Axios

Florida Gov. Ron DeSantis signed a bill Monday to rename Palm Beach International Airport after President Trump — as his family business seeks to trademark the use of his name on airports, a move legal experts called unprecedented.

Why it matters: The Trump family business has said it "will not receive any royalty, licensing fee or financial consideration whatsoever from the proposed airport renaming." But trademark lawyers say the filings could still give it control over how the Trump name is used.

KitchenAid is giving its iconic stand mixer its biggest upgrade since 1955 — a rare refresh for a countertop staple used by generations of home cooks.

Why it matters: The Whirlpool-owned brand is responding to a push for more consistent results in the kitchen, especially for home cooks seeking greater accuracy, KitchenAid told Axios.

The Labor Department on Monday proposed rules to open 401(k) plans to private equity, private credit, crypto and other alternative assets.

Why it matters: The move could unlock trillions of dollars in new investment for alternative assets — but critics warn that it could expose millions of retirement savers to higher risk and volatility.

President Trump hinted Monday that the Iran war may be over soon — the latest in a series of occasions he has teased that the conflict might end.

Why it matters: Trump's messaging on the Iran war's endgame is all over the map as he attempts to make his case to the American people that the conflict will not lead to prolonged war.

The U.S. has a key advantage in weathering the Iran war-triggered energy shock that was missing in previous episodes of overseas tumult: an economy that has become substantially less energy-intensive.

Why it matters: Higher prices at the gasoline pump, for jet fuel and for diesel will no doubt hurt. But in relative terms, both the average household and the economy as a whole have more capacity to weather the hit than in the past.

Federal Reserve chair Jerome Powell said the Fed is not yet at the moment when it needs to decide whether to "look through" the Iran war energy shock.

What they're saying: "It's something we will eventually, maybe, face the question of what to do here. We're not really facing it yet because we don't know what the economic effects will be," Powell told introductory economics students at Harvard University on Monday morning.

American adults are spending less time scrolling — and more time managing their money, according to a Wells Fargo survey shared first with Axios.

Why it matters: Money management is becoming more central to daily life than social media — and Americans are actively reshaping how they spend, save and get financial advice, based on a survey of nearly 4,000 people.

Business professionals and educators are most likely to own homes nationwide, according to a new analysis shared exclusively with Axios.

The big picture: The occupations with the highest homeownership rates haven't changed much in the past decade. But higher-earning STEM workers are losing ground as service and sales workers tick up, per the National Association of Realtors analysis of census data.

Forget earnings reports or other corporate announcements, the stock market really has just two main catalysts this year: AI anxiety and President Trump.

Why it matters: It's like a pinball machine where the flippers are Truth Social and Anthropic blog posts.

America's biggest tech companies are getting hammered by investors as the war in Iran spikes oil prices and kills rate cut hopes.

Why it matters: The tech companies that drove the stock market's gains for the last three years are now its biggest headache.

Oil prices climbed above $116 per barrel after markets opened Sunday, as Iran-backed Houthi militants fired missiles and drones at Israel over the weekend and promised to continue attacks.

Why it matters: The high price that remained around the $116 a barrel mark late Sunday came as the war moved into its fifth week, showing little sign of abating despite President Trump's talk of diplomacy.