Inflation Heated Up to 4.2% in May, as Energy Costs Continued to Bite
Consumer prices were up 4.2% in May from a year earlier, the Labor Department said Wednesday, accelerating from 3.8% the previous month.
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Bank of Japan Says Ueda Hospitalized, Will Miss Policy Meeting
Bank of Japan Gov. Kazuo Ueda has been hospitalized and is expected to miss next week's monetary policy meeting, the central bank said Wednesday.
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Three Days of Clashes Show the Iran Conflict Is Entering a Dangerous New Phase
President Trump warned Iran would "pay the price" for not reaching a peace deal, as both sides aim to tread a line between pressure and all-out war.
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Oil Prices Rise. Trump Says Iran Took 'Too Long' to Make a Deal.
President Donald Trump signaled he was losing patience with peace talks in Iran.
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ECB to Keep Guard Up Despite Muted Signs of Inflation Spiral
Alongside an anticipated interest-rate hike on Thursday, the central bank is expected to raise its inflation forecast from March, which assumed a swift end to the war in Iran.
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China's Producer Inflation Gains Pace as Mideast War Fuels Higher Prices
China's factory-gate inflation accelerated in May as the ongoing conflict in the Middle East continued to drive up energy and commodity costs.
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EU's Budget Watchdog Criticizes Energy-Spending Rule Change
A move to exempt government spending on reducing the use of fossil fuels from the bloc's budget rules could be misused and repeat mistakes from the 2022 energy shock.
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North Korea's Uranium Enrichment Capacity Could Soon Expand by 75%, Analysis Says
Kim Jong Un recently inspected a new facility that could dramatically boost Pyongyang's ability to make nuclear bombs.
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Now Is a Good Time to Buy Into America's Mega Utility Merger
The largest U.S. utility is about to buy Dominion Energy, a big peer with data-center exposure. What's not to like?
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Is the Iran War Killing Global Oil Demand-Forever?
Oil analysts are scratching their heads over why prices haven't gone up more because of the Iran war.
(END) Dow Jones Newswires
June 10, 2026 09:00 ET (13:00 GMT)
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