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Palantir's co-founder talks about the company's mission and its controversies.
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21 mins ago - Politics & Policy

Trump's debate cleanup

Photo: Drew Angerer/Getty Images

President Trump's advisers feel the president needs to outright condemn far-right extremists and white supremacy during his rally tonight in Minnesota.

Why it matters: Trump sent shockwaves during the debate for telling the far-right Proud Boys to "stand back and stand by."

Listen to “Axios Re:Cap”
Palantir's co-founder talks about the company's mission and its controversies.
Updated 2 hours ago - Politics & Policy

Commission on Presidential Debates wants changes

Photos: Jim Watson and Saul Loeb/AFP via Getty Images

The Commission on Presidential Debates announced Wednesday that it plans to implement changes to rules for the remaining debates, after Tuesday night's head-to-head between Joe Biden and Donald Trump was practically incoherent for most of the night.

What they are saying: "Last night's debate made clear that additional structure should be added to the format of the remaining debates to ensure a more orderly discussion of the issues," the CPD said in a statement.

Updated 13 mins ago - Politics & Policy

Coronavirus dashboard

Illustration: Sarah Grillo/Axios

  1. Global: Total confirmed cases as of 5 p.m. ET: 33,799,264 — Total deaths: 1,010,381 — Total recoveries: 23,456,820Map.
  2. U.S.: Total confirmed cases as of 5 p.m. ET: 7,219,635 — Total deaths: 206,665 — Total recoveries: 2,813,305 — Total tests: 103,155,189Map.
  3. Education: School-aged children now make up 10% of all U.S COVID-19 cases.
  4. Health: The coronavirus' alarming impact on the body.
  5. Business: Real-time data show economy's rebound slowing but still going.
  6. Sports: Steelers-Titans NFL game delayed after coronavirus outbreak.

Chris Wallace reflects on debate: "I’ve never been through anything like this"

Chris Wallace. Photo: Morry Gash-Pool/Getty Images

Fox News host Chris Wallace called Tuesday night's presidential debate between President Trump and Joe Biden "a missed opportunity" in an interview with the New York Times Wednesday.

Why it matters: Much of the national discussion after the hectic debate has centered on whether Wallace failed to control the candidates, especially President Trump, whose interruptions set the tone for the night. "I never dreamt that it would go off the tracks the way it did," Wallace told the Times Wednesday.

Updated 2 hours ago - Politics & Policy

Tim Scott says Trump "misspoke" when he told Proud Boys to "stand by"

Photo: Bonnie Cash/Pool/AFP via Getty Images

Sen. Tim Scott (R-S.C.) told reporters on Wednesday that he believes President Trump "misspoke" when he told the far-right "Proud Boys" group to "stand back and stand by" in response to a question about condemning white supremacy at the first presidential debate.

Catch up quick: Moderator Chris Wallace asked Trump on Tuesday, "Are you willing, tonight, to condemn white supremacists and militia groups and to say that they need to stand down?" Trump asked who specifically he should condemn, and then responded, "Proud Boys, stand back and stand by. But I'll tell you what, somebody's got to do something about antifa and the left."

Trump says he doesn't know who Proud Boys are after telling them to "stand by"

President Trump told reporters on Wednesday that he doesn't know who the Proud Boys are, after saying at the presidential debate last night that the far-right group should "stand back and stand by" in response to a question asking him to condemn white supremacists.

Why it matters: The comments set off outrage and calls for clarification from a number of Republican senators. After being asked several times on Wednesday whether he will condemn white supremacy, Trump responded, "I have always denounced any form — any form of any of that, you have to denounce. But I also — Joe Biden has to say something about antifa."

3 hours ago - Podcasts

Palantir co-founder on its mission and controversies

Palantir Technologies today went public at an initial valuation of more than $21 billion, giving investors a chance to buy into one of Silicon Valley's most talked-about tech companies.

Axios Re:Cap dives into Palantir's mission and controversies with company co-founder Joe Lonsdale.

Biden condemns Proud Boys: "Cease and desist"

Joe Biden told reporters on Wednesday that his message to all white supremacist groups is to "cease and desist. That’s not who we are. This is not who we are as Americans."

Driving the news: President Trump was asked specifically about the far-right group Proud Boys at the debate Tuesday night, and rather than condemning them, the president said, "Proud Boys: Stand back and standby."

