ECB hikes interest rates for first time since 2023 as Iran war ramps up energy costs

The producer price index was expected to increase 0.7% in May, according to the Dow Jones consensus forecast.

Iran will consider all of Elon Musk's companies in the Middle East as military targets as it retaliates against the U.S., Iranian state media reported.

A large portion of IPO shares will be allocated to retail investors, but they face penalties if they sell too soon.