Axios

Live shopping is projected to more than triple in the U.S. by the end of the decade as retailers, creators and streaming platforms embrace the format.

Why it matters: After years of failed attempts to replicate China's livestream shopping boom, the U.S. market is finally gaining momentum.

The latest NATO summit, held in Turkey this month, may be most remembered not for politicking and posturing, but for sideline dealmaking.

The big picture: The Ankara get-together concluded with more than $50 billion in new procurements on the books, according to the alliance's readout, as well as a handful of agreements to expand weapons production across borders.

• "One thing is clear: The money is there, and much more is coming. But this cash must be put to work," NATO boss Mark Rutte said at a defense-industrial-base forum that coincided with the summit.

Even the "cheap seats" at most World Cup games were expensive, with last-minute prices reaching thousands of dollars for some matches.

The big picture: Get-in prices ranged from just over $300 for a group-stage match in Atlanta to more than $3,800 for Mexico's Round-of-16 match with England in Guadalajara.

The latest batch of data offered a fresh look at three corners of the economy: Homebuilding rebounded after a weak spring, import prices continued edging higher, and consumer moods brightened for a second straight month.

Andy Burnham will be the U.K.'s new prime minister after becoming Labour's leader Friday.

Why it matters: Burnham vaulted from regional politics to the cusp of Downing Street within weeks — an unusually rapid ascent that leaves him little time to prepare for mounting economic and political challenges.

Ukraine's drone attacks on refineries have hammered Russia's oil infrastructure, creating an economic shock that is increasingly visible worldwide, including in the U.S.

Why it matters: The effectiveness of the Ukrainian drone campaign is helping drive up world energy prices already elevated by the Iran war.

President Trump alleged during a White House address Thursday that China interfered in the 2020 election and that U.S. intelligence agencies covered it up.

Why it matters: Trump is reopening a politically charged debate over China's role in the 2020 election while directly challenging U.S. intelligence assessments that concluded Beijing did not try to influence the election's outcome.

White House officials were surprised in recent days to read in the Israeli press that President Trump would host Prime Minister Benjamin Netanyahu on Monday.

• In fact, no meeting has been scheduled.

Why it matters: Netanyahu has visited the Oval Office six times since Trump returned to office a year and a half ago — more than any other world leader. Each of those meetings was scheduled within a matter of hours or days. This time, Netanyahu has been trying to get an appointment for more than two weeks.

A bipartisan push to pass the late Sen. Lindsey Graham's (R-S.C.) revised Russia sanctions package has more than 60 co-sponsors — enough to clear a Senate filibuster.

Why it matters: The legislation, which would impose 100% secondary tariffs on countries that continue buying Russian oil and gas, now appears to have the votes it needs to pass the Senate. The biggest remaining hurdle is getting floor time.

President Trump's deportation campaign has expanded far beyond ICE, turning federal agents, state troopers, local police and even wildlife officers into a massive 50,000-person internal enforcement force, a new ACLU report says.

Why it matters: The aggressive expansion is blurring the lines between local public safety and federal immigration enforcement, fundamentally changing U.S. law enforcement — and raising civil rights concerns, the report says.