Apr 8, 2018 - Technology

Cambridge Analytica whistleblower: Bannon wanted data for alt-right candidates

Erica Pandey, author of @Work

Christopher Wylie, the former Cambridge Analytica employee who sounded the alarm on the firm illicitly obtaining user data from Facebook, told Meet the Press' Chuck Todd that Steve Bannon "absolutely wanted to use [the data] for Republican candidates ... [and] alt-right candidates in the United States."

What's next: Wylie also said he's been contacted by American authorities — both from Congress and the Department of Justice — and that he plans to cooperate with them as they investigate Russia's role in the 2016 election.

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Axios
1 min ago - Politics & Policy

Biden says he will appoint commission on Supreme Court reform

Photo: Chip Somodevilla/Getty Images

Joe Biden told CBS' "60 Minutes" this week that if elected, he would put together a bipartisan commission to study the federal court system and make recommendations for reform.

Why it matters: Biden has come under pressure to clarify his position on court packing after some Democrats suggested expanding the court if Senate Republicans confirm President Trump's Supreme Court nominee Amy Coney Barrett.

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Dion Rabouin, author of Markets
15 mins ago - Economy & Business

Wall Street still prefers bonds

Illustration: Aïda Amer/Axios. Photo: Sunset Boulevard/Getty Contributor

Investors' return on U.S. corporate bonds has been falling since its August peak, but buying has only accelerated, especially in investment grade bonds that are offering historically low yields.

The state of play: Since hitting its 2020 high on Aug. 4, the benchmark Bloomberg Barclays U.S. bond aggregate has delivered a -2.2% return. (For comparison, the S&P 500 has gained 3.9% during the same time period.)

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Barak Ravid, author of from Tel Aviv
2 hours ago - World

U.S.-Israeli delegation secretly visits Sudan

Photo: Artur Widak/NurPhoto via Getty Images

A joint U.S.-Israeli delegation traveled secretly on Wednesday to Sudan for talks on a possible announcement on "ending the state of belligerence" between the countries that could be released in the next few days, sources briefed on the trip told me.

The big picture: President Trump announced earlier this week he is ready to remove Sudan from the U.S. state sponsors of terrorism list once Sudan pays $335 million in compensation to American terror victims.

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