The national security risks hiding in Trump's debts

Illustration: Aïda Amer/Axios

The blockbuster New York Times report on President Trump’s taxes reveals that the president is $421 million in debt, with more than $300 million coming due during Trump’s potential second term — and the identities of the president’s creditors remain unknown.

Why it matters: If some, or all, of this debt is held by foreign actors, it raises serious national security implications.

5 hours ago - World

House report: U.S. intelligence agencies have failed to adapt to China threat

Xi Jinping and other Chinese politicians and delegates listen to the national anthem duirng the closing of the 19th Communist Party Congress in 2017. Photo: Lintao Zhang/Getty Images

The House Intelligence Committee on Wednesday released a report finding that the U.S. intelligence community has failed to adapt to the growing threat from China, arguing that it will struggle to compete on the global stage for decades to come if it does not implement major changes.

The big picture: The 200-page report, based on thousands of analytic assessments and hundreds of hours of interviews with intelligence officers, determined that the intelligence community's focus on counterterrorism after 9/11 allowed China "to transform itself into a nation potentially capable of supplanting the United States as the leading power in the world."

5 hours ago - Sports

Steelers-Titans NFL game delayed after coronavirus outbreak

A worker cleans a handrail at a Tennessee Titans game. Photo by Hannah Foslien/Getty Images)

The NFL announced that Sunday's game between the Tennessee Titans and the Pittsburgh Steelers has been delayed after several Titans players and staffers tested positive for the coronavirus.

Why it matters: It's the league's first game delay caused by a COVID-19 outbreak during the season, which is not taking place in a "bubble," like the NBA and MLS.

Ina Fried, author of Login
7 hours ago - Technology

Lego, Sesame Workshop back early-learning startup

Photo by Noam Galai/Getty Images

A number of leading children's brands, including Lego and Sesame Workshop, are among the investors pouring $50 million into BEGiN, the New York startup behind the early-learning program HOMER.

Why it matters: Thus far, HOMER has focused on reading apps, but with the new funding and partnerships, the company says it will expand to a full early-learning program combining digital, physical and in-person experiences, tapping some of its investors for both content and distribution.

Ben Geman, author of Generate
8 hours ago - Energy & Environment

Climate's surprise appearance in the debate

Illustration: Annelise Capossela/Axios

The debate was a mess as moderator Chris Wallace struggled with President Trump's interruptions. But let's analyze the climate parts anyway without normalizing the whole thing.

Why it matters: The contest provided a collision over the topic between Trump and Joe Biden, and underscored the two candidates' immense differences.

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

Why the real estate boom could keep going for years

Illustration: Aïda Amer/Axios

Even after reaching all-time high average prices and sales numbers not seen since the height of the 2000s boom, the housing market still has lots of room to run, experts say.

What's happening: There were fears in late 2019 and early this year that price levels had outpaced income growth and become unsustainable — but record-low mortgage rates and promises by the Fed to keep U.S. interest rates at zero through at least 2023 have lit a new fire under the market.

Trump's 2 chilling debate warnings

Photo: Morry Gash/Pool via Getty Images

One of the few groups in America with anything to celebrate after last night's loud, ugly, rowdy presidential "debate" was the violent, far-right Proud Boys, after President Trump pointedly refused to condemn white supremacist groups.

Why it matters: This was a for-the-history-books moment in a debate that was mostly headache-inducing noise. Trump failed to condemn racist groups after four months when millions marched for racial justice in the country's largest wave of activism in half a century.

Candidates go online to cut through debate noise

Photo: Saul Loeb/AFP via Getty Images

While President Trump and Joe Biden fought to be heard in a rowdy debate Tuesday, both campaigns sought to draw digital battle lines and occupy online turf they could have all to themselves.

The big picture: Trump's impulsive Twitter style made a shambles of the debate format, but online the candidates were able to find niches where they couldn't be interrupted — and could motivate their supporters to donate, organize and turn out to vote.

Ben Geman, author of Generate
12 hours ago - Energy & Environment

Shell plans up to 9,000 job cuts by 2022

A Shell station in Brazil. Photo: Rafael Henrique/SOPA Images/LightRocket via Getty Images

Royal Dutch Shell will shed up to 9,000 jobs as it undergoes a long-term restructuring around climate-friendly energy sources and continues to grapple with the coronavirus pandemic that has battered the oil industry.

Why it matters: The cuts could amount to over 10% of the company's global workforce, which was 83,000 at the end of 2019.

