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National

Elon Musk's SpaceX  IPO filing is out

This is expected to be the largest IPO ever,

Business

<a class="gtmContentClick" data-vars-link-text="SpaceX" data-vars-click-url="https://www.axios.com/2026/03/30/spacex-ipo-elon-musk-wall-street" data-vars-content-id="6df61f44-11c0-4a91-ba76-818a8c30545f" data-vars-headline="Elon Musk&#x27;s SpaceX IPO filing is out" data-vars-event-category="story" data-vars-sub-category="story" data-vars-item="in_content_link" href="https://www.axios.com/2026/03/30/spacex-ipo-elon-musk-wall-street" target="_self">SpaceX</a> on Wednesday disclosed <a class="gtmContentClick" data-vars-link-text="its filing" data-vars-click-url="http://sec.gov/Archives/edgar/data/1181412/000162828026036936/spaceexplorationtechnologi.htm" data-vars-content-id="6df61f44-11c0-4a91-ba76-818a8c30545f" data-vars-headline="Elon Musk&#x27;s SpaceX IPO filing is out" data-vars-event-category="story" data-vars-sub-category="story" data-vars-item="in_content_link" href="http://sec.gov/Archives/edgar/data/1181412/000162828026036936/spaceexplorationtechnologi.htm" target="_blank">its filing</a> for an initial public offering, ahead of an expected stock market debut next month.Why it matters: This is expected to be the largest IPO ever, and could make Elon <a class="gtmContentClick" data-vars-link-text="Musk" data-vars-click-url="https://www.axios.com/business/elon-musk" data-vars-content-id="6df61f44-11c0-4a91-ba76-818a8c30545f" data-vars-headline="Elon Musk&#x27;s SpaceX IPO filing is out" data-vars-event-category="story" data-vars-sub-category="story" data-vars-item="in_content_link" href="https://www.axios.com/business/elon-musk" target="_self">Musk</a> the world&#x27;s first trillionaire.

New Iran peace proposal triggers tense Trump-Netanyahu call

A new draft agreement has been shared with both the U.S. and Iran.

World

President Trump and Israeli Prime Minister Benjamin Netanyahu discussed a new effort to reach a deal with <a class="gtmContentClick" data-vars-link-text="Iran" data-vars-click-url="https://www.axios.com/world/iran" data-vars-content-id="62fe8a6f-4ad0-4873-a4f7-a0e9b7d60cbc" data-vars-headline="New Iran peace proposal triggers tense Trump-Netanyahu call" data-vars-event-category="story" data-vars-sub-category="story" data-vars-item="in_content_link" href="https://www.axios.com/world/iran" target="_self">Iran</a> in a difficult call on Tuesday, three sources said, with one source saying Netanyahu&#x27;s &quot;hair was on fire&quot; after the call.Why it matters: A revised peace memo was drafted by Qatar and Pakistan with input from the other regional mediators to try to bridge the gaps between the U.S. and Iran, the sources said. It comes with Trump vacillating over <a class="gtmContentClick" data-vars-link-text="ordering a massive strike" data-vars-click-url="https://www.axios.com/2026/05/19/trump-iran-war-plans-meeting-strikes" data-vars-content-id="62fe8a6f-4ad0-4873-a4f7-a0e9b7d60cbc" data-vars-headline="New Iran peace proposal triggers tense Trump-Netanyahu call" data-vars-event-category="story" data-vars-sub-category="story" data-vars-item="in_content_link" href="https://www.axios.com/2026/05/19/trump-iran-war-plans-meeting-strikes" target="_self">ordering a massive strike</a> on Iran and holding out for a deal.

Most Fed officials see rate hikes if inflation stays high, minutes show

Most Fed officials see rate hikes if inflation stays high

The fallout from the Iran war is stoking quicker price increases just as Kevin Warsh is about become Fed chair.

Economy

A &quot;majority&quot; of Federal Reserve officials believed the central bank could raise interest rates if <a class="gtmContentClick" data-vars-link-text="inflation" data-vars-click-url="https://www.axios.com/economy/inflation" data-vars-content-id="f9ff19d9-702c-4ba8-85bc-73e4026ec3bc" data-vars-headline="Most Fed officials see rate hikes if inflation stays high, minutes show" data-vars-event-category="story" data-vars-sub-category="story" data-vars-item="in_content_link" href="https://www.axios.com/economy/inflation" target="_self">inflation</a> stays high, according to <a class="gtmContentClick" data-vars-link-text="the minutes" data-vars-click-url="https://www.federalreserve.gov/newsevents/pressreleases/monetary20260520a.htm" data-vars-content-id="f9ff19d9-702c-4ba8-85bc-73e4026ec3bc" data-vars-headline="Most Fed officials see rate hikes if inflation stays high, minutes show" data-vars-event-category="story" data-vars-sub-category="story" data-vars-item="in_content_link" href="https://www.federalreserve.gov/newsevents/pressreleases/monetary20260520a.htm" target="_blank">the minutes</a> from the central bank&#x27;s April 28-29 policy meeting. Why it matters: It suggests that a larger constituency than previously known is backing the possibility of higher interest rates, with the fallout from the <a class="gtmContentClick" data-vars-link-text="Iran" data-vars-click-url="https://www.axios.com/world/iran" data-vars-content-id="f9ff19d9-702c-4ba8-85bc-73e4026ec3bc" data-vars-headline="Most Fed officials see rate hikes if inflation stays high, minutes show" data-vars-event-category="story" data-vars-sub-category="story" data-vars-item="in_content_link" href="https://www.axios.com/world/iran" target="_self">Iran</a> war stoking quicker price increases ahead of Kevin Warsh becoming Fed chair.

Democrats scramble to contain their Maureen Galindo problem

Democrats scramble to contain Maureen Galindo problem

"We will force a vote to expel her every day she is here," a pair of Jewish Democrats said.

