U.S. World Business Lifestyle
Today: June 10, 2026
Today: June 10, 2026

inflation

Business|Economy|Finance|World

Canada's services PMI edges up to 18-month high, operating costs accelerate 

Canada's services economy expanded at a modest pace in May as the Middle East conflict raised economic uncertainty and higher fuel prices contributed to the

Canada's services PMI edges up to 18-month high, operating costs accelerate 
Business|Economy|Finance|Stock Markets|US|World

US services sector expands in May; supply constraints raise prices

U.S. services sector activity picked up in May as businesses preemptively placed orders and replenished inventories in anticipation of shortages and

US services sector expands in May; supply constraints raise prices
Business|Economy|Finance|World

US service sector growth picks up in May; businesses face higher prices for inputs

U.S. services sector activity picked up in May as businesses preemptively placed orders and rebuilt inventories in anticipation of shortages and higher prices because of

US service sector growth picks up in May; businesses face higher prices for inputs
Business|Economy|Europe|World

Euro zone business wilts in May as war-driven inflation surges, pointing to Q2 GDP contraction

Euro zone private sector activity shrank at the fastest rate in 18 months in May as waning demand for goods and services — a key gauge of economic health — dragged output

Euro zone business wilts in May as war-driven inflation surges, pointing to Q2 GDP contraction
Australia|Business|Economy|World

Australia Q1 economic growth slows on trade drag, consumers struggle

Australia's economy slowed in the March quarter as strength in business investment was offset by a drag from trade, data showed on Wednesday, while higher

Australia Q1 economic growth slows on trade drag, consumers struggle
Business|Economy|Finance|World

Iran war puts RBI in razor-edge policy bind over inflation, growth and rupee

India's central bank faces one of the toughest interest rate calls in recent memory this week, as the Middle East energy shock, a slumping currency and a

Iran war puts RBI in razor-edge policy bind over inflation, growth and rupee
Business|Economy|Environment|Finance|Technology

US PJM proposes raising minimum capitalization to $2 million for market participants

U.S. grid operator PJM Interconnection on Monday said it has proposed raising its minimum capitalization threshold to $2 million for wholesale electricity market participants to

US PJM proposes raising minimum capitalization to $2 million for market participants
Business|Economy|Finance|Stock Markets|US|World

US construction spending beats expectations in April

U.S. construction spending increased more than expected in April, boosted by single-family homebuilding, though rising mortgage rates amid the war with Iran continued to

US construction spending beats expectations in April
Business|Economy|Europe|MidEast|World

Factories face soaring costs as Iran war causes supply shocks

The economic shock from the Iran war hit European factories last month, suppressing demand for their

Factories face soaring costs as Iran war causes supply shocks
Business|Economy|Europe|World

Euro zone factory growth slowed in May as input costs hit four-year high, PMI shows

Growth in euro zone manufacturing lost momentum in May as demand for goods stagnated and supply-chain disruptions linked to the Middle East war pushed input costs to their

Euro zone factory growth slowed in May as input costs hit four-year high, PMI shows
Business|Economy|Europe|Finance|World

UK manufacturers raise prices at fastest pace in nearly 4 years, PMI shows

British manufacturers raised their prices at the fastest rate since June 2022 last month in response to a big increase in costs as the Iran war disrupts supply chains,

UK manufacturers raise prices at fastest pace in nearly 4 years, PMI shows
Business|Economy|Europe|World

Spain's manufacturing growth slows as supply delays intensify, PMI shows

Spain's manufacturing sector expanded modestly in May, at a slightly slower pace than in April, as disruptions linked to the Middle East conflict worsened supply delays,

Spain's manufacturing growth slows as supply delays intensify, PMI shows
Business|Economy|Political|World

Inflation fight again putting central bank independence under strain, policymakers say

Central bank independence is again coming under pressure as policymakers push through unpopular measures to curb surging prices, prompting

Inflation fight again putting central bank independence under strain, policymakers say
Economy|Food|Political|World

Trump claims he's making food more affordable but his examples ignore the big picture

In a Truth Social post on Wednesday, the president proclaimed “TRUMP’S MAKING FOOD AFFORDABLE,” and cited falling prices for a range of groceries, including avocados, fresh berries, and a variety of pantry staples

Trump claims he's making food more affordable but his examples ignore the big picture
Business|Economy|Environment|Food|Lifestyle|US|World

Tomatoes become latest symbol of America’s affordability squeeze

Prices for tomatoes are up 40% over the past year, the biggest increase tracked among products in the Consumer Price Index

Tomatoes become latest symbol of America’s affordability squeeze
Business|Economy|Finance|Stock Markets|US|World

Fed's Bowman says extended energy shock could drive shift in policy outlook

By Michael S.

