Kai Risdahl

It's almost time for the World Cup.

This week on Million Bazillion, Bridget and I learn how scouting works, how teams decide what to pay their star athletes, and why those are important factors in making games fun to watch.

On the program today, what really is in a word?

From American Public Media, this is Market Class.

In Los Angeles, I'm Kyle Rizdahl.

It is Tuesday.

Today, this one is the 2nd of June.

Good as it always is to have you along, everybody.

What I'm about to say is perhaps self-evident, but bear with me here for a second, would you?

Words have meaning.

I know, basic, but important.

Our words of choice today are wages and income.

As we were saying yesterday, we're going to get an update on worker wages on Friday when the May unemployment report lands.

But as Marketplace's Justin Ho reports today to get us going, economists and analysts are keeping an eye on incomes, too.

Wall Street today, traders sent the three major indices to fresh record highs, but they did it without a whole lot of enthusiasm.

We will have the details enthusiastically when we do the numbers.

Wall Street has put first quarter earnings season in the rearview mirror.

And although, as you know, the stock market is not the economy, one must note here that according to the financial data company FactSet, the year-over-year earnings growth rate for the S&P 500 was just shy of 29%.

So corporate America doing OK.

Consumer America.