Oil prices have cratered due to reduced demand and a dispute between Russia and Saudi Arabia, threatening one of America's largest industries. Dan digs in with Axios energy reporters Amy Harder and Ben Geman.
Go deeper: Crisis tests Trump's love of cheap oil
A just-published Brookings Institution analysis of U.S. cities' pledges to cut carbon emissions reveals very mixed results.
Why it matters: The potential — and limits — of city and state initiatives have gotten more attention amid President Trump's scuttling of Obama-era national policies.
Photo: Joe Raedle/Getty Images
First-time applications for unemployment fell last week, according to Department of Labor data released on Thursday.
Between the lines: The overall number of Americans relying on unemployment also fell to a still-staggering 23 million. But there are continued signs of labor market strain, with more people shifting to an unemployment program designed for the long-term jobless.
Illustration: Aïda Amer/Axios