Get the latest market trends in your inbox

Stay on top of the latest market trends and economic insights with the Axios Markets newsletter. Sign up for free.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

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

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Denver news in your inbox

Catch up on the most important stories affecting your hometown with Axios Denver

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Des Moines news in your inbox

Catch up on the most important stories affecting your hometown with Axios Des Moines

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Minneapolis-St. Paul news in your inbox

Catch up on the most important stories affecting your hometown with Axios Minneapolis-St. Paul

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Tampa-St. Petersburg news in your inbox

Catch up on the most important stories affecting your hometown with Axios Tampa-St. Petersburg

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!
Expand chart
Data: AP; Table: Axios Visuals

LSU swapped places with Alabama in this week's AP poll to become the nation's new No. 1 team.

The state of play: The two rivals both have byes this week but will play each other in Tuscaloosa two Saturdays from now in what looks to be the first regular-season AP No. 1 vs. No. 2 meeting since their 9-6 game in 2011.

Meanwhile: Oklahoma became the third top-six team in the past three weeks to lose to an unranked opponent, falling at Kansas State and dropping five spots to No. 10. And it didn't help them that Texas lost and fell out of the top 25, either.

  • Yes, but: 14 of the past 20 College Football Playoff semifinalists had a loss, so the Sooners aren't dead. They just need some serious help (i.e. run the table and beat a ranked team in the Big 12 title game, at the very least).

The big picture: The eight-point margin between the top three teams is the closest since 1978. But it's a toss-up after that, with vastly different teams résumé-wise vying for that fourth and final spot in the playoff.

  • The rankings don't show it, but Georgia had a brutal bye week. Their marquee win is against Notre Dame (destroyed by Michigan) and their biggest loss was to South Carolina (lost by 20 to lowly Tennessee).
  • Minnesota is 8-0 for the first time since 1941 and will be off this week before hosting undefeated Penn State two Saturdays from now in the program's biggest game in decades.

In: No. 22 Kansas State and No. 24 Memphis returned to the rankings after brief stints earlier this season, while No. 25 San Diego State entered the top 25 for the first time since 2017.

  • Out: Texas fell out of the rankings for the first time this season after losing to unranked TCU, while Iowa State (lost to Oklahoma State) and Arizona State (lost to UCLA) also dropped out.

Saturday's slate:

  • (8) Georgia at (6) Florida
  • (15) SMU at (24) Memphis
  • (7) Oregon at USC

What's next: The first CFP rankings come out in a week. With Oklahoma's loss, consider the potential debate over the following one-loss teams come Selection Day:

  • Oklahoma
  • Oregon
  • The loser of LSU-Alabama (Nov. 9)
  • The loser of Penn State-Ohio State (Nov. 23)

Go deeper

Biden plans to ask public to wear masks for first 100 days in office

Joe Biden. Photo: Mark Makela/Gettu Images

President-elect Joe Biden and Vice President-elect Kamala Harris sat down with CNN on Thursday for their first joint interview since the election.

The big picture: In the hour-long segment, the twosome laid out plans for responding to the pandemic, jump-starting the economy and managing the transition of power, among other priorities.

The quick FCC fix that would get more students online

Illustration: Sarah Grillo/Axios

As the pandemic forces students out of school, broadband deployment programs aren't going to move fast enough to help families in immediate need of better internet access. But Democrats at the Federal Communications Commission say the incoming Biden administration could put a dent in that digital divide with one fast policy change.

State of play: An existing FCC program known as E-rate provides up to $4 billion for broadband at schools, but Republican FCC chairman Ajit Pai has resisted modifying the program during the pandemic to provide help connecting students at home.

Dion Rabouin, author of Markets
26 mins ago - Politics & Policy

America's hidden depression

Biden introduces his pick for Treasury secretary, Janet Yellen, on Dec. 1. Photo: Alex Wong/Getty Images

President-elect Biden faces a fragile recovery that could easily fall apart, as the economy remains in worse shape than most people think.

Why it matters: There is a recovery happening. But it's helping some people immensely and others not at all. And it's that second part that poses a massive risk to the Biden-Harris administration's chance of success.