Felix Salmon

New York

Chief Financial Correspondent at Axios

Podcast Host at Slate Money

Writer at Axios Capital Newsletter

Chief financial correspondent, Axios. Host, Slate Money. Author, The Phoenix Economy (May 9, 2023).

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Articles

Trump's universal tariffs go from bonkers to blanket for the United Kingdom

5 days ago | slate.com | Felix Salmon |Emily Peck |Elizabeth Spiers

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OpenAI governance opens it to state AG pressure

1 week ago | axios.com | Felix Salmon

Illustration: Brendan Lynch/AxiosAt most organizations it's clear where the buck stops and who's accountable to whom. As OpenAI CEO Sam Altman says, however, "OpenAI is not a normal company and never will be."Why it matters: OpenAI announced earlier this week that control of the company will continue to be held by a nonprofit devoted to the needs of humanity rather than to financial profit. But exactly how humanity will get a say in how the organization is run from day to day remains unclear.
Trump touts $1.98 gas but this is where that number comes from

1 week ago | axios.com | Felix Salmon
Where gas is really just $1.98 a gallon

1 week ago | flipboard.com | Felix Salmon

NowWashington CNN — President Donald Trump has been making false claims about Canada for months. He did it again in the days leading up to his scheduled Tuesday meeting with Prime Minister Mark Carney. In an interview that aired Sunday on NBC, Trump made Canada’s military spending sound much smaller …
Wall Street rallies despite the tariff chaos

1 week ago | axios.com | Felix Salmon

Since Donald Trump announced his "Liberation Day" tariffs on the afternoon of April 2, the most important markets for the U.S. economy have weakened significantly. The stock market, by contrast, has risen. Why it matters: As the reminder often goes, The Stock Market Is Not The Economy. Still, it helps to set the broader vibe, and over the past couple of weeks, greed and optimism have had something of a resurgence.
What the Iberian power grid going down means for renewable energy and the US

1 week ago | slate.com | Felix Salmon |Emily Peck |Elizabeth Spiers

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Why Elon Musk might be worth $781 billion to Tesla

1 week ago | axios.com | Felix Salmon
Americans will pay $11 billion more than they need to on mortgages this year

1 week ago | axios.com | Felix Salmon

Amid all the talk of what's happening to mortgage rates, it's often easy to lose sight of the fact that rates vary widely between lenders on any given day. That gap has grown significantly over the past couple years. Why it matters: It's not easy to work out how attractive a mortgage rate is.
Mortgage rates get more treacherous

1 week ago | flipboard.com | Felix Salmon

2 hours agoThere’s been a lot of talk of late at City Hall about housing in Chicago — that is, how we need more of it. A lot more. And fast. So it’s curious that Ald. Walter Burnett, chair of the City Council’s Zoning Committee and vice mayor, has been sitting on a zoning application for a massive apartment …
Mckay Coppins on his deep dive into the Murdoch family.

2 weeks ago | slate.com | Felix Salmon |McKay Coppins

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