Apr 26, 2017

Ivanka Trump's new fund for female entrepreneurs

Michael Sohn / AP

Ivanka Trump told me yesterday from Berlin that she has begun building a massive fund that will benefit female entrepreneurs around the globe. Both countries and companies will contribute to create a pool of capital to economically empower women.

"The statistics and results prove that when you invest in women and girls, it benefits both developed and developing economies," she said. "Women are an enormous untapped resource, critical to the growth of all countries."

  • Under the radar: Canadians, Germans and a few Middle Eastern countries have already made quiet commitments, as have several corporations, a source said.
  • How it'll work: The fund will provide working and growth capital to small- and medium-sized enterprises.
  • Who's involved: President Trump is a huge supporter of his daughter's idea, and she has consulted with World Bank Group President Jim Yong Kim about how to pull it off in a huge way.

Update: Here are the 6 questions we're asking about this new fund

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America's future looks a lot like Nevada

Illustration: Sarah Grillo/Axios

Today's Nevada caucus will foreshadow the future of American politics well beyond 2020.

Why it matters: The U.S. is in the midst of a demographic transformation, and the country's future looks a lot like Nevada's present. Today's results, in addition to shaping the 2020 race, will help tell us where politics is headed in a rapidly changing country.

Coronavirus spreads to more countries, and U.S. ups its case count

Data: The Center for Systems Science and Engineering at Johns Hopkins, the CDC, and China's Health Ministry. Note: China numbers are for the mainland only and U.S. numbers include repatriated citizens.

The novel coronavirus continues to spread to more nations, and the U.S. reports a doubling of its confirmed cases to 34 — while noting those are mostly due to repatriated citizens, emphasizing there's no "community spread" yet in the U.S. Meanwhile, Italy reported its first virus-related death on Friday.

The big picture: COVID-19 has now killed at least 2,359 people and infected more than 77,000 others, mostly in mainland China. New countries to announce infections recently include Israel, Lebanon and Iran.

Go deeperArrowUpdated 14 hours ago - Health