Dan digs into ride-hail with Paul Hudson, founding partner of Glade Brook Capital Partners, a pre-IPO investor in both Lyft and Uber.

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

Why the stimulus delay isn't a crisis (yet)

Illustration: Aïda Amer/Axios

If the impasse between House Speaker Nancy Pelosi and the White House on a new stimulus deal is supposed to be a crisis, you wouldn't know it from the stock market, where prices continue to rise.

  • That's been in no small part because U.S. economic data has held up remarkably well in recent months thanks to the $2 trillion CARES Act and Americans' unusual ability to save during the crisis.
26 mins ago - World

Israel's secret embassy in Bahrain

Illustration: Annelise Capossela/Axios

This story is from Barak Ravid's new weekly newsletter, Axios from Tel Aviv, which launches today. Sign up here.

Israel has been conducting undercover diplomacy in Bahrain for more than a decade through a front company listed as a commercial consulting firm.

Why it matters: The existence of the covert diplomatic mission in the Bahraini capital Manama shows the depth of a secret relationship that came out into the open with a White House ceremony last month.

QAnon conspiracy theory explodes ahead of the election

Illustration: Sarah Grillo/Axios

The QAnon conspiracy theory is growing — and being weaponized to boost President Trump ahead of the election.

Why it matters: What began as a single conspiracy theory linking Hillary Clinton to child trafficking four years ago is now part of a convoluted web of falsehoods being spread to undermine Joe Biden.