Politics & Policy

House Democrats are in a mad dash to isolate Texas Democratic congressional candidate <a class="gtmContentClick" data-vars-link-text="Maureen Galindo" data-vars-click-url="https://www.axios.com/2026/05/18/antisemitism-politics-congress-2026-midterms-jews" data-vars-content-id="dd4a07f4-640a-4284-b1e5-b6adc94593ae" data-vars-headline="Democrats scramble to contain their Maureen Galindo problem" data-vars-event-category="story" data-vars-sub-category="story" data-vars-item="in_content_link" href="https://www.axios.com/2026/05/18/antisemitism-politics-congress-2026-midterms-jews" target="_self">Maureen Galindo</a>, who has said she wants to turn an ICE facility into a &quot;prison for American Zionists.&quot; Why it matters: A mysterious PAC is spending hundreds of thousands to boost Galindo, which Democrats allege is a Republican attempt to ensure the GOP candidate in that district faces a weak opponent in November.

Battles to shrink the Federal Reserve's balance sheet begin

Incoming Federal Reserve chair Kevin Warsh has long-expressed wanting to shrink the central bank's $6.7 trillion balance sheet.

Incoming Federal Reserve chief Kevin Warsh&#x27;s <a class="gtmContentClick" data-vars-link-text="ambition to shrink" data-vars-click-url="https://www.axios.com/2026/03/26/kevin-warsh-fed-balance-sheet" data-vars-content-id="e5d71e5b-383c-471f-bc60-3b80bb84303c" data-vars-headline="Battles to shrink the Federal Reserve&#x27;s balance sheet begin" data-vars-event-category="story" data-vars-sub-category="story" data-vars-item="in_content_link" href="https://www.axios.com/2026/03/26/kevin-warsh-fed-balance-sheet" target="_self">ambition to shrink</a> the central bank&#x27;s multitrillion-dollar bond portfolio may quickly run into hard limits.Why it matters: For nearly two decades, the Fed&#x27;s ability to flood markets with liquidity has been among its most powerful crisis-fighting weapons — and, in Warsh&#x27;s view, too often a go-to tool for monetary stimulus outside of crises.<ul><li>Now, the hot discussion among Fed officials and commentators is about how to responsibly shrink the Fed&#x27;s asset portfolio — and whether that&#x27;s even a worthwhile goal.</li></ul>

Portland Pastry 10K is all about fostering connection

Things to Do

One Portlander is turning eating <a class="gtmContentClick" data-vars-link-text="pastries" data-vars-click-url="https://www.axios.com/local/portland/2024/03/26/women-pastry-chefs-bakers-awards-recognition" data-vars-content-id="c4d26983-b477-4df8-a690-6980c1cc5e5b" data-vars-headline="Portland Pastry 10K is all about fostering connection" data-vars-event-category="story" data-vars-sub-category="story" data-vars-item="in_content_link" href="https://www.axios.com/local/portland/2024/03/26/women-pastry-chefs-bakers-awards-recognition" target="_self">pastries</a> into a collective endurance sport.The big picture: The sold-out Portland Pastry 10K Walk will send 100 people on a 6.8-mile route through Northeast next month, with stops for coffee, croissants, tiramisu and even lasagna along the way.

Oregon snow drought raises irrigation fears

Farmers are preparing for severe water shortages this summer.

News

Oregon&#x27;s near-record low <a class="gtmContentClick" data-vars-link-text="snowpack" data-vars-click-url="https://www.axios.com/local/portland/2026/03/17/oregon-snowpack-near-record-lows-warm-winter" data-vars-content-id="adffbda1-5a73-4677-8f2a-2f2ba97dab0d" data-vars-headline="Oregon snow drought raises irrigation fears" data-vars-event-category="story" data-vars-sub-category="story" data-vars-item="in_content_link" href="https://www.axios.com/local/portland/2026/03/17/oregon-snowpack-near-record-lows-warm-winter" target="_self">snowpack</a> is raising fears of severe irrigation shortages ahead of farms&#x27; summer growing season.Why it matters: Agriculture makes up roughly 13% of the <a class="gtmContentClick" data-vars-link-text="Oregon&#x27;s gross product" data-vars-click-url="https://www.oregonfb.org/oregon-agriculture" data-vars-content-id="adffbda1-5a73-4677-8f2a-2f2ba97dab0d" data-vars-headline="Oregon snow drought raises irrigation fears" data-vars-event-category="story" data-vars-sub-category="story" data-vars-item="in_content_link" href="https://www.oregonfb.org/oregon-agriculture" target="_blank">Oregon&#x27;s gross product</a> — with around $5 billion in annual production — so water shortages will have ripple effects across the state&#x27;s economy.

Low snowpack and drought threaten Oregon native fish

The potential for widespread die-off events and disease is high.

Historically <a class="gtmContentClick" data-vars-link-text="low snowpack" data-vars-click-url="https://www.axios.com/local/portland/2026/03/17/oregon-snowpack-near-record-lows-warm-winter" data-vars-content-id="918c4efa-fb3e-43d3-8ab3-d180aa181bf5" data-vars-headline="Low snowpack and drought threaten Oregon native fish" data-vars-event-category="story" data-vars-sub-category="story" data-vars-item="in_content_link" href="https://www.axios.com/local/portland/2026/03/17/oregon-snowpack-near-record-lows-warm-winter" target="_self">low snowpack</a> and <a class="gtmContentClick" data-vars-link-text="widespread drought" data-vars-click-url="https://www.oregonlive.com/news/2026/05/a-third-of-oregon-counties-now-have-drought-emergencies-state-says.html" data-vars-content-id="918c4efa-fb3e-43d3-8ab3-d180aa181bf5" data-vars-headline="Low snowpack and drought threaten Oregon native fish" data-vars-event-category="story" data-vars-sub-category="story" data-vars-item="in_content_link" href="https://www.oregonlive.com/news/2026/05/a-third-of-oregon-counties-now-have-drought-emergencies-state-says.html" target="_blank">widespread drought</a> are causing rivers to run lower and warmer earlier than usual this year, raising chances of die-offs and disease outbreaks among <a class="gtmContentClick" data-vars-link-text="native fish species" data-vars-click-url="https://www.axios.com/local/portland/2024/02/09/columbia-river-basin-salmon-restoration" data-vars-content-id="918c4efa-fb3e-43d3-8ab3-d180aa181bf5" data-vars-headline="Low snowpack and drought threaten Oregon native fish" data-vars-event-category="story" data-vars-sub-category="story" data-vars-item="in_content_link" href="https://www.axios.com/local/portland/2024/02/09/columbia-river-basin-salmon-restoration" target="_self">native fish species</a> as we head into summer.Why it matters: Salmon, trout and steelhead remain critical to river ecosystems, and they are deeply tied to Oregon&#x27;s cultural identity, recreation economy and tribal communities.

