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Wong Maye-E / AP

After a reprieve over the weekend with the bellyflop of the North Korean missile test, experts warn that tensions with the U.S. will "remain dangerously high for the indefinite future."

Why it matters: Just 12 days from Trump's 100-day mark, his biggest test (including of his vow to both talk and act tough) is unfolding in real time — with massive global consequences.

The New York Times captures it most memorably in a front-page analysis by David Sanger and Bill Broad: "What is playing out, said Robert Litwak of the Woodrow Wilson International Center for Scholars, ... is 'the Cuban missile crisis in slow motion,' but the slow-motion part appears to be speeding up."

We can hear that unmistakably in remarks today by Vice President Pence inside the Demilitarized Zone between North and South Korea — at Freedom House, a few meters from the military demarcation line, which he described as a "frontier of freedom," per a pool report by AFP's Andrew Beatty:

"Asked his message to the people of North Korea, VPOTUS said: ... 'the era of strategic patience is over.'"
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Go deeper

Dion Rabouin, author of Markets
22 mins ago - Economy & Business

How the tech stock selloff is hurting average Americans

Expand chart
Data: FactSet; Chart: Axios Visuals

Investors holding the ultra-popular Nasdaq 100 and S&P 500 index funds have been hard hit over the last two weeks as tech shares have been roiled by rising U.S. Treasury yields.

Why it matters: Even though the economy is growing and many U.S. stocks are performing well, most investors are seeing their wealth decline because major indexes no longer reflect the overall economy or even a broad swath of public companies — they reflect the performance of a few of the country's biggest companies.

47 mins ago - World

UN rights chief: At least 54 killed, 1,700 detained since Myanmar coup

A Feb. 7 protest in Yangon, Myanmar. Photo: Getty Images/Getty Images

Police and military officers in Myanmar have killed at least 54 people during anti-coup protests, while "arbitrarily" detaining over 1,700 people, United Nations Human Rights Commissioner Michelle Bachelet said Thursday.

Why it matters: Protesters have demonstrating across Myanmar for nearly a month, demanding the restoration of democracy after the country's military leaders overthrew its democratically elected government on Feb. 1.

2 hours ago - Health

The danger of a fourth wave

Expand chart
Data: The COVID Tracking Project, state health departments; Note: Anomalous Arkansas case data from Feb. 28 was not included in the calculated change; Map: Andrew Witherspoon/Axios

The U.S. may be on the verge of another surge in coronavirus cases, despite weeks of good news.

The big picture: Nationwide, progress against the virus has stalled. And some states are ditching their most important public safety measures even as their outbreaks are getting worse.