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Students pull a mock 'ball & chain' representing outsandig student debt. Photo: Paul J. Richards/AFP via Getty Images

Debt is one of the biggest daily concerns for 68% of millennials, according to a new poll by Hometap, and they are seven times more likely than people over 50 to say that paying credit card or student debt is an important financial goal.

Why it matters: A majority of millennials say baby boomers have made things worse for them, according to an Axios/Survey Monkey poll, as they struggle with big college loans, inheriting two wars, and facing an uncertain future of work. But only 56% of them said they are "extremely" or "very" responsible in how they manage their money, compared with 80% of those 70 years old and more.

  • More than 50% of millennials' salaries go to mortgage payments, according to the Hometap poll. And 70% say that high mortgage payments make it harder to reach their financial goals.
  • They are 30% less likely than those 50+ to believe they will ever receive social security.

Be smart: 85% of millennials are personally saving for retirement.

Go deeper: Millennials blame boomers for ruining their lives

Go deeper

Ben Geman, author of Generate
25 mins ago - Energy & Environment

The road to COP26 gets slightly easier

Illustration: Annelise Capossela/Axios

The bad diplomatic vibes heading into the critical United Nations climate summit in Glasgow, Scotland, might be improving slightly.

Catch up fast: Chinese President Xi Jinping yesterday pledged to end overseas finance for building new coal-fired power plants and boost support for clean energy in developing nations.

Narrowing the employee divide

Illustration: Shoshana Gordon/Axios

Companies are narrowing the blue- and white-collar experience as they're forced to adapt to a worker-led market.

Driving the news: Basic office tools and concepts like corporate communications and schedule flexibility are migrating to frontline operations through investments in technology.

2 hours ago - Health

U.S. to buy 500 million more Pfizer doses to share with the world

A nurse fills a syringe with a dose of the Pfizer-BioNTech COVID-19 vaccine. Photo: Ben Hasty/MediaNews Group/Reading Eagle via Getty Images

The Biden administration is planning to purchase 500 million more Pfizer-BioNTech coronavirus vaccine doses to donate to the world, officials said in an op-ed Wednesday.

Why it matters: The move represents a big step toward making the U.S. a major global vaccine supplier just as China has ramped up exports of its Sinopharm, Sinovac and CanSino vaccines, which can be stored at normal refrigerator temperatures.