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Dion Rabouin, author of Markets
14 mins ago - Economy & Business

The 2020 holiday season may just kill Main Street

Illustration: Eniola Odetunde/Axios

Online shopping and e-commerce have been chipping away at brick-and-mortar retailers over the years and the combination of the coronavirus pandemic and the 2020 holiday season may prove to be a knockout blow.

State of play: Anxious consumers say financial concerns and health worries will push them to spend less money this year and to do more of their limited spending online.

Listen to “Axios Re:Cap”
Campaign surrogate Rep. Ami Bera on Joe Biden's pandemic plan.
Updated 55 mins ago - Politics & Policy

Coronavirus dashboard

Illustration: Annelise Capossela/Axios

  1. Politics: Trump calls Fauci a "disaster" on campaign call.
  2. Health: Coronavirus hospitalizations are on the rise — 8 states set single-day coronavirus case records last week.
  3. States: California to independently review FDA-approved coronavirus vaccines
  4. Wisconsin judge reimposes capacity limit on indoor venues.
  5. Media: Trump attacks CNN as "dumb b*stards" for continuing to cover pandemic.
  6. Business: Consumer confidence surveys show Americans are getting nervousHow China's economy bounced back from coronavirus.
  7. Sports: We've entered the era of limited fan attendance.
  8. Education: Why education technology can’t save remote learning.

California to independently review FDA-approved coronavirus vaccines

California Gov. Gavin Newsom. Photo: Justin Sullivan/Getty Images

California will "independently review" all coronavirus vaccines approved by the Food and Drug Administration before allowing their distribution, Gov. Gavin Newsom (D) announced at a news conference Monday.

Why it matters: The move that comes days after NAID director Anthony Fauci said he had "strong confidence" in FDA-approved vaccines could cast further public doubt that the federal government could release a vaccine based on political motives, rather than safety and efficacy.

Updated 4 hours ago - Politics & Policy

Microphones will be muted during parts of Thursday's presidential debate

Photos: Jim Watson and Saul Loeb/AFP via Getty Images

The Commission on Presidential Debates adopted new measures on Monday to mute the microphones of President Trump and Joe Biden to allow each candidate two minutes of uninterrupted time per segment during Thursday night's debate.

Why it matters: During September's chaotic debate, Trump interrupted Biden 71 times, while Biden interrupted Trump 22 times.

Updated 5 hours ago - Politics & Policy

Supreme Court denies Pennsylvania GOP request to limit mail-in voting

Protesters outside Supreme Court. Photo: Daniel Slim/AFP via Getty Images

The Supreme Court on Monday denied a request from Pennsylvania's Republican Party to shorten the deadlines for mail-in ballots in the state. Thanks to the court's 4-4 deadlock, ballots can be counted for several days after Election Day.

Why it matters: It's a major win for Democrats that could decide the fate of thousands of ballots in a crucial swing state that President Trump won in 2016. The court's decision may signal how it would deal with similar election-related litigation in other states.

9 hours ago - Health

Trump attacks CNN as "dumb b*stards" for continuing to cover pandemic

President Trump attacked CNN for continuing to cover the coronavirus pandemic, calling the network "dumb b*stards" at a campaign rally in Prescott, Arizona on Monday.

Why it matters: The president's attacks on the media and Anthony Fauci, the government's top infectious-disease expert, come as coronavirus cases and hospitalizations are again surging across the country, just two weeks out from Election Day.

10 hours ago - World

Deal to remove Sudan as terror sponsor paves way for Israel move

President Trump announced Monday that he will be removing Sudan from the State Department’s state sponsors of terrorism list after the Sudanese government agreed to pay $335 million in compensation for families of American victims of terrorism.

The big picture: Trump's announcement is part of a wider agreement that is expected to include moves from Sudan toward normalizing relations with Israel.

Dave Lawler, author of World
11 hours ago - World

Socialists win Bolivia election one year after controversial Morales ouster

Arce (center, with badge) celebrates on election night. Photo: Javier Mamani/Getty Images

Leftist candidate Luis Arce won an "overwhelming and clear" victory in Bolivia's presidential election, his chief opponent said Monday in a concession speech.

Why it matters: Looming over Sunday's vote were the events of one year ago, when then-president Evo Morales was ousted and fled into exile following a disputed election. He was controversially succeeded by a right-wing senator, Jeanine Añez, deepening a political crisis which appears to have ended with an emphatic mandate for Morales' party, the Movement for Socialism.

Updated 11 hours ago - Politics & Policy

Trump escalates attacks on Fauci as Election Day nears, COVID cases surge

Photo: Stephen Lam/Getty Images

During a campaign call on Monday, President Trump slammed infectious disease expert Anthony Fauci, calling him a "disaster" and claiming that "people are tired of COVID," according to multiple reporters who listened to the call.

Why it matters: Fauci, who considers himself apolitical, is one of the most trusted voices in the country on the coronavirus. Trump's escalating attacks on the government's top infectious-disease expert come as coronavirus cases and hospitalizations are again surging across the country, just two weeks out from Election Day.