Caitlin Owens, author of Vitals
12 hours ago - Health

The coronavirus' alarming impact on the body

Illustration: Eniola Odetunde/Axios

Scientists are racing to learn more about the damage the novel coronavirus can do to the heart, lungs and brain.

Why it matters: It’s becoming increasingly clear that some patients struggle with its health consequences — and costs — far longer than a few weeks.

In photos: Deadly wildfires devastate California's wine country

The Shady Fire ravages a home as it approaches Santa Rosa in Napa County, California, on Sept. 28. The blaze is part of the massive Glass Fire Complex, which has razed 46,600 acres at 2% containment. Photo: Samuel Corum/Agence France-Presse/AFP via Getty Images

Some 18,700 firefighters are battling 27 major blazes across California, including in the heart of the wine country, where one mega-blaze claimed the lives of three people and forced thousands of others to evacuate this week.

The big picture: 8,155 wildfires have burned across a record 3.86 million acres, killing 26 people and razing almost 7,900 structures in California this year, per Cal Fire. Just like the deadly blazes of 2017, the wine country has become a wildfires epicenter. Gov. Gavin Newsom has declared a state of emergency in Napa, Sonoma, and Shasta counties.

Mike Allen, author of AM
Updated 17 hours ago - Politics & Policy

The first Trump v. Biden presidential debate was a hot mess

Photos: Jim Watson and Saul Loeb/AFP via Getty Images

This debate was like the country: Everybody’s talking. Nobody’s listening. Nothing is learned. It’s a mess.

  • We were told President Trump would be savage. Turned out, that was a gross understatement. Even the moderator, Fox News' Chris Wallace, got bulldozed.

Why it matters: Honestly, who the hell knows?

Pundits react to a chaotic debate: "What a dark event we just witnessed"

The first presidential debate between President Trump and Joe Biden in Cleveland on Tuesday night was a shouting match, punctuated by interruptions and hallmarked by name-calling.

Why it matters: If Trump aimed to make the debate as chaotic as possible with a torrent of disruptions, he succeeded. Pundits struggled to make sense of what they saw, and it's tough to imagine that the American people were able to either.

18 hours ago - Politics & Policy

Trump to far-right Proud Boys: "Stand back and stand by"

Asked to condemn white supremacist violence at the first presidential debate on Tuesday, President Trump said the far-right Proud Boys group should "stand back and stand by," before immediately arguing that violence in the U.S. "is not a right-wing problem. This is a left-wing problem."

Why it matters: Trump has repeatedly been accused of failing to condemn white nationalism and right-wing violence, despite the FBI's assessment that it's the most significant domestic terrorism threat that the country faces. The president has frequently associated antifa and the left-wing violence that has afflicted some U.S. cities with Biden, despite his condemnation of violent protests.

Trump and Biden clash over COVID: "It is what it is because you are who you are"

Joe Biden attacked President Trump at the presidential debate on Tuesday for his response to the coronavirus pandemic, accusing him of panicking and failing to prepare for the crisis when he was warned about it in February.

The big picture: "It is what it is because you are who you are," Biden said, alluding to an answer Trump gave in an interview with "Axios on HBO" when asked about the 150,000+ death toll from the coronavirus. Trump responded by claiming that Biden would not have shut down travel from China in the early days of the pandemic, and he defended his administration's mass production of ventilators and protective equipment.

Biden: "I am the Democratic Party right now"

Responding to President Trump's insistence that the Democratic Party "wants to go socialist medicine," Joe Biden said at the presidential debate on Tuesday: "I am the Democratic Party."

Why it matters: Trump has repeatedly claimed that the Democratic nominee is not in control of his party and that he will be "dominated" by progressives like Sen. Bernie Sanders and Rep. Alexandria Ocasio-Cortez. Unlike other candidates who Biden ran against in the Democratic primary, he does not support Medicare for All or abolishing private health insurance.

20 hours ago - Politics & Policy

Biden hits back at Trump interruptions: "Will you shut up, man?"

The first presidential debate got off to a raucous start on Tuesday night, with President Trump repeatedly interrupting Joe Biden to the point that the Democratic nominee told his opponent to "shut up."

Why it matters: About half an hour in, the debate had become increasingly difficult to watch due to the near-constant cross-talk. Some aides had feared that Biden would lose his cool in response to Trump's antics, but the result has mostly been that the debate has centered around each candidate sniping at each other, rather than putting forward a vision for the country.