The liberal pro-Israel group J Street is launching a $3 million offensive against five AIPAC-backed Republicans in some of the nation's most competitive midterm races, Axios has learned.
Why it matters: The battle over Israel, which roiled Democratic primaries and fueled tens of millions of dollars in outside spending, is spilling into the general election and pitting two pro-Israel groups against each other.
The Energy Department's statistics arm on Wednesday sharply raised its forecast for U.S. diesel prices next year as tight global supplies keep domestic inventories unusually low.
Why it matters: The outlook suggests Americans could face elevated fuel costs well into 2027, as President Trump acknowledged Wednesday that oil prices may not fall until after November's midterm elections.
President Trump used a call to restore German greatness Tuesday to celebrate a far-right party that others have denounced as antisemitic.
Why it matters: Trump promoting the AfD, or Alternative for Germany, comes as the nation's political mainstream has spent years keeping the party — which intelligence authorities has classified as extremist — out of power.
The AfD won a record 44% in Saxony-Anhalt's elections, putting Germany within reach of its first far-right state government since World War II.
Major banks are upping their oil price estimates for the months and even years ahead.
Why it matters: Despite White House claims that it controls the Strait of Hormuz, the status of the vital energy chokepoint and other regional shipping could be messy for a long time.
Home heating oil bills are likely to be massive this winter in the Northeast — and as one such homeowner, I am terrified.
Why it matters: Beyond my ability to keep my daughter and dog alive through the long, dark suburban winter, the looming shadow of the oil delivery truck underscores the costs consumers are bearing as a result of parallel wars in Iran and Ukraine.
U.S. gasoline prices averaged $4.15 for a gallon of regular on Tuesday, according to AAA.
Diesel hit an all-time high price of $5.90 a gallon on Monday and stayed there on Tuesday.
The Trump administration did not oppose a UK-led initiative to impose new sanctions on Israeli settlements in the occupied West Bank, U.S. officials and Western diplomats say.
Why it matters: The White House's decision not to push back on the UK effort, which 11 other Western countries have joined, is a signal of its frustration with the Netanyahu government's policy in the West Bank.
President Trump said the U.S. would ban Canadian alcohol, some dairy products and large motorcycles, sharply escalating a trade war largely fought with tariffs.
Why it matters: The measures deepen the economic rift between countries that have spent decades interlinking commerce, threatening disruption for businesses and consumers on both sides of the border.
Why it matters: It's an ignominious turn of events for a brash organization that lured some of the biggest stars away from the PGA Tour with enormous paydays that proved to be unsustainable.
Goldman Sachs' chief information officer Marco Argenti says companies shouldn't rule out the use of open-weight models, so long as they followa set of safeguards he shared exclusively with Axios.
The big picture: Argenti is adding his voice to a growing list of executives supporting open-weight models.
Democrats have gained sharply with Latino voters in some of the country's most competitive House districts since 2024, a new Hart Research/TelevisaUnivision poll shared exclusively with Axios shows.
Why it matters:President Trump came close to erasing Democrats' longtime advantage among Latinos in the last presidential election. Now, with control of Congress at stake and Trump's approval ratings hitting newlows, that breakthrough appears to have eroded.
