Kim Jong-un celebrates what was said to be the test launch of an intermediate range missile. Photo: Korean Central News Agency/Korea News Service via AP

Speaking about North Korea during a preview of Trump's appearance at the United Nations next week, National Security Adviser H.R. McMaster — accompanied by U.N. Ambassador Nikki Haley — told reporters at the top of the White House briefing:

"I think we ought to make clear what's different about this approach is, is that we're out of time, right? As Ambassador Haley said before, we've been kicking the can down the road, and we're out of road."

Breaking: Defiant Kim Jong-un says North Korea is nearing its goal of "equilibrium" in military force with the United States, according to the North's official Korean Central News Agency:

"While the English version of the report was less straightforward, the Korean version quoted Kim as declaring the missile as operationally ready. He vowed to complete his nuclear weapons program in the face of strengthening international sanctions."

In the five weeks since Trump threatened Pyongyang with "fire and fury," North Korea has launched three missiles and tested a hydrogen bomb, AP's Deb Riechmann notes:

"And what have the U.S. and its allies achieved? A new set of U.N. sanctions that even Trump declared a 'small step,' extensive talks and a rhetorical two-step that leaves them where they have been for years."

Go deeper

Obama: Trump emboldens people to be "cruel and divisive and racist"

Former President Barack Obama. Photo: ALEX EDELMAN / Getty Images

In his first campaign rally appearance on behalf of Joe Biden, former President Barack Obama urged Americans to vote, saying "we can't afford another four years" of a Trump presidency.

Why it matters via Axios' Hans Nichols: With less than two weeks until Election Day, Obama made his case for Biden in Pennsylvania, a state that Trump's campaign knows he needs to win.

Quibi says it's shutting down

Photo: Igor Golovniov/SOPA Images/LightRocket via Getty Images

Quibi, the mobile-only video subscription streaming service, is shutting down, the company announced Wednesday. The company said the decision was made to preserve shareholder equity.

Why it matters: Quibi had struggled to hit its subscriber growth targets amid the global pandemic. The app launched six months ago.

Updated 3 hours ago - Politics & Policy

Coronavirus dashboard

Illustration: Aïda Amer/Axios

  1. Politics: Senate Democrats block vote on McConnell's targeted COVID relief bill McConnell urges White House not to strike stimulus deal before election.
  2. Economy: Why the stimulus delay isn't a crisis (yet).
  3. Health: New York reports most COVID cases since MayStudies show drop in coronavirus death rate — The next wave is gaining steam.
  4. Education: Schools haven't become hotspots — San Francisco public schools likely won't reopen before the end of the year.
  5. World: Spain becomes first nation in Western Europe to exceed 1 million cases.