Photo: Saul Loeb/Getty Images

A majority of Americans approve of President Trump's handling of the economy for the first time, according to CNBC's All-America Economic Survey, which has tracked the number since he first took office.

Why it matters: Confidence in Trump's handling of the economy seems to be tied to his overall approval ratings, which could be good news for Republicans ahead of the 2018 midterms.

Americans on Trump, by the numbers:

  • There are more Americans who believe the economy is excellent than there are those who believe it is poor for the first time in the 10-year history of the survey.
  • A huge gap in Trump's economic approval and overall approval exists for non-white Americans: 39% approve of his job with the economy, but only 23% approve of his performance as president.
  • Trump's overall disapproval rating has reached a record low: 47%.
  • 51% of Americans disapprove of Trump's immigration policies — unchanged from last quarter and last year, despite the controversy over family separations dominating the news during the polling.
  • Yes, but: Only 25% of those surveyed credit Trump directly for the healthy economy — however, only 3% credit Republicans in Congress.

Go deeper: 5 signs the U.S. economy is in good shape.

Go deeper

Updated 1 hour ago - Politics & Policy

Coronavirus dashboard

Illustration: Sarah Grillo/Axios

  1. Global: Total confirmed cases as of midnight ET: 19,792,519— Total deaths: 730,089 — Total recoveries — 12,060,877Map.
  2. U.S.: Total confirmed cases as of midnight ET: 5,044,821 — Total deaths: 162,938 — Total recoveries: 1,656,864 — Total tests: 61,792,571Map.
  3. Politics: Pelosi says states don't have the funds to comply with Trump's executive order on unemployment — Mnuchin says Trump executive orders were cleared by Justice Department.
  4. States: New York reports lowest rate of positive coronavirus test results since pandemic began
  5. Public health: Ex-FDA head: U.S. will "definitely" see 200,000 to 300,000 virus deaths by end of 2020. 
  6. Schools: 97,000 children test positive for coronavirus in two weeks — Nine test positive at Georgia school where photo showing packed hallway went viral .

97,000 children test positive for coronavirus in two weeks

A boy has his temperature checked as he receives a free COVID-19 test in South Los Angeles in July. Photo: Mario Tama/Getty Images

At least 97,000 children tested positive for COVID-19 in the final two weeks of July and there's been an estimated 338,000 cases involving kids in the U.S. since the pandemic began, a new report finds.

Why it matters: The findings in the report by the American Academy of Pediatrics and the Children’s Hospital Association comes as schools and day cares look to reopen in the U.S., with New York Gov. Andrew Cuomo (D) announcing Friday that school districts in the state can reopen in the fall amid lower coronavirus transmission rates.

Updated 3 hours ago - World

Hong Kong media tycoon Jimmy Lai arrested under national security law

Media tycoon Jimmy Lai at the Next Digital offices in Hong Kong in June. Photo: Anthony Wallace/AFP via Getty Images

Hong Kong pro-democracy activist Jimmy Lai has been arrested for "collusion with foreign powers," said Mark Simon, an executive at the tycoon's media firm Next Digital Monday morning local time.

Why it matters: He was arrested under the new national security law that gives Beijing more powers over the former British colony. Lai is the most prominent person arrested under the law, which prompted the U.S. to sanction Chinese officials, including Hong Kong leader Carrie Lam, over Beijing's efforts to strip the territory of its autonomy.