When the Fed considers cutting interest rates, what does the central bank look at?

The Federal Reserve's June meeting tackles interest rates amid stubborn inflation. With borrowing costs at 5.25% - 5.5%, the Fed seeks stability. They'll analyze jobs, spending, and real estate. Despite mixed job growth and steady retail sales, growth has slowed to 1.3%, with inflation at 3.4%. No rate cuts expected yet.

CEOs got big raises last year; workers didn't

The typical compensation package for S&P 500 chief executives surged nearly 13% last year to a median of $16.3 million, significantly outpacing the 4.1% rise in private-sector worker wages, highlighting the widening pay gap amid rising inflation and financial pressure on American households.