From left: President Trump (Pablo Martinez Monsivais / AP) and Iranian supreme leader, Supreme Leader Ayatollah Ali Khamenei (AP)

"Trump is expected to overrule his top national security advisers and decline to certify the Iran nuclear agreement, ... a decision that would reopen a volatile political debate," write the N.Y. Times' Mark Landler and David E. Sanger:

  • What's next: "By declining to certify Iran's compliance, Mr. Trump would essentially kick it to Congress to decide whether to reimpose punitive economic sanctions. Even among Republicans, there appears to be little appetite to do that, at least for now."
  • Why it matters: "The strategy is an effort by the Trump administration to make the nuclear agreement only part of a multidimensional approach to pressure Iran on many fronts ... But the administration has yet to articulate that broader strategy. As a result, the nuclear deal remains ... a political football in Washington."

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Updated 3 mins ago - Politics & Policy

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The interview was filmed on Tuesday, July 28 and aired Monday, Aug. 3 on HBO.

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A slew of high-profile headlines led by Microsoft's expected acquisition of social media video app TikTok helped bring the Nasdaq to another record high on Monday.

Why it matters: The mergers-and-acquisitions market looks like it's bouncing back, joining the revived credit and equity markets as well as the market for new public companies through IPOs and special purpose acquisition companies (SPACs).

U.S. Chamber of Commerce warns of racial inequality for small businesses

Illustration: Aïda Amer/Axios

Attitudes and beliefs about racial inequality are changing quickly as protests and media attention have helped highlight the gaps in opportunity between white- and minority-owned businesses in the United States.

Driving the news: A new survey from the U.S. Chamber of Commerce and MetLife provided early to Axios shows a 17-point increase in the number of small business owners who say minority-owned small businesses face more challenges than non-minority-owned ones.