Photo: Alex Wong/Getty Images

Jared Kushner is meeting with Sens. John Cornyn (R-TX) and Sheldon Whitehouse (D-RI), as well as Reps. Doug Collins (R-GA) and Hakeem Jeffries (D-NY) to strategize on how to move a prison reform bill forward following its passage in the House last month, according to two Hill sources familiar with the meeting.

Why it matters: This comes as Senate Judiciary Chairman Chuck Grassley (R-IA) continues to promote his own, more comprehensive criminal justice reform bill that has received broad bipartisan support. However, the controversial reforms to harsh federal sentencing laws have kept Attorney General Jeff Sessions and President Trump from backing the legislation. Instead, the two support Cornyn and Whitehouse's prison reform-only bill. Go deeper: What's in the prison reform bill.

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Uber to buy Postmates in $2.65 billion deal

Illustration: Sarah Grillo/Axios

Uber has agreed to acquire food delivery company Postmates for $2.65 million in an all-stock deal, the companies announced Monday.

Why it matters: This is the latest merger for the food delivery space as the sector undergoes an ongoing market consolidation.

Analysts expect soaring stock market despite slashed earnings forecasts

Data: FactSet; Chart: Axios Visuals

Despite cutting expectations for companies' earnings by the most in history and revenue by the most since 2009, Wall Street analysts are getting increasingly bullish on the overall direction of the U.S. stock market.

What's happening: Equity analysts are expecting earnings in the second quarter to fall by 43.8% — the most since 2008's fourth quarter 69.1% decline.

Case growth outpacing testing in coronavirus hotspots

Data: The COVID Tracking Project. Note: Vermont and Hawaii were not included because they have fewer than 20 cases per day. Chart: Andrew Witherspoon/Axios

The United States' alarming rise in coronavirus cases isn't due to increased testing — particularly not where cases have grown fastest over the last month.

Why it matters: The U.S. doesn't yet know what it looks like when a pandemic rages on relatively unchecked after the health system has become overwhelmed. It may be about to find out.