Photo: Tasos Katopodis/Getty Images

Johnson & Johnson and UnitedHealth Group are lighting the Q1 earnings torch this week, per usual, but Wall Street investors are uneasy about the industry’s forecast even though companies are still immensely profitable right now.

Driving the news: Medicare for All legislation, the Trump administration’s drug rebate regulation and another legal battle over the Affordable Care Act have created volatility with health care stocks, which have traded below the broader market.

  • Those overhangs have especially affected the biggest health insurance companies even though they have reliably beaten Wall Street’s profit expectations almost every quarter for the past 3 years.
  • Barclays is holding a health care investor call today with Tim Gronniger, a former Obama administration health official, to talk through Medicare for All, among other topics.

By the numbers: We track more than 110 publicly traded health care companies, and together, they posted $168 billion of profit in 2018.

  • Just the profit haul of this basket of companies, which doesn’t include the hundreds of large U.S. not-for-profit hospital systems, is bigger than Utah’s entire economy.

Go deeper: Our health care earnings tracker is updated.

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How Trump's push to reopen schools could backfire

Illustration: Aïda Amer/Axios

The Trump administration’s full-steam-ahead push to fully reopen schools this fall is on a collision course with the U.S.' skyrocketing coronavirus caseload and its decades-long neglect of public education.

Why it matters: Getting kids back to school is of paramount importance for children and families, especially low-income ones. But the administration isn’t doing much to make this safer or more feasible.

Coronavirus squeezes the "sandwich generation"

Illustration: Eniola Odetunde/Axios

As the coronavirus poses risks and concerns for the youngest and oldest Americans, the generations in the middle are buckling under the increasing strain of having to take care of both.

Why it matters: People that make up the so-called sandwich generations are typically in their 30s, 40s and 50s, and in their prime working years. The increasing family and financial pressures on these workers means complications for employers, too.

Why Scranton matters again in 2020

Biden and Clinton visit Biden's childhood home in Scranton in 2016. Photo: Melina Mara/The Washington Post via Getty Images

The hometown of Joe Biden and "The Office" is polishing its perennial status as a guidepost for the nation's political mood.

Driving the news: Biden returns to Scranton, Pa., today with a campaign stop just outside the city limits at a metalworking plant, where he'll deliver remarks on a plan to create jobs and "help America build back better."