Gun manufacturers were betting that a Hillary Clinton victory would lead to a surge in gun sales, as often is the case when pro-gun control candidates win high-profile elections. Donald Trump's surprise victory put gun owners at ease, but also shot a hole in the sector's profits.

Source: Money.net

Michelle Leder of Footnoted points out that companies like Sturm Ruger & Company Inc and American Outdoor Brands Corporation, (formerly known as Smith & Wesson), saw their numbers plummet after the election. Strum, for instance, reported that the number of background checks they performed for gun purchases fell 24% in January from a year earlier — and that's after brisk sales leading up to November.

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Postal slowdown threatens election breakdown

In 24 hours, signs of a pre-election postal slowdown have moved from the shadows to the spotlight, with evidence emerging all over the country that this isn't a just a potential threat, but is happening before our eyes.

Why it matters: If you're the Trump administration, and you're in charge of the federal government, remember that a Pew poll published in April found the Postal Service was viewed favorably by 91% of Americans.

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Illustration: Aïda Amer/Axios

  1. Global: Total confirmed cases as of 2 p.m. ET: 21,280,608 — Total deaths: 767,422— Total recoveries: 13,290,879Map.
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USPS pushes election officials to pay more for mail ballots

Protesters gather in Kalorama Park in D.C. today before demonstrating outside the condo of Postmaster General Louis DeJoy. Photo: Cheriss May/Reuters

The Postal Service has urged state election officials to pay first class for mail ballots, which Senate Democratic Leader Chuck Schumer says could nearly triple the cost.

Why it matters: Senate Democrats claim that "it has been the practice of USPS to treat all election mail as First Class mail regardless of the paid class of service."