Security information that was off-limits under a court ruling and shared agency data on third-party servers, the Department of Justice said in a court filing last week.
Why it matters: It's a stunning admission from the Trump administration, after it battled in court over DOGE's rights to access and use Social Security data as part of its effort to uncover fraud and waste.
President Trump blamed Norway for his Nobel Peace Prize snub as it opposes his push to claim Greenland — but the nation doesn't award the honor.
The big picture: Trump's insistence the U.S. should control Greenland has rankled American allies across Europe and NATO, and Trump has vowed further economic and political relation for their resistance.
President Trump threatens broad tariff hikes on historic allies. Financial markets are reeling. It's unclear whether the administration backtracks.
You would be forgiven for thinking we were talking about the spring of 2025. This is the current backdrop, one that feels similar to a period of extreme uncertainty that investors and CEOs may have believed was behind us.
This time, the issue at hand is Trump's effort to coerce NATO ally Denmark into handing over Greenland.
Why it matters: This weekend's events — and the fallout in financial markets evident Tuesday morning — are reminders that there might not be a magical pivot point where the economic, trade and geopolitical outlooks suddenly look more certain under Trump.
Why it matters: The comments break from Amazon's earlier insistence that tariffs weren't materially affecting prices — and could add fuel to political scrutiny over rising consumer costs.
Data centers could provide a power boost for green energy companies that are being ignored — or outright denigrated — by President Trump.
Driving the news: That's a takeaway from the new IPO filing for SOLV Energy, a private equity-owned provider of construction services for solar and battery projects.
Wall Street strategists busted into 2026 overwhelmingly bullish, with one big caveat: AI had to deliver measurable returns this year.
Why it matters: Two weeks in, investors are getting their wish, as Alphabet is lending its AI horsepower to several companies, while much of its risk is in the rearview.
DAVOS, Switzerland — The European Union's chief executive called for "permanent" independence from the U.S. on Tuesday, framing President Trump's hostility toward allies as a rupture on the scale of the 1971 "Nixon shock."
Why it matters: Ursula von der Leyen's remarks reflect the deep unease hanging over the World Economic Forum, where Trump arrives Wednesday amid an escalating crisis in transatlantic relations.
Investors usually expect companies to focus solely on increasing shareholder value. Now, companies are increasingly seeking an additional goal: pleasing the White House.
Why it matters: Policies from Washington are Wall Street's new buy signal.
U.S. stock futures are under pressure and European shares fell after President Trump threatened tariffs on eight European nations for opposing his efforts to control Greenland.
Why it matters: Tariffs are not an issue investors can put behind them.
Why it matters: As AI agents start shopping and paying on consumers' behalf, the power shift isn't about smarter models — it's about who controls trust, identity and payments when machines spend people's money.
There's fresh evidence that President Trump and his lieutenants are willing to sacrifice "drill, baby, drill" in the U.S. for low prices and other policy priorities.
Why it matters: Modest prices and a revival of trade friction won't help bring a new surge in domestic production.
To mark the one-year anniversary of President Trump taking office, we asked Axios subject matter experts a simple question: What's the biggest disruption or change you've seen on your beat over the past year?
1. White House, Marc Caputo:A year in the planning, Trump's ouster of Venezuelan dictator Nicolás Maduro was a defining moment that crystallized the administration's "Trump Corollary" to the Monroe Doctrine.
Gen Z and millennial voters who back President Trump are emerging as an increasingly hard-line faction within his coalition, showing especially strong support for male leadership and religion in public life — and openness to political violence, a massive new survey finds.
Why it matters: The survey of 18,000 Americans finds that Trump supporters born after 1981 are less invested in consensus politics than previous generations, and look more favorably on cultural dominance and strongman leadership.
DAVOS, Switzerland — President Trump will depart for Davos on Tuesday feeling more confident than ever in his own power to shape global events and more willing to bully and berate anyone who stands in his way.
Why it matters: In recent weeks, Trump has shown he's no longer content just dominating the U.S. and the news cycle — he wants to dominate the world.
