Axios

President Trump said Monday that his direct-to-consumer drug website TrumpRx is expanding with the addition of more than 600 generic medicines.

Why it matters: Generic drugs tend to be cheaper — and the expanded offerings help fill a gap in the current version.

Playground Global, an early-stage venture firm focused on deep-tech, tells Axios that it's raised $475 million for its fourth fund.

Why it matters: Playground remains iconoclastic in a venture capital market that's largely turned conformist.

Teens today are drinking less than their parents did — but the trends that may be supercharging their sobriety aren't all positive.

The big picture: Researchers say there isn't one definitive reason for the shift. Some hypothesize it isn't solely a health kick, but that some teenagers have no one to say "cheers" with.