Sign up for our daily briefing

Make your busy days simpler with Axios AM/PM. Catch up on what's new and why it matters in just 5 minutes.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Catch up on the day's biggest business stories

Subscribe to Axios Closer for insights into the day’s business news and trends and why they matter

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Stay on top of the latest market trends

Subscribe to Axios Markets for the latest market trends and economic insights. Sign up for free.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Sports news worthy of your time

Binge on the stats and stories that drive the sports world with Axios Sports. Sign up for free.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Tech news worthy of your time

Get our smart take on technology from the Valley and D.C. with Axios Login. Sign up for free.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Get the inside stories

Get an insider's guide to the new White House with Axios Sneak Peek. Sign up for free.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Axios on your phone

Get breaking news and scoops on the go with the Axios app.

Download for free.

Catch up on coronavirus stories and special reports, curated by Mike Allen everyday

Catch up on coronavirus stories and special reports, curated by Mike Allen everyday

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Denver news?

Get a daily digest of the most important stories affecting your hometown with Axios Denver

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Des Moines news?

Get a daily digest of the most important stories affecting your hometown with Axios Des Moines

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Twin Cities news?

Get a daily digest of the most important stories affecting your hometown with Axios Twin Cities

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Tampa Bay news?

Get a daily digest of the most important stories affecting your hometown with Axios Tampa Bay

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Charlotte news?

Get a daily digest of the most important stories affecting your hometown with Axios Charlotte

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Sign up for Axios NW Arkansas

Stay up-to-date on the most important and interesting stories affecting NW Arkansas, authored by local reporters

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Photo: Alex Wong/Getty Images

With his constant commentating and public negotiating, Trump lawyer Rudy Giuliani is setting up unmeetable expectations for special counsel Robert Mueller — a kind of insurance policy with the president's base.

What he's saying: The former New York mayor told Fox News' Sean Hannity in an interview last night that the investigation should be "over by September," and that Mueller's case "isn’t going to fizzle. It's going to blow up on them." He added, "[T]here's a lot more to what they did that nobody knows about yet ... a lot more to the obstruction of justice, to the collusion, to the fake dossier."

Giuliani told Axios that there are two topics the president's lawyers want to rule out in order to agree to a Trump sit-down with Mueller:

  1. Why Trump fired FBI Director James Comey.
  2. What Trump said to Comey about the investigation of former national security adviser Michael Flynn.

Giuliani mentioned those as if they were minor details — totally reasonable areas for Mueller to agree to avoid.

  • In fact, they’re central to the question of whether Trump obstructed justice.

So here's how to read between the lines of Giuliani's frequent media appearances:

  1. Rudy is pushing and pulling Mueller, and every day throws more mud over the investigation.
  2. The mayor is exploiting Mueller’s silence. Because Mueller can’t and won’t discuss the investigation, Rudy gets to monopolize the airwaves and frame the debate on his terms.
  3. Giuliani is publicly rushing Mueller to wrap up his investigation by September, and at the same time trying to rule out some of the key questions Mueller wants to explore with Trump before wrapping up the probe.

Giuliani is also personalizing it, framing everything as Mueller trying to entrap Trump.

  • The theater of going back and forth with Mueller is designed to create a public impression — or at least an impression in the eyes of Republican voters — that Mueller has personal animus towards Trump, and is trying to use legal trickery to steal the election from Trump voters. This is pure P.R.  

Why it matters: Giuliani is publicly setting up Mueller with expectations he must know Mueller can’t meet.

  • There's no way Mueller is wrapping this thing up by Sept. 1.
  • And there's no way Mueller will agree to an interview with Trump on the condition that he won’t ask him two of the critical questions about obstruction of justice.
  • By claiming them as totally reasonable asks, when Mueller ultimately doesn’t deliver by Labor Day, Rudy helps fuel the base’s rage all the way through to midterms.

Be smart: The strategy is working.

  • You see in polls that Trump has made the investigation a red-blue issue.
  • You see it in footage of Republican voters at town halls, echoing the anti-Mueller line.

Go deeper: Rudy late last month on Mueller: "They don't have a goddamn thing."

Go deeper

Fed chair says he isn't concerned by Delta surge

Fed Chairman Jerome Powell at the G20 finance ministers and central bankers meeting in Venice last month. Photo: Andreas Solaro/AFP via Getty Images

One of the country's most influential economic officials doesn't anticipate that surging coronavirus cases will knock the reopening recovery off course.

What he's saying: "There has tended to be less economic implications from each [coronavirus] wave. We'll see if that's the case for the Delta variety," Federal Reserve Chairman Jerome Powell told reporters today.

Updated 2 hours ago - Economy & Business

Ubisoft workers demand company accountability in open letter

Photo: Frederic Brown / Getty Images

Close to 500 current and former employees of “Assassin’s Creed” publisher Ubisoft are standing in solidarity with protesting game developers at Activision Blizzard with a letter that criticizes their company's handling of sexual misconduct.

Why it matters: Ubisoft and Activision Blizzard workers are framing the actions as part of a bigger movement meant to have lasting change in the industry and its culture.

Companies deploy tech to prevent retail crime

Customers in a Home Depot in Pleasanton, California, in February 2021. Photo: David Paul Morris/Bloomberg via Getty Images

Retailers have a new edge for fighting theft: They're using technology to disable stolen goods — from iPhones to Black & Decker drills — and render them useless.

Why it matters: Organized retail crime has a considerable affect on retailers every year, costing them an average of $719,000 per $1 billion dollars in sales, according to estimates from the National Retail Federation.