Felix Salmon – Dan Primack

The federal minimum wage has been $7.25 per hour since 2009, which works out to just about $15,000 per year at 40-hour weeks. Congress is now debating an increase to $15 per hour as part of the next round of economic stimulus, but there is plenty of opposition. Dan and Axios chief financial correspondent Felix Salmon d

Wall Street is locked in a battle of will between professional investors who live in Greenwich and amateur investors who congregate on Reddit. So far, the amateurs are winning, judging by increases in their chosen stocks, like GameStop and Bed, Bath & Beyond. Dan digs into what's really happening, the mechanics of stoc

Johnson & Johnson has paused Phase 3 trials for its COVID-19 vaccine candidate, after one patient reported an “unexplained illness.” This comes after AstraZeneca paused its Phase 3 trials due to an adverse event, and Moderna slowed its trial because of enrollment difficulties. Dan discusses these developments and more

The U.S. will not be able to reopen as quickly as it closed without ensuring another wave of coronavirus outbreaks. Dan and Axios chief financial correspondent Felix Salmon discuss what it will take to safely reopen the American economy and how far off that may be.  PLUS: WeWork sues SoftBank and Airbnb buys a buffer L

The Trump administration is considering sending checks to everyday Americans. Chief financial correspondent Felix Salmon joins Dan to discuss how individual bailouts might work, how long they might take, and how they could impact the workforce and supply chains. PLUS: More bad news for WeWork and what one pizza shop is

On Friday, MIT released a report from an outside law firm detailing the university’s relationship with Jeffrey Epstein. Dan and Axios chief financial correspondent Felix Salmon sift through the findings and how Epstein was able to continue directing donations to MIT for years.  Plus: A changing of the guard at Google a