Data: Federal Reserve, FactSet ; Note: Includes both directly held stocks and shares held indirectly in mutual funds and ETFs, as a share of total assets of U.S. households and non-profits; Chart: Matt Phillips/Axios Americans are letting it ride, with a record share of their wealth in the stock market. Why it matters: It means that the AI-driven rally is enriching Americans more than usual and exposing them to potentially painful losses from a reversal. State of play: A record 33% of the total wealth of the U.S. household sector was in stocks at the end of 2025, according to Federal Reserve data. - That beats the ~30% during the meme stock-and-SPAC mania of 2021. - And tops the ~27% reached in Q1 2000, just as the internet boom peaked.…
Data: U.S. Census Bureau, Vintage 2025 Population Estimates ; Chart: Russell Contreras/Axios California is losing people from suburbs year after year, revealing a deeper demographic shift reshaping America's most populous state. Why it matters: If California's commuter engines keep shrinking, the state risks losing the diverse workforce that powers its economy — while shifting political clout to the states where those families relocate. - The cities losing people generally aren't the ultra-wealthy coastal enclaves typically associated with California flight, but places that were supposed to be attainable. By the numbers: A new Axios analysis of Census Bureau estimates reveals widespread population losses across parts of the Golden…
Israeli Prime Minister Benjamin Netanyahu's recent spat with President Trump over Lebanon underscored how his military objectives, and possibly his political survival, are dependent on a U.S. president who doesn't share his appetite for escalation. Why it matters: Trump and Netanyahu have coordinated very closely on Iran and speak almost daily. But officials on both sides have been cognizant that there could be a point in time when the allies' interests and objectives diverge. Some in Netanyahu's camp worry that time is now. - Netanyahu himself said Tuesday that it was an "open question" as to whether he and Trump were aligned on how the war with Iran should end. The big picture: With an election expected by October, Netanyahu hasn't…
Just when President Trump removed one thumb from the eye of Senate Republicans — scrapping his $1.8 billion "anti-weaponization fund" — he put another right back in with his choice of Bill Pulte as director of national intelligence. Why it matters: This time, the stakes are even higher: Democrats are threatening to let the government's spy powers lapse next week unless Trump yanks the appointment. State of play: Democratic outrage over Trump's latest moves usually doesn't amount to much. But Republicans need at least eight Democratic votes in the Senate to prevent the Foreign Intelligence Surveillance Act Section 702 from lapsing on June 12, potentially forcing Trump to choose between sticking with Pulte or keeping Section 702 alive. …
Some students with disabilities rely on assistive technology to learn, and they worry it could be swept up in the movement to get screens out of schools.
There are theories that "love" in the tennis context has French, English or Dutch origins. But like many words, historians and language experts say it's hard to pin down the "right" answer.