Sign up for our daily briefing

Make your busy days simpler with Axios AM/PM. Catch up on what's new and why it matters in just 5 minutes.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Catch up on the day's biggest business stories

Subscribe to Axios Closer for insights into the day’s business news and trends and why they matter

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Stay on top of the latest market trends

Subscribe to Axios Markets for the latest market trends and economic insights. Sign up for free.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Sports news worthy of your time

Binge on the stats and stories that drive the sports world with Axios Sports. Sign up for free.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Tech news worthy of your time

Get our smart take on technology from the Valley and D.C. with Axios Login. Sign up for free.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Get the inside stories

Get an insider's guide to the new White House with Axios Sneak Peek. 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!

Want a daily digest of the top Denver news?

Get a daily digest of 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!

Want a daily digest of the top Des Moines news?

Get a daily digest of 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!

Want a daily digest of the top Twin Cities news?

Get a daily digest of the most important stories affecting your hometown with Axios Twin Cities

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Tampa Bay news?

Get a daily digest of the most important stories affecting your hometown with Axios Tampa Bay

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Charlotte news?

Get a daily digest of the most important stories affecting your hometown with Axios Charlotte

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!

Illustration: Aïda Amer/Axios

Left-leaning media companies designed to counter the rhetoric coming from the Trump White House and its conservative media machine are growing ahead of the 2020 election.

Why it matters: Partisan political media companies are often launched in response to whichever ideology holds power in Washington. In 2017, new left-leaning voices to counter the narrative from the Trump Administration hadn't yet taken hold. But two years into the Administration, they’re beginning to rise.

Driving the news: ACRONYM, a progressive non-profit led by veteran Democratic consultant Tara McGowan, plans to invest over $1 million into "The Dogwood," a new hyper-local digital news site that caters to residents Virginia, over the next two years, Axios has learned.

  • ACRONYM says it's investing in The Dogwood to help counter partisan rhetoric from conservative media sites and false news in general.
  • Last week, former Fox News reporter Carl Cameron announced he’s joining a new progressive website called Front Page Live, which aims to be the "Drudge Report" of the left.
  • Last year, cable news veteran David Bohrman launched "Political Voices Network," which aimed to compete with right-wing digital streaming networks like CRTV and Sinclair.
  • A progressive media company called "Versa" also launched last year to bring viral digital video news content to local constituents on Colorado, and possibly Arizona and Kentucky.

Be smart: As websites become marketing vehicles for bigger multi-media projects, progressive podcasts and streaming companies have also begun to take shape.

  • One of the most popular installations of a digital progressive media brands during the Trump Administration has been Crooked Media, the progressive podcast network made famous for its "Pod Save America" series that was founded by former Obama Administration staffers.

Yes but: The left-wing resistance wave hasn't drowned out an ever-growing right-wing media machine, especially on social media.

  • According to data from Newswhip, a social analytics company, hyper-partisan outlets on the right, have continued to perform in the top ten most engaged publishers for the first six months of the year.
  • "Each time we pull the data, we do see conservative media outlets in the top ten, particularly for Facebook engagement," says Katherine Ellis, a content strategist at NewsWhip.

Bottom line: It's taken some time for the Trump resistance media wave to set in, but now that it's here, expect these voices to grow, particularly in local constituencies, ahead of the 2020 election.

Go deeper

Prosecutors begin closing arguments in Chauvin trial

Steve Schleicher, an attorney for the prosecution in Derek Chauvin's trial, began closing arguments on Monday by describing in detail George Floyd's last moments — crying out for help and surrounded by strangers, as Chauvin pressed his knee into Floyd for nine minutes and 29 seconds.

Why it matters: The jury's verdict in Chauvin's murder trial, seen by advocates as one of the most crucial civil rights cases in decades, will reverberate across the country and have major implications in the fight for racial justice.

Kendall Baker, author of Sports
4 hours ago - Sports

European soccer is at war

Liverpool celebrating its 2019 Champions League victory. Photo: Nigel Roddis/Getty Images

Europe's biggest soccer clubs have established The Super League, a new midweek tournament that would compete with — and threaten the very existence of — the Champions League.

Why it matters: This new league, set to start in 2023, "would bring about the most significant restructuring of elite European soccer since the 1950s, and could herald the largest transfer of wealth to a small set of teams in modern sports history," writes NYT's Tariq Panja.

Dion Rabouin, author of Markets
5 hours ago - Economy & Business

2021's expected earnings blowout begins

JPMorgan CEO Jamie Dimon. Photo: Mark Kauzlarich/Bloomberg via Getty Images

First-quarter earnings so far have been very strong, outpacing even the rosy expectations from Wall Street and that's a trend that's expected to continue for all of 2021. S&P 500 companies are on pace for one of the best quarters of positive earnings surprises on record, according to FactSet.

Why it matters: The results show that not only has the earnings recession ended for U.S. companies, but firms are performing better than expected and the economy may be justifying all the hype.