NY Times Business
The Personal Consumption Expenditures price index rose 3.8 percent in April from the same time last year.
MarketWatch
Americans get less bang for their bucks
Bloomberg Markets
The US and Iran traded fresh strikes. Oil prices climbed on fears of escalation and mixed signals on the status of peace talks. Meanwhile, software-maker Snowflake soared postmarket after signing a $6 billion chip and cloud deal with Amazon.
Today's guests: Greg Peters, PGIM Credit Co-CIO; Elizabeth Weymouth, Grafine Partners Founder and Managing Partner; Lorenzo Bini Smaghi, Former Societe Generale Chairman; Katie Gaddini, UCL Associate Professor and Janet Truncale, EY CEO
---
"The Pulse With
Yahoo Finance
MarketWatch
The main inflation barometer preferred by Federal Reserve rose to a three-year high in April and it could rise even higher, posing a stiff challenge for households, businesses and the broader U.S. economy.