U.S. Consumer Prices Rise 0.5% in May; Annual Inflation Accelerates to 4.2% Ahead of Fed Meeting
CPI rose 0.5% in May and 4.2% year-over-year as gasoline and shelter costs pushed inflation higher just before the Fed's June meeting.
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CPI rose 0.5% in May and 4.2% year-over-year as gasoline and shelter costs pushed inflation higher just before the Fed's June meeting.
May nonfarm payrolls rose 172,000 with strong revisions to March–April, leaving unemployment at 4.3% and complicating the Fed’s June policy outlook.
Public blockchain records show a 500 million USDT transfer from a Binance-labeled wallet to Tether Treasury on June 2, part of a recurring pattern.
On June 6, Whale Alert recorded 1,349,999 SOL (about $84M) moved to an address it labels 'Coinbase Institutional', a transaction traders watch.
In late May, workers won votes and contracts across retail, entertainment, health care, public sector and timber — from REI to Netflix Animation.
ECB will send a sector-wide 'dear CEO' letter urging banks to strengthen operational resilience as AI adoption rises and cyber risks intensify.
A BIS study finds pensions globally have reduced bond holdings and increased mutual funds and alternatives, a shift linked to falling local bond yields.
The SEC proposed on May 29 to rescind its 2024 climate-disclosure rule, shifting the fight from court defense to rulemaking and public comment.
FTC sued Amare Global and three individuals, alleging the MLM falsely promoted supplements as treating depression, anxiety and ADHD in children and misled recruits about earnings.
Andrew Left, founder of Citron Research, was convicted by a federal jury in Los Angeles of securities-fraud charges for trading ahead of market-moving posts.
FTC will let Ascension buy AmSurg only if it sells seven ambulatory surgery centers across five U.S. metro areas to preserve local competition.
Trump issued a proclamation refining Section 232 tariffs on steel, aluminum and copper — lowering domestic-content thresholds and adjusting rates; changes take effect June 8, 2026.
FedEx completed the spin-off of its less-than-truckload freight unit, distributing shares to investors and launching FedEx Freight Holding Co. (FDXF) on the NYSE.
ECB board member Isabel Schnabel warned in Seoul that stablecoins can mirror money-market fund vulnerabilities and urged tighter rules and settlement in central bank money.
On May 31 a pseudonymous Ethereum address supplied about $128.8M in USDC to Aave V3, following a similar $128.6M transfer four days earlier.
The CFTC approved KalshiEX's cash-settled bitcoin perpetual futures contract, the first formal approval for a perp on a CFTC-regulated U.S. exchange.
The SEC proposed formally rescinding its 2024 climate-disclosure rule, opening a 60-day comment period and seeking to erase the standardized climate-reporting framework.
CFTC staff says Deribit perpetuals may qualify as foreign futures and grants Coinbase Financial Markets conditional relief to post customer crypto as margin.
Costco posted fiscal Q3 net sales of $69.154B and net income of $2.192B; digitally enabled sales jumped 21.5% and membership fees reached $1.373B.
STB accepted Union Pacific and Norfolk Southern’s revised merger filing for consideration but put the review and environmental study on hold, seeking more info by July 27.