Semi-automatic rifles are seen for sale in a gun shop in Las Vegas, Nevada. Photo: Robyn Beck/AFP via Getty Images

Firearm sales dropped by 6.1% in 2018, marking the second straight year since the 2016 election that gunmakers and dealers have had to grapple with what industry groups call the "Trump slump," Reuters report.

The big picture: Trump's 2016 victory has largely eliminated concerns among pro-gun advocates that fear a crackdown on gun ownership. The National Shooting Sports Foundation estimates sales have plunged from 15.7 million in 2016 to 13.1 million in 2018 — a two-year drop of 16.5%. "Obama was the best-selling president for guns," Trisha Kinney, owner of a firearm retailer in California, told Reuters. "Every time he opened his mouth."

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Ina Fried, author of Login
13 mins ago - Technology

Amazon wants to flood America with Alexa cameras and microphones

Photo: Amazon

In a Thursday event unveiling a slew of new home devices ahead of the holidays, Amazon made clearer than ever its determination to flood America with cameras, microphones and the voice of Alexa, its AI assistant.

The big picture: Updating popular products and expanding its range to car alarms and in-home drones, Amazon extended its lead in smart home devices and moved into new areas including cloud gaming and car security. The new offerings will also fuel criticism that the tech giant is helping equip a society built around surveillance.

Ben Geman, author of Generate
1 hour ago - Energy & Environment

Oil's turbulent long-term future

Illustration: Aïda Amer/Axios

The oil sector is facing risks from all sides.

Why it matters: Risk in the industry is nothing new. But these are especially turbulent and uncertain times. The industry's market clout has waned, the future of demand is kind of a mystery, and future U.S. policy is too, just to name three.

Meadows on Wray's voter fraud dismissal: "He has a hard time finding emails in his own FBI"

White House chief of staff Mark Meadows dismissed FBI Director Chris Wray's testimony that the U.S. has never historically seen evidence of widespread voter fraud, including by mail, during an appearance on "CBS This Morning" on Friday.

Why it matters: Meadows' statement highlights the Trump administration's strategy to sow doubt in November's election results by challenging the legitimacy of mail-in ballots, which are expected to skew heavily in Democrats' favor.

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