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Business

Markets, economy, labor, housing, trade

apnews.com

Inflation Reaches Three-Year High Due to Rising Gas Prices

Inflation in the U.S. hit a three-year high of 4.2% in May, largely due to rising gas prices. Core prices increased at a slower rate, and while gas prices have recently fallen, the Federal Reserve is reconsidering its interest rate strategy in response to these economic conditions.

Bias: 45 Sentiment: -0.10
cnbc.com

Consumer Prices Increased 4.2% Annually in May, Highest Rate in Three Years

In May, the U.S. consumer price index rose 4.2% annually, the highest rate in three years, driven by increased energy costs. The core CPI, excluding food and energy, increased by 2.9% year-over-year. The Federal Reserve is expected to hold interest rates steady in their upcoming meeting.

Bias: 45 Sentiment: -0.10
Daily Wire

Concerns Raised About MARTA Safety Ahead of FIFA World Cup 2026 in Atlanta

As the FIFA World Cup 2026 approaches, MARTA riders in Atlanta have voiced concerns about safety following recent violent incidents. Passengers report feeling unsafe due to crime and lack of security, while officials acknowledge significant fare evasion losses. Federal data indicates that MARTA's violent incidents are notably higher than the national average for public transit.

Bias: 33 Sentiment: -0.30
Washington Examiner

Ro Khanna Comments on Graham Platner's Senate Nomination in Maine

Ro Khanna commented on Graham Platner's victory in the Democratic primary for the Senate in Maine, indicating that voters are giving him a chance to redeem himself after past controversies. Platner will face Senator Susan Collins in the general election on November 3, amid scrutiny over allegations related to his past.

Bias: 33 Sentiment: +0.00
The Hill

Annual Inflation Rate Reaches 4.2 Percent in May

In May 2026, the annual inflation rate rose to 4.2 percent, the highest level in three years. The increase is linked to rising costs of energy and various goods, according to the Department of Labor.

Bias: 4 Sentiment: -0.10
Axios

Impact of Iran Conflict on Global Energy Markets

The conflict in Iran is affecting global energy markets, with a projected decline in oil consumption and an increase in coal usage in the Asia-Pacific region. The U.S. Energy Information Administration forecasts a drop in global oil use by 1.1 million barrels per day this year, while U.S. production is expected to rise. UN climate officials are advocating for more aggressive climate initiatives in response to the crisis.

Bias: 18 Sentiment: +0.00
Guardian — US

US Inflation Reaches 4.2% in May, Marking Third Consecutive Monthly Increase

In May 2026, US inflation increased to 4.2%, the highest rate in three years and the third consecutive monthly rise since the start of the Iran war. Inflation was 2.4% before the conflict began, with notable impacts on energy prices due to the closure of the Strait of Hormuz.

Bias: 36 Sentiment: -0.10
Washington Post — Business

Inflation Reaches 4 Percent in May, Highest in Three Years

Inflation rose to 4 percent in May, the highest level in three years, primarily due to increasing gas prices linked to the war in Iran. This marks a significant economic development as inflationary pressures continue to evolve.

Bias: 36 Sentiment: -0.10
Daily Wire

Netflix Film Chairman Discusses Focus on Non-Theatrical Releases

Dan Lin, chairman of Netflix's film division, indicated that the company will not work with directors focused on theatrical releases, citing a preference for non-theatrical projects. This statement follows the failed merger with Warner Bros., raising concerns about the future of theatrical releases. Netflix's CEO previously affirmed the company's commitment to maintaining a competitive theatrical distribution model.

Bias: 65 Sentiment: +0.00
The Hill

Brazil's Economic Dependence on China Increases

Brazil's President Lula is attempting to lessen the country's dependence on the US dollar and the United States, leading to an increased reliance on China. This change in economic policy has implications for Brazil's trade relationships.

Bias: 36 Sentiment: +0.00
The Daily Beast

Jeffrey Epstein's Assistant Discusses Arranging Calls with Donald Trump

Lesley Groff, a former assistant to Jeffrey Epstein, revealed that she arranged phone calls between Epstein and Donald Trump before Trump's presidency during a House Oversight Committee interview. While Trump maintains he severed ties with Epstein, Groff's claims have been met with skepticism, and she has distanced herself from Epstein's criminal activities.

Bias: 65 Sentiment: +0.00
finance.yahoo.com

Governments Increase Bond Issuance Amid Rising Public Spending

Governments have sold a record $504 billion in bonds this year, driven by increased public spending and rising budget deficits. Italy leads in sovereign syndications, while demand for bonds remains strong despite uncertain interest rate forecasts. The increase in issuance is largely due to maturing bonds from the pandemic period.

Bias: 4 Sentiment: +0.00
Guardian — US

Campaigns Influence US Judges' Perspectives on Climate Litigation

US Energy Secretary Chris Wright has been linked to seminars for judges during his time as a fracking executive. Amid lawsuits against oil companies for alleged product risks, rightwing groups claim that environmental lawyers are biasing judges, while a law firm counters that fossil fuel interests are the ones attempting to sway judicial perspectives.

Bias: 65 Sentiment: +0.00