The May inflation numbers are due out Wednesday morning. Here's what to expect
If the Wall Street consensus is correct, the consumer price index is expected to show inflation running at a 4.2% annual rate.
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Asian markets plunge after record AI rally and renewed Iran attacks
Markets in South Korea and Japan slid after a rally in tech stocks in recent weeks.
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Private payrolls grew by 122,000 in May, stronger than expected, ADP reports
Unlike prior months, where job growth was concentrated in healthcare and a few other sectors, gains were more broad-based.
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Delcy Rodríguez: Will Venezuelan oil earn a permanent place in India\s energy mix？
Delcy Rodríguez‘s India visit highlights Venezuela’s growing role in Delhis oil diversification.
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Job openings in April surged to 7.6 million, the highest in nearly two years
The Bureau of Labor Statistics reported that available employment hit 7.6 million for the month, a surge of 731,000 from the prior month.
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Inflation hits 3.2% in the euro zone as Iran war pushes energy costs higher
Energy costs in the region surged by an annual rate of 10.9% in May.
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How the ‘double scar’ of past inflation woes and geopolitical shocks amid the Iran war is hitting consumers
Mental "scars" reinforce fears of stagflation, when rising prices coincide with declining growth, research finds.
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Core inflation hit an annual rate of 3.3% in April, as expected, Feds preferred gauge shows
The PCE price index for April was expected to show an annual inflation rate of 3.8% for all items and 3.3% for core.
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Energy inflation has been more persistent than expected: Fed's Goolsbee
While oil prices have recently fallen on news that a peace deal between the U.S. and Iran could come, prices are still significantly higher than before the war.
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Energy inflation has been more persistent than expected, Fed's Goolsbee tells CNBC
While oil prices have recently fallen on news that a peace deal between the U.S. and Iran could come, prices are still significantly higher than before the war.
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Feds Kashkari tells CNBC that inflation fight takes priority as labor market is 'in decent shape'
The Minneapolis Fed President warned that persistently high inflation risks becoming embedded in consumer expectations, potentially forcing tougher policy action later.
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Feds Kashkari says inflation fight takes priority as labor market is 'in decent shape'
The Minneapolis Fed President warned that persistently high inflation risks becoming embedded in consumer expectations, potentially forcing tougher policy action later.
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Oil prices jump after US launches new attacks on Iran
The strikes come despite a ceasefire between Tehran and Washington as the two countries hold peace talks.
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SK Hynix and Micron: Booming AI chip demand helps create two new $1tn club members
SK Hynix and Micron are the latest tech firms to join the growing list of stocks with mega valuations.
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ECB 'will do what is necessary' to tame inflation, Bank of France governor tells CNBC
Markets are overwhelmingly pricing in a rate hike from the central bank at its next meeting.
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Americans are feeling inflation's pinch into the holiday weekend. Here's where prices are rising the most
Prices related to travel, recreation and food saw particularly steep increases, stretching Americans' wallets as they celebrate the unofficial start of summer.
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Consumer sentiment hits fresh record low in May as Iran war fuels inflation worries
Consumer sentiment has tumbled to a fresh record low in May as fears of higher prices grow due to the U.S.-Iran war and elevated oil prices.
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Consumer sentiment hits fresh record low in May as Iran war fuels inflation worries
Consumer sentiment has tumbled to a fresh record low in May as fears of higher prices grow due to the U.S.-Iran war and elevated oil prices.
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Elon Musk\s SpaceX postpones Starship launch
It comes just a day after the firm revealed plans for a record-breaking stock market debut.
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UK-Gulf trade deal a 'monumental achievement,' Bahrain industry minister tells CNBC
Abdulla bin Adel Fakhro said the deal was a win-win for the U.K. and Gulf states.
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