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A new Pew survey asked people the degree to which certain resources would help them access information to make better decisions. Consumers say they would benefit most from more mobile data, as opposed to library access or digital training.

Expand chart
Data: Pew Research Center, Survey conducted September 26-November 6, 2016; Note: First response based on users with cellphones, second response based on those with internet at home; Chart: Andrew Witherspoon / Axios

Why it matters: The demand for mobile data has transformed the telecom industry and has put more pressure on media companies to create lighter experiences on mobile that won't eat all of consumers' data.

  • For telecom companies, mobile data demand has reordered the way carriers approach unlimited plans and their acquisition strategies. With half of Americans still listing mobile data as their highest demand, the pressure on carriers isn't going anywhere.
  • For media companies, the need for data means that consumers will continue to abandon slow or convoluted mobile websites or apps that waste mobile data to load. Data from Google suggests that 53% of consumers abandon a mobile site if it takes more than three seconds to load and 47% expect a page to load in less than two seconds

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Banks cash in as Wall Street blows out Main Street

Illustration: Aïda Amer/Axios

America’s big banks capped off a winning year, led by soaring Wall Street-facing business lines.

Why it matters: Banks cashed in on the white-hot IPO market, record debt issuance, and sky-high trading volume — all of which played out as economic peril softened the consumer side of their businesses.

Updated 7 mins ago - Politics & Policy

Biden to attempt "emergency economic relief" by executive order

President Biden. Photo: Mark Wilson/Getty Images

President Biden will continue his executive action blitz on Friday, issuing two more orders in an attempt to provide immediate relief to struggling families without waiting for Congress.

Why it matters: In his second full day in office, Biden is again resorting to executive actions as he tries to increase payments for nutritional assistance and protect workers' rights during the pandemic.

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What Biden's EV push could mean for jobs

Illustration: Sarah Grillo/Axios

President Biden's swift effort to re-establish stricter fuel efficiency mandates, along with his broader push toward vehicle electrification, is as much about creating new jobs as it is protecting the environment.

Why it matters: The U.S. lags far behind the rest of the world in electric vehicle adoption. Catching up will require big investments in EV production — including battery cell manufacturing and mining of raw materials — to avoid dependence on imports and foreign supply chains.