The New York Daily news on a newstand. Photo: Drew Angerer/Getty Images

Local news still hasn't found a way to financial stability, despite the appetite for news expanding around the globe, but there are groups still fighting to keep local news outlets afloat.

Why it matters: Multiple organizations have stepped up to help local papers survive or provide local coverage themselves as non-profit organizations.

The big picture: Local newspapers peaked in 2005 but have since suffered from decline in readership and revenue, reports the Financial Times, which has left some local areas with heavy populations without local newspaper coverage.

The groups working on the issue:

Though circulation has remained relatively even with slight decreases over the last few years, ad revenues have dropped dramatically.

By the numbers: In 2016, local newspapers revenues totaled $18 billion. A decade before that, they were as high as $49 billion.

Go deeper

Hurricane Zeta makes landfall on Louisiana coast as Category 2 storm

A satellite image of Hurricane Zeta. Photo: National Hurricane Center/NOAA

Hurricane Zeta made landfall along the southeastern coast of Louisiana as a Category 2 storm on Wednesday, bringing with it "life-threatening storm surge and strong winds," per the National Hurricane Center.

What's happening: The hurricane was producing maximum sustained winds of nearly 110 mph and stronger gusts.

Updated 1 hour ago - Politics & Policy

Coronavirus dashboard

Illustration: Sarah Grillo/Axios

  1. Politics: Biden ahead in Wisconsin, Michigan as cases surge in the Midwest.
  2. Health: Surge "is real" and not just caused by more tests, Trump's testing czar saysMask mandates help control rise in hospitalizations Some coronavirus survivors have "autoantibodies."
  3. Business: Surge is sinking consumer confidence Testing is a windfall.
  4. World: Europe faces "stronger and deadlier" coronavirus wave France imposes lockdown as Macron warns of overwhelming second COVID wave Germany to close bars and restaurants for a month.
  5. Sports: Boston Marathon delayed as COVID-19 surges MLB to investigate Dodgers player who joined celebration after positive COVID test.

What the 2020 election means for science

Illustration: Sarah Grillo/Axios

The 2020 presidential election presents two stark paths for the direction of future-focused scientific research.

Why it matters: Science is a long game, with today's breakthroughs often stemming from research carried out decades ago, often with government help. That means the person who occupies the White House over the next four years will help shape the state of technology for decades into the future.

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