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AP News
US consumer prices jump as Iran war sends energy prices rapidly higher
U.S. consumer prices climbed a sharply again last month as the 10-week war with Iran pushed energy prices higher
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AP News
US consumer prices rise 3.8% as Iran war sends energy prices higher
U.S. consumer prices climbed a sharply again last month as the 10-week war with Iran pushed energy prices higher
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Reuters
US consumer inflation expected to have increased further in April amid Iran war
By Lucia Mutikani WASHINGTON, May 12 (Reuters) - U.S. consumer prices likely rose at a solid pace for a second straight month in April, which would result in the largest annual increase in inflation in more than 2-1/2 years and further bolster expectations the Federal Reserve would keep interest
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Reuters
Morning Bid: 11 weeks and counting
By Mike Dolan May 11 (Reuters) - What matters in U.S. and global markets today By Mike Dolan, Editor-at-Large, Finance and Markets The Iran conflict is entering its 11th week - more than twice the length of time indicated by President Donald Trump when he first ordered strikes on Iran - and there’s
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Reuters
US consumer prices increase further in April
By Lucia Mutikani WASHINGTON, May 12 (Reuters) - U.S. consumer prices rose at a brisk clip for a second straight month in April, resulting in the largest annual increase in inflation in nearly three years and further bolstering expectations the Federal Reserve would keep interest rates unchanged for
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Reuters
World markets feel the strain as US–Iran war grinds on
By Karin Strohecker and Dhara Ranasinghe LONDON, May 12 (Reuters) - From a rout in Asian currencies to the closure of a low budget U.S. airline, the dragging Middle East conflict is starting to bite across the globe and test the resilience of financial markets.
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AP News
The Latest: Hegseth defends $1.5 trillion budget request before Congress as cost of Iran war climbs
Defense Secretary Pete Hegseth told House lawmakers the ceasefire with Iran remains in effect despite recent exchanges of fire as he faces another round of bipartisan questioning over the costs and endgame of the war
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Reuters
Morning Bid: Ceasefire on life support
By Mike Dolan May 12 (Reuters) - What matters in U.S. and global markets today By Mike Dolan, Editor-At-Large, Finance and Markets With the month-old Iran war ceasefire now on “life support”, according to U.S.
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AP News
Hegseth is facing a new round of questioning from Congress on the Iran war and more
Defense Secretary Pete Hegseth will face a new round of questioning from lawmakers over the Iran war
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Reuters
European shares tepid as markets weigh US-Iran deadlock
By Twesha Dikshit May 11 (Reuters) - European shares were muted on Monday, as stalled U.S.-Iran peace negotiations pushed oil prices higher and weighed on risk appetite. The pan-European STOXX 600 was flat at 611.68 points, as of 0805 GMT.
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AP News
Trump and Xi appear intent on keeping deep differences over Iran war from overshadowing China summit
President Donald Trump is set to leave for Beijing for high-stakes talks with President Xi Jinping
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Reuters
Morning Bid: Peace talks stutter
A look at the day ahead in European and global markets from Ankur Banerjee Markets are stuck in a loop of hope and despair as talks to end the war in the Middle East remain deadlocked, with the latest setback sending oil prices higher, fanning inflation worries and underpinning the dollar. U.S.
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