Dry winter puts Oregon on edge for wildfires

Officials warn dry vegetation could fuel fast-moving fires this summer.

A <a class="gtmContentClick" data-vars-link-text="warm, dry winter" data-vars-click-url="https://www.axios.com/local/portland/2026/05/13/oregon-snow-drought-raises-irrigation-fears" data-vars-content-id="d0d4a97c-9186-4443-8ad0-3d24540597aa" data-vars-headline="Dry winter puts Oregon on edge for wildfires" data-vars-event-category="story" data-vars-sub-category="story" data-vars-item="in_content_link" href="https://www.axios.com/local/portland/2026/05/13/oregon-snow-drought-raises-irrigation-fears" target="_self">warm, dry winter</a> has Oregon officials warning of an intense wildfire season fueled by low snowpack and human-caused fire risks.The big picture: Very dry vegetation in all its forms could allow fires to spread rapidly across Oregon this summer.

Crowded GOP field targets Gov. Tina Kotek

The Oregon GOP hasn't occupied the governor's mansion since Victor G. Atiyeh's tenure ended in 1987.

Politics

Oregon&#x27;s gubernatorial primary next month features a crowded field of Republicans running for the opportunity to unseat incumbent Democratic <a class="gtmContentClick" data-vars-link-text="Gov. Tina Kotek" data-vars-click-url="https://www.axios.com/local/portland/2026/01/07/transportation-funding-bill-kotek-repeal" data-vars-content-id="d7d12bc4-9194-4a9d-b49f-dcf6b2785fe3" data-vars-headline="Crowded GOP field targets Gov. Tina Kotek" data-vars-event-category="story" data-vars-sub-category="story" data-vars-item="in_content_link" href="https://www.axios.com/local/portland/2026/01/07/transportation-funding-bill-kotek-repeal" target="_self">Gov. Tina Kotek</a>.The big picture: The Oregon GOP hasn&#x27;t occupied <a class="gtmContentClick" data-vars-link-text="the governor&#x27;s mansion" data-vars-click-url="https://www.nga.org/former-governors/oregon/" data-vars-content-id="d7d12bc4-9194-4a9d-b49f-dcf6b2785fe3" data-vars-headline="Crowded GOP field targets Gov. Tina Kotek" data-vars-event-category="story" data-vars-sub-category="story" data-vars-item="in_content_link" href="https://www.nga.org/former-governors/oregon/" target="_blank">the governor&#x27;s mansion</a> since Victor G. Atiyeh&#x27;s tenure ended in 1987 and it doesn&#x27;t control a single statewide office.

Seattle

How the I-5 bridge saga led to a $14B price tag

Delays, rising costs and a plan that fell apart in 2013 shaped today's $14B price tag.

The soaring price tag for a new <a class="gtmContentClick" data-vars-link-text="Interstate 5 bridge" data-vars-click-url="https://www.axios.com/local/seattle/2022/07/26/interstate-5-bridge-washington-oregon" data-vars-content-id="be970270-b761-4661-a2a7-13a5c65dd63a" data-vars-headline="How the I-5 bridge saga led to a $14B price tag" data-vars-event-category="story" data-vars-sub-category="story" data-vars-item="in_content_link" href="https://www.axios.com/local/seattle/2022/07/26/interstate-5-bridge-washington-oregon" target="_self">Interstate 5 bridge</a> connecting Washington and Oregon is only the latest stumble in a decades-long effort to replace the aging crossing.Why it matters: The total project cost has more than<a class="gtmContentClick" data-vars-link-text=" quadrupled" data-vars-click-url="http://interstatebridge.org/resources/program-news/governors-ferguson-and-kotek-recommit-to-replacing-columbia-river-bridge/" data-vars-content-id="be970270-b761-4661-a2a7-13a5c65dd63a" data-vars-headline="How the I-5 bridge saga led to a $14B price tag" data-vars-event-category="story" data-vars-sub-category="story" data-vars-item="in_content_link" href="http://interstatebridge.org/resources/program-news/governors-ferguson-and-kotek-recommit-to-replacing-columbia-river-bridge/" target="_blank"> quadrupled</a> since an earlier replacement plan fell apart in 2013, now topping $14 billion — all while the bridge continues to snarl traffic and <a class="gtmContentClick" data-vars-link-text="could collapse" data-vars-click-url="https://www.columbian.com/news/2021/nov/09/video-shows-what-earthquake-would-do-to-interstate-5-bridge/" data-vars-content-id="be970270-b761-4661-a2a7-13a5c65dd63a" data-vars-headline="How the I-5 bridge saga led to a $14B price tag" data-vars-event-category="story" data-vars-sub-category="story" data-vars-item="in_content_link" href="https://www.columbian.com/news/2021/nov/09/video-shows-what-earthquake-would-do-to-interstate-5-bridge/" target="_blank">could collapse</a> in a major earthquake.

What Portland homeowners do for a living

Rising costs reshape who can buy homes in Portland, with educators leading.

Real Estate

Those in the education and social services sectors are most likely to <a class="gtmContentClick" data-vars-link-text="own homes" data-vars-click-url="https://www.axios.com/2026/01/19/affordable-homes-metro-income" data-vars-content-id="424fc0ab-e71f-494b-88fe-e4aedea7cd6a" data-vars-headline="What Portland homeowners do for a living" data-vars-event-category="story" data-vars-sub-category="story" data-vars-item="in_content_link" href="https://www.axios.com/2026/01/19/affordable-homes-metro-income" target="_self">own homes</a> in Portland, according to a new analysis shared exclusively with Axios.Why it matters: Who can afford to <a class="gtmContentClick" data-vars-link-text="own a home" data-vars-click-url="https://www.axios.com/local/portland/2026/01/27/home-down-payment-time-2025" data-vars-content-id="424fc0ab-e71f-494b-88fe-e4aedea7cd6a" data-vars-headline="What Portland homeowners do for a living" data-vars-event-category="story" data-vars-sub-category="story" data-vars-item="in_content_link" href="https://www.axios.com/local/portland/2026/01/27/home-down-payment-time-2025" target="_self">own a home</a> is shifting — reflecting rising housing costs and changing job geography, per the National Association of Realtors analysis of census data.

