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Broadsheet

The Broadsheet: August 12th

Kristen Bellstrom
By
Kristen Bellstrom
Kristen Bellstrom
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Kristen Bellstrom
By
Kristen Bellstrom
Kristen Bellstrom
Down Arrow Button Icon
August 12, 2016, 7:52 AM ET

Good morning, Broadsheet readers! Hillary Clinton rips into Donald Trump’s economic plan, more than half of female ad execs say they’ve been harassed at work, and Simone Biles is my hero. Have a wonderful weekend.

EVERYONE'S TALKING

•Clinton on the money? Hillary Clinton delivered a major economic policy speech yesterday, ripping into Donald Trump's proposals and contrasting them with her own. Fortune's Ben Geier and Chris Matthews fact-checked some of Clinton's key assertions, with mixed results. Meanwhile, Shawn Tully called both candidates "delusional" about America's finances, since neither made any serious commitment to reducing deficits.

It was particularly interesting to hear Clinton's take on Trump's recently announced childcare plan, which he says would allow Americans to "fully deduct the average cost of child care spending." The Democratic nominee pooh-poohed this idea, saying it would only benefit the rich. Clinton's plan, which she has laid out before, would cap the cost of childcare at 10% of a family's income. Hungry for more details? I recommend this Washington Post story, which takes a deep dive into how the two candidates' plans compare.

ALSO IN THE HEADLINES

•Bow down for Biles. It's official: Simone Biles won the women’s individual all-around gold medal at the Rio Games, cementing her status as the world's best gymnast. New York Times

•A bad deal. Fifth Third Bancorp, the largest bank in Ohio, fired its chief legal officer Heather Russell when it learned that she was in a relationship with Timothy Mayopoulos, CEO of Fannie Mae. Mayopoulos, on the other hand, was able to keep his job. Financial Times

•One chart to Trump them all. Donald Trump announced the addition of eight women to his formerly all-male economic advisory cabinet—a move that many see as an attempt to win back female voters. To get a better sense of how many women are still in Trump's corner, check out this chart, which traces his polling status with women since October of last year. Fortune

•An ad, ad, ad, ad world. According to a new study from advertising association 4As, more than half of women in the industry say they've experienced sexual harassment at least once. A full 54% also said that their gender makes them feel at least somewhat vulnerable to discrimination at work. Campaign Live

•Week in review. In this week's Broad Strokes, Valentina Zarya and I talk Olympic sexism and attempt to parse the continuing crisis at Fox News—debating whether we're really in an "Anita Hill moment." Fortune

IN CASE YOU MISSED IT

•Refining their audience. In a bid to reach more millennial women,Turner Networks is leading a $45 million funding round in Refinery29, the digital publishing site whose co-founders include Christene Barberich and Piera Gelardi. Christina Miller, president and GM of Turner’s Cartoon Network, Adult Swim, and Boomerang, will join Refinery29’s board. Fortune

•Out of the Clinton closet. Have you noticed a surge of Hillary Clinton supporters on your Facebook feed? Many of her so-called “silent” supporters, who avoided talking politics on social media and elsewhere during the primaries, say they've now started speaking out. Fortune

•Arianna's legacy. Fortune's Mathew Ingram weighs in on Arianna Huffington's decision to step down from Huffington Post. While the company and its tactics have plenty of critics, Ingram concludes that Huffington "was and is a media pioneer," whose vision and Rolodex created a digital powerhouse. Fortune

•Salary silence. New York City may follow in the footsteps of Massachusetts, which earlier this month became the first state to make it illegal for employers to ask interviewees about their salary history—a move intended to help shrink the gender pay gap. New York Post

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ON MY RADAR

Women's track stars ready to handle business, keep racking up U.S. medal count ESPNW

Harassment crisis builds at Fox News, despite its swift response New York Times

Seth Rogen defends Amy Pascal on Sony hack Motto

This female app founder says that anonymous comments allow people to be more candid Fortune

QUOTE

I mean, the gold medal wasn’t just for me. It was for people that came before me and inspired me to stay in the sport.

Simone Manuel, who became the first African-American woman to win an individual event in Olympic swimming last night
About the Author
Kristen Bellstrom
By Kristen Bellstrom
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