Axios

Financial markets will be largely — but not entirely — closed for the National Day of Mourning for Jimmy Carter on Thursday, Jan. 9.

State of play: Markets typically close on such days, as they did in December 2018 for the funeral of President George H.W. Bush.

With all the excitement bitcoin has generated this year, a lot of new crypto investors have made nice gains — now it's times to think about the tax bill.

Why it matters: One price the industry has paid by going mainstream is greater scrutiny from revenue authorities.

Big questions loom over yesterday's crash that killed all but two of the 181 people aboard a South Korean jetliner.

The big picture: Video shows the Jeju Air Boeing 737-800 suffering an apparent bird strike, then attempting a belly landing before skidding down the runway into an antenna atop a small hill and exploding.

Millions of workers are getting a raise on Jan. 1, when the minimum wage is set to rise across 21 states, and 48 cities and counties.

Why it matters: The increases lift the pay of more than 9.2 million people, per the Economic Policy Institute's tally.

Authorities in Kazakhstan are investigating the cause of an Azerbaijan Airlines plane crash in the country, which killed 38 people and injured 29 others on Christmas Day.

The big picture: Flight J2-8243 was diverted while en route from Baku, Azerbaijan's capital, to Grozny in southern Russia.

Azerbaijan has demanded that Russia admit its guilt over a Christmas Day plane crash that killed 38 people, the country's President Ilham Aliyev said on Sunday.

The big picture: Russian President Vladimir Putin apologized to Aliyev for the Azerbaijan Airlines crash occurring in Russian airspace, but a Kremlin statement made clear he wasn't accepting responsibility for the incident.