Police brass listens as New York City Mayor Bill de Blasio, and NYPD Commissioner Jim O'Neil conduct a news conference. Photo: Mary Altaffer / AP

Homicide data show that urban killings are rising in clusters, while other areas of the same city grow safer, AP's Sara Burnett and Larry Fenn report: "Slayings in Chicago, St. Louis and Indianapolis are becoming concentrated into small areas where people are dying at a pace not seen in years, if ever. Around them, much of the rest of the city is growing more peaceful."

Why it matters: "The inequality between the two realities deepened in recent years, allowing people in the same metropolis to live in one realm with little sense of the other and creating districts of despair where everyone has seen or had someone close to them shot or killed."

"The neighborhoods enduring the most violence were largely poor and African-American, as were the killers and the victims...Researchers say the disparity may be linked to increased joblessness, segregation and the growth of the so-called wealth gap. Over the past three decades, the wealthiest Americans have grown markedly richer while low earners lost jobs and struggled and some turned to violence."

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2 hours ago - Sports

Pac-12 football players threaten coronavirus opt-out

Illustration: Eniola Odetunde/Axios

A group of Pac-12 football players have threatened to opt out of the season unless the conference addresses systemic inequities and concerns related to the coronavirus pandemic.

Why it matters: College football players have never had more leverage than they do right now, as the sport tries to stage a season amid the pandemic. And their willingness to use it shows we've entered a new age in college sports.

Betting on inflation is paying off big for investors

Illustration: Aïda Amer/Axios

The specter of rising inflation is helping power assets like gold, silver and Treasury Inflation-Protected Securities (TIPS) to strong returns with record demand this year.

The big picture: Investors continue to pack in even as inflation metrics like the consumer price index (CPI) and personal consumption expenditure (PCE) index have remained anchored.

Scoop: Top CEOs urge Congress to help small businesses

Illustration: Eniola Odetunde/Axios

With a new coronavirus relief measure stalled in Congress, CEOs of some of the world's biggest companies have banded together to send a message to Washington: Get money to small businesses now!

Why it matters: "By Labor Day, we foresee a wave of permanent closures if the right steps are not taken soon," warns the letter, organized by Howard Schultz and signed by more than 100 CEOs.