Middle housing could help ease Portland housing crunch

Policy is just one piece as housing production overall slows.

Portland has been held up nationally as a model for building more affordable &quot;middle&quot; housing units, but recent data suggests a sharp slowdown in construction — a sign that policy is just one remedy for <a class="gtmContentClick" data-vars-link-text="easing the city&#x27;s housing crisis" data-vars-click-url="https://www.axios.com/local/portland/2026/01/28/portland-housing-unaffordable-middle-income" data-vars-content-id="eb89a1cb-fb61-4d2b-b89e-ca3bf5fea816" data-vars-headline="Middle housing could help ease Portland housing crunch" data-vars-event-category="story" data-vars-sub-category="story" data-vars-item="in_content_link" href="https://www.axios.com/local/portland/2026/01/28/portland-housing-unaffordable-middle-income" target="_self">easing the city&#x27;s housing crisis</a>.The big picture: A recent <a class="gtmContentClick" data-vars-link-text="Washington Post report" data-vars-click-url="https://www.washingtonpost.com/business/2026/03/18/portland-housing-infill-ratio-duplexes/?pwapi_token=eyJ0eXAiOiJKV1QiLCJhbGciOiJIUzI1NiJ9.eyJyZWFzb24iOiJnaWZ0IiwibmJmIjoxNzc0MzI0ODAwLCJpc3MiOiJzdWJzY3JpcHRpb25zIiwiZXhwIjoxNzc1NzA3MTk5LCJpYXQiOjE3NzQzMjQ4MDAsImp0aSI6ImYyOGEzOGExLTY1ZDUtNGMwNS1hNTE1LWQwYWQzOTUyNmZmNiIsInVybCI6Imh0dHBzOi8vd3d3Lndhc2hpbmd0b25wb3N0LmNvbS9idXNpbmVzcy8yMDI2LzAzLzE4L3BvcnRsYW5kLWhvdXNpbmctaW5maWxsLXJhdGlvLWR1cGxleGVzLyJ9.t6_eWGOgooL-IHqkzQK0VznNvYD9r3k6-0IFrlowZAc" data-vars-content-id="eb89a1cb-fb61-4d2b-b89e-ca3bf5fea816" data-vars-headline="Middle housing could help ease Portland housing crunch" data-vars-event-category="story" data-vars-sub-category="story" data-vars-item="in_content_link" href="https://www.washingtonpost.com/business/2026/03/18/portland-housing-infill-ratio-duplexes/?pwapi_token=eyJ0eXAiOiJKV1QiLCJhbGciOiJIUzI1NiJ9.eyJyZWFzb24iOiJnaWZ0IiwibmJmIjoxNzc0MzI0ODAwLCJpc3MiOiJzdWJzY3JpcHRpb25zIiwiZXhwIjoxNzc1NzA3MTk5LCJpYXQiOjE3NzQzMjQ4MDAsImp0aSI6ImYyOGEzOGExLTY1ZDUtNGMwNS1hNTE1LWQwYWQzOTUyNmZmNiIsInVybCI6Imh0dHBzOi8vd3d3Lndhc2hpbmd0b25wb3N0LmNvbS9idXNpbmVzcy8yMDI2LzAzLzE4L3BvcnRsYW5kLWhvdXNpbmctaW5maWxsLXJhdGlvLWR1cGxleGVzLyJ9.t6_eWGOgooL-IHqkzQK0VznNvYD9r3k6-0IFrlowZAc" target="_blank">Washington Post report</a> highlighted Portland&#x27;s success in spurring middle housing units (duplexes, fourplexes, accessory dwelling units and &quot;cottage clusters&quot;) through its <a class="gtmContentClick" data-vars-link-text="Residential Infill Project" data-vars-click-url="https://www.portland.gov/bps/planning/rip" data-vars-content-id="eb89a1cb-fb61-4d2b-b89e-ca3bf5fea816" data-vars-headline="Middle housing could help ease Portland housing crunch" data-vars-event-category="story" data-vars-sub-category="story" data-vars-item="in_content_link" href="https://www.portland.gov/bps/planning/rip" target="_blank">Residential Infill Project</a> (RIP), which loosened local zoning laws to incentivize denser development on a single lot.

States challenge "broadcast behemoth" mega-merger

President Trump has endorsed the mega-merger.

Eight states sued to block the massive <a class="gtmContentClick" data-vars-link-text="$6.2 billion merger" data-vars-click-url="https://www.axios.com/2025/08/19/nexstar-tegna-6-billion-broadcast-deal" data-vars-content-id="24705b62-2b6b-4fa1-9c16-297ba7997dad" data-vars-headline="States challenge &quot;broadcast behemoth&quot; mega-merger" data-vars-event-category="story" data-vars-sub-category="story" data-vars-item="in_content_link" href="https://www.axios.com/2025/08/19/nexstar-tegna-6-billion-broadcast-deal" target="_self">$6.2 billion merger</a> of Nexstar and Tegna that could create the largest <a class="gtmContentClick" data-vars-link-text="local broadcast company" data-vars-click-url="https://www.axios.com/media-trends-membership/2025/11/08/nexstar-tegna-merger-fcc-ownership-cap" data-vars-content-id="24705b62-2b6b-4fa1-9c16-297ba7997dad" data-vars-headline="States challenge &quot;broadcast behemoth&quot; mega-merger" data-vars-event-category="story" data-vars-sub-category="story" data-vars-item="in_content_link" href="https://www.axios.com/media-trends-membership/2025/11/08/nexstar-tegna-merger-fcc-ownership-cap" target="_self">local broadcast company</a> in the country by far.Why it matters: The deal, which would require lifting the limit on television station ownership, is a litmus test for the Federal Communications Commission&#x27;s <a class="gtmContentClick" data-vars-link-text="deregulation" data-vars-click-url="https://docs.fcc.gov/public/attachments/DOC-410147A1.pdf" data-vars-content-id="24705b62-2b6b-4fa1-9c16-297ba7997dad" data-vars-headline="States challenge &quot;broadcast behemoth&quot; mega-merger" data-vars-event-category="story" data-vars-sub-category="story" data-vars-item="in_content_link" href="https://docs.fcc.gov/public/attachments/DOC-410147A1.pdf" target="_blank">deregulation</a> drive.

