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Scoop: House Foreign Affairs lawmakers head to Silicon Valley to talk AI exports

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Kevin Warsh's challenges become clear after Fed chair Powell's last hurrah

Warsh's Fed challenges are clear with Powell's last hurrah

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China blocks Meta's acquisition of Manus AI

Tariff refunds put businesses on the spot

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Trump cuts drug price deal with Regeneron

The AI boom's hidden cost: a bigger trade deficit

A line chart that tracks monthly U.S. imports indexes for AI-relevant, aggregate and not AI-relevant goods from January 2022 to January 2026, with 2023 average monthly imports = 100. AI-relevant imports rise from 92.5 to 210.5 and peak at 220.8 in December 2025, while not AI-relevant falls to 86.1.

Monthly U.S. imports index

Data: Michael E. Waugh; Chart: Axios Visuals

What to know about tariff refund site that launches Monday

Investors see past war, sending stocks near all-time high

A line chart that tracks the S&P 500 daily from Feb. 27 to April 14, 2026. The index opened at 6,878.88, fell to a period low of 6,343.72 on March 30, then rebounded to a high of 6,964.23 on April 14. It declined through late March before recovering in April.

S&P 500  

Data: Financial Modeling Prep; Chart: Emily Peck/Axios

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