All writers

Nathan Bomey

www.axios.com
15
articles (90 days)

Recent articles

White House teleprompter operator investigated over alleged trades on Trump speeches
Federal regulators are investigating whether a White House teleprompter operator capitalized on his knowledge of President Trump's prepared speech text by making trades on the prediction market Kal...
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Buffett and Kalshi: Two views of America's gambling boom
The Oracle of Omaha is concerned that America has a gambling problem.Why it matters: Warren Buffett recently retired from Berkshire Hathaway, but when he speaks, investors still listen.Driving the ...
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AI bubble fears send tech stocks plunging
Tech stocks shriveled up Tuesday as fears about an AI bubble sapped market momentum.Why it matters: Chatter about a bubble has been prominent in recent months but hasn't yet delivered a long-lastin...
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Teamsters and DOJ move to end federal oversight of the union after 37 years
The fallout from the Teamsters' affiliation with organized crime in the 20th Century is poised to end after President Trump's prosecutors agreed to cease federal monitorship of the union.Why it mat...
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Small business profits sink as gasoline prices soar
Small business profits are sinking as owners get squeezed by rising labor costs and energy prices spiking from the Iran war.Why it matters: Businesses with fewer than 250 workers created half of al...
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Farmers growing increasingly desperate amid rising energy and fertilizer prices
Farmers across the Midwest are entering planting season under mounting financial pressure, as the Iran conflict drives up diesel and fertilizer prices — deepening an agricultural downturn that some...
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Corporate America shrugging off economic uncertainty as earnings deliver
Corporate America is delivering the goods this earnings season, dampening fears about the economy, even as rising energy prices threaten to undermine the momentum.Why it matters: Economic uncertain...
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Exclusive: Kalshi announces steps to keep kids off prediction market
Kalshi is putting in place new tools to prevent minors from trading on the prediction market, but is resisting calls to block ages 18-20.Why it matters: Prediction markets are surging in popularity...
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Spirit Airlines shuts down after two bankruptcies and a failed rescue plan
Spirit Airlines is going out of business, canceling all of its flights and stranding current travelers — marking the end of the runway for a company that offered cheap flights to America's budget t...
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Colossal Biosciences reveals new species for "de-extinction": the bluebuck
Colossal Biosciences — the company that's attempting to bring back the woolly mammoth and the dodo — revealed Thursday that it's aiming to revive another species: the bluebuck.Why it matters: The b...
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LIV Golf reportedly loses Saudi funding as tour's future looks murky
The Saudi sovereign wealth fund is ending funding for LIV Golf after this season, according to multiple reports. Why it matters: The Public Investment Fund's decision places the lucrative golf tour...
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Tesla earnings rise, but AI expenses add up for Elon Musk
Tesla reported an uptick in quarterly revenue and profit, but the costs of pivoting to an AI future are starting to add up.Why it matters: CEO Elon Musk has directed the company to invest heavily i...
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"The Amtrak of the skies"? Trump's interventionism comes for Spirit Airlines
Spirit Airlines is in talks with the White House over a potential bailout — a move that could test how far the Trump administration is willing to go to prop up a struggling private-sector company.W...
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Apple CEO Tim Cook is stepping down
Tim Cook is stepping down as CEO of Apple. In nearly 15 years as chief executive, Cook turned Apple into a global powerhouse, building on the legacy of his legendary predecessor Steve Jobs.Why it m...
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Airline industry faces a shakeup as jet fuel hits hard
The competitive landscape for U.S. airlines is confronting seismic turbulence as energy price spikes wreak havoc on the industry. Why it matters: Rising fuel and labor costs are squeezing airlines ...
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