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President Trump. Photo: Jim Watson/AFP/Getty Images

President Trump defended the U.S. move to not back a UN resolution promoting breastfeeding as the healthiest options for babies, tweeting Monday that the intention was to send the message that women should not be denied access to milk formula since they “need this option because of malnutrition and poverty.”

Why it matters: Trump said he thinks the U.S. “strongly supports breast feeding,” and the Centers for Disease Control and Prevention promotes programs to encourage breastfeeding in the U.S. The NYT article on Sunday said the U.S. delegation was "embracing the interests of infant formula manufacturers."

Go deeper

New York region's historic floods send deadly climate change lesson

A motorist drives a car through a flooded expressway in Brooklyn, NY early on Sept. 2, 2021. (Ed Jones/AFP via Getty Images)

The remnants of Hurricane Ida brought a tropical deluge of unprecedented proportions to the New York City metro area on Wednesday night into Thursday.

Driving the news: The flooding that resulted from the heavy rainfall shut down Newark Airport, and turned city and country roads in all five boroughs and surrounding areas of New Jersey and Pennsylvania into rivers.

Updated 21 mins ago - Politics & Policy

Texas banned abortion after 6 weeks. Here’s what happens next

Photo: Saul Loeb/AFP via Getty Images

The most restrictive abortion ban in the U.S. went into effect in Texas on Wednesday, effectively making the procedure illegal after six weeks — well before many women know they are pregnant.

Details: The Texas law does not provide any exceptions for rape or incest. It also allows for people to sue anyone suspected of helping a person to obtain an abortion, regardless of whether they have a direct relationship with the person or not. Those who are successful can be awarded at least $10,000.

Latest meme stock, Support.com, shows shorting is still riskier than ever

Illustration: Aïda Amer/Axios

The stock market's relentless upward momentum this year has lined the pockets of all kinds of investors, from veteran market players to Robinhood first-timers. It's also made shorting stocks a lot more risky than it already was.

Why it matters: The meme stock phenomenon changed the game. After an initial upheaval that wiped out GameStop and AMC shorts in spectacular fashion, shorting stocks based on fundamentals has become a move that can turn lethal on a dime.