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ENERGYCore inflation prints hot, stocks hold the higher-open line into FridaySep 11, 2026
NVDACoca-Cola's 26% year-to-date gain beats the Magnificent Seven as valuation question sharpensSep 11, 2026
EARNINGSPocket FM revenue run rate doubles to $500M as AI generates 99% of new audio contentSep 11, 2026
DEALSADFJF declares CAD 0.02 semi-annual cash dividend, payable October 15Sep 11, 2026
WORLDChina's global tax campaign may be just getting startedSep 11, 2026
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WORLDFederal prosecutors open criminal probe into Clippers salary-cap deals as NBA fine reaches $30 millionSep 11, 2026
QBTSD-Wave Quantum registers 7.1 million U.S. Commerce Department shares for resaleSep 10, 2026
ENERGYCore inflation prints hot, stocks hold the higher-open line into FridaySep 11, 2026
NVDACoca-Cola's 26% year-to-date gain beats the Magnificent Seven as valuation question sharpensSep 11, 2026
EARNINGSPocket FM revenue run rate doubles to $500M as AI generates 99% of new audio contentSep 11, 2026
DEALSADFJF declares CAD 0.02 semi-annual cash dividend, payable October 15Sep 11, 2026
WORLDChina's global tax campaign may be just getting startedSep 11, 2026
COINHassett kept up to $5 million Coinbase stake as Trump reshaped crypto policySep 11, 2026
WORLDFederal prosecutors open criminal probe into Clippers salary-cap deals as NBA fine reaches $30 millionSep 11, 2026
QBTSD-Wave Quantum registers 7.1 million U.S. Commerce Department shares for resaleSep 10, 2026
News/Markets

U.S. Inflation Hits 4.2% in May, a Three-Year High Driven by Energy Prices

The Consumer Price Index rose at a 4.2% annual rate in May, its highest reading in three years, as a spike in U.S. energy prices pushed headline inflation above the 4% threshold. The energy-led acceleration marks a significant step-up in…

By Warren Ashby·Jun 25, 2026·1 min read·markets
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Source: cbsnews.com
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