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Former Minneapolis police officer Mohamed Noor after recieving his sentencing. Photo: Leila Navidi/Star Tribune/Getty Images

Former Minneapolis police officer Mohamed Noor was sentenced to 12 1/2 years in prison on Friday for fatally shooting a white woman, Justine Ruszczyk Damond, in 2017, AP reports.

Why it matters: The question of race has cast a shadow over the trial since it began. Noor's supporters say the Somali American, who is Muslim, has been treated more harshly than other officers involved in fatal shootings. Others say Damond's death has drawn attention to police brutality in Minneapolis, according to the New York Times.

  • Since 2005, only 3 other officers have been convicted of murder, and seen their convictions stand, NBC reports.
  • This is the first time an officer in Minnesota has been convicted of a fatal shooting in the line of duty and sentenced, per MPR News.
Somali-American supporters rally for former Minneapolis police officer Mohamed Noor at Hennepin County District Court in Minneapolis, Minnesota, on June 7, 2019, during his sentencing. Photo: Kerem Yucel/AFP/Getty Images

The big picture: This is not the only high-profile, fatal police shooting that's occurred in Minnesota in recent years. Two other victims were African-American men.

Context: Damond called 9-11 about someone being on her property, says AP. When scouting the area around Damond's house, Noor was startled by a noise and fatally shot her. He reportedly tried to administer CPR for 4 minutes. The city of Minneapolis paid Damond's family a $20 million settlement, the largest misconduct payment in the city's history, MPR News reports.

Go deeper: The big picture: How police brutality drives cities into debt

Go deeper

Trading platforms curb trading on high-flying Reddit stocks

Major trading platforms including Robinhood, TDAmeritrade and Interactive Brokers are restricting — or cutting off entirely — trading on high-flying stocks like GameStop and AMC Entertainment.

Why it matters: It limits access to the traders that have contributed to the wild Reddit-driven activity of the past few days — a phenomenon that has gripped Wall Street and the country.

2020 was the economy's worst year since 1946

Source: FRED; Billions of chained 2012 dollars; Chart: Axios Visuals

One of the last major economic report cards of the Trump era lends perspective to the historic damage caused by the pandemic, which continued to weigh on growth in the final quarter of 2020.

By the numbers: The U.S. economy grew at a 4% annualized pace in the fourth quarter, a sharp slowdown in growth compared to the prior quarter. For the full year, the economy shrank by 3.5% — the first annual contraction since the financial crisis and the worst decline since 1946.

Dion Rabouin, author of Markets
3 hours ago - Economy & Business

How GameStop exposed the market

Illustration: Eniola Odetunde/Axios

Retail traders have found a cheat code for the stock market, and barring some major action from regulatory authorities or a massive turn in their favored companies, they're going to keep using it to score "tendies" and turn Wall Street on its head.

What's happening: The share prices of companies like GameStop are rocketing higher, based largely on the social media organizing of a 3-million strong group of Redditors who are eagerly piling into companies that big hedge funds are short selling, or betting will fall in price.