Money

AFL -CIO - The average CEO-to-worker pay ratio of S&P 500 companies increased from 285-to-1 in 2024 to 312-to-1 in 2025. (And that excludes Tesla CEO Elon Musk, whose pay package is so huge it would skew the results.) The average CEO pay at S&P 500 companies increased 21%, from $18.9 million in 2024 to $22.8 million in 2025…..Workers’ share of U.S. national income fell to its lowest level since World War II. While their bosses rake in millions, workers at Amazon, Dollar Tree, FedEx, McDonald’s and Walmart are among the highest users of public assistance, relying on programs like Medicaid and SNAP (or food stamps) to make ends meet.

NPR - Inflation eased slightly last month. Consumer prices in July were 3.4% higher than they were a year ago, according to a new report from the Labor Department. It's a smaller annual increase than in May or June. Rent and airfare prices rose while gasoline and grocery prices fell.... Produce prices often fluctuate depending on growing conditions and other factors, and lettuce prices are expected to rebound once the food scare passes, NPR’s Scott Horsley tells Up First. The lower prices contributed to about 0.1% decline in grocery costs last month, but overall grocery prices are still up about 2.7% over the past year. This week's cooler inflation report may lead the Federal Reserve to monitor whether inflation will continue to moderate rather than raise interest rates, Horsley says.