Mike Pompeo sits for a confirmation hearing with the Senate Foreign Relations Committee. Photo: Jahi Chikwendiu/The Washington Post Getty Images

Newly sworn-in secretary of state, Mike Pompeo, is spending his second full day on the job in Riyadh, Saudi Arabia, campaigning for support from Middle Eastern nations on new Iran sanctions.

What they're saying: “We are urging nations around the world to sanction any individuals and entities associated with Iran’s missile program, and it has also been a big part of discussions with Europeans,” policy advisor traveling with the secretary, Brian Hook, told Reuters reporters. “Iran’s missiles prolong war and suffering in the Middle East, they threaten our security and economic interests and they especially threaten Saudi Arabia and Israel,” he added.

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Dion Rabouin, author of Markets
28 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
32 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

  1. Health: Large coronavirus outbreaks leading to high death rates — Coronavirus cases are at an all-time high ahead of Election Day — Fauci says U.S. may not return to normal until 2022
  2. Politics: Space Force's No. 2 general tests positive for coronavirus
  3. World: Taiwan reaches a record 200 days with no local coronavirus cases
  4. Europe faces "stronger and deadlier" wave France imposes lockdown Germany to close bars and restaurants for a month.
  5. Sports: Boston Marathon delayed MLB to investigate Dodgers player who joined celebration after positive COVID test.