Plus: The 4th in photos | Friday, July 04, 2025
| | | | | | | PRESENTED BY VISA | | | | Axios PM | | By Mike Allen · Jul 04, 2025 | | Happy 4th! Today's newsletter, edited by Sam Baker, is 254 words, a 1-min. read. Thanks to Mickey Meece for copy editing. | | | | | | 1 big thing: Epic travel weekend | | |  Source: Department of Transportation. Chart: Axios Visuals This will likely be the busiest July 4 holiday for air travel in 15 years, according to the Transportation Department's estimates. - It's estimating 50,000 flights on Monday.
- TSA said separately that it's anticipating 18.5 million travelers to take to the skies between July 1 and July 7.
- Another 72 million people were expected to take a road trip of at least 50 miles, per AAA.
💺 The intrigue: The best deals over the long Independence Day weekend were for travelers looking to vacation outside the U.S. - Domestic airfares are roughly 3% less expensive than they were last July 4, but tickets to Europe and Asia are 13% cheaper, according to Reuters.
| | | | | | | 2. 🇺🇸 America celebrates | | | | Photo: Mark Schiefelbein/AP - The Army's Old Guard Fife and Drum Corps perform outside the National Archives today.
Photo: Allen J. Schaben/Los Angeles Times via Getty Images - A boater cruises through Newport Beach, Calif.
Photo: Rod Lamkey, Jr./AP - Randa Alakkad, from Syria, wipes away tears during a naturalization ceremony today at Mount Vernon, in Alexandria, Va.
| | | | | | | A MESSAGE FROM VISA | | Visa-backed programs give students real-world money skills | | | | | | | Visa and its FinEd50 partners are expanding access to personal finance education in all 50 states. - Why it's important: Free tools equip graduates with skills to budget, save, and build stronger financial futures.
Learn how Visa is helping students. | | | | | | 3. Catch me up | | | | A firefighter battled the Madre Fire along Highway 166 in San Luis Obispo County, Calif., yesterday. Photo: Noah Berger/AP - 🚒 The Madre Fire has become California's largest wildfire of the year, covering more than 52,000 acres. Evacuation orders and warnings are in effect for communities in San Luis Obispo and Santa Barbara counties. Go deeper.
- 🇺🇦 Russia launched the largest air assault on Kyiv since the war began, injuring at least 23 people. Go deeper.
- 🇰🇵 An unidentified man crossed the heavily militarized border from North Korea into South Korea. Officials aren't yet sure whether it's a possible defection. Go deeper.
| | | | | | | 4. 🏆 Top dogs | | | | | | Miki Sudo and Joey Chestnut at the Nathan's hot dog eating contest today. Photos: Angela Weiss/AFP via Getty Images and Adam Gray/Getty Images | | | | Miki Sudo and Joey Chestnut won this year's Nathan's hot dog eating contest. - He ate 70 hot dogs in 10 minutes. She ate 33.
| | | | | | | A MESSAGE FROM VISA | | Digital payment systems face growing fraud threats | | | | | | | Visa is protecting the payments ecosystem, analyzing over 500 data points on up to 83,000 transactions per second. - The impact: Real-time insight helps detect fraud and keep digital payments secure.
Learn how Visa is protecting America's payments. | | | | 📬 Thanks for reading! Please invite your friends to join PM. | | Your essential communications — to staff, clients and other stakeholders — can have the same style. Axios HQ, a powerful platform, will help you do it. | | | |
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