Sep 24, 2019

How the odds of Trump impeachment changed in a flash

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Data: Predictit.org; Chart: Nicholas Johnston/Axios

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Retail sales turn negative for the first time since February

Data: Census Bureau; Chart: Andrew Witherspoon/Axios

U.S. retail sales, which had been the highest-flying piece of American economic data for most of the year, fell in September for the first time in 7 months, raising fears that the U.S. manufacturing recession may be bleeding into the consumer side of the economy.

The big picture. Data from the Commerce Department showed the drop was a result of households cutting spending on building materials, online purchases and especially automobiles. Online retail sales also turned negative for the first time since December 2018.

Keep ReadingArrowOct 17, 2019

The future of privacy starts in California

Illustration: Sarah Grillo/Axios

A landmark privacy law in California, which kicks in Jan. 1, will give Golden State residents the right to find out what a company knows about them and get it deleted — and to stop the company from selling it.

Why it matters: It could effectively become a national privacy law, since companies that are racing to comply with it may give these privileges to non-Californians, too.

Go deeperArrowSep 30, 2019

Renewable energy will keep rising through 2050, but so will CO2 emissions

Adapted from EIA; Chart: Axios Visuals

Led by wind and solar, renewable energy will make up nearly 50% of global electricity within the next 30 years, up from today’s 28%, according to new data from the U.S. Energy Information Administration.

Yes, but ... The data also finds that carbon dioxide emissions will keep rising over that same time period, underscoring a stubborn, inconvenient fact: To tackle climate change, you need to address the emissions from oil, natural gas and coal, not just rapidly increase renewables.

Go deeper: Climate denial among D.C. policymakers thrives in echo chambers