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The Supreme Court on Monday issued an administrative stay blocking House Democrats' subpoena for President Trump's tax returns until both sides can file the necessary legal papers.

Why it matters: The lower court order compelling Trump's longtime accounting firm Mazars USA to turn over the president's financial records will be delayed until the Supreme Court decides whether to take up Trump's appeal. Trump has requested that the Supreme Court protect his financial records from both House investigators and the Manhattan district attorney's office, which is conducting a criminal investigation.

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XFL sold to group that includes Dwayne "The Rock" Johnson for $15 million

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The XFL sold Monday for $15 million to a group that includes former WWE star Dwayne "The Rock" Johnson, Sportico reports.

The state of play: The move does not necessarily mean the upstart football league is returning.

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Pac-12 football players threaten coronavirus opt-out

Illustration: Eniola Odetunde/Axios

A group of Pac-12 football players have threatened to opt out of the season unless the conference addresses systemic inequities and concerns related to the coronavirus pandemic.

Why it matters: College football players have never had more leverage than they do right now, as the sport tries to stage a season amid the pandemic. And their willingness to use it shows we've entered a new age in college sports.

Betting on inflation is paying off big for investors

Illustration: Aïda Amer/Axios

The specter of rising inflation is helping power assets like gold, silver and Treasury Inflation-Protected Securities (TIPS) to strong returns with record demand this year.

The big picture: Investors continue to pack in even as inflation metrics like the consumer price index (CPI) and personal consumption expenditure (PCE) index have remained anchored.