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Stormy Daniels' lawyer and apparent 2020 presidential hopeful Michael Avenatti tweeted Sunday that he will lead a "resistance rally" in Texas in October to counter President Trump's planned campaign event for Sen. Ted Cruz.
The big picture: Avenatti, who said last month that he was "seriously" considering running for president, joins Parkland survivor David Hogg in targeting the Trump-Cruz rally with an attempt to needle the president.
Illustration: Sarah Grillo/Axios
The gap between the weighting of the five largest companies in the S&P 500 and the 300 smallest rose to the highest ever at the end of August, according to data from the Leuthold Group.
Why it matters: The concentration of wealth in a few massive U.S. tech companies has reached a scale significantly greater than it was before the dot-com bubble burst.
Big businesses continue to push funding toward fighting inequality and racism, with the 100 largest U.S. companies' monetary commitments rising to $3.33 billion since the death of George Floyd at the hands of Minneapolis police earlier this year, according to an Axios analysis.
Why it matters: The continued pace of funding commitments shows that months after Floyd's death there remains pressure for the wealthiest corporations to put their money behind social issues and efforts.