Oregon's hospitals are highly consolidated, report shows

A Yale analysis finds about 72% of Oregon hospitals are concentrated under a few systems.

Health

Oregon&#x27;s health care system is heavily consolidated among just a few hospital systems, a dynamic that has <a class="gtmContentClick" data-vars-link-text="raised concern" data-vars-click-url="https://www.axios.com/local/portland/2023/08/18/ohsu-legacy-health-merger-oregon" data-vars-content-id="17aeab07-b44b-4096-8285-2c6fe4b46dee" data-vars-headline="Oregon&#x27;s hospitals are highly consolidated, report shows" data-vars-event-category="story" data-vars-sub-category="story" data-vars-item="in_content_link" href="https://www.axios.com/local/portland/2023/08/18/ohsu-legacy-health-merger-oregon" target="_self">raised concern</a> among critics and state lawmakers in the past.Why it matters: As rising health care costs put more financial strain on Americans, &quot;one major and underappreciated factor driving price increases is rising consolidation among U.S. hospitals,&quot; according to Yale&#x27;s new <a class="gtmContentClick" data-vars-link-text="Health Care Affordability Lab" data-vars-click-url="https://www.healthcareaffordabilitylab.org/commentary-press-release-posts/a-ranking-of-all-50-states-by-hospital-consolidation" data-vars-content-id="17aeab07-b44b-4096-8285-2c6fe4b46dee" data-vars-headline="Oregon&#x27;s hospitals are highly consolidated, report shows" data-vars-event-category="story" data-vars-sub-category="story" data-vars-item="in_content_link" href="https://www.healthcareaffordabilitylab.org/commentary-press-release-posts/a-ranking-of-all-50-states-by-hospital-consolidation" target="_blank">Health Care Affordability Lab</a>.

Portland Fire debut before record WNBA crowd

Nearly 20,000 raucous fans packed Moda Center for the Fire's debut.

Sports

<figure><img alt="Animated gif shows the opening tipoff of the Portland Fire&#x27;s first game from the sideline." height="450" id="5212856f-06f4-4725-98d1-b1a1970b0be1" src="https://images.axios.com/AxX2wH0hKG5yFhBkfjjaKbElz1k=/2026/05/10/1778422141645.gif" width="800"/><figcaption>Portlanders have a feisty new team to root for. Image: Kale Williams/Axios</figcaption></figure>It was part coming-out party, part homecoming and all celebration at Moda Center on Saturday as the <a class="gtmContentClick" data-vars-link-text="WNBA&#x27;s newest franchise" data-vars-click-url="https://www.axios.com/local/portland/2026/01/22/wnba-portland-fire-debut-schedule-labor-dispute" data-vars-content-id="c9c2c91c-0271-4826-bfca-1c9a4bc5c859" data-vars-headline="Portland Fire debut before record WNBA crowd" data-vars-event-category="story" data-vars-sub-category="story" data-vars-item="in_content_link" href="https://www.axios.com/local/portland/2026/01/22/wnba-portland-fire-debut-schedule-labor-dispute" target="_self">WNBA&#x27;s newest franchise</a> tipped off their inaugural season.Why it matters: The Portland Fire didn&#x27;t win their first game, but that was the least of concerns for the record-setting crowd that roared with every point scored for the home team.

Blazers blow back-to-back leads, face elimination

Portland heads to San Antonio needing a win after two late-game collapses.

Two games, two blown leads and two losses to the Spurs over the weekend have the <a class="gtmContentClick" data-vars-link-text="Blazers" data-vars-click-url="https://www.axios.com/local/portland/2026/04/13/blazers-two-chances-nba-playoffs-play-in" data-vars-content-id="29301817-de95-449b-ac76-92be1b49f144" data-vars-headline="Blazers blow back-to-back leads, face elimination" data-vars-event-category="story" data-vars-sub-category="story" data-vars-item="in_content_link" href="https://www.axios.com/local/portland/2026/04/13/blazers-two-chances-nba-playoffs-play-in" target="_self">Blazers</a> on the precipice.Why it matters: Portland will play to keep their season alive Tuesday in San Antonio after a pair of late-game letdowns.

Where races stand in Oregon's May primary election

State Rep. Christine Drazan picked up the Republican nominee for governor.

State Sen. Christine Drazan is Oregon&#x27;s Republican nominee for governor, capturing 43 % of the vote in <a class="gtmContentClick" data-vars-link-text="Tuesday&#x27;s primary election" data-vars-click-url="https://www.axios.com/local/portland/2026/04/28/oregon-primary-gas-tax-measure-120-gop-governor-race" data-vars-content-id="a4323354-ff09-42b2-8096-47bf4c66757c" data-vars-headline="Where races stand in Oregon&#x27;s May primary election" data-vars-event-category="story" data-vars-sub-category="story" data-vars-item="in_content_link" href="https://www.axios.com/local/portland/2026/04/28/oregon-primary-gas-tax-measure-120-gop-governor-race" target="_self">Tuesday&#x27;s primary election</a>, according to the Associated Press.The big picture: Drazan beat out <a class="gtmContentClick" data-vars-link-text="a crowded field" data-vars-click-url="https://www.axios.com/local/portland/2026/04/24/oregon-republican-primary-governor-kotek-criticism" data-vars-content-id="a4323354-ff09-42b2-8096-47bf4c66757c" data-vars-headline="Where races stand in Oregon&#x27;s May primary election" data-vars-event-category="story" data-vars-sub-category="story" data-vars-item="in_content_link" href="https://www.axios.com/local/portland/2026/04/24/oregon-republican-primary-governor-kotek-criticism" target="_self">a crowded field</a> of candidates — including ex-Blazer Chris Dudley, state Rep. Ed Diehl and Marion County commissioner Danielle Bethell — to set up a rematch with Gov. Tina Kotek in November.

