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Consumer prices rose 4.2% annually in May, highest in three years
The consumer price index was expected to show a 4.2% gain from a year ago, according to the Dow Jones consensus estimate.
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Here are Wednesday’s biggest analyst calls: Nvidia, Tesla, Cava, Netflix, Chipotle, Pfizer, Nike, SharkNinja & more
Here are the biggest calls on Wall Street on Wednesday.
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One dead and two missing in missile strike on tanker near Oman
The Palau-flagged Settebello transmitted a distress call on Wednesday reporting a missile strike on its engine room off Sohar in the Gulf of Oman, where local authorities are assisting with crew evacuation, the UK maritime agency reported.
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US strikes tanker near Oman, sparking India protest over missing crew
US Central Command said it fired on the Palau-flagged Settebello after the crew ignored orders, hitting its engine room as the vessel attempted to carry Iranian oil in violation of the US blockade.
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U.S. strikes Iran, SpaceX’s unique IPO, Kalshi’s insider trading fight and more in Morning Squawk
Here are five key things investors need to know to start the trading day.
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Philippines continues rescue effort after powerful Mindanao quake
The Philippines continued rescue operations on 10 June after a magnitude 7.8 earthquake struck Mindanao, killing at least 37 people, injuring nearly 500 and forcing more than 32,000 residents from their homes.
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Germany’s most expensive hotels: luxury nights up to €53,000
In Germany’s most exclusive hotels, a night costs up to 53,000 euros. These seven suites are setting new standards in comfort, service and prestige.
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Philippines: Farmers race to keep up with global ‘ube’ craze
Ube, also called the purple yam, went from a nostalgic treat in the Philippines to an exotic item in cafes around the world. But the popularity means the crop supply is under pressure.
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The most powerful El Nino in a century could be on its way
Warnings of a strong El Nino weather pattern this year suggest that the coming months could be characterized by drought, flooding and extreme heat. What impacts are in store? And can we prepare for the worst of it?
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Neo-Nazi lost in east Germany, but extremism remains threat
A neo-Nazi candidate surprisingly lost by small margin in a local election in the eastern state of Saxony. Many are relieved, yet concern remains.
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