The May inflation numbers are due out Wednesday morning. Here's what to expect
If the Wall Street consensus is correct, the consumer price index is expected to show inflation running at a 4.2% annual rate.
Markets, business, finance, and economic trends.
If the Wall Street consensus is correct, the consumer price index is expected to show inflation running at a 4.2% annual rate.
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Speaker Mike Johnson (R-La.) will head to the White House for a meeting Tuesday, an aide familiar confirmed, as a key spy powers tool’s expiration looms and the House GOP ramps up ambitious plans for a third party-line budget bill. Mick Mulvaney, who served as director of the Office of Management and Budget and as acting chief of staff in Trump’s first term, joined Balance of Power to discuss. (Source: Bloomberg)
A spokesperson for the company said that the product is the fastest growing in the prediction market platform's history.

Looking for today's NYT Connections hints? Some help and the answers for today's game are right here to help keep your streak alive.

Magna International CEO urges the auto industry to become more flexible and more quickly.

Songyee Yoon is the founder and managing partner of Principal Ventures Partners, a Silicon Valley-based early-stage venture firm focused on AI-native companies, and she serves on the advisory council for the Institute for Human-Centered AI at Stanford University. She joins Caroline Hyde on "Bloomberg Tech" to discuss where she sees opportunities at a time of mega AI IPOs and why she thinks "there is still a lot of innovation ahead." (Source: Bloomberg)

As automakers make quick pivots to product plans as consumer tastes and policies change, the Magna CEO has firm requests for manufacturers and investors.

Here are the best ways to stay healthy and safe during the 2026 FIFA World Cup, according to an ER doctor.
Social Security, which provides benefits to more than 70 million retired workers and people with disabilities, faces increased pressure from last year’s One Big Beautiful Bill Act.

The Canadian dollar slid to its lowest level since December on Tuesday, as traders anticipated the Bank of Canada will be slower than its global peers to raise interest rates.
Experts point to three main reasons for the relatively steady prices but caution that a reckoning is not too far off.