North Korea appears to have used a fake job interview as part of its months-long preparations to steal $6.3 billion from Binance, the crypto exchange said Tuesday.
Why it matters: The country's hackers are weaponizing both sides of the job market, posing as recruiters and job applicants to infiltrate companies and steal billions.
Data: FactSet; Chart: Axios/Matt Phillips; Note: Daily closes of continuous futures prices for Brent crude oil and New York Harbor Heating Oil #2.
U.S. diesel futures registered a muted response to Monday's tumble in global crude oil prices, with the suddenly politically salient price of the industrial fuel still up more than 100% from the end of 2025.
Why it matters: It shows that the destruction of global refining infrastructure, rather than shortages of crude oil, is the key to soaring diesel costs right now.
U.S. Army Pacific is preparing for a potential Chinese invasion of Taiwan in 2027 and beyond, aligning with what has for years been known as the Davidson window.
Why it matters: The Beijing-Taipei relationship is among the most closely watched in Washington — and could quickly devolve into a bloodbath.
"European rearmament" is catchy,convenient, clean.
But the truth, across many capitals, and in the minds and hands of those building factories and weaponry, is far more complicated.
Why it matters: The continent is at a crossroads. Unpredictability gnaws at the relationship to the west with the U.S., and stray Russian missiles and drones arrive on its doorstep to the east.
While an influx of defense spending is a solid start, many bottlenecks remain, entrenched by regulatory, political, geographical and cultural differences.
The Pentagon's former top military planner is under federal investigation and may face a court-martial for allegedly leaking to reporters from the Wall Street Journal and New York Times, according to three sources familiar with the controversy.
Why it matters: Former Army Lt. Gen. Brett Sylvia was fired by Defense Secretary Pete Hegseth last week after being accused of misconduct as part of the department's war on leaks.
The U.S., Russia and Ukraine will hold peace talks in Abu Dhabi on Nov. 10-11 in an effort to reach a breakthrough on a deal to end the war.
Why it matters: U.S. officials say the meeting to restart a diplomatic effort suspended in February due to the war in Iran is a result of talks President Trump's envoys Steve Witkoff and Jared Kushner held with Ukrainian President Volodymyr Zelensky and Russian President Vladimir Putin in recent weeks.
A federal judge on the eve of Election Day barred the Trump administration from demanding California officials set aside ballots from registered voters it suspects are noncitizens, finding the effort likely violates the Constitution.
Why it matters: Courts had already rejected the Justice Department's attempts to force California to separate the ballots.
Monday's ruling goes a step further, directly barring federal officials from making those demands even as DOJ turns to the Supreme Court to compel the state to comply.
President Trump told Axios in a phone interview Monday he's "in no rush" to decide whether to resume fighting in Iran.
Why it matters: The midterm elections have been seen as an inflection point for Trump on whether to unleash a massive bombing campaign to try to bring the war to an end.
But it appears the president, at least for now, will continue on dual tracks — letting negotiations play out while preparing to go back to war if he concludes a deal isn't reachable.
The world seems convinced the end is near — and social media is amplifying that belief, convincing people to stock up on food, water, generators and other items.
Why it matters: Online chatter is fueling viral predictions of societal collapse amid growing unease about the future. But you're probably not going to die tomorrow.
Lots of companies successfully price IPOs. Lots of other companies try to price IPOs, but cancel the process when it goes wobbly.
OPay appears to be the only company to have successfully priced its IPO, and then thrown in the towel. Just hours before its shares were set to begin trading.
After another rough week for the AI trade, stocks seem to be bracing for more uncertainty in the days ahead.
Why it matters: While the AI trade has sputtered, the S&P 500 has managed to largely tread water thanks to strength from shares tied to the basics of the economy, like consumer staples, health care and utilities. (Soaring oil shares didn't hurt either.)
But Tuesday's U.S. midterm elections and the potential reescalation of major fighting in the Iran war after the vote pose another potential hurdle to the market.