Oregon voters reject transportation tax package

Lawmakers must now find another way to fund road repairs and transportation projects.

Oregon voters overwhelmingly rejected <a class="gtmContentClick" data-vars-link-text="a hike in gas taxes" data-vars-click-url="https://www.axios.com/local/portland/2026/04/28/oregon-primary-gas-tax-measure-120-gop-governor-race" data-vars-content-id="a59b6d62-c76e-4d00-a31b-96dc09d6a827" data-vars-headline="Oregon voters reject transportation tax package" data-vars-event-category="story" data-vars-sub-category="story" data-vars-item="in_content_link" href="https://www.axios.com/local/portland/2026/04/28/oregon-primary-gas-tax-measure-120-gop-governor-race" target="_self">a hike in gas taxes</a> and other vehicle fees to fund transportation in Tuesday&#x27;s primary election, according to the Associated Press.Why it matters: The vote was the culmination of a long-running fight over how to fund road maintenance and transportation projects, but leaves many unanswered questions about where the state goes from here.

Portland councilors push budget changes ahead of final vote

More than 50 amendments target issues including public safety and homelessness spending.

Portland city councilors are considering more than 50 amendments to the <a class="gtmContentClick" data-vars-link-text="mayor&#x27;s proposed budget" data-vars-click-url="https://www.axios.com/local/portland/2026/04/21/portland-budget-cuts-jobs-police-parks-homeless-services" data-vars-content-id="817fa45b-e2b2-4997-a0a7-0e3a55c38f46" data-vars-headline="Portland councilors push budget changes ahead of final vote" data-vars-event-category="story" data-vars-sub-category="story" data-vars-item="in_content_link" href="https://www.axios.com/local/portland/2026/04/21/portland-budget-cuts-jobs-police-parks-homeless-services" target="_self">mayor&#x27;s proposed budget</a> this week.Why it matters: The amendments reflect competing priorities regarding public safety, homelessness and climate spending as Portland confronts a roughly $160 million budget deficit.

Soccer, with a side of opera, arrives at Lents Park this weekend

Opera singers, mascots and soccer arrive at Lents Park this weekend.

If you missed the <a class="gtmContentClick" data-vars-link-text="Fire&#x27;s return" data-vars-click-url="https://www.axios.com/local/portland/2026/05/10/portland-fire-record-wnba-debut-crowd" data-vars-content-id="f8f3055e-37b9-4db7-a64e-8ac0c6260c98" data-vars-headline="Soccer, with a side of opera, arrives at Lents Park this weekend" data-vars-event-category="story" data-vars-sub-category="story" data-vars-item="in_content_link" href="https://www.axios.com/local/portland/2026/05/10/portland-fire-record-wnba-debut-crowd" target="_self">Fire&#x27;s return</a> to town last week, you&#x27;ve got two chances to see Portland teams open their seasons this weekend.Why it matters: The Bangers and the Cherry Bombs, the city&#x27;s pre-professional men&#x27;s and women&#x27;s soccer clubs, are debuting a larger Lents Park venue as the Cherry Bombs launch their inaugural season.

Oregonian columnist, councilor square off over Moda funding

The fight over public funding for the Moda Center is turning personal.

A war of words has erupted between the Oregonian&#x27;s sports columnist and a city councilor over whether Portland should <a class="gtmContentClick" data-vars-link-text="pony up millions" data-vars-click-url="https://www.axios.com/local/portland/2026/03/12/oregon-lawmakers-approve-moda-center-funding-reader-backlash" data-vars-content-id="6d08e324-5017-4b4a-834d-d0cee0a4d183" data-vars-headline="Oregonian columnist, councilor square off over Moda funding" data-vars-event-category="story" data-vars-sub-category="story" data-vars-item="in_content_link" href="https://www.axios.com/local/portland/2026/03/12/oregon-lawmakers-approve-moda-center-funding-reader-backlash" target="_self">pony up millions</a> in public money to rehab the Moda Center.Why it matters: Depending on who you believe, the City Council is either about to sign a blank check of taxpayer funds to a billionaire or getting ready to <a class="gtmContentClick" data-vars-link-text="send the Blazers packing" data-vars-click-url="https://www.axios.com/local/portland/2026/02/09/blazers-arena-funding-future" data-vars-content-id="6d08e324-5017-4b4a-834d-d0cee0a4d183" data-vars-headline="Oregonian columnist, councilor square off over Moda funding" data-vars-event-category="story" data-vars-sub-category="story" data-vars-item="in_content_link" href="https://www.axios.com/local/portland/2026/02/09/blazers-arena-funding-future" target="_self">send the Blazers packing</a> if it doesn&#x27;t.

Multnomah County homelessness likely to rise amid cuts

County leaders warn that shelter and outreach cuts may increase homelessness next year.

<a class="gtmContentClick" data-vars-link-text="Homelessness" data-vars-click-url="https://www.axios.com/local/portland/2026/01/22/oregon-homelessness-shelter-growth-2025" data-vars-content-id="401428c1-060d-456e-81d6-14a930ac1fa2" data-vars-headline="Multnomah County homelessness likely to rise amid cuts" data-vars-event-category="story" data-vars-sub-category="story" data-vars-item="in_content_link" href="https://www.axios.com/local/portland/2026/01/22/oregon-homelessness-shelter-growth-2025" target="_self">Homelessness</a> in Multnomah County is projected to increase through next summer amid looming cuts to shelter and outreach services.Why it matters: Multnomah County faces a projected $67 million budget shortfall that could reduce homelessness services as the number of people experiencing homelessness continues to rise.

Columbia Slough cleanup brings neglected waterway back to life

A major restoration project is turning a once-polluted waterway into a thriving habitat.

