Eurozone Economy Shrank in First Quarter as Iran War Darkens Outlook Ahead
GDP in the currency area fell 0.2% in the first three months of 2026, driven by output declines in Ireland and France.
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Stock Futures Dip as Investors Await Jobs Report
U.S. stock futures were lower ahead of the U.S. nonfarm payrolls report for May, which is expected to show 80,000 new jobs, down from 115,000 the month before.
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Oil Prices Slip as Iran Peace Hopes Outweigh Hormuz Fears Despite Israel, Hezbollah Strikes
Brent crude and WTI prices were shrugging off fighting in Lebanon as the market concentrates on the U.S.-Iran peace talks.
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BOE Survey Finds Businesses Expect to Raise Prices at Faster Rate
U.K. businesses polled in May expected to raise their prices at a faster rate, but wage increases were seen slowing, according to a Bank of England survey released Friday.
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Food Prices Mostly Stable in May But Middle East Conflict Threatens Broader Shock, UN Says
Supply disruptions in the Middle East and rising fertilizer costs pose a growing threat to global food markets.
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U.S. Officials Discuss Taking Financial Stakes in AI Industry
The talks have been with artificial-intelligence leaders such as OpenAI CEO Sam Altman, who pitched the idea.
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Fitch Cuts Global Growth Outlook in Latest Downgrade to Capture Mideast Impact
The oil shock triggered by the U.S.-Iran conflict has damaged the global economy's prospects, Fitch Ratings warned.
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India's Central Bank Holds Rates as Iran Crisis Keeps Risks High
The Reserve Bank of India held interest rates steady at 5.25% but lowered its growth forecasts and increased its inflation projections.
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Japan Prime Minister Says Will Defend Yen by Strengthening Economy
Despite recent foreign-exchange intervention, the Japanese currency has weakened again to near the 160 threshold against the dollar, a level seen as a potential trigger for more government action.
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There's More to Space Stocks Than SpaceX
Rocket Lab gives investors another way to play the space race.
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The Anything-Goes Era in Private-Credit Lending Is Coming to an End
Under pressure from investors, lenders are increasing costs and curbing sweeteners they used to win loans in an era of ultra-competition.
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The IPO Market Is So Hot a 140-Year-Old Silver Mine Just Went Public
Billionaire Thomas Kaplan bought the bankrupt Idaho mine in 2010 and plans to restart production in 2028.
(END) Dow Jones Newswires
June 05, 2026 07:00 ET (11:00 GMT)
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