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An analysis by Scientific American shows a spike in stroke rates among U.S. millennials is occurring in the West and Midwest and in urban areas.

Why it matters: Mitchell Elkind, a stroke expert at Columbia University and New York-Presbyterian Hospital, told Scientific American that severe strokes in millennials are "a big problem because disability in people in their peak earning years can severely impact their families and future lives."

Geographic trends: Strokes in the western region of the U.S. increased by 70% from 2003 to 2012, while the Midwest saw a 34% climb in the same years. The highest rates are still in the South where 10 cases are responsible for every 10,000 people aged 18- to 34-years old who are hospitalized.

What's happening: President of the American Academy of Neurology, Ralph Sacco, suggested contributing factors could be drug use, obesity, physical inactivity and diabetes.

Go deeper

Dan Primack, author of Pro Rata
1 min ago - Economy & Business

Trump blocks banks from limiting loans to gun and oil companies

Illustration: Sarah Grillo/Axios

Big banks are no longer allowed to reject business loan applicants because of the industry in which they operate, according to a new rule finalized on Thursday by the Trump administration.

Why it matters: Wall Street has curtailed its exposure to industries like guns, oil and private prisons, driven by both public and shareholder pressures. This new rule could reverse that trend.

Former FDA commissioner: "Reliable drug supply is absolutely critical"

Axios' Caitlin Owens and former FDA commissioner Mark McClellan. Photo courtesy of Axios Events

Having a reliable supply of pharmaceutical drugs throughout America will be "absolutely critical" to boosting affordability in health care during the Biden administration, former Food and Drug Administration (FDA) commissioner Mark McClellan said at a virtual Axios Event on Friday.

The big picture: McClellan, who served under President George W. Bush, says drugs having limited supply and limited competition leads to elevated pricing. He considers drug supply to be a national security and public health issue.

Felix Salmon, author of Capital
3 hours ago - Economy & Business

Americans are still spending money

Source: Census Bureau; Chart: Axios Visuals

Americans spent more money at stores and restaurants in 2020 than they did in 2019 — even in the face of a devastating global pandemic that shut down broad sectors of the economy.

Why it matters: The monthly retail sales report this morning came in well below expectations, and showed consumer spending falling on a seasonally-adjusted basis. Total expenditures were still higher in December 2020 than they were a year previously, however.