Fed's Bowman says extended energy shock could drive shift in policy outlook
Business|Economy|Finance|Stock Markets

Deal or no deal

Everything Mike Dolan and the ROI team are excited to read, watch and listen to over the weekend. From the Editor Hello Morning Bid readers!

Deal or no deal
Business|Economy|Europe|Finance|MidEast|Stock Markets|World

Global bonds take wild ride in May as Iran war shocks market

The Iran war rocked global bond markets again in May, sending yields to multi-decade highs as traders priced in central bank rate hikes

Global bonds take wild ride in May as Iran war shocks market
Business|Economy|Finance|Travel

Costlier flights, hotels divide US summer travel into haves and have-nots

Rising airfares and hotel rates are making budget-conscious Americans delay or cancel summer trips while wealthy travelers are holding fast to

Costlier flights, hotels divide US summer travel into haves and have-nots
Business|Economy|Finance|Stock Markets|World

Three months, and counting

What matters in U.S. and global markets today By Mike Dolan, Editor-at-Large, Finance and Markets It’s now a full three months into the Iran war, and the United States

Three months, and counting
Business|Economy|Finance|Stock Markets|US

Key inflation gauge worsens as Americans' income and spending power erodes

A key inflation gauge accelerated in April to the highest level in three years, the latest sign that spiking gas prices and higher food costs are squeezing Americans’ finances

Key inflation gauge worsens as Americans' income and spending power erodes
Business|Economy|Environment|Finance|Science|Technology|World

It’s not just high gas prices – inflation is now spreading through the US economy

A key challenge for the Federal Reserve is that higher gas prices are inflationary, but they also reduce households’ spending power and dampen growth.

It’s not just high gas prices – inflation is now spreading through the US economy
Business|Economy|Finance|Stock Markets|World

Japan banks battle to secure deposits as savers chase market highs

Japanese banks are, in a historic shift, competing to shore up their deposit base as lending opportunities grow and consumers, seeking to

Japan banks battle to secure deposits as savers chase market highs
Business|Economy|Finance|Stock Markets|US|World

US dollar weakens on reports of ceasefire deal between US and Iran

The U.S. dollar fell against major currencies on Thursday after reports the U.S. and Iran had reached an agreement to extend a ceasefire, though several similar

US dollar weakens on reports of ceasefire deal between US and Iran
Business|Economy|Europe|Finance|Stock Markets|World

ECB chief economist sees persistent impact on inflation from Iran war

The energy shock caused by the Middle East conflict will likely have a persistent impact on inflation even if there is a quick solution to the war, the

ECB chief economist sees persistent impact on inflation from Iran war
Business|Economy|Finance|World

NZ shuns 'sugar hits' in budget, slashes growth forecast as Iran war jolts economy

New Zealand on Thursday unveiled a budget with few voter incentives ahead of what is shaping up to be a tightly contested election later

NZ shuns 'sugar hits' in budget, slashes growth forecast as Iran war jolts economy
Business|Economy|Health|World

NY Fed finds 'remarkable increase' in food insecurity for many Americans

By Michael S.

NY Fed finds 'remarkable increase' in food insecurity for many Americans
Business|Economy|Finance|Stock Markets|World

S&P 500 forecast to end year slightly higher even as war drags on

The benchmark Standard & Poor's 500 index will end 2026 slightly higher than its current record levels, according to a Reuters poll of stock

S&P 500 forecast to end year slightly higher even as war drags on
Business|Economy|Europe|World

German economic council cuts growth forecast as energy prices bite

The German Council of Economic Experts cut its growth forecast for Europe's largest economy on Wednesday, citing the impact of the Middle East conflict,

German economic council cuts growth forecast as energy prices bite
Business|Economy|Finance|World

Investors expect US dollar to break higher as Fed battles inflation

The U.S. dollar, long stuck in a tight trading range, could be in for a break higher as the Federal Reserve shifts its focus to fighting worrisome signs that inflation is

Investors expect US dollar to break higher as Fed battles inflation
Business|Economy|Finance|Stock Markets|US|World

Major brokerages' forecasts for S&P 500, global GDP growth in 2026

Top brokerages expect the benchmark S&P 500 index to extend its rally in 2026, even as the months-long Middle East conflict disrupts global energy flows and drives inflation higher.

Major brokerages' forecasts for S&P 500, global GDP growth in 2026
Economy|World

Supply shock, debt may hurt central bank independence, ex-Fed executive says

Pressures on central bank independence are likely to grow as public dissatisfaction over supply-shock-driven inflation may tempt politicians to assign blame

Supply shock, debt may hurt central bank independence, ex-Fed executive says
Business|Economy|World

Thai housing demand recovering but outlook clouded by energy shock risks

(Fixes typo in lead paragraph to 'lender,' not 'leader.')

