Situational awareness: Apple just issued a rare earnings warning, citing economic deceleration "particularly in Greater China."
Illustration: Sarah Grillo/Axios
The sin industry may be shining during a renewed period of government leniency, but don't expect legal weed and sports gambling to emerge as major revenue sources for cash-starved states.
The big picture: "The expected stampede of states seeking to legalize [sports gambling] has parallels to the growing trend toward legalizing recreational marijuana, which 10 states have done and others are considering," the AP notes.
The bottom line: "Baye Larsen, who analyzes state finances at Moody’s, expects sports betting to account for a 'very, very small slice' of state revenue and will do little if anything to help cover their rising pension, Medicaid, education or infrastructure needs."
A sign on the door of the National Museum of the American Indian states that the museum is closed due to the partial government shutdown.
Photo: NASA/JHU APL/SWRI
The early data from the historic New Year's flyby of a space object nicknamed "Ultima Thule," located about 4 billion miles from Earth, reveals that it's comprised of two joined spheres that are reddish in color, Axios' Andrew Freedman reports.
Why it matters: This is the first so-called "contact binary" ever studied closely by a spacecraft.