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The Dow Jones Industrial Average lost 2.24%, or 559 points, after a weaker-than-expected jobs report and continuing trade tensions between the U.S. and China. Both the Dow and S&P 500 are now down for 2018, while the Nasdaq is up just under 1%.
The big picture: A week that began with optimism about trade ended lower due, in part, to pessimism about trade.
Illustration: Eniola Odetunde/Axios
America has waited a decade for an aggressive government crackdown on white-collar crime. Now, just before the election, and in the middle of a bull market, it has arrived.
Why it matters: When times are good, investors become more trusting and more greedy. That makes them more likely to put their money into fraudulent or criminal enterprises.
Illustration: Eniola Odetunde/Axios
The Justice Department's antitrust suit against Google is a strong, straightforward monopoly case, competition lawyers and experts tell Axios. But that doesn't mean it'll be an easy journey for the government.
The big picture: Winning any antitrust case is a heavy lift. It's even more of a challenge to pull off victory in a future-looking case that seeks to make room for potential new competition to flourish.
Every available piece of data proves it: The coronavirus pandemic is getting worse again, all across America.
The big picture: As the death toll ticks past 212,000, at a moment when containing the virus ought to be easier and more urgent than ever, we are instead giving it a bigger foothold to grow from.