Illustration: Rebecca Zisser / Axios

The teachers strikes show no signs of slowing down, with Arizona educators rejecting a deal and Colorado teachers remaining out of classrooms.

Why it matters, as told by Axios' Mike Sykes: "The pressure is on for state legislators to meet the demands of teachers or else strikes will continue. If they don't, we could see strikes lasting for more than a week."

Factors at play:
  • Teachers wages have been stagnant since the Great Recession. [Axios]
  • Educators end up buying classroom materials out of their own pockets. [Axios]
  • State pensions are woefully underfunded, with a $1.4 trillion deficit as of 2016. "That puts downward pressure on wages and benefit checks as governments struggle to close the funding gap." [AP]
The battlegrounds:
  • West Virginia: 5% pay increase secured.
  • Oklahoma: $450 million in new tax revenue for education secured.
  • Kentucky: Teachers managed to pressure the Republican legislature to override education cuts.
  • Arizona: Seeking 20% raise. The state's Republican legislature and governor have a deal to get that raise done by 2020, but teachers want it immediately.
  • Colorado: Teachers have walked out to protest stagnant pay and education funding that has failed to keep pace with inflation.

Go deeper: Our latest Axios video features the challenges faced by teachers

Go deeper

"Hamilton" is a streaming hit for Disney+

Data: Google Trends; Chart: Andrew Witherspoon/Axios

The debut of "Hamilton" on Disney+ last Friday sent downloads of the app soaring over the weekend.

Why it matters: With theaters closed until 2021, "Hamilton" is the biggest litmus test for whether Broadway will ever be able to successfully transition some of its iconic hits.

Wall Street is no longer betting on Trump

Illustration: Sarah Grillo/Axios

Betting markets have turned decisively toward an expected victory for Joe Biden in November — and asset managers at major investment banks are preparing for not only a Biden win, but potentially a Democratic sweep of the Senate and House too.

Why it matters: Wall Street had its chips on a Trump win until recently — even in the midst of the coronavirus-induced recession and Biden's rise in the polls.

With new security law, China outlaws global activism

Illustration: Eniola Odetunde/Axios

The draconian security law that Beijing forced upon Hong Kong last week contains an article making it illegal for anyone in the world to promote democratic reform for Hong Kong.

Why it matters: China has long sought to crush organized dissent abroad through quiet threats and coercion. Now it has codified that practice into law — potentially forcing people and companies around the world to choose between speaking freely and ever stepping foot in Hong Kong again.