Los Angeles freeways from an aerial view. Photo: Ken Ross/VW Pics via Getty Images
California has become the world's fifth largest economy — and the New York Times examines how "all of that money pouring in to California’s tech and entertainment industries produces a big wealth effect."
An eye-popping stat: "Apple ... brought in more revenue in its latest fiscal year — $229 billion — than the entire economic output of Wyoming, five times over."
Illustration: Aïda Amer/Axios
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Italy’s aerobatic team Frecce Tricolori fly over Milan in Duomo Square on May 25. Photo: Francesco Prandoni/Getty Images
The Italian government reported 300 new cases of coronavirus on Monday, the lowest daily increase since Feb. 29.
Why it matters: Italy, the first country in Europe to implement a nationwide lockdown after emerging as a hotspot in March, appears to have finally weathered its coronavirus outbreak. Italy has reported nearly 33,000 total deaths, the third-highest total behind the U.S. and U.K.
Photo: Oliver Douliery/AFP via Getty Images
Former Vice President Joe Biden made his first in-person appearance in over two months on Monday to honor Memorial Day by laying a wreath at a Delaware veterans park, AP reports.
Why it matters: Biden, the Democratic Party's presumptive nominee, has taken the unprecedented step of campaigning from his home during the coronavirus pandemic, ever since canceling a rally in Cleveland on March 10.