ABCNEWS - Rep. Max Miller says he won't drop his reelection bid amid domestic abuse allegations
Miller denied the allegations to Trump and showed no interested in leaving the race, sources say
ABCNEWS - Rep. Chuck Edwards withdraws from reelection campaign in North Carolina
Edwards said he would complete his current term.
AXIOS (Matt Phillips) - Investors can't stop believing
Data: FactSet; Chart: Matt Phillips/Axios Who cares about war, oil prices, interest rates or an AI bubble? Investors apparently do not — for now at least — sending stocks back to record highs. Why it matters: High stock prices are critical to keeping funds flowing to the AI buildout. - A significant erosion of investors' confidence in stocks would be a big risk to the AI flywheel of financial flows, capital expenditures and industrial activity driving the U.S. economy. Catch up quick: Some analysts and investors had worried that the markets were beginning to deflate, as the S&P 500 failed to advance in June or July. - Previously high-flying chip stocks hit an air pocket in early June. - The slump then spread to hyperscalers, with…
Data: FactSet; Chart: Matt Phillips/Axios Who cares about war, oil prices, interest rates or an AI bubble? Investors apparently do not — for now at least — sending stocks back to record highs. Why it matters: High stock prices are critical to keeping funds flowing to the AI buildout. - A significant erosion of investors' confidence in stocks would be a big risk to the AI flywheel of financial flows, capital expenditures and industrial activity driving the U.S. economy. Catch up quick: Some analysts and investors had worried that the markets were beginning to deflate, as the S&P 500 failed to advance in June or July. - Previously high-flying chip stocks hit an air pocket in early June. - The slump then spread to hyperscalers, with…Open
AXIOS (Jim VandeHei) - We're headed toward the first true AI election
This will be the first election cycle where AI is both a dominant policy debate — and a widely deployed political weapon. Why it matters: AI allows both candidates and bad actors to persuade and perplex with unprecedented speed, scale and precision in our elections. Watch what works, as those same techniques will likely be used against YOU. What to watch: - Persuasion bots. Campaigns are training text bots to hold back-and-forth conversations in their candidate's voice. Some voters engage for HOURS, granting precise knowledge of what ideas and language move them most. Yale researchers found a bot that admits it's a bot is just as persuasive to people as one posing as a human. - Simulated voters. Political operatives are running AI…
This will be the first election cycle where AI is both a dominant policy debate — and a widely deployed political weapon. Why it matters: AI allows both candidates and bad actors to persuade and perplex with unprecedented speed, scale and precision in our elections. Watch what works, as those same techniques will likely be used against YOU. What to watch: - Persuasion bots. Campaigns are training text bots to hold back-and-forth conversations in their candidate's voice. Some voters engage for HOURS, granting precise knowledge of what ideas and language move them most. Yale researchers found a bot that admits it's a bot is just as persuasive to people as one posing as a human. - Simulated voters. Political operatives are running AI…Open
AXIOS (Avery Lotz) - Trump's golden age reality check
The Trump administration's rosy promises of a new "golden age" with 6% economic growth have fizzled on the realities of slower-than-anticipated growth and souring consumer sentiment. Why it matters: President Trump's roller coaster economy has risen with consumer spending and AI investment but also tumbled on tariff uncertainty, stubborn inflation and his Iran war, muddling the economic picture. - Trump preaches a golden future, but many voters aren't buying it . - That's a warning sign for the midterms: Reuters-Ipsos polling out this week found that Americans favored Democrats over Republicans on economic policy for the first time in nearly a decade. The big picture: Roughly 18 months into Trump's second term, the economy has proved…
The Trump administration's rosy promises of a new "golden age" with 6% economic growth have fizzled on the realities of slower-than-anticipated growth and souring consumer sentiment. Why it matters: President Trump's roller coaster economy has risen with consumer spending and AI investment but also tumbled on tariff uncertainty, stubborn inflation and his Iran war, muddling the economic picture. - Trump preaches a golden future, but many voters aren't buying it . - That's a warning sign for the midterms: Reuters-Ipsos polling out this week found that Americans favored Democrats over Republicans on economic policy for the first time in nearly a decade. The big picture: Roughly 18 months into Trump's second term, the economy has proved…Open
AXIOS (Caitlin Owens) - Fauci's legal woes could deter scientists from government service
Senate Republicans' planned vote this week on whether to hold Anthony Fauci in contempt of Congress is the latest escalation in their attempt to right perceived COVID-era wrongs and further disempower the federal health care bureaucracy. Why it matters: Critics fear the Senate Homeland Security Committee's efforts will deter scientific talent from taking government jobs, weakening America's public health infrastructure and ceding its dominance in biomedical innovation. Driving the news: The panel is expected to vote Thursday to hold the nation's former top infectious disease official in contempt for refusing to answer the committee's questions on the coronavirus during a hearing last week. - Fauci repeatedly invoked the Fifth Amendment…
Senate Republicans' planned vote this week on whether to hold Anthony Fauci in contempt of Congress is the latest escalation in their attempt to right perceived COVID-era wrongs and further disempower the federal health care bureaucracy. Why it matters: Critics fear the Senate Homeland Security Committee's efforts will deter scientific talent from taking government jobs, weakening America's public health infrastructure and ceding its dominance in biomedical innovation. Driving the news: The panel is expected to vote Thursday to hold the nation's former top infectious disease official in contempt for refusing to answer the committee's questions on the coronavirus during a hearing last week. - Fauci repeatedly invoked the Fifth Amendment…Open
WASHINGTONPOST (Praveena Somasundaram, Patrick Marley) - Takeaways from a big primary night in Michigan, Kansas, Missouri and more
The Michigan Senate race remained too close to call, but Democratic ideological battles ended in mixed results in House primaries.
AXIOS (Ben Berkowitz) - Rep. Chuck Edwards drops re-election bid after censure recommendation
Rep. Chuck Edwards (R-N.C.) dropped his re-election bid early Wednesday after the House Ethics Committee recommended his censure over sexual harassment issues. Why it matters: Pressure has been mounting on Edwards to step aside since the Monday decision from the panel. - Axios has previously reported that Edwards faced heavy scrutiny for his treatment of young female staffers. What they're saying: "After much prayer and reflection, I've decided to withdraw from my re-election campaign. I will complete my current term," Edwards wrote in a 3:32 a.m. ET post on X. This is breaking news. Check back for updates.
Rep. Chuck Edwards (R-N.C.) dropped his re-election bid early Wednesday after the House Ethics Committee recommended his censure over sexual harassment issues. Why it matters: Pressure has been mounting on Edwards to step aside since the Monday decision from the panel. - Axios has previously reported that Edwards faced heavy scrutiny for his treatment of young female staffers. What they're saying: "After much prayer and reflection, I've decided to withdraw from my re-election campaign. I will complete my current term," Edwards wrote in a 3:32 a.m. ET post on X. This is breaking news. Check back for updates.Open
NPR (Joseph Kim) - Nicotine pouches can be marketed as 'lower risk' than cigarettes. Is that dangerous?
The FDA allowed some Zyn nicotine pouches to be marketed as "lower risk" than cigarettes. Public health experts agree they can help current smokers, but worry young people may become addicted.
The FDA allowed some Zyn nicotine pouches to be marketed as "lower risk" than cigarettes. Public health experts agree they can help current smokers, but worry young people may become addicted.Open
NYTIMES (Marc Santora and Josh Holder) - How the Ukraine War Became a Fight for the Skies
Russia and Ukraine are producing ever larger numbers of innovative aerial weapons, hoping for a breakthrough as ground combat is largely frozen.