Sign up for our daily briefing

Make your busy days simpler with Axios AM/PM. Catch up on what's new and why it matters in just 5 minutes.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Catch up on the day's biggest business stories

Subscribe to Axios Closer for insights into the day’s business news and trends and why they matter

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Stay on top of the latest market trends

Subscribe to Axios Markets for the latest market trends and economic insights. Sign up for free.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Sports news worthy of your time

Binge on the stats and stories that drive the sports world with Axios Sports. Sign up for free.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Tech news worthy of your time

Get our smart take on technology from the Valley and D.C. with Axios Login. Sign up for free.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Get the inside stories

Get an insider's guide to the new White House with Axios Sneak Peek. Sign up for free.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Axios on your phone

Get breaking news and scoops on the go with the Axios app.

Download for free.

Catch up on coronavirus stories and special reports, curated by Mike Allen everyday

Catch up on coronavirus stories and special reports, curated by Mike Allen everyday

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Denver news?

Get a daily digest of the most important stories affecting your hometown with Axios Denver

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Des Moines news?

Get a daily digest of the most important stories affecting your hometown with Axios Des Moines

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Twin Cities news?

Get a daily digest of the most important stories affecting your hometown with Axios Twin Cities

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Tampa Bay news?

Get a daily digest of the most important stories affecting your hometown with Axios Tampa Bay

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Charlotte news?

Get a daily digest of the most important stories affecting your hometown with Axios Charlotte

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Sign up for Axios NW Arkansas

Stay up-to-date on the most important and interesting stories affecting NW Arkansas, authored by local reporters

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Illustration: Aïda Amer/Axios

Facebook will soon begin testing partnerships with a small group of independent writers for its new publishing platform, sources tell Axios.

Driving the news: The platform, which includes tools for journalists to build actual websites, in addition to newsletters, will be tested with a small group of writers, some of whom Facebook plans to pay to help get the tools off the ground.

Details: The publishing platform, which has yet to be officially named, is free-to-use, and will be integrated with Facebook Pages, sources say.

  • The Pages integration will allow writers, journalists, and other types of professional experts to publish content outside of text, like live videos and "Stories" status updates.
  • In time, Facebook plans to build tools within the platform that allow writers to monetize their websites and newsletters with subscriptions, and possibly other forms of revenue down the line.
  • The platform is meant to help writers create an audience community that is loyal and engaged. Facebook will allow writers to create Groups for their products on the Facebook, and will provide writers with metrics about how content is performing.

Be smart: Beginning around four years ago, Facebook began investing in incubator programs, products and events that are geared towards helping news companies, especially at the local level, build sustainable revenue streams.

  • It also created a separate feature called the "News Tab" as a dedicated space for news on Facebook where it has paid partnerships with many established news companies.
  • Now, it's trying to help find ways individual journalists can thrive as creators.

The big picture: The pandemic has prompted many high-profile journalists to leaving newsrooms to launch their own newsletters or websites. Now, tech companies are getting in on the trend.

  • Twitter acquired Revue, a newsletter platform for writers and publishers, in January, and has already begun integrating its newsletter platform into its main product. It recently announced a new feature that allows users to charge their followers for more content via a payment tool called "Super Follows."
  • LinkedIn, which is home to one of the largest communities of professionals on the internet, also plans to launch a creator program, that would work closely with the company's editorial arm, made up of many former journalists.

Go deeper: Pandemic spurs journalists to go it alone

Go deeper

Health care ruling saves Republicans from themselves

Illustration: Aïda Amer/Axios

The Supreme Court saved the health care system from imploding Thursday by dismissing a Republican challenge to the Affordable Care Act. But it also saved the GOP itself from another round of intraparty chaos.

Why it matters: Most GOP lawmakers privately admit (and some will even say publicly) they don't want to deal with health care again. The issue generally isn't a good one for them with voters — as they learned the hard way after they failed to repeal the ACA in 2017.

8 hours ago - Economy & Business

Fed chief's second-term audition

Jerome Powell during a virtual news conference. Photo: Daniel Acker/Bloomberg via Getty Images

Federal Reserve Chairman Jerome Powell faces a long, hot summer audition for a second term, with senators watching and weighing his response to potential signs of inflation.

Why it matters: The financial system's chief is one of the most powerful in the world. President Biden hasn’t given any public indication whether he’ll renominate Powell, but Democrats close to the administration say there's a chance he'll make an announcement by Labor Day — well before Powell’s term ends next February.

10 hours ago - World

Mapping China's growing global influence

Data: Atlantic Council; Map: Andrew Witherspoon/Axios

As of 1980, China was the most influential player in just one country: Albania. Now, China is the leading power across most of sub-Saharan Africa and Southeast Asia and is catching up to the U.S. in its own hemisphere.

What we’re reading: That's according to a new report from the University of Denver and the Atlantic Council that seeks to measure the influence countries have on each other, and in so doing offers a dramatic portrait of China's rise.