It’s looking more likely that Republicans could lose the House in November, and Democrats are already planning their opening moves against the GOP if that happens.
Why it matters: The 2016 election gave Republicans the power to pass their agenda easily, from cutting taxes to cracking down on immigration. But a Democratic House would be able to stop them in their tracks. Democrats need to win 23 seats to take the majority in the House.
Illustration: Eniola Odetunde/Axios
The Federal Reserve is undergoing an overhaul. Conceived to keep inflation in check and oversee the country's money supply, the central bank is now essentially directing the economy and moving away from worries about rising prices.
What we're hearing: The move to act less quickly and forcefully to tamp down on inflation has been in the works for years, but some economists fear that the Fed is moving too far from its original mandate.
Illustration: Eniola Odetunde/Axios
Power 5 commissioners held an emergency meeting on Sunday to discuss the growing concern that fall sports can't be played because of COVID-19.
Driving the news: The Mid-American Conference on Saturday became the first FBS league to postpone fall sports and move them to the spring, and there are rumblings that Power 5 conferences are ready to follow suit.
Uber CEO Dara Khosrowshahi. Photo: Scott Heins/Getty Images)
Uber CEO Dara Khosrowshahi called for establishing "benefits funds" for gig workers in a New York Times op-ed out Monday.
Why it matters: Gig workers, who remain independent contractors and not employees, have long pushed companies like Uber for benefits comparable to those received by traditional workers. The coronavirus pandemic and its resultant economic strain has broadened those calls.