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Rainbow flags at New York City's Rockefeller Center on June 26. Photo: Gotham/Getty Images

After in-person celebrations for the 50th anniversary of New York City's annual pride parade were canceled due to the coronavirus pandemic, a march focused on the Black Lives Matter movement will take its place on Sunday.

Why it matters: New York's annual parade honors the first gay rights march in U.S. history, which started in 1970 to commemorate the Stonewall riots.

Catch up quick: NYCPride will livestream events to celebrate the parade Sunday at noon, as the Queer Liberation March for Black Lives — which says it has eschewed corporate funding and police participation — will also be held Sunday.

  • Participants in the march are encouraged to wear face masks and social distance.
  • The Queer Liberation march had originally cancelled its Sunday event, but organizers reversed the decision after George Floyd's killing, the New Yorker's Michael Schulman reports.

The big picture: Many Black Lives Matter protests have made it a point to call for justice for Black transgender people, who are on the receiving end of an inordinate amount of violence and discrimination.

Go deeper: A Radical Challenger to New York City’s Pride March (The New Yorker)

Go deeper

Several vessels sink at Trump boat parade on Texas lake

Officers responded to "multiple calls involving boats in distress during the Trump parade" on Lake Travis in Texas Saturday, Travis County Sheriff's Office said, adding, "Several boats did sink."

The big picture: A sheriff’s office spokesperson noted there were no adverse weather conditions and no foul play was suspected, but an investigation into the incident had begun, per AP. It was one of several boat rallies in the U.S. supporting President Trump Saturday. Chris Molla, who organized a New Jersey event supporting police officers, veterans and Trump, told Fox News they hoped to break the Guinness World Record for the largest boat parade.

Dion Rabouin, author of Markets
25 mins ago - Economy & Business

The Fed could be firing up economic stimulus in disguise

Federal Reserve governor Lael Brainard at a "Fed Listens" event. Photo: Eric Baradat / AFP via Getty Images.

Even as global growth expectations increase and governments pile on fiscal spending measures central bankers are quietly restarting recession-era bond-buying programs.

Driving the news: Comments Tuesday from Fed governor Lael Brainard suggest the Fed may be jumping onboard the global monetary policy rethink and restarting a program used following the 2008 global financial crisis.

Democrats' hypocrisy moment

Illustration: Eniola Odetunde/Axios. Photo: Ray Tamarra/Getty Images

Gov. Andrew Cuomo should be facing explicit calls to resign from President Biden on down, if you apply the standard that Democrats set for similar allegations against Republicans. And it's not a close call.

Why it matters: The #MeToo moment saw men in power run out of town for exploiting young women. Democrats led the charge. So the silence of so many of them seems more strange — and unacceptable by their own standards — by the hour.