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Scoop: Biden's new plan to troll Trump

Joe Biden's campaign bought ads in swing states tomorrow during Chris Wallace's feisty "Fox News Sunday" interview with President Trump.

What he's saying: The minute-long ad, "Tough," will air in the major markets in the six core swing states — Michigan, Wisconsin, Pennsylvania, Arizona, Florida and North Carolina.


  • "I will not abandon you," Biden says in the ad. "We're all in this together. We'll fight this together. And, together, we'll emerge from this stronger than we were before we began."

Between the lines: The ad never mentions Trump's name, but the intention is a stark, dramatic contrast in approach to the virus ("Wear a mask. Wash your hands"), laced with a positive, hopeful message.

In a clip from the hourlong "Fox News Sunday" interview on the steamy patio outside the Oval Office, President Trump tells Chris Wallace that Democrats "want to defund the police, and Biden wants to defund the police."

  • "Sir, he does not," Wallace counters firmly.
  • "Look, he signed a charter with Bernie Sanders ..." Trump begins.

Wallace interrupts: "It says nothing about defunding the police."

  • Trump responds: "Oh, really? It's says 'abolish.'" He slaps his knees. "Let's go! Get me the charter, please."

The clip ends there. But Wallace told Fox News' Bill Hemmer that Trump "couldn't find any indication — because there isn't any — that Joe Biden has sought to defund and abolish the police."

Trump plans to address Joe Biden as “the big guy” in effort to dramatize Hunter Biden emails

Watch for President Trump to address Joe Biden as “the big guy” or “the chairman” at tonight's debate as a way of dramatizing the Hunter Biden emails, Jonathan Swan tells me. Hunter's former business partner Tony Bobulinski is expected to be a Trump debate guest.

The big picture: Trump's advisers universally view the first debate as a catastrophe — evidenced by a sharp plunge in Trump’s public and (more convincingly for them) private polling immediately following the debate.

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Intel shares drop sharply despite mostly solid earnings report

Shares of Intel fell as much 10% in after-hours trading Thursday — after the company posted quarterly revenue and earnings generally in line with expectations.

Why it matters: The chip giant is a bellwether for the PC industry, and small signs of weakness may be playing an outsize role in spooking investors.

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FBI: Russian hacking group "Energetic Bear" stole data after targeting local governments

Energetic Bear, a Russian state-sponsored hacking group, has stolen data from two servers after targeting state and federal government networks in the U.S. since at least September, the FBI and Cybersecurity and Infrastructure Security Agency said on Thursday.

Driving the news: Director of National Intelligence John Ratcliffe announced Wednesday that Iran and Russia had obtained voter registration information that could be used to undermine confidence in the U.S. election system.

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FDA approves Gilead's remdesivir as a coronavirus treatment

Gilead Sciences on Thursday received approval from the Food and Drug Administration for remdesivir, an antiviral treatment that has shown modest results against treating COVID-19.

Why it matters: It's the first and only fully FDA-approved drug in the U.S. for treating the coronavirus.

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How the coronavirus pandemic might end

It's still the early days of the coronavirus pandemic, but history, biology and the knowledge gained from our first nine months with COVID-19 point to how the pandemic might end.

The big picture: Pandemics don't last forever. But when they end, it usually isn't because a virus disappearsor is eliminated. Instead, they can settle into a population, becoming a constant background presence that occasionally flares up in local outbreaks.

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Urban housing prices are on the rise

Data: ATTOM Data Solutions; Chart: Naema Ahmed/Axios

Home prices are rising rapidly across the U.S., according to ATTOM Data Solutions.

Driving the news: ATTOM released its 3Q 2020 figures this week, concluding that 77% of metro areas posted "double-digit annual home price gains." Profit margins rose in 86% of the 103 metropolitan statistical areas studied.

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Podcast: Quibi RIP (2020-2020)

Short-form video streaming app Quibi announced that it will cease operations, just six months after a high-profile launch backed by $1.75 billion in funding from studios and venture capitalists.

Axios Re:Cap digs into what went wrong and what happens next, with REDEF CEO Jason Hirschhorn.

Mayors plan multifront attack on census shutdown

A growing number of mayors are banding together to fight what they consider to be an inaccurate and abruptly curtailed 2020 census, using an arsenal of legal, legislative and congressional efforts.

Why it matters: The outcome may determine whether President Trump or Joe Biden controls the redistricting process, which governs everything from congressional representation and redistricting to funding for schools and Head Start.

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