Sign up for our daily briefing
Make your busy days simpler with Axios AM/PM. Catch up on what's new and why it matters in just 5 minutes.
Catch up on coronavirus stories and special reports, curated by Mike Allen everyday
Catch up on coronavirus stories and special reports, curated by Mike Allen everyday
Denver news in your inbox
Catch up on the most important stories affecting your hometown with Axios Denver
Des Moines news in your inbox
Catch up on the most important stories affecting your hometown with Axios Des Moines
Minneapolis-St. Paul news in your inbox
Catch up on the most important stories affecting your hometown with Axios Twin Cities
Tampa Bay news in your inbox
Catch up on the most important stories affecting your hometown with Axios Tampa Bay
Charlotte news in your inbox
Catch up on the most important stories affecting your hometown with Axios Charlotte
Evan Vucci / AP
Dodd-Frank and the fiduciary rule: Donald Trump plans to sign an executive action on Friday requesting that the Labor Secretary rescind a rule recently implemented that requires retirement advisors to act in the best interest of their clients. Trump is also expected to sign an executive order telling Treasury to put together a plan to unravel elements of Dodd-Frank.
Facebook and Amazon swing and miss: The two tech giants were poised to send stocks higher after Facebook released earnings Wednesday night and Amazon Thursday evening. But Amazon missed revenue estimates, and investors bailed — sending shares down 2.3%. Facebook was off to a promising start in after hours trading Wednesday night, but also disappointed yesterday, declining 2.29%.
Jobs day: At 8:30am we'll get the first estimate of jobs growth of the Trump era. Economists are expecting a reading of 175,000 new jobs and a 4.7% unemployment rate, but look for the wage growth data to understand whether the economic recovery is accelerating, and whether the Fed should raise rates sooner than later.