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In March, President Trump said he believed economic recovery would come quickly after coronavirus lockdowns led to record unemployment numbers and business closures. But now, economists — and even Fed officials — are taking a rare public stance to warn that, without another stimulus package from Congress, the U.S. is likely facing a long-term recession.

  • Plus, Joe Biden issues a challenge to Trump over the violence in Portland.
  • And, why we shouldn't be so quick to trust polls on the presidential election.

Guests: Axios' Dion Rabouin, Hans Nichols, and Sara Kehaulani Goo.

Credits: "Axios Today" is produced in partnership with Pushkin Industries. The team includes Niala Boodhoo, Sara Kehaulani Goo, Carol Alderman, Cara Shillenn, Nuria Marquez Martinez, Naomi Shavin and Alex Sugiura. Music is composed by Evan Viola. You can reach us at podcasts@axios.com.

Go deeper:

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Oct 29, 2020 - Podcasts

A record surge in coronavirus cases

Axios' weekly coronavirus map shows that cases in nearly every state are increasing. In the upper Midwest, cases are up about 25% this week. Those also happen to be some of the most fought-over battleground states.

17 mins ago - Podcasts

How hospitals are prepping for the new COVID-19 surge

Coronavirus cases and hospitalizations are surging, particularly in areas that had been largely spared this spring. One big question now is whether hospitals are better prepared for this new wave, including if they'll be able to continue providing elective services.

Axios Re:Cap digs into what hospitals have, and what they still need, with Lloyd Dean, CEO of CommonSpirit Health, one of America's largest operators of hospitals and health clinics.

Updated 26 mins ago - Politics & Policy

Coronavirus dashboard

Illustration: Sarah Grillo/Axios

  1. Health: The good and bad news about antibody therapies — U.S. sets new single-day case record.
  2. Politics: States beg for Warp Speed billions.
  3. World: Taiwan reaches a record 200 days with no local cases.
  4. Education: Surge threatens to shut classrooms down again.
  5. Technology: The pandemic isn't slowing tech.
  6. Travel: CDC replaces COVID-19 cruise ban with less restrictive "conditional sailing order."
  7. Sports: High school football's pandemic struggles.
  8. 🎧Podcast: The vaccine race turns toward nationalism.