Why the S&P recovery is misleading
1 big thing19 Aug 2020

Why the S&P recovery is misleading

The S&P 500 closed at a record high on Tuesday. The recovery has been among the fastest-ever on record and comes as the country continues to see one of the worst economic downturns and massive unemployment numbers in U.S. history. Plus, the protests over George Floyd's death were a catalyst for the mass removal of confederate monuments around the country. And, the big wins coming out of the NBA bubble. Guests: Axios' Felix Salmon and Kendall Baker, and the Southern Poverty Law Center's Lecia Brooks. Credits: "Axios Today" is produced in partnership with Pushkin Industries. The team includes Niala Boodhoo, Sara Kehaulani Goo, Carol Alderman, Cara Shillenn, Nuria Marquez Martinez, Naomi Shavin and Alex Sugiura. Music is composed by Evan Viola. You can reach us at podcasts@axios.com. Go Deeper: The triumph of capital over labor Whose Heritage? Public Symbols of the Confederacy

Episoder(881)

Inflation is bad…a recession is worse

Inflation is bad…a recession is worse

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Historic heat in Europe

Historic heat in Europe

France and the U.K. are facing record-high temperatures this week, in what’s shaping up to be one of the worst heat waves on record in western Europe. And a wildfire crisis has caused thousands to eva...

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High stakes for Biden’s Mideast trip

High stakes for Biden’s Mideast trip

President Biden escaped his low approval ratings here in the U.S., this week, with a warm welcome in Israel – kicking off a trip to the Mideast to meet with nearly a dozen leaders. It’s Biden’s first ...

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Wages can’t keep up with inflation

Wages can’t keep up with inflation

New June inflation numbers released Wednesday show the Consumer Price Index rose 9.1% since last year - the fastest annual pace since November 1981. To make matters worse, wages are not keeping up. P...

14 Jul 202211min

Containing monkeypox with lessons from the COVID response

Containing monkeypox with lessons from the COVID response

Cases of monkeypox, the disease caused by a virus similar to smallpox, are rising in the U.S. There are now more than 750 documented cases according to the CDC, although the actual number is likely mu...

13 Jul 202211min

The race to save Yosemite's giant sequoia trees

The race to save Yosemite's giant sequoia trees

A wildfire in Yosemite National Park has expanded almost 10 times to 2,000 acres since it started on Friday. The rapidly growing Washburn Fire in California is threatening some of the world’s oldest s...

12 Jul 202211min

The double-edged sword of a strong U.S. dollar

The double-edged sword of a strong U.S. dollar

The U.S. dollar has surged to its highest levels in at least two years against other major currencies. But when you factor in our current inflation situation – is this good news for Americans? Plus: ...

11 Jul 202211min

The U.K.'s big test

The U.K.'s big test

Prime Minister Boris Johnson resigned Thursday morning, after dozens of his cabinet members quit. It’s an unusually turbulent political crisis for the UK that follows allegations of sexual misconduct ...

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