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Data: CDC, U.S. Census Bureau; Chart: Andrew Witherspoon/Axios

More than two-thirds of Americans 75 and older have received at least one dose of the coronavirus vaccine, as have more than half of those 65-74, per CDC data.

Why it matters: Any future surge in cases almost certainly wouldn't be as deadly as previous waves, because older people are the most likely to die from the virus.

What they're saying: "Measuring the risk from Covid is no longer primarily about tallying daily cases or analyzing the positivity rate. As the most vulnerable Americans are increasingly being protected by vaccines, it’s also about assessing the number of people developing severe disease," former FDA Commissioners Scott Gottlieb and Mark McClellan recently wrote in the Wall Street Journal.

  • Although the virus isn't going to go completely away, "the goal should be for hospitalization rates to resemble those associated with routine infectious diseases."

Yes, but: Millions of younger Americans have pre-existing conditions that also make them vulnerable to the virus, and the vaccination effort has often prioritized age above underlying conditions.

  • In many states, people with underlying conditions still aren't eligible for the vaccine, per KFF.
  • Risk of infection — including via work — has also generally fallen lower on the priority list, which impacts people of color disproportionately.
  • White people have received a higher share of vaccinations than their portion of the population in most states that report such data, also per KFF.

The bottom line: The vaccination effort still has a long way to go, and researchers are still evaluating the effectiveness of the vaccines against new virus variants.

  • But millions of older Americans — and their loved ones — can breathe a collective sigh of relief for the first time in a year.

Go deeper

American Carissa Moore wins first-ever women's Olympic gold in surfing

Carissa Moore of Team USA surfs during the women's Quarter Final on day four of the Tokyo 2020 Olympic Games at Tsurigasaki Surfing Beach in Ichinomiya, Chiba, Japan, on Tuesday. Photo: Ryan Pierse/Getty Images

Team USA's Carissa Moore won gold in the first-ever Olympic women's surfing final, at the Tokyo Games on Tuesday.

The big picture: The four-time world champion surfer from Hawaii was touted as a gold-medal favorite ahead of the finals, which were brought forward a day due to the threat of Tropical Storm Nepartak. Brazil's Italo Ferreira won the gold medal in the inaugural men's Olympic surfing contest.

Editor's note: This a breaking news story. Please check back for updates.

Updated 21 mins ago - World

Hong Kong judges return guilty verdict in first security law trial

Activist Tong Ying-kit arrives at the West Kowloon court in Hong Kong in 2020. Photo: Isaac Lawrence/AFP via Getty Images

Tong Ying-kit, the first person to be charged and tried under Hong Kong's national security law was found guilty of terrorism and inciting secession by three judges Tuesday, per Bloomberg. The 24-year-old had pleaded not guilty to the charges.

Why it matters: The law passed by the ruling Chinese Communist Party last year carries the maximum sentence of life imprisonment. In a departure from the Asian financial hub's common law traditions, Tong was denied a jury trial.

Updated 1 hour ago - Sports

Olympics dashboard

🎾: Naomi Osaka eliminated from Olympic tennis tournament

🏊‍♀️: Teen swimmer Lydia Jacoby wins first U.S. women's Tokyo Games gold

✊🏿: Costa Rican gymnast pays tribute to Black Lives Matter in Olympic routine

🥇: Weightlifter Hidilyn Diaz wins the Philippines' first Olympic gold

🤖: The robot Olympics

🌡: Heat wave brings scorching temperatures to Tokyo Olympics

Go deeper: Full Axios coverage - Medal tracker