Economists anticipate May inflation data will exceed 4% for the first time since 2021, driven by rising energy costs and prompting speculation about Federal Reserve policy.
Labor Department report expected Friday to show continued hiring recovery from 2025 slump, though job creation remains below pre-pandemic levels.
Financial markets experienced volatility amid rising oil prices, cryptocurrency selloffs, and airline industry challenges.
Trump family reportedly earned about $500 million from cryptocurrency ventures while investors faced steep losses amid Bitcoin's worst weekly performance since FTX collapse.
Several developments emerge regarding Jeffrey Epstein's network, affecting Bill Gates, Goldman Sachs executive, and abuse survivors.
European Central Bank data shows gold has overtaken US Treasuries as the world's primary reserve asset amid changing central bank strategies.
Global markets fell sharply amid ongoing Iran conflict while China reported 15% industrial profit growth before hostilities began.
Corporate earnings show weakness across sectors while job cuts increased in April, reflecting broader economic uncertainty.
GameStop has made a $56 billion acquisition offer for eBay, with CEO Ryan Cohen citing potential to compete with Amazon.
Spirit Airlines ceased operations Saturday, canceling thousands of flights and stranding passengers amid financial troubles and rising fuel costs.
The Trump administration's auction of oil drilling rights in Alaska's Arctic National Wildlife Refuge drew few bidders despite ongoing global oil supply disruptions.
President Trump said he will raise tariffs on European Union automobiles from 15% to 25%, citing EU non-compliance with trade agreements.
Spirit Airlines is preparing to cease operations after a proposed $500 million government bailout fell through amid financial struggles.
Euro zone inflation reached 3.2% in May, the highest since 2023, as the Iran conflict disrupted energy markets and pushed commodity prices higher.
Military conflict is creating ripple effects across international markets and economic systems worldwide.
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