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Data: Institute for Women’s Policy Research; Chart: Harry Stevens/Axios

Women don't earn 80% of what men earn. The true number is closer to 50%.

Driving the news: A new report from the Institute for Women's Policy Research looks at how much money women actually earned, in aggregate, over three different 15-year time periods. While men's incomes were largely unchanged over the past 50 years, and women's rose significantly, women are still only halfway to equality.

  • Women make less money than men when they are earning — and they're also far more likely to be earning nothing at all. 43% of women have had zero income in at least one of the past 15 years. That's twice the rate of men.

Why it matters: A new IMF study concludes that as women find it easier to enter the workforce, national economic growth improves, and even male incomes go up.

Go deeper: The geographical wage gap has stopped closing

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When U.S. politicians exploit foreign disinformation

Illustration: Aïda Amer/Axios

U.S. political actors will keep weaponizing the impact of widespread foreign disinformation campaigns on American elections, making these operations that much more effective and attractive to Russia, China, Iran or other countries backing them.

Why it matters: Hostile powers’ disinformation campaigns aim to destabilize the U.S., and each time a domestic politician embraces them, it demonstrates that they work.

17 mins ago - Technology

Samsung debuts Note 20, new foldable smartphone

The Galaxy Note 20 Ultra

Samsung unveiled its crop of new mobile devices Wednesday, including two versions of the Note 20 smartphone, an updated foldable device, two tablets and a watch.

Why it matters: The new devices aim to give Samsung an early start at the second half of the year, with products aimed at parents buying fresh gear for the back-to-homeschool season.

Joe Biden will no longer travel to Milwaukee for Democratic convention

Photo: Mark Makela/Getty Images

Joe Biden will no longer be traveling to Milwaukee the week of Aug. 17 to accept his nomination in person at the Democratic National Convention due to COVID-19 concerns, the DNC announced Wednesday.

Why it matters: No planned speakers will travel to Milwaukee, meaning that the convention will be entirely virtual — unlike the hybrid event that the party had previously been planning. Biden will accept the nomination from his home state of Delaware.