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Four people on a speedboat were killed and six injured in a "confrontation" near Cuba after those on the U.S.-registered vessel opened fire on Cuban troops, the Cuban Ministry of the Interior said.
Cindy McCain will be stepping down as head of the United Nations World Food Programme to focus on her health, the humanitarian organization announced on Thursday.
| Keywords | cindy-mccainworld-food-programmeununited-nationshumanitarian-reliefglobal-healthleadershipstepping-downabc-newsbreaking-newspoliticsgovernment-policyhealthwashington-dcglobal-politics |
The K-shaped economy — wealthy Americans propping up consumer spending while poorer consumers increasingly pull back — has become the economic consensus. - One big problem: Some economists warn that the narrative has outrun the data supporting it. Why it matters: The narrative has seeped into how CEOs explain spending patterns and how economic policymakers think about risk. Getting this wrong may make the economy look more resilient than it is, with less of a shock absorber than previously believed if conditions turn quickly. What they're saying: "The narrative of K-shaped growth appears to be exaggerated, downplaying risks of a fragile expansion," a team of economists at Barclays wrote in a note earlier this month. The intrigue: The…
The average long-term U.S. mortgage rate slipped this week below 6% for the first time since late 2022, good news for home shoppers as the spring homebuying season gets rolling
| Keywords | mortgage-rateshousing-marketreal-estateeconomyfinanceinterest-rateshomebuyingus-economy30-year-fixedpropertyfinancial-newsmortgagehomeownersspring-seasoneconomic-indicators |
A Bitcoin baron wants to build a libertarian paradise on the island of Nevis. Democracy is getting in the way.
| Keywords | nevistlibertariancryptobitcoinst-kitts-and-nevispoliticsdemocracybusinesstax-havendigital-currencyblockchaininvestmentsmall-island-stateslibertarianismfintecheconomic-development |
Mayor Zohran Mamdani’s trip to the White House on Thursday was unannounced. The topics he planned to discuss with President Trump were not immediately clear.
| Keywords | zohran-mamdanitrumpdonald-trumpwhite-housewashingtonnycny-politicsmayorus-politicsgovernmentmeetingpolitical-newsred-green-axis |
The evidence is patchy on whether lower rates have meaningfully spurred more activity, as the Trump administration floats measures it says will make housing more affordable.
Companies across sectors are confronting an increasingly unavoidable narrative: AI can replicate your business. Why it matters: Narrative volatility is a new risk category that communications teams must prepare for in the age of AI . - All it takes is one widely read doomsday essay, research paper or X thread to knock billions off a company's market cap. Case in point: A viral 7,000-word memo that warned of a hypothetical AI future — in which companies rush to replace human workers with AI tools that themselves are rapidly commoditized — sent markets tumbling. - Meanwhile, essays from AI founders and researchers are shaping investor psychology, and product rollouts from AI giants like Anthropic are being treated as existential…
Data: AP-NORC; Chart: Kavya Beheraj/Axios Most U.S. adults are concerned about the threat Iran poses to the U.S., but a majority say they don't trust President Trump 's handling of foreign affairs, according to a new AP-NORC poll . Why it matters: Thursday's nuclear talks between the Trump administration and Iran could be the last chance for a diplomatic solution before the president opts for military action. - The White House did not immediately respond to a request for comment from Axios on the poll's findings. By the numbers: 80% of adults express at least a moderate degree of concern that Iran's nuclear program poses a direct threat to the U.S. Of those, 48% are very or extremely concerned. - Meanwhile, 56% do not trust Trump to…
Activists who say they are in coordination with the White House are circulating a draft executive order that would unlock extraordinary presidential power over voting.