Environment

Behind a chain-link fence at the end of a road in Northeast Portland, a stretch of one of the city&#x27;s most neglected and <a class="gtmContentClick" data-vars-link-text="polluted waterways" data-vars-click-url="https://www.axios.com/local/portland/2026/03/26/harbor-cleanup-soil-fill-toxic-lagoon-plan" data-vars-content-id="d6442b72-5feb-45e5-b4b3-a4a5a84b0794" data-vars-headline="Columbia Slough cleanup brings neglected waterway back to life" data-vars-event-category="story" data-vars-sub-category="story" data-vars-item="in_content_link" href="https://www.axios.com/local/portland/2026/03/26/harbor-cleanup-soil-fill-toxic-lagoon-plan" target="_self">polluted waterways</a> is getting new life.Why it matters: The Columbia Slough, which runs parallel to the Columbia for about 19 miles, has been turned into a natural oasis in a heavily industrialized pocket of Portland.

Mono Space wants to redefine how you hear music

The Pearl District listening gallery treats music as art.

Music

On a recent Friday night, roughly 50 strangers were sprawled out in front of three massive, 4-foot-tall Baltic birch wood speakers listening to Kate Bush&#x27;s 1985 album &quot;Hounds of Love.&quot;<ul><li>Some lay atop bean bag chairs, others crunched together on Togo sofas. Some cupping their hands behind their ears to intensify the sound, others with their eyes closed.</li></ul>The place is Mono Space — a high-fidelity &quot;listening gallery&quot; in the heart of Portland&#x27;s Pearl District that opened just last year, where phones are put away, shoes are kicked off and the sole focus is the music.

Top 9 Portland events to catch this May

Warmer weather and <a class="gtmContentClick" data-vars-link-text="later sunsets" data-vars-click-url="https://www.axios.com/local/portland/2026/04/17/portland-s-8-p-m-sunset-season-starts-tomorrow" data-vars-content-id="1ff1e35f-433d-4bda-8be6-eb16f9910d24" data-vars-headline="Top 9 Portland events to catch this May" data-vars-event-category="story" data-vars-sub-category="story" data-vars-item="in_content_link" href="https://www.axios.com/local/portland/2026/04/17/portland-s-8-p-m-sunset-season-starts-tomorrow" target="_self">later sunsets</a> mean friends and family are more willing to make plans past 6pm these days. So take advantage of all that May has to offer — festivals, live music, art shows and plenty of reasons to leave the house — with these nine can&#x27;t-miss events.

Oregon Outside: Gorge wildflowers nearing peak bloom

Wildflowers are at or near peak bloom in many parts of the Columbia River Gorge.

The time to seek out one of nature&#x27;s most beautiful displays is here — spring <a class="gtmContentClick" data-vars-link-text="wildflower season" data-vars-click-url="https://www.axios.com/local/portland/2023/04/24/wildflowers-hikes-oregon-washington-pacific-northwest" data-vars-content-id="f23320c9-f1ac-405b-90ad-75d6d99cae95" data-vars-headline="Oregon Outside: Gorge wildflowers nearing peak bloom" data-vars-event-category="story" data-vars-sub-category="story" data-vars-item="in_content_link" href="https://www.axios.com/local/portland/2023/04/24/wildflowers-hikes-oregon-washington-pacific-northwest" target="_self">wildflower season</a> is at or near peak bloom in many parts of the Columbia River Gorge.Why it matters: This ephemeral explosion of color doesn&#x27;t last long.

What to do in Portland in April

April packs a little bit of everything in Portland — big crowds, colorful blooms and plenty of ways to get out and enjoy what the start of spring has to offer.Here are some of the things we&#x27;re most looking forward to.

Hockney exhibition explores decades-long career

The exhibition features more than 200 works spanning six decades.

Portlanders don&#x27;t have to fly to New York, London or Los Angeles to immerse themselves in David Hockney&#x27;s vibrant world of poolside turquoise blues, explosive fuchsia skies and electric green landscapes.The big picture: A sweeping, six-decade exhibition featuring more than 200 works by Hockney is on view at <a class="gtmContentClick" data-vars-link-text="the newly renovated Portland Art Museum" data-vars-click-url="https://www.axios.com/local/portland/2025/11/14/art-museum-reopens-expansion-rothko-galleries" data-vars-content-id="edb981a4-cffb-45eb-8212-7665c2c7786e" data-vars-headline="Hockney exhibition explores decades-long career" data-vars-event-category="story" data-vars-sub-category="story" data-vars-item="in_content_link" href="https://www.axios.com/local/portland/2025/11/14/art-museum-reopens-expansion-rothko-galleries" target="_self">the newly renovated Portland Art Museum</a> and explores how he embraced reinvention throughout his career.

Fremont Garage turns old auto shop into food cart plaza

Plus: The adjacent street will close to traffic in July to pilot a community plaza.

Food and Drink

A 100-year-old automotive garage has been transformed into a food cart pod and community plaza on a popular stretch of Northeast Fremont.The big picture: Once home to Barrett Automotive, Fremont Garage is opening just before Memorial Day and will host nearly a dozen food carts in a revamped, racing-themed space designed to feel less like a parking lot and more like a neighborhood &quot;town square,&quot; general manager Tyler Caffal told Axios.

Well-seasoned smash burgers at Southeast Portland's Steely's

Steely's pairs crisp smash burgers with beer and a relaxed hangout vibe.

Smash <a class="gtmContentClick" data-vars-link-text="burgers" data-vars-click-url="https://www.axios.com/local/portland/2025/08/11/portland-s-burger-week-2025-brings-record-100-restaurant-lineup" data-vars-content-id="cecd81bd-0727-4c29-94cf-83f51e3cc720" data-vars-headline="Well-seasoned smash burgers at Southeast Portland&#x27;s Steely&#x27;s" data-vars-event-category="story" data-vars-sub-category="story" data-vars-item="in_content_link" href="https://www.axios.com/local/portland/2025/08/11/portland-s-burger-week-2025-brings-record-100-restaurant-lineup" target="_self">burgers</a> have become the norm in recent years, but finding a good one is still a challenge.What to expect: <a class="gtmContentClick" data-vars-link-text="Steely&#x27;s" data-vars-click-url="https://www.instagram.com/steelys_pdx/" data-vars-content-id="cecd81bd-0727-4c29-94cf-83f51e3cc720" data-vars-headline="Well-seasoned smash burgers at Southeast Portland&#x27;s Steely&#x27;s" data-vars-event-category="story" data-vars-sub-category="story" data-vars-item="in_content_link" href="https://www.instagram.com/steelys_pdx/" target="_blank">Steely&#x27;s</a>, a new spot on Southeast Hawthorne, delivers with tasty burgers, a nice tap list of beers and ample space to take a date, watch a game or even get some remote work done.

