Inflation Accelerates to Fastest Pace in 3 Years as Energy Prices Bite
Companies appear hesitant to pass those price increases on to weary consumers, whose wages aren’t keeping up.
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US Inflation Picks Up to Three-Year High
US inflation accelerated in May to the fastest pace in more than three years as the Iran war pushed up energy prices, outstripping Americans’ pay gains. Tiffany Wilding, Economist: North America at PIMCO, reacts to the May CPI report.
Governments Sell Bonds at Record Pace as Spending Soars
Governments are borrowing from syndicated bond markets at a record clip as public spending surges.
China’s exports to the US are surging at a pre-Liberation Day pace, defying Trump’s tariff goals
Chinese exports to the U. S. surged more than 35% from the year before, as analysts say the recent YOY improvement has to do Trump's tariffs.
US Existing-Home Sales Rise to Fastest Pace of the Year
Existing-home sales in the US accelerated to their fastest pace of the year in May, with contract closings rising to an annualized rate of 4. 17 million. Mike McKee reports on "Bloomberg Open Interest.