Jun 26, 2018

Trump team, U.N. clash over number of Americans living in extreme poverty

U.S. Ambassador to the United Nations, Nikki Haley. Photo: Atilgan Ozdil/Anadolu Agency via Getty Images

The U.N. released a report last month that said 40 million Americans are living in “extreme poverty,” but the Trump administration argues that the U.N. is exaggerating the numbers, and says the real figure is closer to 250,000 people, the Washington Post reports.

Be smart: How poverty in America is measured has been a long-running debate, coupled with the fact that “extreme poverty" doesn't have a concrete definition.

How it's defined by different groups, per the Post:

  • The U.N. uses the Census definition, which says extreme poverty applies to those earning an income lower than half the official poverty rate.
  • The Heritage Foundation, a conservative think tank, defined it as living on less than $4 each day. Unlike the U.N.'s method, this also accounts for government welfare assistance like food stamps.
  • Poverty experts say the Census count is flawed, but believe the Heritage statistic used by the government is way too low and question the measurement the organization uses.
  • Center on Budget and Policy Priorities measures poverty by looking at people with less than half the median national disposable income. The nonpartisan research group reportedly said 18% of Americans are in poverty.

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Wisconsin Supreme Court blocks governor from delaying state's primary

Tony Evers. Photo: Nuccio DiNuzzo/Getty Images

Wisconsin's Supreme Court on Monday blocked an executive order by Gov. Tony Evers (D) that attempted to delay in-person voting for the state's primary election — currently scheduled for Tuesday — until June 9.

Driving the news: Judges ruled 4-2 along ideological lines that Evers does not have the power as governor to unilaterally postpone the election, despite the fact that the state has a stay-at-home order in place due to the coronavirus pandemic.

Go deeperArrowUpdated 49 mins ago - Health

Coronavirus dashboard

Illustration: Sarah Grillo/Axios

  1. Global: Total confirmed cases as of 5 p.m. ET: 1,331,032 — Total deaths: 73,917 — Total recoveries: 275,851Map.
  2. U.S.: Total confirmed cases as of 5 p.m. ET: 356,942 — Total deaths: 10,524 — Total recoveries: 18,999Map.
  3. 2020 update: Wisconsin governor orders in-person primary voting delayed until June.
  4. States latest: West Coast states send ventilators to New York and other states with more immediate need — Data suggest coronavirus curve may be flattening in New York, Gov. Andrew Cuomo said.
  5. World update: U.K. Prime Minister Boris Johnson moved to intensive care as coronavirus symptoms worsen.
  6. Stocks latest: The S&P 500 closed up 7% on Monday, while the Dow rose more than 1,500 points.
  7. What should I do? Pets, moving and personal health. Answers about the virus from Axios expertsWhat to know about social distancingQ&A: Minimizing your coronavirus risk.
  8. Other resources: CDC on how to avoid the virus, what to do if you get it.

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Stocks jump 7% despite bleak coronavirus projections

People passing by the New York Stock Exchange amid the coronavirus pandemic. Photo: John Nacion/NurPhoto via Getty Images

The S&P 500 closed up 7% on Monday, while the Dow rose more than 1,500 points.

Why it matters: The huge market surge comes amid rare optimistic signs that the spread of the coronavirus may be slowing in parts of the country, including New York. But government officials say this will be a difficult week, while economists — including former Fed chair Janet Yellen today — warn that the pandemic could have a catastrophic impact on the global economy.