Isaac Brekken/AP

There will be more store closings in America this year than in 2008, but Las Vegas Strip retailers are actually expanding square footage, the Las Vegas Sun reports.

Purveyors of the strip attract customers with sensory experiences, and profit from impulse buys once shoppers are in the store. It's no surprise that Las Vegas is attracting record crowds, but its traditional retailers are also leveraging that success despite an overall shift toward e-commerce.

Why it matters: Las Vegas is uniquely positioned to attract shoppers looking for something to do, so it's not clear that this model is replicable in every case. That said, mall owners across the country are investing in their properties at the highest rate since 2008 on the logic that they can breathe life into their businesses by making the shopping mall a destination in its own right.

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Amy Harder, author of Generate
1 hour ago - Energy & Environment

Climate change goes mainstream in presidential debate

Photo illustration: Aïda Amer/Axios. Photo: Olivier Douliery-Pool/Getty

The most notable part of Thursday’s presidential debate on climate change was the fact it was included as a topic and assumed as a fact.

The big picture: This is the first time in U.S. presidential history that climate change was a featured issue at a debate. It signals how the problem has become part of the fabric of our society. More extreme weather, like the wildfires ravaging Colorado, is pushing the topic to the front-burner.

Finally, a real debate

Photo: Morry Gash/AP

A more disciplined President Trump held back from the rowdy interruptions at tonight's debate in Nashville, while making some assertions so outlandish that Joe Biden chuckled and even closed his eyes. A Trump campaign adviser told Axios: "He finally listened." 

The result: A real debate.

Biden to Trump: "I have not taken a penny from any foreign source ever in my life"

Former VP Joe Biden pushed back Thursday against allegations from President Trump, saying he had never profited from foreign sources. "Nothing was unethical," Biden told debate moderator Kristen Welker about his son Hunter's work in Ukraine while he was vice president.

Why it matters: Earlier on Thursday, Hunter Biden's former business partner, Tony Bobulinski, released a statement saying Joe Biden's claims that he never discussed overseas business dealings with his son were "false."