Thai housing demand recovering but outlook clouded by energy shock risks
Business|Economy|Technology|World

Japan's Nikkei to set record 69,000 in 2027 as blistering rally outpaces peers: Reuters poll

AI exuberance and robust earnings will continue to power Japan's Nikkei to record highs, even as its blistering rally makes it hard for forecasters to keep

Japan's Nikkei to set record 69,000 in 2027 as blistering rally outpaces peers: Reuters poll
Arts|Business|Entertainment|Food|Lifestyle

BTS is releasing limited edition hotteok-flavored Oreos

BTS is releasing limited edition hotteok-flavored Oreos

BTS is releasing limited edition hotteok-flavored Oreos
Business|Economy|Finance|Stock Markets|World

Near record highs, stocks face fresh test from bond yields

Near record highs, stocks face fresh test from bond yields

Near record highs, stocks face fresh test from bond yields
Business|Economy|Europe|Finance|Political|World

ECB should raise rates in June, even if Iran peace deal is struck, Schnabel says

The ECB should raise interest rates in June, even if ongoing peace talks with Iran yield a deal, as the conflict has been far longer

ECB should raise rates in June, even if Iran peace deal is struck, Schnabel says
Business|Economy|World

ADB to provide $5 billion to Bangladesh as economic pressures mount

The Asian Development Bank (ADB) will provide Bangladesh with $5 billion in support over the next five years, the lender said on Monday, as the country faces mounting

ADB to provide $5 billion to Bangladesh as economic pressures mount
Business|Economy|Lifestyle|Travel|US

Gas and airfare prices have jumped. Americans are traveling this weekend anyway

Gas and airfare prices have jumped. Americans are traveling this weekend anyway

Gas and airfare prices have jumped. Americans are traveling this weekend anyway
Economy|World

Kevin Warsh sworn in as Fed chair at pivotal moment for US economy

Kevin Warsh sworn in as Fed chair at pivotal moment for US economy

Kevin Warsh sworn in as Fed chair at pivotal moment for US economy
Business|Economy|US|World

High gas prices, cost of living send US consumer sentiment to all-time low

High gas prices, cost of living send US consumer sentiment to all-time low

High gas prices, cost of living send US consumer sentiment to all-time low
Business|Economy|Europe|Finance|Stock Markets|US|World

Fed's Waller's ready to axe 'easing bias,' says rate-cut talk now is 'crazy'

Federal Reserve Governor Christopher Waller, an influential voice in policymaking who until recently had advocated for lower

Fed's Waller's ready to axe 'easing bias,' says rate-cut talk now is 'crazy'
Business|Economy|Finance|Stock Markets|World

Global equity fund investors halt eight-week buying streak as bond yields rise

Global equity funds recorded the first weekly outflow in nine weeks in the week through May 20, as investors turned cautious over inflation and a rise in long-term borrowing costs

Global equity fund investors halt eight-week buying streak as bond yields rise
Economy|Europe|Political|World

EU in stagflationary trend, must not risk fiscal crisis, ministers say

Europe's economy is in a stagflationary trend due to the surge in energy prices caused by the Iran war, but governments must be

EU in stagflationary trend, must not risk fiscal crisis, ministers say
Economy|Europe|Finance|World

Pound softens as UK consumers cut spending, public finances worsen

The pound edged lower on Friday as uncertainty over the status of peace talks between the U.S. and Iran prompted investors to buy the dollar and after UK

Pound softens as UK consumers cut spending, public finances worsen
Business|Economy|Finance|World

When does this end?

World markets remain at the mercy of diplomacy as the Iran war approaches the end of its third month with no clear resolution in sight.

When does this end?
Business|Economy|Finance|World

Japan will avoid over-reliance on debt for extra budget, finance minister says

Japanese Finance Minister Satsuki Katayama said on Friday the government will seek to avoid overly relying on new debt issuance if it were to compile an extra

Japan will avoid over-reliance on debt for extra budget, finance minister says
Business|Economy|Finance|World

Britons hold their nerve but turn warier about big spending plans, GfK says

British consumers have turned a little less downbeat this month but are the least willing to make big purchases in almost a year and a half, underscoring the fragile mood

Britons hold their nerve but turn warier about big spending plans, GfK says
Business|Economy|Finance|Stock Markets|US

Kroger plans price cuts as new CEO looks to regain shoppers

Kroger is preparing to cut prices on thousands of items as new CEO Greg Foran pushes to regain market share from rivals including Walmart, Costco and Aldi.

Kroger plans price cuts as new CEO looks to regain shoppers