Marketplace All-in-One

Averages wages grew 3.4% year over year, but at the same time, inflation as measured by the consumer price index, has been eating away at those gains. Workers don’t want to lose purchasing power — rising inflation will feel like a pay cut — but the Fed may see things a bit differently. Plus: Home cooks are a bright spot in Campbell’s soup sales, the owner of Vimeo, AOL, and WeTransfer files for an IPO, and a former diplomat rehabs old movie theaters.

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Oil prices are still heading up this morning, but a bit more slowly after tensions in the Middle East appear to be easing. Earlier today, Israel and Iran attacked each other for the first time since the ceasefire in April. What’s behind these rising oil prices, and why are traders bidding up crude? Also in the show: a preview of May inflation data and encouragement to work from home in World Cup host cities.

There are about 700 hospitals at risk of closure across rural communities in the U.S. Financial headwinds are mounting, with disappearing federal subsidies and cuts to Medicaid. Alabama is a state familiar with hospital closures and at risk for more. This morning, host Kimberly Adams visits Thomasville Regional Medical Center, a hospital that looks frozen in time but has been closed for almost two years, to learn what happens to a community's economy and access to healthcare when vital resources disappear.

Enforcement of the Take It Down Act began last month. If tech firms don’t comply and take down non-consensual intimate images — AI-generated or not — within 48 hours of being notified, they face financial and criminal penalties.

Lauren Feiner is a senior policy reporter at The Verge, who’s been writing about the law. She walked us through how platforms have been responding.

Growing health insurance premiums, particularly for plans on the Affordable Care Act marketplace, have been in the headlines as cuts to Medicaid roll out nationwide. But healthcare deductibles are also growing — and with them, the group of Americans who have insurance but can’t afford to use it. Also in this episode: The hospitality industry adds jobs in May, a jeweler in California mines his own gold, and we recap the week’s economic headlines.

Every story has an economic angle. Want some in your inbox? Subscribe to our daily or weekly newsletter.

Marketplace is more than a radio show. Check out our original reporting and financial literacy content at marketplace.org — and consider making an investment in our future.