Jul 9, 2019 - Politics & Policy

Joe Biden's $15 million income bump

Joe Biden attends the Rainbow PUSH Coalition Annual International Convention on June 28. Photo: Scott Olson/Getty Images

Joe Biden's annual personal financial disclosure, released on Tuesday, shows that he is the richest top 2020 Democratic candidate, the Washington Post reports.

By the numbers: Biden reported more than $15 million in earnings over the past 2 years, with just over $4.5 million in 2018 and $11 million for 2017. He brought in $396,456 in gross income for 2016. His speaking fees and book payments totaled $3.2 million in 2018 and $10 million in 2017, per the Post. Biden also released his tax returns on Tuesday.

Read Biden's full financial disclosure:

Go deeper: Money doesn't matter in modern presidential races

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Jennifer A. Kingson
17 mins ago - Economy & Business

Markets swell as the economy shrinks

Illustration: Eniola Odetunde/Axios

The economy is sputtering, but the markets are thriving — a highly unusual event that shows how the coronavirus has thrown all bets off.

Why it matters: The disconnect adds to the wealth gap. The richest 10% of households — who own 84% of stocks — are getting richer, while millions of out-of-work Americans cross their fingers that pandemic unemployment benefits will be extended.

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Axios
Updated 7 hours ago - Politics & Policy

Coronavirus dashboard

Illustration: Sarah Grillo/Axios

  1. Global: Total confirmed cases as of 10 p.m. ET: 10,836,500 — Total deaths: 520,605 — Total recoveries — 5,723,808 — Map.
  2. U.S.: Total confirmed cases as of 10 p.m. ET: 2,735,554 — Total deaths: 128,684 — Total recoveries: 781,970 — Total tested: 33,462,181 — Map.
  3. Public health: The states where face coverings are mandatory — Regeneron stops trial after drug fails to help patients — What we know about the coronavirus immune response — Fauci says it has been a "very disturbing week" for the spread of the coronavirus in the U.S.
  4. Business: Top business leaders urge the White House to develop mandatory mask guidelines.
  5. Politics: Herman Cain hospitalized for COVID-19 after attending Trump Tulsa rally — Biden downplays jobs number, rebukes Trump for ignoring health crisis.
  6. Economy: The economy may recover just quickly enough to kill political interest in more stimulus.
  7. States: Texas mandates face masks in public spaces — Florida reports more than 10,000 new coronavirus cases, and its most-infected county issues curfew.
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Orion Rummler
8 hours ago - Health

Fauci: Coronavirus surges mark a "very disturbing week" in the U.S.

Fauci testifies to the Senate Health, Education, Labor and Pensions Committee on June 30. Photo: Al Drago/AFP via Getty Images

NIAID director Anthony Fauci told medical journal JAMA on Thursday that it has been a "very disturbing week" for the spread of the novel coronavirus in the U.S.

What's happening: The number of coronavirus cases increased in the vast majority of states over the last week, and decreased in only two states plus the District of Columbia, Axios' Caitlin Owens reports.

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