📷 As a test, Instagram will begin hiding "like" counts next week for a limited number of U.S. accounts, CEO Adam Mosseri announced at a WIRED conference.
🎬 Sneak peek at tomorrow's "Axios on HBO" (6 p.m. ET/PT): Dan Primack and I interview Uber CEO Dara Khosrowshahi about his view of drivers, and his big worry.
Illustration: Aïda Amer/Axios
Top economists say the economic effects of climate change are just beginning to be felt — and they're likely to start snowballing, Courtenay Brown reports.
The Federal Reserve — arguably the most influential economic body in the world — held its first-ever climate change research conference yesterday at the San Francisco Fed, where economists sounded the alarm:
The big picture, from Axios' Amy Harder: The Fed's attention to the problem stands in stark contrast to the Trump administration.
The Fed event took place in California, where increasingly destructive wildfires have pushed the state's top utility, PG&E, into bankruptcy. And it provided some of the firmest evidence to date that global warming could finally become a core issue in monetary policy, potentially influencing Fed decisions on interest rates.
"House Republicans sent Intelligence Committee Chairman Adam B. Schiff a list of witnesses they want to testify in the impeachment inquiry, including former vice president Joe Biden’s son Hunter Biden and the anonymous whistleblower," the WashPost's Colby Itkowitz reports.
⚡ Quick catch-up ... "There was no hinting around, it was a straight-out trade, two key White House officials told impeachment investigators" in transcripts released yesterday, per AP:
"There was no ambiguity," said Lt. Col. Alexander Vindman, an Army officer assigned to the National Security Council.
A surge of female winners in this week's state elections — most of them Democrats, and many of them women of color — reflected women's rising power since the 2016 election, AP's Sarah Rankin and Sara Burnett report.
In Virginia, Juli Briskman, a cyclist who was fired after she flipped off President Trump's motorcade, was elected to the Loudoun County Board of Supervisors, representing an area that's home to one of his golf courses.
In Maine, a 23-year-old Somali American woman was elected to the Lewiston City Council, defeating another Democrat and what she described as "internet trolls" who lobbed racist and sexist attacks via social media.
Germany today celebrated "the 30th anniversary of the fall of the Berlin Wall that divided East and West Germany, with President Frank-Walter Steinmeier thanking Eastern European neighbors for spurring on the peaceful revolution," Reuters reports.
How it unfolded: Frieder Reimold of The Associated Press "settled in on Nov. 9, 1989, to watch a televised evening briefing by Guenter Schabowski, a member of the Communist country’s Politburo," AP recalls in a reminiscence.
"It was so offhanded that it took Reimold a little time to recognize the implications..."
Go deeper: Read AP's story from 30 years ago today.
"More Borrowers Are Going Underwater on Car Loans," The Wall Street Journal's AnnaMaria Andriotis and Ben Eisen report (subscription):
What's happening: "Rising car prices have exacerbated an affordability gap that is increasingly getting filled with auto debt."
"Endeavor Group Holdings Inc. is buying Harry Walker Agency, bringing the speaking agency of former U.S. presidents Barack Obama and Bill Clinton under the control of the owner of one of Hollywood’s biggest talent representatives," Bloomberg's Lucas Shaw reports.
"Both ICM Partners and United Talent Agency acquired speaking agencies in 2017."
A massive mural of Greta Thunberg, the 16-year-old Swedish climate activist, is staring down at pedestrians in San Francisco's Union Square, AP reports.
Iglesias also painted a since-demolished mural of Robin Williams in downtown San Francisco.
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