A new study by the American Press Institute and the Associated Press-NORC Center for Public Affairs Research finds that most people who use social media to get news often don't trust the content.

Fewer than 25% of people have a "great deal" of trust for social media as news sources overall, and that number plummets to 12% for Facebook. Overall, Snapchat had highest percentage of people willing to say they don't trust the platform at all.

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Data: American Press Institute; Chart: Andrew Witherspoon / Axios

Why it matters: Around 62% of U.S. adults get news on social media, and according to Pew, 68% of people don't trust the news they see or read, which is the highest distrust rate the U.S. has ever seen. In a separate study, Pew found that the social platforms people intentionally visit the most to get news are Linkedin, Twitter and Reddit, and the sites people stumble upon most to accidentally receive news are Facebook, Instagram and Youtube.

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Illustration: Sarah Grillo/Axios

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Trump pushes to expand ban against anti-racism training to federal contractors

Trump speaking at Moon Township, Penns., on Sept. 22. Photo: Mandel Ngan/AFP via Getty Images

President Trump announced late Tuesday that the White House attempt to halt federal agencies' anti-racism training would be expanded to block federal contractors from "promoting radical ideologies that divide Americans by race or sex."

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Dan Primack, author of Pro Rata
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GoodRx prices IPO at $33 per share, valued at $12.7 billion

Illustration: Sarah Grillo/Axios

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By the numbers: GoodRx priced its shares at $33 a piece, above its $24-$28 per share offering range, which will give it an initial market cap of around $12.7 billion.

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