Photo: Brendan Smialowski/AFP/Getty Images

Trump insiders tell Axios that Labor Secretary Alex Acosta did little to help himself at his high-stakes news conference defending his handling of the Jeffrey Epstein case when he was a federal prosecutor in Florida.

The state of play: Trump hates being goaded into action by media outcries, and a source close to the president said there was "zero" chance he fires Acosta right away. "Zero," the source repeated — but allowing for Trump's impetuousness, another close source said: "I wouldn't say zero."

Between the lines: Trump will decide Acosta's fate based in part on his instinct about how Acosta performed on camera, and how the awkward presser plays.

  • In part, this is Trump as theater critic, making decisions almost as a detached observer of his own administration.

The bottom line: Acosta remains in a tough, shaky position.

  • The secretary has no ideological support with conservatives close to Trump.
  • And his TV performance wasn't particularly strong.

Go deeper: Acosta on thin ice with Trump

Go deeper

Coronavirus surge punctures oil's recovery

Illustration: Aïda Amer/Axios

The growth of coronavirus cases is "casting a shadow" over oil's recovery despite the partial demand revival and supply cuts that have considerably tightened the market in recent months, the International Energy Agency said Friday.

Why it matters: IEA's monthly report confirms what analysts have seen coming for a long time: Failure to contain the virus is a huge threat to the market rebound that has seen prices grow, but remain at a perilous level for many companies.

2 hours ago - Sports

Big Ten's conference-only move could spur a regionalized college sports season

Illustration: Aïda Amer/Axios

The Big Ten announced Thursday that it will move all fall sports to a conference-only schedule.

Why it matters: This will have a snowball effect on the rest of the country, and could force all Power 5 conferences to follow suit, resulting in a regionalized fall sports season.

The second jobs apocalypse

Illustration: Aïda Amer/Axios

This week, United Airlines warned 36,000 U.S. employees their jobs were at risk, Walgreens cut more than 4,000 jobs, Wells Fargo announced it was preparing thousands of terminations this year, and Levi's axed 700 jobs due to falling sales.

Why it matters: We have entered round two of the jobs apocalypse. Those announcements followed similar ones from the Hilton, Hyatt, Marriott and Choice hotels, which all have announced thousands of job cuts, and the bankruptcies of more major U.S. companies like 24 Hour Fitness, Brooks Brothers and Chuck E. Cheese in recent days.