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The Latest Breaking News from Axios

Trump Can't TACO His Way Out of Iran

The president is good at backing out of a losing bet—but this time, it's out of his hands.

Reason

Crude Oil Sharply Higher on Concerns About Escalation of the Iran War

May WTI crude oil (CLK26 ) today is up +3.90 (+4.32%), and May RBOB gasoline (RBK26 ) is up +0.1080 (+3.65%). Crude oil and gasoline prices are sharply higher today on skepticism about a ceasefire in Iran. Also, a report today from Axios that said the US is close to...

Barchart

Prediction Markets Now Face Major Potential Ban on Most Popular Betting Targets

Proposed legislation is taking aim at prediction markets, promising to ban transactions on sports, politics, news, and entertainment.

International Business Times

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Scoop: Nancy Mace eyes break with GOP on Iran war powers vote in blow to Trump

Mace said she will "most likely" vote for Dems' war power resolution: "War with Iran needs to end."

Axios

Trump telling aides he wants Iran war to end in weeks as he faces other worries — but it may no longer be up to him

Trump has reportedly told aides that he wants to stick to the four-to-six week timeline outlined publicly at the beginning of the war

The Independent UK

Iran Ceasefire Doubts Boost the Dollar

The dollar index (DXY00 ) today is up by +0.19%. The dollar is climbing today as doubts about whether a ceasefire in Iran will materialize weigh on stocks and boost safe-haven demand for the dollar. Also, today's decline in US weekly continuing unemployment claims to a 1.75-year low is a...

Barchart

Pentagon prepares for massive ‘final blow’ on Iran that could include ground troops and bombing campaign: report

The plans come as Trump warned Iran to make a deal to end the war ‘before it’s too late’

The Independent UK

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Democratic Sen. Takes Aim At Bill To Pause Building Of Data Centers Pursued By AOC: 'Ridiculous Premise'

Democratic Senator Mark Warner took aim at the bill seeking to pause the building of data centers in the U.S. until there are AI safeguards in place.

Latin Times

'Crushing show of force': US plans 'final blow' against Iran amid Trump's 'get serious' ultimatum

The United States is weighing what officials describe as a potential “final blow” against Iran, with plans under discussion ranging from a sweeping bombing campaign to risky ground operations deep inside the country, according to an Axios report citing multiple sources familiar.

The Times of India

"She goes first": Newsom dances around Kamala rivalry on "The Axios Show"

Newsom and Harris are atop most polls of potential Democratic presidential candidates for 2028 after a multi-decade rivalry.

Axios

'They’ll get mowed down': Did Trump reject Netanyahu’s plan to urge Iranians to protest?

US president Trump reportedly rejected Israeli prime minister Netanyahu's proposal for a joint public call for Iranians to protest, fearing high civilian casualties. While Israel prioritizes fostering an uprising, the US views regime change as a secondary outcome. This divergence emerged after Israeli strikes targeting key Iranian security figures, aimed…

The Times of India

"No one's comfortable": Jeffries faces threat of revolt on ousting one of his members

"There will be a lot of pressure on us to actually do something," one House Democrat predicted.

Axios

‘They will all just get mowed down’: Trump rejected Netanyahu’s idea to call for uprising in Iran, report claims

Israeli leader is reported to have claimed to Trump there was a window of opportunity to destabilise the regime further

The Independent UK

Americans skeptical about potential Iran war escalation

New polling shows some Americans support current military efforts, but aren't sold on further action.

Axios

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Axios

Exclusive: Lockheed Martin's Martell says warfare requires human-machine teamwork

Martell says until super intelligence is achieved, systems need human oversight.

Axios

Exclusive: Meta president says AI is "the transformation of humanity"

But the key word in the AI era, she says, is "humanity."

Axios

Exclusive: U.S. needs "whole new workforce" for AI, Meta president says

Dina Powell McCormick is central to Meta's dealmaking in the AI era.

Axios

"Nobody's comfortable": Democrats face impending dam break on Sheila Cherfilus-McCormick

"I won't hesitate to call for resignation," one House Democrat told Axios.

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Axios

Raskin says Pam Bondi's DOJ gave him "damning" memo on Trump classified docs case

Prosecutors alleged that Trump showed a classified map to passengers on his private plane.

Axios

Exclusive: Newsom calls Musk "one of the great disappointments" of this era

"It breaks my heart," Newsom said on a new episode of "The Axios Show."

Axios

Deal to fund DHS falters amid bipartisan pushback

Democrats immediately shot the latest proposal down — and some Republicans framed it as a capitulation to Democrats.

Axios

OpenAI will shutter Sora video app

The AI video app shot to the top of the app store charts before downloads plummeted.

Axios

House Democrats clamp down on defections ahead of new Iran war powers vote

"It's time to finish the operation in Iran. It's time to be done," said one House Democrat.

Axios

U.S. awaits Iran's response on peace summit as Israel watches warily

The U.S. has a 15-point peace plan, but it's unclear if anyone with authority in Tehran is on board.

Axios

Rubio to testify in friend's trial over Venezuela oil deal

The Miami trial sheds light on the unseemly world of shadowy foreign influence efforts in Latin America.

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