New June inflation numbers released Wednesday show the Consumer Price Index rose 9.1% since last year - the fastest annual pace since November 1981. To make matters worse, wages are not keeping up.<ul>
<li>Plus: the federal Immigration and Customs Enforcement agency is running out of money.</li>
<li>And: the millennial friendship crisis.</li>
</ul>Guests: Axios' Neil Irwin, Stef Kight and Erica PandeyCredits: Axios Today is produced by Niala Boodhoo, Sara Kehaulani Goo, Alexandra Botti, Nuria Marquez Martinez, Lydia McMullen-Laird, Alex Sugiura, and Ben O'Brien. Music is composed by Evan Viola. You can reach us at <a href="mailto:podcasts@axios.com">podcasts@axios.com</a>. You can text questions, comments and story ideas to Niala as a text or voice memo to 202-918-4893.Go Deeper:<ul>
<li><a href="https://www.axios.com/2022/07/13/inflation-cpi-biden-prices">America's inflation problem gets worse</a></li>
<li><a href="https://www.axios.com/2022/07/14/ice-immigration-spending-border-budget">Scoop: ICE is short $345 million, poised to spend more than ever</a></li>
<li><a href="https://www.axios.com/2022/06/30/how-to-make-friends">Axios Finish Line: Making friends</a></li>
</ul>

High stakes for Biden’s Mideast trip

Axios podcast host Niala Boodhoo digs deep with leaders you know — or need to know — in business, politics and culture. Every week, all in under 20 minutes.

About Axios: Axios is a digital media company launched in 2017. Axios helps you become smarter, faster with news and information across politics, tech, business, media, science and the world. Subscribe to our newsletters at axios.com/newsletters and download our mobile app at axios.com/app. 

About Niala Boodhoo: Niala Boodhoo is the host of 1 big thing and previously hosted Axios Today She was the founding Host and Executive Producer of the award-winning news program The 21st. An alum of Reuters, The Miami Herald and WBEZ/Chicago, Niala was a 2019-2020 Knight-Wallace fellow.