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Pictures of Ruhollah Khomeini and Hassan Rohani are stomped by the protesters in front of the embassy of Iran in Paris.Photo: Julien Mattia / NurPhoto via Getty Images

The U.S. Treasury Department announced today it's placing new sanctions against five Iranian entities over ties to the country's ballistic missile program and said that "additional sanctions targeting human rights abuses would be forthcoming."

Why it matters: The timing. In less than two weeks Trump will have to decide whether to waive economic sanctions as they relate to the the 2015 nuclear deal, which eased the sanctions in exchange for Iran backing off its nuclear weapons aspirations. Trump will also have to decide whether to re-certify the deal.

Go deeper: The move also comes amid Iranian citizens' backlash and protests against the government.

Go deeper

Firefighters end search for bodies at Surfside

A picture in the memorial that has photographs of some of the victims from the partially collapsed 12-story Champlain Towers South condo building on July 15 in Surfside, Florida. Photo by Joe Raedle/Getty Images

Firefighters on Friday concluded their search for bodies at the site of the June 24 collapse of the Champlain Towers South condominium in Surfside, Florida.

Driving the news: 97 people were killed and one woman, Estelle Hedaya, remains missing.

Updated 40 mins ago - Sports

Olympics dashboard

🚨: Team USA closes out Day 1 with no medals for 1st time since 1972

πŸ“Ί: The Olympic events to watch today

πŸ›Ή: Athlete spotlight - Nyjah Huston hopes to skate his way into Olympic history

πŸ‡ΊπŸ‡Έ: After loss to Sweden, U.S. women's soccer team overwhelms New Zealand

πŸ₯‡: The six new sports at Tokyo 2020

πŸ‘»: How the no-spectator Olympics could affect the athletes

πŸ’‰ About 100 U.S. Olympic athletes are unvaccinated

Go deeper: Full Axios coverage

1 hour ago - Sports

Jill Biden cheers on Team USA at Tokyo Olympics

Jill Biden congratulates U.S. women 3x3 basketball team after the first round 3x3 basketball match. Photo: Mustafa Yalcin/Anadolu Agency via Getty Images

First lady Jill Biden attended three Olympic events on Saturday and hosted a watch party at the U.S. Embassy for the Team USA-Mexico softball game.

Driving the news: On her first day as a spectator at the Games, Biden attended a women's 3x3 basketball game, cheered on American swimmers during preliminary heats and caught the second half of the U.S. women's soccer game against New Zealand.