U.S. charges Russian intelligence officers for cyberattacks beginning in 2015

Putin at an event celebrating the Russian military. Photo: Alexei Druzhinin\TASS via Getty Images

A federal grand jury has returned a 7-count indictment against six Russian military intelligence officers for major hacking operations targeting foreign elections, the Olympics and computer systems worldwide that resulted in nearly $1 billion in losses, the Justice Department announced Monday.

The big picture: The officers are members of the same GRU unit indicted by special counsel Robert Mueller for interference in the 2016 election. It's unlikely that they will ever face trial in the U.S.

Updated 15 hours ago - Health

8 states set single-day coronavirus case records last week

Data: Compiled by Axios; Map: Danielle Alberti/Axios

8 states set new highs last week for coronavirus infections recorded in a single day, according to the COVID Tracking Project (CTP) and state health departments. Montana, West Virginia, and Wyoming surpassed records from the previous week.

Why it matters: Cases and hospitalizations are rising in Michigan, a state that initially fought the pandemic with strict mitigation efforts, alongside states that took less action against the spread of the virus this spring.

Dion Rabouin, author of Markets
18 hours ago - Economy & Business

The Fed is starting to question its own policies

Illustration: Aïda Amer/Axios

Several officials at the Fed are beginning to worry about asset bubbles and excessive risk-taking as a result of their extraordinary policy interventions, James Politi writes for the Financial Times, citing interviews with multiple Fed presidents and members of the Board of Governors.

Details: Some are now pushing for "tougher financial regulation" as concerns grow that monetary policy is "encouraging behavior detrimental to economic recovery and creating pressure for additional bailouts."

20 hours ago - Technology

Why education technology can’t save remote learning

Illustration: Sarah Grillo/Axios

The coronavirus-sparked shift to widespread remote work has been generally smooth because most modern offices were already using a raft of communication, collaboration and administrative tools. Remote learning has faced a much rougher transition.

Why it matters: Even the best technology can't eliminate the inherent problems of virtual schooling. Several key technological stumbling blocks have persisted in keeping remote learning from meeting its full potential, experts tell Axios.

Coronavirus hospitalizations are on the rise

Expand chart
Data: The COVID Tracking ProjectHarvard Global Health Institute; Cartogram: Andrew Witherspoon/Axios

Coronavirus hospitalizations are increasing in 39 states, and are at or near their all-time peak in 16.

The big picture: No state is anywhere near the worst-case situation of not having enough capacity to handle its COVID-19 outbreak. But rising hospitalization rates are a sign that things are getting worse, at a dangerous time, and a reminder that this virus can do serious harm.

Amy Harder, author of Generate
20 hours ago - Energy & Environment
Column / Harder Line

The pandemic is destroying energy efficiency

Illustration: Annelise Capossela/Axios

The coronavirus pandemic is systematically demolishing the entire concept of efficiency.

Why it matters: Using energy more efficiently accounts for the largest share — nearly 40% — of the reductions in heat-trapping emissions needed to meet the goals of the Paris Climate Agreement.

23 hours ago - World

China threatens to detain U.S. citizens if DOJ prosecutes scholars

Chinese soldiers perform a flag-raising ceremony at Tiananmen Square in Beijing this month. Photo: Li Nan/VCG via Getty Images


Chinese officials told the Trump administration they may detain Americans in China if the DOJ prosecutes scholars with ties to the Communist country's military, the Wall Street Journal first reported and Axios has confirmed.

Why it matters: It's the latest escalation in tensions between the U.S. and China and comes four months after Chinese authorities charged two Canadians with espionage in what American and Canadian officials believe was to avenge the arrest in Canada of Huawei CFO Meng Wanzhou — who may face extradition to the U.S.

Oct 19, 2020 - Politics & Policy

Judge blocks Trump administration plan to cut food stamps to unemployed Americans

Food stamps recipients doing a big once-a-month shopping trip on the day their monthly SNAP account is re-funded. Photo: Michael S. Williamson/The Washington Post via Getty Images

A federal judge in Washington, D.C., on Sunday called Trump administration plans to cut food stamp benefits for almost 700,000 jobless Americans "arbitrary and capricious" as she blocked the move, per the Washington Post.

Details: The rule at issue "radically and abruptly alters decades of regulatory practice, leaving states scrambling and exponentially increasing food insecurity for tens of thousands of Americans," said Chief U.S. District Judge Beryl A. Howell, of D.C., CNN notes.

Trump says if Biden's elected, "he'll listen to the scientists"

Combination images of President Trump and Democratic presidential nominee Joe Biden. Photo: Drew Angerer/Getty Images/Rey Del Rio/Getty Images

The Biden campaign slammed President Trump after he said at a Nevada rally Sunday if his Democratic presidential rival Joe Biden were elected there'd be more coronavirus pandemic lockdowns because "he'll listen to the scientists."

What he's saying: "If I listened totally to the scientists, we would right now have a country that would be in a massive depression," Trump said.