Tropical Storm Isaias is rapidly strengthening in the Gulf and is expected to be nearly a Category 3 hurricane before making landfall this weekend near the Alabama-Florida state line.
Why it matters: Hurricane and tropical storm watches are in effect from Louisiana to Florida.
Federal Reserve officials worried that higher costs tied to energy, AI investment and other shocks could spill over into broader, more persistent inflation, according to the minutes from the central bank's Sept. 15-16 meeting.
Why it matters: That meeting concluded with the Fed's first interest rate increase in three years. The minutes show that "several" officials thought rates were doing little to restrain the economy, raising the stakes for further increases down the line.
The German auto industry — long renowned for its engineering prowess and marketing genius — is reeling from stiffening competition, trade threats and shifting consumer tastes.
Why it matters: Volkswagen, Mercedes-Benz and BMW have been a powerful force on the global auto market for decades — but the market has shifted sharply.
Hurricanes have long dominated efforts to make the power system more resilient to extreme weather. But America'senergy buildout is running into growing risks from severe thunderstorms.
Why it matters: New energy infrastructure and data centers are being built in harm's way as severe weather risks shift, leaving more for developers and insurers to lose when storms hit.
President Trump suggested Tuesday that the financial cost of the Iran war to Americans is a price worth paying to keep the U.S. safe.
Why it matters: Trump's comments ignited backlash, but the federal government has spent years helping high-risk U.S. urban areas detect radiological and nuclear materials that could be used in an attack.
A tropical depression in the Gulf is expected to become the first hurricane of the Atlantic season.
Why it matters: It could bring heavy rain, gusty winds and coastal flooding to the Gulf Coast, but it's too early to tell how much New Orleans could see.
Google and Constellation Energy announced a deal in which Constellation will invest $4.3 billion to upgrade 11 nuclear units in three states to help meet growing demand for electricity.
Why it matters: It's the latest deal from Big Tech meant to fund new nuclear generating capacity needed to support its enormous data-center buildout.
Americans could pay far more to heat their homes with oil this winter than last, a new analysis reviewed by Axios shows, as volatile energy markets and the Iran War deepen the affordability crisis.
Why it matters: Heating bills are eating into household budgets before winter sets in, with stark divides between fuel types.
Sometimes the outcome of a Supreme Court case becomes pretty clear during oral argument. The blockbuster climate case the justices heard on Monday was not one of them.
Torch Systems, a remote monitoring provider for electric grids and other infrastructure, raised $11.5 million in equity and debt, CEO Vasya Tremsin tells Axios Pro.
Why it matters: The company has expanded beyond wildfire detection.
