Axios

Wages are finally rising faster than inflation, according to new data from the Labor Department. And consumer prices in June had their smallest annual increase since March 2021. What does this mean for the power of our money?

• Plus, wealthy nations grapple with the rise in global migration.
• And, Ron DeSantis' Iowa ground game.

Guests: Axios' Courtenay Brown, Stef Kight and Sophia Cai.

Credits: Axios Today is produced by Niala Boodhoo, Alexandra Botti, Fonda Mwangi, Lydia McMullen-Laird, Robin Linn and Alex Sugiura. Music is composed by Evan Viola. You can reach us at [email protected]. You can text questions, comments and story ideas to Niala as a text or voice memo to 202-918-4893.

Go deeper:

• "The fever is breaking" as inflation takes long-awaited tumble
• Wages are finally rising faster than inflation
• The big-money donors backing DeSantis — and RFK Jr.

Severe storms this week have caused historic flooding in the Northeast, especially Vermont. Data on this kind of flooding is critical, but the national data we rely on underestimates the risk.

• Plus, the push for new treatments against superbugs.
• The Biden administration takes another shot at affordable child care.
• And, Meta's Threads reaches a milestone.

Guests: Axios' Andrew Freedman, Adriel Bettelheim and Caitlin Owens.

Credits: Axios Today is produced by Niala Boodhoo, Alexandra Botti, Fonda Mwangi, Lydia McMullen-Laird and Alex Sugiura. Music is composed by Evan Viola. You can reach us at [email protected]. You can text questions, comments and story ideas to Niala as a text or voice memo to 202-918-4893.

Go deeper:

• Vermont communities evacuated from historic flooding as storm slams Northeast
• Infectious disease groups push for new treatments against superbugs
• Biden administration takes another shot at affordable childcare
• Threads is big, but no one knows where it's going