🎰 Hello from Vegas, where I and several Axios colleagues are attending the world's largest tech convention — CES, formerly the Consumer Electronics Show.
Before Iran launched more than a dozen ballistic missiles last night at U.S. forces in Iraq, President Trump drew the brightest red line of his presidency when he tweeted a warning Saturday to Iran about hitting "American assets."
Why it matters, from Axios' Jonathan Swan: Experts see that aftermath as a best-case scenario for de-escalation.
Here's the latest on Iran's retaliatory strike, via AP:
Trump, who'll address the nation this morning, tweeted: "All is well!"
A hopeful signal from Iranian Foreign Minister Mohammad Javad Zarif, who tweeted: "Iran took & concluded proportionate measures in self-defense ... We do not seek escalation or war, but will defend ourselves against any aggression."
Despite the Middle East unrest, America’s average gasoline prices have remained under $3 a gallon, Axios energy columnist Amy Harder reports.
Several events over the past few years, and especially the last nine months, have put the reliability of production in the oil-rich region at risk, including:
By the numbers:
How it works: No country can ever be truly "energy independent" (as the popular political messaging goes) because oil is traded on a global market. But America is as close to it right now as it’s ever been.
Saeed Jalili, a senior Iranian official who previously served as the country's chief nuclear negotiator, tweeted an image last night that appeared to mimic Trump's tweet after the drone strike on the Iranian general, reports Axios' Orion Rummler.
The federal government closed in D.C. at 1 p.m. yesterday for a surprise snowfall, seen here at the Lincoln Memorial Reflecting Pool.
A Ukrainian airliner burst into flames shortly after takeoff from Tehran today, "killing all 176 people aboard," Reuters reports.
Illustration: Rebecca Zisser/Axios
Apple announces today that its services business, which includes software for things like news, gaming, apps, music and video, had its best ever year in 2019, Axios' Sara Fischer reports.
Why it matters: Apple has been focusing on growing its services business as iPhone sales have dropped.
The backdrop: 2019 was a transformative year for Apple's services business. The tech giant introduced a gaming service called Apple Arcade, a subscription video service called Apple TV+, a subscription news app called Apple News+ and a credit card called Apple Card.
Speaker Pelosi cut short an impeachment discussion with her leadership team at the Capitol last night, after an aide handed her a note about the missile strikes.
Senate Majority Leader Mitch McConnell announced that he'll move ahead on approving rules for President Trump's Senate trial without negotiating them with Democrats, Axios' Alayna Treene reports.
Mike Bloomberg's economic agenda, out this morning, focuses on helping "the people and communities that have been short-changed by President Trump," with the goal of creating jobs and raising salaries, Axios' Alexi McCammond writes.
Bloomberg will travel to Illinois, Minnesota and Ohio to sell his "All-In Economy" agenda, and Axios will be at all three stops.
Ivanka Trump is interviewed by Consumer Technology Association CEO Gary Shapiro. Photo: Ina Fried/Axios
Ivanka Trump said at CES that Americans should be able to carry their diplomas and other important records on their smartphones, Axios' Ina Fried reports from Vegas.
Video of the talk, "The Path to the Future of Work."
Major League Baseball will investigate "whether the 2018 Red Sox illegally used video replay feeds to steal signs during games," the Boston Globe reports.
How it worked: "[P]layers shared the information among teammates, thus allowing base runners to relay pitches to hitters."
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