Situational awareness: AT&T will be allowed to complete its $85 billion acquisition of Time Warner, with a federal judge on Tuesday rejecting an antitrust challenge by the U.S. Justice Department.
Why it matters: The ruling is expected to set off a chain reaction of other mega-mergers, while the AT&T-Time Warner tie-up will remake the media, tech and telecom landscapes. Go deeper.
Illustration: Rebecca Zisser/Axios
Giving to charitable causes exceeded $400 billion for the first time in the U.S., an increase from nearly $390 billion in 2016, according to a study from Giving USA.
The big picture: America's charitable giving has been stable since the 1970s, whether you measure it as a share of disposable income or GDP.
Why it matters: The study credits the $400 billion mark to "a booming stock market and a strong economy," Axios' Marisa Fernandez reports. But the study warns that the rise of mega-gifts could erode support from middle-class donors.
Go deeper: More findings from the study
Former president George H.W. Bush is 94 today. He is the oldest living president in American history.
The Schwandt family poses for a photo at their farm in Lakeview, Mich. The 14-boy family ranges in age from 2 months to 25 years. And no girls. Photo: Mike Householder/AP
A Michigan couple — Jay and Kateri Schwandt — has 14 boys, the AP's Mike Householder reports.
What to watch tonight: Keep your eyes on governor's races in Maine, Nevada and South Carolina, as Democrats are competing to replace their state's Republican chief executive. Dive in.