Photo: PAU BARRENA/AFP/Getty Images

The FCC said Monday it will auction off access to multiple chunks of wireless spectrum.

Why it matters: It's part of an aggressive push towards super-fast 5G wireless services, which require new swaths of airwaves to become available to the carriers building the networks.

The details: The FCC said it wants to hold two auctions — first of the 28 gigahertz band of airwaves and then of the 24 gigahertz band — starting later this year. These airwaves are in the higher frequency bands, meaning signals travel shorter distances and are often used in urban settings.

  • The wireless industry's trade association praised the announcement, calling it "a critical next step to meeting the United States' 5G ambitions."

But but but: Congress has to pass a law sorting out some of the financial arrangements around spectrum auctions first, the agency says. It says that has to get done by mid-May for its timeline to work.

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Biden releases 2019 tax returns ahead of debate

Photo: Alex Wong/Getty Images

Joe Biden's campaign released his 2019 tax returns on Tuesday, showing that he and his wife, Jill, paid nearly $300,000 in federal taxes last year.

Why it matters: The release, timed just hours before the first presidential debate, comes days after a bombshell New York Times report said that President Trump paid only $750 in federal taxes in 2016 and 2017. Biden's team is hoping to make the tax contrast a sticking point during their showdown.

Updated 1 hour ago - Politics & Policy

Coronavirus dashboard

Illustration: Sarah Grillo/Axios

  1. Global: Total confirmed cases as of 1 p.m. ET: 33,443,701 — Total deaths: 1,003,337 — Total recoveries: 23,200,183Map.
  2. U.S.: Total confirmed cases as of 1 p.m. ET: 7,159,222 — Total deaths: 205,345 — Total recoveries: 2,794,608 — Total tests: 102,342,416Map.
  3. Health: Americans won't take Trump's word on the vaccine, Axios-Ipsos poll finds.
  4. States: NYC's coronavirus positivity rate spikes to highest since June.
  5. Sports: Tennessee Titans close facility amid NFL's first coronavirus outbreak.
  6. World: U.K. beats previous record for new coronavirus cases.

NYC's coronavirus positivity rate spikes to highest since June

New York Mayor Bill de Blasio. Photo: Noam Galai/Getty Images

New York City's coronavirus positivity rate has ticked up to 3.25%, its highest since June, Mayor Bill de Blasio said at a news conference on Tuesday.

Why it matters: The jump — from 1.93% on Monday — came on the first day that public elementary classrooms reopened in the city after months of closures, but guidelines state that all public schools will have to shut if the citywide seven-day positivity rate stays above 3%.