Illustration: Sarah Grillo/Axios

The economic consequences of medical decisions can be enormous. One of the most financially momentous medical decisions that any doctor can make is to deny a woman an abortion.

Driving the news: A new NBER report looks at the difference in financial outcomes between women who narrowly qualified for abortions and those who narrowly didn't. The report finds "a large and persistent increase in financial distress" for the latter group.

Why it matters: It's estimated that roughly one out of every four American women will have an abortion during her reproductive years, but the procedure remains largely taboo.

A separate report from Rhia Ventures reveals just how much ignorance around the subject reigns:

  • 69% of women with health insurance currently do not know whether their coverage includes abortion.
  • Only 37% of benefits managers and human resource leaders interviewed for the Rhia report knew if their health plans covered abortion.

By the numbers: Women in the NBER study who were turned away from having an abortion were 81% more likely than their abortion-receiving counterparts to be evicted or declared bankrupt.

Of note: The NBER report was based on 1,000 women seeking abortions at 30 clinics in 21 states. Rhia based its research on different sources, including interviewing managers at 39 companies.

Go deeper: How many steps it takes to get an abortion in each state

Go deeper

8 mins ago - Technology

Big Tech's Hong Kong bind

Illustration: Sarah Grillo/Axios

Big Tech companies are scrambling to figure out what China's imposition of a new national security law in Hong Kong means for their businesses there.

The big picture: Tech companies, like other multinationals, had long seen bases in Hong Kong as a way to operate close to China without being subject to many of that country's most stringent laws. Now they likely must choose between accepting onerous data-sharing and censorship requirements, or leaving Hong Kong.

2020 could decide fate of Keystone and Dakota Access pipelines

Illustration: Sarah Grillo/Axios

Two new court actions — one by the Supreme Court and another by a federal judge — together highlight and raise the energy stakes of November's election.

Why it matters: The legal actions mean the results of the 2020 election could very well decide the fate of Keystone XL and Dakota Access, two projects at the heart of battles over fossil fuel infrastructure.

Updated 43 mins ago - Politics & Policy

Coronavirus dashboard

Illustration: Eniola Odetunde/Axios

  1. Global: Total confirmed cases as of 9 a.m. ET: 11,648,268 — Total deaths: 538,828 — Total recoveries — 6,328,930Map.
  2. U.S.: Total confirmed cases as of 9 a.m. ET: 2,938,750 — Total deaths: 130,310 — Total recoveries: 924,148 — Total tested: 36,032,329Map.
  3. Axios-Ipsos Coronavirus Index: Our response is becoming more polarized.
  4. Business: Rising cases pause U.S. economic recovery — Hospitals, doctors are major recipients of PPP loans.