Inflation Rose to 2.4% in May, in Line With Expectations
Consumer prices were up 2.4% in May from a year earlier, the Labor Department said Wednesday, hotter than April gain of 2.3%.
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Stock Futures Rise as the Inflation Rate Edged Up in May
Stock futures rose after the consumer-price index for May met economists' expectations.
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ECB's Rate Cut Helps Ensure Inflation Won't Settle Below Target, Lane Says
The European Central Bank last week lowered its key interest rate after figures showed the annual rate of inflation fell to 1.9% in May.
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U.S. and China Agree to Get Geneva Pact Back on Track
The negotiators didn't disclose exactly what they had agreed to as part of the framework, which could lead to continued uncertainty over the trade truce.
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Chinese Auto Stocks Rise After Vow to Pay Suppliers on Time
Carmakers pledged to shorten payment terms for suppliers amid an intensifying price war in the world's largest auto market.
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Is the Immigration Crackdown Already Showing Up in the Labor Market?
There are hints that the number of migrants in the U.S. labor force is already declining. It will take time, though, for the full effects to show up.
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Appeals Court Keeps Trump's Sweeping Tariffs in Place for Now
The court will hear fast-track oral arguments this summer.
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The 10-Year Auction and Inflation Data Could Jolt the Bond Market
Bond yields and prices have been in a holding pattern in recent days. That could change.
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While Senate Considers Genius Act, Russian Is Charged With Stablecoin Laundering
Prosecutors allege $530 million moved into the U.S. banking system, including from sanctioned Russian banks.
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Stocks Can Break Record Highs if These Things Go Right. That's a Big If.
An extension of the 2017 tax cuts, trade deals, and rate cuts would all send stocks to record highs, says Bellwether Wealth. It's a big ask, however.
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World Bank Sees U.S. Growth Rate Halving as Tariffs Slow Global Economy
The world's largest economy is expected to grow by just 1.4% in 2025, a sharp deceleration from the 2.8% expansion recorded in 2024.
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Moody's Sounds Alarm on Private Funds for Individuals
Chasing retail money could pose risks to investors, private funds and the financial system, Moody's said.
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America's Small Businesses Hopeful of Boost From Trump's Spending Bill
Main Street businesses are feeling less worried about their prospects, a survey showed, as tariff concerns lessen and the megabill lifts sentiment.
(END) Dow Jones Newswires
June 11, 2025 09:00 ET (13:00 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.
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