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Illustration: Sarah Grillo/Axios. Animation: Nathan Goodell/The Strangeworks
Joe Biden confidants are privately discussing potential leaders and Cabinet members for his White House, including the need to name a woman or African American — perhaps both — as vice president, top sources tell "Axios on HBO."
Behind the curtain: Campaign officials say the name game isn't where Biden's head is — he knows he has major primary and general-election fights ahead.
But it's a sign of the sudden optimism around his candidacy that some in his circle of trust are starting to think down the road, starting with the V.P. pick:
U.S. long-term interest rates have plunged to unprecedentedly low levels — lower even than was seen at the depths of the global financial crisis, Axios chief financial correspondent Felix Salmon writes.
For a homebuyer looking at 30-year fixed mortgage rates of 2.75%, the current state of affairs can seem unambiguously positive. But these rates violate common-sense intuitions of what money is worth.
Illustration: Sarah Grillo/Axios
Forget black swans. We’re getting run over by two gray rhinos: coronavirus and climate change, Axios' Amy Harder writes in her "Harder Line" energy column.
The big picture: The coronavirus spreading infection and fear around the world is prompting black swan references from the media and investors alike, as is climate change’s impact on financial markets.
For most people on the street — or a cruise ship — it’s probably OK if they haven’t been paying attention until now to a potential epidemic.
The counties in Michigan, Wisconsin and Pennsylvania that flipped from blue to red in 2016 all have this in common: They're heavily reliant on manufacturing — and are still struggling amid industrial decline, Axios' Kim Hart writes.
In 2016, President Trump won by a total of 80,000 votes in Michigan, Pennsylvania and Wisconsin.
Michigan added 19,500 jobs in 2018-2019, but at the same time lost 5,300 manufacturing jobs.
Quarterly polling by Firehouse Strategies (founded by Republicans) and 0ptimus finds that President Trump’s lead dropped considerably against both Joe Biden and Bernie Sanders since December in Michigan, Pennsylvania and Wisconsin.
Spotted today outside a mall in Bangkok, Thailand. Photo: Sakchai Lalit/AP
⛪ The Rev. Timothy Cole, the rector of Christ Church Georgetown, a prominent Episcopal church in D.C., was in stable condition after being hospitalized Saturday night — the first person in the city to test positive for the virus.
🇺🇸 Sen. Ted Cruz (R-Texas) and Rep. Paul Gosar (R-Ariz.) said they'll self-quarantine after coming into contact with someone at CPAC who tested positive.
🚨 "We're past the point of containment": "As a cruise ship with nearly 3,000 stranded travelers prepares to dock [today] in the Port of Oakland, top health officials warn that the country has entered a new stage ... one in which containment is no longer possible." (L.A. Times)
💰 Wall Street's coronavirus anxiety hits new heights, overnight trading shows. Go deeper.
Photo Illustration: Sarah Grillo/Axios
Gender-based violence, WhatsApp message taxes and the rising cost of bread have set off some of the largest protests in the past year, and women were among the first in the streets, often risking their personal safety, Axios' Rashaan Ayesh writes.
Why it matters: There is a direct correlation between the success of protest movements and the participation of women, Harvard professor Erica Chenoweth finds.
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