Get the latest market trends in your inbox

Stay on top of the latest market trends and economic insights with the Axios Markets newsletter. Sign up for free.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Catch up on coronavirus stories and special reports, curated by Mike Allen everyday

Catch up on coronavirus stories and special reports, curated by Mike Allen everyday

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Denver news in your inbox

Catch up on the most important stories affecting your hometown with Axios Denver

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Des Moines news in your inbox

Catch up on the most important stories affecting your hometown with Axios Des Moines

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Minneapolis-St. Paul news in your inbox

Catch up on the most important stories affecting your hometown with Axios Minneapolis-St. Paul

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Tampa-St. Petersburg news in your inbox

Catch up on the most important stories affecting your hometown with Axios Tampa-St. Petersburg

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Pablo Martinez Monsivais / AP

Representatives from the Kushner family business, including one of Jared Kushner's sisters, pitched a deal to Chinese investors on Saturday: Invest $500,000 in our new real-estate project in New Jersey, and you can immigrate to the U.S. But while the deal might sound appealing to some, there's a clear Trump effect on the Kushner family business — and it's not all positive.

The Trump effect: "Even though this is the project of the son-in-law's family, of course it is still affiliated," said Wang Yun, one Chinese investor at the event in Beijing, per WaPo. "We heard that there are rumors that [Trump] is the most likely to be impeached president in American history. That's why I doubt this project."

Why it matters: Even when Jared Kushner isn't actively promoting a project, his celebrity status and ties to Trump affect his business and his family's brand. This can obviously work out in their favor, but it can also hinder the family's business efforts, which could have a lasting effect on their future projects.

Kushner 1: The name of the new real-estate project in New Jersey. Representatives said that it would create 6,000 jobs, touted its proximity to Manhattan, and one brochure said that it "guarantees the safety of investors' money." Investor visa: The Chinese investors were invited to use the EB-5 immigrant investor visa program, through which you can invest in a U.S. business that will create jobs, like Kushner 1, and apply to immigrate to the U.S. Trump effect pt. 2: Trump's recent crackdown on immigration has made some worried about the future of this visa program, which is popular among Chinese investors. That's why one speaker at the event changed the pitch: "Invest early, and you will invest under the old rules."One big question: How will the Kushner family business' continued ties to China have an effect on Trump and his presidency, particularly when the Trump effect lingers around their dealings?

Go deeper

USAID chief tests positive for coronavirus

An Air Force cargo jet delivers USAID supplies to Russia earlier this year. Photo: Mikhail Metzel/TASS via Getty Images

The acting administrator of the United States Agency for International Development informed senior staff Wednesday he has tested positive for coronavirus, two sources familiar with the call tell Axios.

Why it matters: John Barsa, who staffers say rarely wears a mask in their office, is the latest in a series of senior administration officials to contract the virus. His positive diagnosis comes amid broader turmoil at the agency following the election.

Bryan Walsh, author of Future
3 hours ago - Health

COVID-19 shows a bright future for vaccines

Illustration: Annelise Capossela/Axios

Promising results from COVID-19 vaccine trials offer hope not just that the pandemic could be ended sooner than expected, but that medicine itself may have a powerful new weapon.

Why it matters: Vaccines are, in the words of one expert, "the single most life-saving innovation ever," but progress had slowed in recent years. New gene-based technology that sped the arrival of the COVID vaccine will boost the overall field, and could even extend to mass killers like cancer.

5 hours ago - Health

Beware a Thanksgiving mirage

Illustration: Sarah Grillo/Axios

Don't be surprised if COVID metrics plunge over the next few days, only to spike next week.

Why it matters: The COVID Tracking Project warns of a "double-weekend pattern" on Thanksgiving — where the usual weekend backlog of data is tacked on to a holiday.

Get Axios AM in your inbox

Catch up on coronavirus stories and special reports, curated by Mike Allen everyday

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!