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Fox News continued to deviate from MSNBC and CNN on Tuesday night, downplaying the new NYT report about Comey's memo and Monday's Washington Post report that Trump revealed classified information to Russia. Hosts called the reports "fake," and criticized the journalists for using anonymous sources while pivoting to cover other stories, like the Clinton Foundation, the President's first trip overseas and the conspiracy theory around the murder of DNC staffer Seth Rich, which was debunked by NBC earlier Tuesday evening.

Why it matters: Fox's coverage may be hurting its ratings, especially amongst younger viewers. MSNBC beat Fox in the coveted 25-54 demographic demo for the first time in seven years last week and both MSNBC and CNN beat Fox in the demo Monday and last Tuesday.

MSNBC rising: MSNBC has been edging in on Fox's lead overall, due in large part to the 9 p.m. hour with Rachel Maddow. But while the network has seen notable gains this past week as White House scandals have escalated, that success is part of a broader trend. Fox ratings have been steadily decreasing over the last three months, while MSNBC's have been rising.

By the hour:

  • In the 8 p.m. hour: Fox host Tucker Carlson discussed the Clinton Foundation, a tax provision in NY targeting Trump and a show cancellation, while Chris Hayes on MSNBC and Anderson Cooper on CNN focused almost exclusively on the Comey memo. At one point, NYC Councilman Corey Johnson told Tucker Carlson on his Trump NYC tax bill segment: "I'm just a lowly city council member. There's bigger news today than this."
  • In the 9 p.m. hour: Fox's Jesse Waters on "The Five" called the Comey revelations a "fake scandal," and Fox's Kim Guilfoyle suggested Comey may have made up the memo, while Rachel Maddow focused almost exclusively on the Comey scandal and CNN aired its exclusive with Sally Yates and focused on the Comey memo.
  • In the 10 p.m. hour: Sean Hannity opened with a graphic reading "Washington Post WRONG AGAIN," and called a CNN coverage of the Washington Post Russia report "fake news." MSNBC continued to nearly exclusively cover the Comey scandal while CNN featured a town hall with Sen. Bernie Sanders and Sen. John Kasich where the Comey memo was discussed.

Go deeper

Chauvin trial leaves cities, activists across America on edge

Illustration: Brendan Lynch/Axios

The impact of the Derek Chauvin trial is reverberating far beyond the walls of the downtown Minneapolis courtroom.

The state of play: With the trial set to enter its third week, activists across America are watching the proceedings unfold with heavy skepticism that what they perceive as justice will be served.

Felix Salmon, author of Capital
1 hour ago - Economy & Business

The dispiriting housing boom

Illustration: Sarah Grillo/Axios

It's a discouraging scene: Bidding wars, soaring prices, and fears that homeownership is becoming out of reach for millions of Americans. We're in a housing frenzy, driven by a massive shortage of inventory — and no one seems to be happy about it.

Why it matters: Not all bubbles burst. Real estate, in particular, tends to rise in value much more easily than it falls. Besides, says National Association of Realtors chief economist Lawrence Yun, this "is not a bubble. It is simply lack of supply."

Updated 5 hours ago - World

China's COVID vaccines have low efficacy rates, official says

China Centers for Disease Control director Gao Fu at a March event in Beijing, China. Photo: Han Haidan/China News Service via Getty Images

The Chinese Center for Disease Control and Prevention's director said Saturday authorities are considering mixing COVID-19 vaccines because the country's domestically made doses "don't have very high protection rates," per AP.

Why it matters: The remarks by the Gao Fu at a news conference in the southwestern city of Chengdumark mark the first time a Chinese health official has spoken publicly about the low efficacy of vaccines made in China.