AP Photo/Marcio Jose Sanchez, File

There's an interesting divide noted in a report, commissioned by Google and put together by Deloitte, about small businesses that use digital tools: a full 50 percent of small businesses have only a limited or moderate digital presence. The report argues that small businesses that adopt digital tools (which could include, of course, Google's many offerings) do better.

The details:

  • Of small businesses whose digital presence the report deems "basic" — which accounted for 20 percent of all small businesses surveyed — 90 percent don't have a website.
  • Another group with slightly more advanced digital capabilities make up another 30 percent of businesses. Many of those businesses had a website, but far fewer had social media presences.

Why it matters: The findings indicate that use of many of the tools we consider part of daily life haven't totally proliferated to small businesses that make up a large portion of the economy.

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Updated 2 hours ago - Politics & Policy

Coronavirus dashboard

Illustration: Sarah Grillo/Axios

  1. Global: Total confirmed cases as of 8 a.m. ET: 10,890,511 — Total deaths: 521,694 — Total recoveries — 5,772,017Map.
  2. U.S.: Total confirmed cases as of 8 a.m. ET: 2,739,879 — Total deaths: 128,740 — Total recoveries: 781,970 — Total tested: 33,462,181Map.
  3. Public health: The states where face coverings are mandatory Regeneron stops trial after drug fails to help patientsWhat we know about the coronavirus immune response — Fauci says it has been a "very disturbing week" for the spread of the coronavirus in the U.S.
  4. Business: Top business leaders urge the White House to develop mandatory mask guidelines.
  5. Politics: Herman Cain hospitalized for COVID-19 after attending Trump Tulsa rally — Biden downplays jobs number, rebukes Trump for ignoring health crisis.
  6. Economy: The economy may recover just quickly enough to kill political interest in more stimulus.
  7. States: Texas mandates face masks in public spaces Florida reports more than 10,000 new coronavirus cases, and its most-infected county issues curfew.

Markets swell as the economy shrinks

Illustration: Eniola Odetunde/Axios

The economy is sputtering, but the markets are thriving — a highly unusual event that shows how the coronavirus has thrown all bets off.

Why it matters: The disconnect adds to the wealth gap. The richest 10% of households — who own 84% of stocks — are getting richer, while millions of out-of-work Americans cross their fingers that pandemic unemployment benefits will be extended.

12 hours ago - Health

Fauci: Coronavirus surges mark a "very disturbing week" in the U.S.

Fauci testifies to the Senate Health, Education, Labor and Pensions Committee on June 30. Photo: Al Drago/AFP via Getty Images

NIAID director Anthony Fauci told medical journal JAMA on Thursday that it has been a "very disturbing week" for the spread of the novel coronavirus in the U.S.

What's happening: The number of coronavirus cases increased in the vast majority of states over the last week, and decreased in only two states plus the District of Columbia, Axios' Caitlin Owens reports.