Broken windows at the Mandalay Bay Resort and Casino. Photo: John Locher / AP

Stephen Paddock, the suspected Las Vegas shooter who allegedly killed at least 58 people last night, had 18 to 20 firearms, including fully automatic weapons, in his 32nd floor hotel room at the Mandalay Bay Resort and Casino, according to The Wall Street Journal. He also had another 18 weapons in his home.

Why it matters: It's difficult to obtain automatic weapons in the United States. Federal law prohibits civilians from owning machine guns registered after 1986 — and even their transfer can be a difficult legal and procedural matter. And Paddock's brother, Eric, told reporters earlier today that Paddock "wasn't an avid gun guy," per the NYT.

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Media prepares to fact check debates in real time

Illustration: Annelise Capossela/Axios

From live blogs to video chyrons and tweets, media companies are introducing new ways to fact check the presidential debates in real time this year.

Between the lines: The debates themselves are likely to leave less room for live fact-checking from moderators than a traditional news interview would.

Life after Roe v. Wade

The future seems clear to both parties: The Supreme Court will overturn Roe v. Wade in the next few years, either gradually or in one fell swoop, and the abortion wars will move to a state-by-state battle over freedom and restrictions. 

What's new: Two of the leading activists on opposite sides of the abortion debate outlined for “Axios on HBO” the next frontiers in a post-Roe v. Wade world as the balance on the Supreme Court prepares to shift.

Dion Rabouin, author of Markets
1 hour ago - Economy & Business

Jerome Powell, Trump's re-election MVP

Photo illustration: Annelise Capossela/Axios. Getty Images photos: Andrew Caballero-Reynolds/AFP and Lev Radin/Pacific Press/LightRocket

President Trump trails Joe Biden in most polls, has generally lower approval ratings and is behind in trust on most issues. Yet polls consistently give him an edge on the economy, which remains a top priority among voters.

Why it matters: If Trump wins re-election, it will largely be because Americans see him as the force rallying a still-strong U.S. economy, a narrative girded by skyrocketing stock prices and consistently climbing U.S. home values — but the man behind booming U.S. asset prices is really Federal Reserve chair Jerome Powell.