Dec 9, 2019 - Economy & Business

Chris Wallace: Trump allegations are "far broader than the Clinton impeachment"

Fox News' Chris Wallace said Monday that the Ukraine-linked allegations against President Trump are "far broader than the Clinton impeachment," calling them "an issue of foreign policy, national security."

The big picture: Wallace was responding to a statement from Ken Starr, who headed the 1998 investigation that led to the impeachment of President Clinton, that House Democrats' inquiry was "narrow" and focused on charges of abuse of power regarding Ukraine and obstruction of Congress. Wallace pushed back on that assertion, calling the inquiry against Trump "a much bigger issue than whether or not Bill Clinton lied about sex."

Go deeper: Live updates from today's evidentiary impeachment hearing

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Dion Rabouin

46 mins ago - Economy & Business

The hard seltzer wars are heating up

Illustration: Aïda Amer/Axios

Competition in the hard seltzer market is heating up in the closing weeks of summer, as big companies like Constellation Brands, AB InBev and Molson Coors have entered the market and Coca-Cola is poised to join the fray in 2021.

Why it matters: The coronavirus pandemic has increased alcohol sales overall and hard seltzers are exploding in popularity and look to have staying power, boasting record high sales in recent weeks.

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Shane Savitsky, Rebecca Falconer

2 hours ago - Health

Why you should be skeptical of Russia's coronavirus vaccine claims

Photo: Alexey Druzhini/Sputnik/AFP via Getty Images

Russian President Vladimir Putin announced Tuesday that his country has registered a coronavirus vaccine and said that one of his daughters has already been inoculated, AP reports.

Why it matters: Scientists around the world are skeptical about Russia's claims. There is no published scientific data to back up Putin's claims that Russia has a viable vaccine — or that it produces any sort of immunity without significant side effects.

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Courtenay Brown

2 hours ago - Economy & Business

A quandary for state unemployment agencies

Illustration: Aïda Amer/Axios

State agencies charged with paying unemployment benefits to jobless residents have their backs against the wall as they rush to parse President Trump's executive actions on coronavirus aid.

Why it matters: States are being asked to pitch in $100 per unemployed resident, but it’s a heavy lift for cash-strapped states that are still unclear about the details and may not opt-in at all. It leaves the states and jobless residents in a state of limbo.