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Illustration: Sarah Grillo/Axios

5 big things

1.Two words that worry global central bankers the most

  • Neil Irwin
A costly crisis for American drivers
2.A costly crisis for American drivers
Exclusive: Bessent calls for less regulation to help small banks
3.Exclusive: Bessent calls for less regulation to help small banks
Josh Kushner speaks out on failed FIFA deal
4.Josh Kushner speaks out on failed FIFA deal
AI turns to health care for an image fix
5.AI turns to health care for an image fix
    • Emily Peck
    6 hours ago
    -
    Business
    Stocks are sexy, but bonds are the most important market in the world
    Illustration of Earth made of currency from the G7 countries.

    Illustration: Shoshana Gordon/Axios

    The bond market is growing more interesting lately — and that's concerning.

    Why it matters: The $160 trillion global bond market is like the plumbing in your house. You don't think about it until it stops working and you've got a nasty situation on your hands.

    Go deeper (2 min. read)
    • Mike Zapler
    9 hours ago
    -
    Politics & Policy
    El-Sayed courts Jewish Democrats but won't dump Piker
    Abdul El-Sayed, the Democratic Senate nominee from Michigan, speaks to members of the media ahead of the state party's 2026 nominating convention in Lansing, Michigan, on Saturday.

    Abdul El-Sayed, the Democratic Senate nominee from Michigan, speaks to members of the media ahead of the state party's 2026 nominating convention in Lansing, Michigan, on Saturday. Photo: Sarah Rice/Bloomberg via Getty Images

    Michigan Senate hopeful Abdul El-Sayed spent the weekend trying to make amends with the state's Jewish Democrats. But he showed there are limits to how far he's willing to go.

    • The big one: Hasan Piker.

    Why it matters: El-Sayed's appearance before the state party's Jewish caucus was an important early test of whether he can pivot from a primary candidate who electrified the party's progressive wing to a general-election nominee who can win over moderate voters uneasy with his politics.

    Go deeper (2 min. read)
    • Donica Phifer
    Updated 16 hours ago
    -
    Politics & Policy
    Google Maps switches to "Lake America" as Canada compares change to "SNL" skit
    Split-screen map of southern Ontario: left shows a dark satellite view around Toronto with towns like Barrie and Oshawa; right shows a light vector map of the same area with Toronto and nearby towns. The left map labels a large lake as Lake America; the right labels it Lake Ontario.

    Screenshots of Google Maps and Apple Maps taken the morning of Aug. 30, 2026.

    President Trump's order to rename Lake Ontario to "Lake America" is stirring up more controversy, as tech companies decide whether to comply or not.

    The big picture: Google and other digital map providers — like MapQuest and Apple — have split on whether to accept the name change or keep Lake Ontario on their maps.

    Go deeper (2 min. read)

THE LATEST


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