Lazaro Gamio / Axios

Spicer told reporters that "it is literally impossible at this point" to predict how the GOP health care bill will affect premiums and benefits. As for those with preexisting conditions? Spicer said that Trump has made it "very clear" that everyone with a preexisting condition will be covered.

  • Border wall update: Spicer clashed with Breitbart's Charlie Spiering over whether the photos of the "various types of walls" shown during the briefing represented the final border wall. Spiering noted that the photos looked more like fences. Spicer insisted that one was a levee wall and one was a bollard wall.
  • Trump's lunch with Abbas: Spicer said Trump raised the issue of payments to Palestinian terrorists in his lunch with Abbas, and emphasized the need to resolve the issue.
  • On Trump's Comey tweets: "The president has confidence in the director," said Spicer.
  • Hillary Clinton's "comeback": "With all respect to her, you don't get to pick the day the election's on," said Spicer. "I'm a Patriots fan. If games ended in 3rd quarter, a different team would have been here last week."

Go deeper

S&P 500's historic rebound leaves investors divided on future

Data: Money.net; Chart: Axios Visuals

The S&P 500 nearly closed at an all-time high on Wednesday and remains poised to go from peak to trough to peak in less than half a year.

By the numbers: Since hitting its low on March 23, the S&P has risen about 50%, with more than 40 of its members doubling, according to Bloomberg. The $12 trillion dollars of share value that vanished in late March has almost completely returned.

Newsrooms abandoned as pandemic drags on

Illustration: Sarah Grillo/Axios

Facing enormous financial pressure and uncertainty around reopenings, media companies are giving up on their years-long building leases for more permanent work-from-home structures. Others are letting employees work remotely for the foreseeable future.

Why it matters: Real estate is often the most expensive asset that media companies own. And for companies that don't own their space, it's often the biggest expense.

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Dark clouds envelop feel-good Pinterest

Illustration: Eniola Odetunde/Axios

Pinterest set out to be a bright spot in cutthroat Silicon Valley, but now stands to see its reputation forever tarnished by allegations of mistreatment and a toxic culture by women who held senior roles at the company.

Why it matters: Even a company known for progressive policy decisions and successfully combatting hateful and otherwise problematic content isn't immune to the systemic problems that have plagued many tech companies.