The lines at Pipsqueak Bagels are worth it

Pipsqueak doubled production to 2,000 bagels daily after early sellouts, but you'll still want to get there early.

If you head to Portland&#x27;s hottest bagel destination — <a class="gtmContentClick" data-vars-link-text="Pipsqueak Bagels" data-vars-click-url="https://www.axios.com/local/portland/2026/04/09/pipsqueak-bagels-opens-with-new-york-style-hype" data-vars-content-id="97383bdf-c021-4da3-948b-e7643538708d" data-vars-headline="The lines at Pipsqueak Bagels are worth it" data-vars-event-category="story" data-vars-sub-category="story" data-vars-item="in_content_link" href="https://www.axios.com/local/portland/2026/04/09/pipsqueak-bagels-opens-with-new-york-style-hype" target="_self">Pipsqueak Bagels</a> — expect pillowy sandwiches, savory schmears and lines that stretch down the block.

Franz turns 120: Why its outlet deals are worth the trip

Portlanders are lucky to have three outlets offering products at steep discounts.

<figure><img alt="Animated sign shaped like a loaf of bread atop a building reads Franz Bakery, Since 1906, with the wrapper twisting as if unwrapping. Blue sky, power lines crossing, tree leaves in corner above the roof." height="457" id="20b0d743-e7e5-4caf-b297-769fab25887c" src="https://images.axios.com/1GG0F5t3o04igRWvXGpPSXRW-lg=/2026/04/10/1775849021048.gif" width="800"/><figcaption>Fun fact: The spinning bread sign weighs 5,000 pounds and was installed to celebrate Franz&#x27;s 50th anniversary in 1956. Image: Meira Gebel/Axios</figcaption></figure>In 1906, three Austrian-born brothers purchased their uncle&#x27;s bakery, launching what became Franz Bakery — a Portland institution known for producing <a class="gtmContentClick" data-vars-link-text="nearly a million" data-vars-click-url="https://www.pdxmonthly.com/news-and-city-life/2026/04/franz-bakery-buns-bread-portland" data-vars-content-id="6755af2d-874f-4572-a214-98050f3d5a52" data-vars-headline="Franz turns 120: Why its outlet deals are worth the trip" data-vars-event-category="story" data-vars-sub-category="story" data-vars-item="in_content_link" href="https://www.pdxmonthly.com/news-and-city-life/2026/04/franz-bakery-buns-bread-portland" target="_blank">nearly a million</a> buns and rolls per day at its five-block headquarters in Kerns.The big picture: Franz has grown into one of the West&#x27;s largest family-owned bakeries over the last 120 years. It now has multiple brands under its umbrella and sells dozens of pantry staples, including classic and specialty loaves as well as a variety of baked goods.

Oregon diners leave higher tips than West Coast neighbors

Diners are still spilt on whether they prefer tipping or paying a service fee.

When dining out, Oregonians tend to leave a 19% tip or higher on average, per Toast&#x27;s latest <a class="gtmContentClick" data-vars-link-text="restaurant trends report" data-vars-click-url="https://pos.toasttab.com/blog/data/toast-restaurant-trends-report-coffee-prices-2026" data-vars-content-id="6a955075-8a97-426f-aae5-163cda107995" data-vars-headline="Oregon diners leave higher tips than West Coast neighbors" data-vars-event-category="story" data-vars-sub-category="story" data-vars-item="in_content_link" href="https://pos.toasttab.com/blog/data/toast-restaurant-trends-report-coffee-prices-2026" target="_blank">restaurant trends report</a>.The big picture: That&#x27;s about the same as the nationwide average for <a class="gtmContentClick" data-vars-link-text="tips" data-vars-click-url="https://www.axios.com/2025/09/01/no-tax-on-tips-jobs-trump-bill" data-vars-content-id="6a955075-8a97-426f-aae5-163cda107995" data-vars-headline="Oregon diners leave higher tips than West Coast neighbors" data-vars-event-category="story" data-vars-sub-category="story" data-vars-item="in_content_link" href="https://www.axios.com/2025/09/01/no-tax-on-tips-jobs-trump-bill" target="_self">tips</a> left at full-service restaurants in Q4 2025, but higher than both our West Coast neighbors.

Guay Tiew brings Thai noodle bowls to Pearl

Portland&#x27;s roster of <a class="gtmContentClick" data-vars-link-text="stand-out Thai food" data-vars-click-url="https://www.axios.com/local/portland/2025/12/01/ok-chicken-khao-soi-portland-opening" data-vars-content-id="d500fd4b-f4d8-4482-8046-e694491e73ff" data-vars-headline="Guay Tiew brings Thai noodle bowls to Pearl" data-vars-event-category="story" data-vars-sub-category="story" data-vars-item="in_content_link" href="https://www.axios.com/local/portland/2025/12/01/ok-chicken-khao-soi-portland-opening" target="_self">stand-out Thai food</a> just got deeper with the recent addition of <a class="gtmContentClick" data-vars-link-text="Guay Tiew" data-vars-click-url="https://www.guaytiewpdx.com/" data-vars-content-id="d500fd4b-f4d8-4482-8046-e694491e73ff" data-vars-headline="Guay Tiew brings Thai noodle bowls to Pearl" data-vars-event-category="story" data-vars-sub-category="story" data-vars-item="in_content_link" href="https://www.guaytiewpdx.com/" target="_blank">Guay Tiew</a> in the Pearl District.The big picture: From the team behind Khao Moo Dang and Thai Peacock, the new counter service restaurant focuses on one of the country&#x27;s most popular street food dishes: build-your-own noodle soup bowls.

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