Next month, the Bureau of Labor Statistics will tell us how much of the income generated by workers’ toil actually went to them in Q1. That stat is called labor share of national income — and it’s shrinking. Plus, a government committee that scrutinizes deals between foreign companies and American firms may be getting more power. And 14 states are opting out of a summer EBT program that would help families buy groceries.
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Workers are getting a smaller slice of the pie

In less than 10 minutes, we’ll get you up to speed on all the news you missed overnight. Throughout the morning, Marketplace’s David Brancaccio will bring you the latest business and economic stories you need to know to start your day. And before U.S. markets open, you’ll get a global markets update from the BBC World Service in London. 

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The Justice Department is suing Live Nation, the parent company of Ticketmaster, saying that it violated antitrust law. Live Nation controls at least 80% of box office sales at major concert venues, and owns or controls more than 60% of large amphitheaters in the U.S. Yet we may not know the upshot of the lawsuit for consumers for quite some time. Also: a look inside the wide world of indie video games.
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Will the Ticketmaster antitrust lawsuit make it easier for people to get tickets?

The NCAA, the governing body for college sports, and the five biggest athletic conferences have agreed to a landmark $2.8 billion settlement of a class-action suit. If approved by a judge, it’ll means that schools would be allowed to share revenues with student athletes going forward. Then, we’ll have a conversation about capitalism and activism in college athletics. And later: Will you be “quiet vacationing” this holiday weekend?
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A major step toward paying college athletes

From the BBC World Service: Google is expanding its network infrastructure, with an aim of enhancing internet connectivity and competing in the cloud computing market. Then, days after President Biden imposed higher tariffs on EVs from China, Elon Musk says he doesn’t support them — contradicting a warning he made back in January that Chinese carmakers would “demolish” global competitors if there were no trade barriers.
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Google’s laying a subsea fiber-optic cable connecting Africa and Australia

A recent poll conducted for the Guardian newspaper asked people how they felt about the economy. It finds nearly three in five Americans (wrongly) believe the U.S. is in a recession. About half think the stock market is down for the year. (It’s not.) What’s behind the disconnect? Plus, tariffs designed to create higher-paying jobs stateside may fail to do that. And we’ll hear the history behind the Ticketmaster antitrust lawsuit.
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Unfavorable views of a (generally) favorable economy

Writer Andrew Lipstein embarked on a quest to freak himself out about passive investments: Things like buying index funds, for instance all the companies in the S&P; 500, setting it and forgetting it. Lipstein spent time with a professional investor who argues index funds play a dangerous role in the market that may not end well. We hear that story. But first, chipmaker Nvidia reports a seven-fold increase in profits.
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Workers are getting a smaller slice of the pie

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