Philadelphia Police Commissioner Richard Ross. Photo: Mark Makela/Getty Images

Philadelphia police say a graduation party shooting on Sunday night has left 1 person dead and at least 7 people injured, CBS Philly reports.

Details: About 60 people were at the party in southwest Philadelphia when an unidentified gunman fired at least eight shots about 10 p.m., according to NBC News. Four teenagers aged 15-17 were shot, along with 4 adults in their 20s, 1 of whom died after being taken to hospital, Police Commissioner Richard Ross told a news conference, per ABC News.

Go deeper: Gun violence as a national security threat

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

Investors have nowhere to hide

Photo: Jeenah Moon/Getty Images

The massive losses in oil prices and U.S. and European equities were not countered by gains in traditional safe-haven assets on Wednesday.

Why it matters: The unusual movement in typical hedging tools like bonds, precious metals and currencies means they are not providing investors an asset that will appreciate in the event of a major equity selloff.

Kendall Baker, author of Sports
26 mins ago - Sports

A look inside sports owners' political donations

Data: ESPN/FiveThirtyEight; Chart: Axios Visuals

Sports team owners in the four largest North American leagues (NFL, NBA, MLB, NHL) have donated over $46 million in federal elections since 2015, according to research conducted by ESPN and FiveThirtyEight.

By the numbers: Over the past three elections, $35.7 million of that money (77.4%) has gone to Republican campaigns and super PACs, compared to $10.4 million (22.6%) to Democrats.

Updated 2 hours ago - Politics & Policy

Coronavirus dashboard

Illustration: Sarah Grillo/Axios

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