Empty fast food containers. Photo: Matthew Horwood/Getty Images

Almost 60% of people in OECD countries are overweight and nearly 25% are obese, according to an analysis from the intergovernmental organization.

Why it matters: Treating obesity-linked diseases in these countries costs $423 billion a year, and they will claim more than 90 million lives over the next 30 years — with life expectancies reduced by nearly 3 years.

  • The OECD is made up of most countries in North America and western Europe — along with others scattered around the globe like Australia, New Zealand, Japan, South Korea, Israel and Chile.

The state of play: The report predicts nearly 8.5% of the world's health expenditures will be spent toward obesity-linked conditions between 2020 and 2050. In the U.S., that number could be as high as 14%.

  • It found that 50 million more adults became obese from 2010 to 2016.
  • Overweight people are responsible for 70% of all treatment costs for diabetes, 23% of treatment costs for cardiovascular diseases and 9% for cancers.

Of note: Another study published earlier this year found millennials are facing a much higher risk of obesity-related cancers than baby boomers did at their age.

Go deeper: Study: Millennials face greater risk of some cancers due to obesity

Go deeper

Trump issues order banning TikTok if not sold within 45 days

Illustration: Aïda Amer/Axios

Americans and U.S. companies will be banned from making transactions with ByteDance, the Chinese owner of TikTok, in 45 days, according to a new executive order President Trump issued Thursday evening.

The big picture: Last week Trump announced his intention to ban TikTok but said he'd leave a 45-day period for Microsoft or other U.S.-based suitors to try to close a deal to acquire the popular video-sharing app.

Bill Hagerty wins Republican Senate nomination in Tennessee primary

Former U.S. Ambassador to Japan Bill Hagerty speaking at CPAC in 2019. Photo: Mandel Ngan/AFP via Getty Images

Former U.S. Ambassador to Japan Bill Hagerty won the Tennessee Republican Senate primary on Thursday evening, beating out surgeon Manny Sethi for GOP Sen. Lamar Alexander's seat, who announced his retirement in late 2018, AP reports.

Why it matters: Though the race narrowed in July, Hagerty — who received President Trump's endorsement in 2019 — stuck close to the president's messaging and touted his Tennessee roots.

Updated 2 hours ago - Politics & Policy

Coronavirus dashboard

Illustration: Eniola Odetunde/Axios

  1. Global: Total confirmed cases as of 7:30 p.m. ET: 18,982,658 — Total deaths: 712,266— Total recoveries — 11,477,642Map.
  2. U.S.: Total confirmed cases as of 7:30 p.m. ET: 4,873,747 — Total deaths: 159,931 — Total recoveries: 1,598,624 — Total tests: 59,652,675Map.
  3. Politics: Pelosi rips GOP over stimulus negotiations: "Perhaps you mistook them for somebody who gives a damn" — Ohio Gov. Mike DeWine tests positive.
  4. Public health: Majority of Americans say states reopened too quicklyFauci says task force will examine aerosolized spread.
  5. Business: The health care sector imploded in Q2More farmers are declaring bankruptcyJuly's jobs report could be an inflection point for the recovery.
  6. Sports: Where college football's biggest conferences stand on playing.