U.S. World Business Lifestyle
Today: June 04, 2026
Today: June 04, 2026

inflation

Business|Economy|Finance|World

Fed's Schmid says choice is between patience and rate hikes to tamp down inflation

Kansas City Fed president Jeffrey Schmid said Thursday that the U.S. central bank's choice now is between being patient and holding interest rates

Fed's Schmid says choice is between patience and rate hikes to tamp down inflation
Business|Economy|Finance|US

Average US long-term mortgage rate falls to 6.48%, retreating from its highest level in 9 months

The average long-term U.S. mortgage rate eased this week from its highest level in nine months, welcome relief for prospective homebuyers

Average US long-term mortgage rate falls to 6.48%, retreating from its highest level in 9 months
Business|Economy|Finance|World

Foreign investors pivot to short India debt ahead of policy turn

Overseas investors are opting for short-term Indian government bonds as they find attractive entry points amid expectations of the interest rates cycle

Foreign investors pivot to short India debt ahead of policy turn
Australia|Business|Economy|Finance|Stock Markets|World

Australia's central bank monitoring impact of higher rates, energy price shock

Australia's central bank is closely monitoring economic conditions to assess how higher interest rates and the global energy price shock are playing out, its top central

Australia's central bank monitoring impact of higher rates, energy price shock
Business|Economy|Finance|Stock Markets|US|World

Fed's Logan says a rate hike may be needed to beat inflation

Dallas Federal Reserve President Lorie Logan on Wednesday said signs of robust economic growth and corporate earnings "going gangbusters" are helping to make her

Fed's Logan says a rate hike may be needed to beat inflation
Business|Economy|Finance|World

Canada's services PMI edges up to 18-month high, operating costs accelerate 

Canada's services economy expanded at a modest pace in May as the Middle East conflict raised economic uncertainty and higher fuel prices contributed to the

Canada's services PMI edges up to 18-month high, operating costs accelerate 
Business|Economy|Finance|Stock Markets|US|World

US services sector expands in May; supply constraints raise prices

U.S. services sector activity picked up in May as businesses preemptively placed orders and replenished inventories in anticipation of shortages and

US services sector expands in May; supply constraints raise prices
Business|Economy|Finance|World

US service sector growth picks up in May; businesses face higher prices for inputs

U.S. services sector activity picked up in May as businesses preemptively placed orders and rebuilt inventories in anticipation of shortages and higher prices because of

US service sector growth picks up in May; businesses face higher prices for inputs
Business|Economy|Europe|World

Euro zone business wilts in May as war-driven inflation surges, pointing to Q2 GDP contraction

Euro zone private sector activity shrank at the fastest rate in 18 months in May as waning demand for goods and services — a key gauge of economic health — dragged output

Euro zone business wilts in May as war-driven inflation surges, pointing to Q2 GDP contraction
Australia|Business|Economy|World

Australia Q1 economic growth slows on trade drag, consumers struggle

Australia's economy slowed in the March quarter as strength in business investment was offset by a drag from trade, data showed on Wednesday, while higher

Australia Q1 economic growth slows on trade drag, consumers struggle
Business|Economy|Finance|World

Iran war puts RBI in razor-edge policy bind over inflation, growth and rupee

India's central bank faces one of the toughest interest rate calls in recent memory this week, as the Middle East energy shock, a slumping currency and a

Iran war puts RBI in razor-edge policy bind over inflation, growth and rupee
Business|Economy|Environment|Finance|Technology

US PJM proposes raising minimum capitalization to $2 million for market participants

U.S. grid operator PJM Interconnection on Monday said it has proposed raising its minimum capitalization threshold to $2 million for wholesale electricity market participants to

US PJM proposes raising minimum capitalization to $2 million for market participants
Business|Economy|Finance|Stock Markets|US|World

US construction spending beats expectations in April

U.S. construction spending increased more than expected in April, boosted by single-family homebuilding, though rising mortgage rates amid the war with Iran continued to

US construction spending beats expectations in April
Business|Economy|Europe|MidEast|World

Factories face soaring costs as Iran war causes supply shocks

The economic shock from the Iran war hit European factories last month, suppressing demand for their

Factories face soaring costs as Iran war causes supply shocks
Business|Economy|Europe|World

Euro zone factory growth slowed in May as input costs hit four-year high, PMI shows

Growth in euro zone manufacturing lost momentum in May as demand for goods stagnated and supply-chain disruptions linked to the Middle East war pushed input costs to their

Euro zone factory growth slowed in May as input costs hit four-year high, PMI shows
Business|Economy|Europe|Finance|World

UK manufacturers raise prices at fastest pace in nearly 4 years, PMI shows

British manufacturers raised their prices at the fastest rate since June 2022 last month in response to a big increase in costs as the Iran war disrupts supply chains,

UK manufacturers raise prices at fastest pace in nearly 4 years, PMI shows
Business|Economy|Europe|World

Spain's manufacturing growth slows as supply delays intensify, PMI shows

Spain's manufacturing sector expanded modestly in May, at a slightly slower pace than in April, as disruptions linked to the Middle East conflict worsened supply delays,

Spain's manufacturing growth slows as supply delays intensify, PMI shows
Business|Economy|Political|World

Inflation fight again putting central bank independence under strain, policymakers say

Central bank independence is again coming under pressure as policymakers push through unpopular measures to curb surging prices, prompting

Inflation fight again putting central bank independence under strain, policymakers say
Economy|Food|Political|World

Trump claims he's making food more affordable but his examples ignore the big picture

In a Truth Social post on Wednesday, the president proclaimed “TRUMP’S MAKING FOOD AFFORDABLE,” and cited falling prices for a range of groceries, including avocados, fresh berries, and a variety of pantry staples

Trump claims he's making food more affordable but his examples ignore the big picture
Business|Economy|Environment|Food|Lifestyle|US|World

Tomatoes become latest symbol of America’s affordability squeeze

Prices for tomatoes are up 40% over the past year, the biggest increase tracked among products in the Consumer Price Index

Tomatoes become latest symbol of America’s affordability squeeze
Business|Economy|Finance|Stock Markets|US|World

Fed's Bowman says extended energy shock could drive shift in policy outlook

By Michael S.

Fed's Bowman says extended energy shock could drive shift in policy outlook
Business|Economy|Finance|Stock Markets

Deal or no deal

Everything Mike Dolan and the ROI team are excited to read, watch and listen to over the weekend. From the Editor Hello Morning Bid readers!

Deal or no deal
Business|Economy|Europe|Finance|MidEast|Stock Markets|World

Global bonds take wild ride in May as Iran war shocks market

The Iran war rocked global bond markets again in May, sending yields to multi-decade highs as traders priced in central bank rate hikes

Global bonds take wild ride in May as Iran war shocks market
Business|Economy|Finance|Travel

Costlier flights, hotels divide US summer travel into haves and have-nots

Rising airfares and hotel rates are making budget-conscious Americans delay or cancel summer trips while wealthy travelers are holding fast to

Costlier flights, hotels divide US summer travel into haves and have-nots