Today’s jobs report showed that the U.S. economy added 577,000 jobs in May, which was a very strong number but below what many had been expecting.
Axios Re:Cap unpacks the report with Axios business reporters Courtenay Brown and Felix Salmon, who go below the headline numbers and explain what it all means for President Biden’s big spending plans. Plus, we discuss Facebook's decision to ban former President Trump for two years.
U.S. housing prices are soaring, due to a combination of ultra-low interest rates, sky-high lumber prices and a supply-and-demand imbalance brought on by the pandemic. But with the federal foreclosure moratorium just lifted, things could soon change.
Axios Re:Cap speaks with Jeremy Wacksman, COO of real estate tech company Zillow, to better understand what the boom means for consumers and the country, and how long it might last.
Every week for the past year, Axios has published a map of where COVID cases are rising and falling in the U.S. Today, we retire our map because cases are decreasing nationwide, and have been for a while now. But COVID isn’t disappearing completely. So what will this next phase of the pandemic look like?
Plus, the big question mark hanging over the summer Olympics.
And, our skeptical space reporter explains why UFOs are having a moment.
Guests: Dr. Lauren Ancel Meyers, director of the COVID-19 Modeling Consortium at the University of Texas, and Axios' Ina Fried and Miriam Kramer.
Credits: Axios Today is produced in partnership with Pushkin Industries. The team includes Niala Boodhoo, Sara Kehaulani Goo, Dan Bobkoff, Alexandra Botti, Nuria Marquez Martinez, Sabeena Singhani, Amy Pedulla, Naomi Shavin, and Alex Sugiura. Music is composed by Evan Viola. You can reach us at [email protected].
