Bezos and Gates back in 2001. Photo: Stan Honda/AFP/Getty Images

"The Seattle region is home to America's two richest men, but their local legacies to date represent two very different eras for the city," AP's Sally Ho writes.

The big picture: "While Amazon's Jeff Bezos is blamed by some for rising rents and clogged city streets, Bill Gates is largely admired for helping lead the computing revolution and donating billions through his philanthropy."

  • "The Microsoft co-founder's legacy here includes opening the world's largest private charity across the street from the Space Needle, creating housing for homeless families and supporting charter schools."
  • "Microsoft was the first tech company to dramatically change the region's economy as it grew quickly in the 1980s and 1990s."
  • "Today, Seattle is booming again with housing prices skyrocketing thanks to online retail giant Amazon's explosive growth that has added tens of thousands of well-paid workers to the area."

"Gates has largely escaped the criticism directed at Bezos and other tech leaders as Seattle loudly debates how to respond to the advantages and downsides of being the United States' fastest-growing big city":

  • "[T]hanks to the billions he now gives away each year, Gates has managed to shed his reputation as a laser-focused, sharp-elbowed tech billionaire."

Go deeper

Dion Rabouin, author of Markets
1 hour ago - Economy & Business

Coronavirus surge is sinking consumer confidence

Data: Hamilton Place Strategies, CivicScience; Chart: Axios Visuals

The rise in coronavirus cases in certain parts of the U.S. is stunting confidence across the country, a crop of new reports show.

Driving the news: After stalling during the previous two-week period, overall economic sentiment declined for the first time in two months, according to the Economic Sentiment Index, a biweekly survey from data firm CivicScience and Hamilton Place Strategies (HPS).

Updated 2 hours ago - Politics & Policy

Coronavirus dashboard

Illustration: Sarah Grillo/Axios

  1. Politics: Obama: Trump is "jealous of COVID's media coverage."
  2. Health: Mask mandates help control the rise in coronavirus hospitalizations. Hospitals face a crush.
  3. Business: Coronavirus testing is a windfall. Winter threat spurs new surge of startup activity.
  4. Media: Pandemic causes TV providers to lose the most subscribers ever.
  5. World: Putin mandates face masks.

The GOP's monstrous math problem

Illustration: Sarah Grillo/Axios

Republicans, win or lose next week, face a big — and growing — math problem.

The state of play: They're relying almost exclusively on a shrinking demographic (white men), living in shrinking areas (small, rural towns), creating a reliance on people with shrinking incomes (white workers without college degrees) to survive.

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