Thursday's top stories


Shawna Chen
Updated May 12, 2022 - Economy & Business

Black economists make up only 1.5% of Fed staff

House Republican wants visa applicants to declare communist ties

Rep. Jim Banks is seen speaking during a news conference.
Rep. Jim Banks. Photo: Kevin Dietsch/Getty Images

Zoom takes over movie production

The Walt Disney Studios executive Vice President of theatrical distribution Tony Chambers speaks about the upcoming Marvel Studios movie "Doctor Strange in the Multiverse of Madness."
Tony Chambers, Walt Disney Studios' executive vice president of theatrical distribution, speaks about the Marvel Studios movie, "Doctor Strange in the Multiverse of Madness." Photo: Gabe Ginsberg/WireImage
Brady Dale
May 12, 2022 - Economy & Business

How crypto bear markets work

Illustration of a bear claw holding a crypto coin.
Illustration: Aïda Amer/Axios

What to know about controversial GOP Pennsylvania Senate candidate Kathy Barnette

Pennsylvania U.S. Senate candidate Kathy Barnette listens to speakers at a Republican leadership forum at Newtown Athletic Club on May 11, 2022 in Newtown, Pennsylvania.
Pennsylvania U.S. Senate candidate Kathy Barnette at Newtown Athletic Club on May 11 in Newtown, Pa. Photo: Michael M. Santiago/Getty Images
Brady Dale
May 12, 2022 - Economy & Business

Terra briefly halts blockchain amid stablecoin uproar

Illustration of an index finger emoji wagging back and forth.
Illustration: Brendan Lynch/Axios

Fed chair Jerome Powell confirmed to second term

Photo: Win McNamee/Getty Images

Trump warns panicking GOP against nominating Kathy Barnette in PA

Former President Donald Trump speaks.
Donald Trump. Photo: Jeff Swensen/Getty Images

Jan. 6 panel subpoenas McCarthy, four other GOP lawmakers

House Minority Leader Kevin McCarthy (R-Calif.) speaks with Rep. Jim Jordan (R-Ohio)
House Minority Leader Kevin McCarthy (R-Calif.) speaks with Rep. Jim Jordan (R-Ohio). Photo: Jabin Botsford/The Washington Post via Getty Images

Twitter freezes hiring, rescinds some offers as top execs depart

Photo: Amy Osborne/AFP via Getty Images
Stephen Totilo
May 12, 2022 - Technology

A worker reckoning at Nintendo

Animated GIF of a fist emerging from a green Super Mario pipe
Illustration: Shoshana Gordon/Axios
Oriana Gonzalez
May 12, 2022 - World

UN Human Rights Council votes to start war crimes probe in Kyiv

Picture of Michelle Bachelet
Michelle Bachelet, UN high commissioner for human rights. Photo: Luiz Rampelotto/NurPhoto via Getty Images
Alison Snyder
May 12, 2022 - Science

Astronomers capture first image of black hole at center of Milky Way

Credit: Event Horizon Telescope Collaboration
The first image of Sagittarius A*, or Sgr A*, the supermassive black hole at the center of the Milky Way. Source: Event Horizon Telescope Collaboration

Southwest "megadrought" leads to wildfires and new homicide evidence

Lina Khan's to-do list on Big Tech

Photo illustration of Lina Khan with the Capitol Building, a gavel, and binary code
Photo illustration: Sarah Grillo/Axios. Photo: An Rong Xu/Washington Post via Getty Images

Airfare inflation is the new used car inflation

Heinz working on paper ketchup bottle

A proposed all-paper Heinz ketchup bottle.
What the new paper ketchup bottle might look like. Image courtesy of Kraft Heinz

Deaths from COVID begin to rise again

Opioid abuse treatments don't reach those most at risk

Caitlin Owens
May 12, 2022 - Health

Biden administration and GOP clash over vaccine strategy

Illustration of pattern of blue Covid-19 vaccine bottles on top of red and white stripes of American flag.
Illustration: Rae Cook/Axios

Overturning Roe could reverse economic gains

Illustration of a woman sitting on a small stack of quarters while in the shadow of a larger stack of quarters.
Aïda Amer/Axios
Zachary Basu
May 12, 2022 - World

Finland's leaders declare support for joining NATO

Biden administration cancels 3 major offshore oil lease sales

A petroleum tanker ship passes through the Aransas Channel from the Gulf of Mexico en route to the Port of Corpus Christi on May 27, 2020 in Port Aransas, Texas.
A petroleum tanker ship passes through the Aransas Channel from the Gulf of Mexico in Port Aransas, Texas, in 2020. Photo: Tom Pennington/Getty Images
Rebecca Falconer
Updated May 12, 2022 - World

North Korea enters "severe emergency" lockdown after confirming COVID case

A pupil has her temperature taken as part of anti Covid-19 procedures before entering the Pyongyang Secondary School No. 1 in Pyongyang on June 22, 2021.
A student has her temperature taken as part of precautionary measures against COVID-19 before entering the Pyongyang Secondary School No. 1 in Pyongyang, North Korea, last June. Photo: Kim Won Jin/AFP via Getty Images

GOP panics over ‘ultra-MAGA’ Pennsylvania Senate wild card

Illustration: Brendan Lynch/Axios