Photo: Michael Brochstein/SOPA Images/LightRocket via Getty Images

AT&T is announcing today that Charlotte, Raleigh and Oklahoma City will be among the dozen cities that will get 5G service this year.

Why it matters: There's a big marketing battle shaping up over the race to 5G with all four major carriers saying they will be first in one way or another. Eventually 5G will pave the way for connecting whole new types of devices, but the first use will be for faster internet service.

  • Verizon says it will be first with 5G, because it will offer fixed broadband this year.
  • AT&T says it will be first with mobile 5G, offering a 5G portable hotspot by December.
  • Sprint says it will be first with a nationwide 5G network drawing on its existing 2.5GHz spectrum it got via its Clearwire acquisition.
  • T-Mobile says it will be among the first with 5G smartphones early next year.

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Updated 1 hour ago - Politics & Policy

Coronavirus dashboard

Illustration: Sarah Grillo/Axios

  1. Global: Total confirmed cases as of 8 a.m. ET: 10,890,511 — Total deaths: 521,694 — Total recoveries — 5,772,017Map.
  2. U.S.: Total confirmed cases as of 8 a.m. ET: 2,739,879 — Total deaths: 128,740 — Total recoveries: 781,970 — Total tested: 33,462,181Map.
  3. Public health: The states where face coverings are mandatory Regeneron stops trial after drug fails to help patientsWhat we know about the coronavirus immune response — Fauci says it has been a "very disturbing week" for the spread of the coronavirus in the U.S.
  4. Business: Top business leaders urge the White House to develop mandatory mask guidelines.
  5. Politics: Herman Cain hospitalized for COVID-19 after attending Trump Tulsa rally — Biden downplays jobs number, rebukes Trump for ignoring health crisis.
  6. Economy: The economy may recover just quickly enough to kill political interest in more stimulus.
  7. States: Texas mandates face masks in public spaces Florida reports more than 10,000 new coronavirus cases, and its most-infected county issues curfew.

Markets swell as the economy shrinks

Illustration: Eniola Odetunde/Axios

The economy is sputtering, but the markets are thriving — a highly unusual event that shows how the coronavirus has thrown all bets off.

Why it matters: The disconnect adds to the wealth gap. The richest 10% of households — who own 84% of stocks — are getting richer, while millions of out-of-work Americans cross their fingers that pandemic unemployment benefits will be extended.

12 hours ago - Health

Fauci: Coronavirus surges mark a "very disturbing week" in the U.S.

Fauci testifies to the Senate Health, Education, Labor and Pensions Committee on June 30. Photo: Al Drago/AFP via Getty Images

NIAID director Anthony Fauci told medical journal JAMA on Thursday that it has been a "very disturbing week" for the spread of the novel coronavirus in the U.S.

What's happening: The number of coronavirus cases increased in the vast majority of states over the last week, and decreased in only two states plus the District of Columbia, Axios' Caitlin Owens reports.