Photo by Hawes Spencer; used by permission

Hawes Spencer — a buddy of mine since we were editors of rival college newspapers in Virginia, eons ago — has lived in Charlottesville for 28 years, and covered Friday night's protest for the N.Y. Times and Richmond public radio station WCVE. I asked him what it was like:

  • "The entirety of Downtown Charlottesville looked like a war zone. Protesters maced each other, threw water bottles and urine balloons — some of which hit reporters — and generally beat the crap out of each other with flagpoles.
  • "With many armed militia present, we thought bullets might be a problem. But as it turned out, it was just like European terrorism: a car aimed at pedestrians.
  • "Some of the photographers were braver than I and just dove right in to the middle of these constant melees. A month ago, my two oldest teens showed up for the KKK rally out of curiosity. Thankfully, they took a hike up a mountain today!"

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Jeff Sessions loses Alabama Senate primary runoff

Jeff Sessions. Photo: Michael DeMocker/Getty Images

Former Attorney General Jeff Sessions has lost the Republican nomination for Senate to Tommy Tuberville in Alabama in Tuesday night’s primary runoff, AP reports.

Why it matters: Sessions had been the underdog in the race against former Auburn University head football coach Tommy Tuberville, who had the backing of President Trump. Tuberville will now face off against Sen. Doug Jones (D-Ala.) in November, who is considered to have one of the most vulnerable Democratic Senate seats in the country.

Updated 2 hours ago - Politics & Policy

Coronavirus dashboard

Illustration: Aïda Amer/Axios

  1. Global: Total confirmed cases as of 9 p.m. ET: 13,273,537 — Total deaths: 577,006 — Total recoveries — 7,367,106Map.
  2. U.S.: Total confirmed cases as of 9 p.m. ET: 3,424,304 — Total deaths: 136,432 — Total recoveries: 1,049,098 — Total tested: 41,764,557Map.
  3. Politics: Biden welcomes Trump wearing mask in public but warns "it’s not enough"
  4. Public health: Four former CDC heads say Trump's undermining of agency puts lives at risk — CDC director: U.S. could get coronavirus "under control" in 4–8 weeks if all wear masks.

Bank CEOs brace for worsening economic scenario

JPMorgan CEO Jamie Dimon. Photo: J. Lawler Duggan/For The Washington Post via Getty Images

Wells Fargo swung to its first loss since the financial crisis — while JPMorgan Chase and Citigroup reported significantly lower profits from a year earlier — as the banks set aside billions of dollars more in the second quarter for loans that may go bad.

Why it matters: The cumulative $28 billion in loan loss provisions that banks have so far announced they’re reserving serves as a signal they’re preparing for a colossal wave of loan defaults as the economy slogs through a coronavirus-driven downturn.