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Today: May 29, 2026
Today: May 29, 2026

inflation

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
Business|Economy|Finance|Stock Markets|World

Three months, and counting

What matters in U.S. and global markets today By Mike Dolan, Editor-at-Large, Finance and Markets It’s now a full three months into the Iran war, and the United States

Three months, and counting
Business|Economy|Finance|Stock Markets|US

Key inflation gauge worsens as Americans' income and spending power erodes

A key inflation gauge accelerated in April to the highest level in three years, the latest sign that spiking gas prices and higher food costs are squeezing Americans’ finances

Key inflation gauge worsens as Americans' income and spending power erodes
Business|Economy|Environment|Finance|Science|Technology|World

It’s not just high gas prices – inflation is now spreading through the US economy

A key challenge for the Federal Reserve is that higher gas prices are inflationary, but they also reduce households’ spending power and dampen growth.

It’s not just high gas prices – inflation is now spreading through the US economy
Business|Economy|Finance|Stock Markets|World

Japan banks battle to secure deposits as savers chase market highs

Japanese banks are, in a historic shift, competing to shore up their deposit base as lending opportunities grow and consumers, seeking to

Japan banks battle to secure deposits as savers chase market highs
Business|Economy|Finance|Stock Markets|US|World

US dollar weakens on reports of ceasefire deal between US and Iran

The U.S. dollar fell against major currencies on Thursday after reports the U.S. and Iran had reached an agreement to extend a ceasefire, though several similar

US dollar weakens on reports of ceasefire deal between US and Iran
Business|Economy|Europe|Finance|Stock Markets|World

ECB chief economist sees persistent impact on inflation from Iran war

The energy shock caused by the Middle East conflict will likely have a persistent impact on inflation even if there is a quick solution to the war, the

ECB chief economist sees persistent impact on inflation from Iran war
Business|Economy|Finance|World

NZ shuns 'sugar hits' in budget, slashes growth forecast as Iran war jolts economy

New Zealand on Thursday unveiled a budget with few voter incentives ahead of what is shaping up to be a tightly contested election later

NZ shuns 'sugar hits' in budget, slashes growth forecast as Iran war jolts economy
Business|Economy|Health|World

NY Fed finds 'remarkable increase' in food insecurity for many Americans

By Michael S.

NY Fed finds 'remarkable increase' in food insecurity for many Americans
Business|Economy|Finance|Stock Markets|World

S&P 500 forecast to end year slightly higher even as war drags on

The benchmark Standard & Poor's 500 index will end 2026 slightly higher than its current record levels, according to a Reuters poll of stock

S&P 500 forecast to end year slightly higher even as war drags on
Business|Economy|Europe|World

German economic council cuts growth forecast as energy prices bite

The German Council of Economic Experts cut its growth forecast for Europe's largest economy on Wednesday, citing the impact of the Middle East conflict,

German economic council cuts growth forecast as energy prices bite
Business|Economy|Finance|World

Investors expect US dollar to break higher as Fed battles inflation

The U.S. dollar, long stuck in a tight trading range, could be in for a break higher as the Federal Reserve shifts its focus to fighting worrisome signs that inflation is

Investors expect US dollar to break higher as Fed battles inflation
Economy|World

Supply shock, debt may hurt central bank independence, ex-Fed executive says

Pressures on central bank independence are likely to grow as public dissatisfaction over supply-shock-driven inflation may tempt politicians to assign blame

Supply shock, debt may hurt central bank independence, ex-Fed executive says
Business|Economy|World

Thai housing demand recovering but outlook clouded by energy shock risks

(Fixes typo in lead paragraph to 'lender,' not 'leader.')

Thai housing demand recovering but outlook clouded by energy shock risks
Business|Economy|Technology|World

Japan's Nikkei to set record 69,000 in 2027 as blistering rally outpaces peers: Reuters poll

AI exuberance and robust earnings will continue to power Japan's Nikkei to record highs, even as its blistering rally makes it hard for forecasters to keep

Japan's Nikkei to set record 69,000 in 2027 as blistering rally outpaces peers: Reuters poll
Arts|Business|Entertainment|Food|Lifestyle

BTS is releasing limited edition hotteok-flavored Oreos

BTS is releasing limited edition hotteok-flavored Oreos

BTS is releasing limited edition hotteok-flavored Oreos
Business|Economy|Finance|Stock Markets|World

Near record highs, stocks face fresh test from bond yields

Near record highs, stocks face fresh test from bond yields

Near record highs, stocks face fresh test from bond yields
Business|Economy|Europe|Finance|Political|World

ECB should raise rates in June, even if Iran peace deal is struck, Schnabel says

The ECB should raise interest rates in June, even if ongoing peace talks with Iran yield a deal, as the conflict has been far longer

ECB should raise rates in June, even if Iran peace deal is struck, Schnabel says
Business|Economy|World

ADB to provide $5 billion to Bangladesh as economic pressures mount

The Asian Development Bank (ADB) will provide Bangladesh with $5 billion in support over the next five years, the lender said on Monday, as the country faces mounting

ADB to provide $5 billion to Bangladesh as economic pressures mount