Inflation
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Is There Congressional Support For Trump's Temporary US Gas Tax Halt?
Bloomberg Television· 2026-05-12 22:16
Backdrop for this trip is, coming at quite an inflection point here. The Strait Of Hormuz, of course, is still not open. We saw the inflation numbers on the rise warming up a bit today in the CPI.There are questions about the future of the president's tariff agenda. All of that said, what do you expect for deliverables, and will they include deals that impact any of these items. Well, I think that's a great question, and thank you for asking it that way.The deliverables are likely to be, China's commitment ...
X @Cointelegraph
Cointelegraph· 2026-05-12 21:40
🚨 ALERT: Inflation is outpacing growth in Americans’ paychecks for the first time in three years, according to WSJ. ...
Iran War Sends Gas Prices Higher, Lifting U.S. Inflation To 3.8% Annually
CNBC· 2026-05-12 21:37AI Processing
We just got the April Consumer Price Index, a key measure of inflation. It shows that prices are rising as the Iran war creates oil supply shocks. Let's take a look at this chart.Month-over-month inflation was 0.6% in April after hitting 0.9% in March. The last time we saw numbers like this was back in 2022, when inflation was at a 40-year high. That leads us to this annual inflation chart, which shows that overall inflation hit 3.8% in April.So-called core inflation, which excludes volatile food and energy ...
Food, Fuel and Rent Prices Accelerate Inflation | Bloomberg Businessweek Daily 5/12/2026
Bloomberg Television· 2026-05-12 21:36
CAROL: YOU ARE LISTENING AND WATCHING PRESIDENT TRUMP LIVE ON THE WHITE HOUSE LAWN, MAKING HIS WAY TO MARINE FORCE ONE, ON HIS WAY TO CHINA WITH THE MEETING WITH PRESIDENT XI. CAROL MASSAR, GOTTA SAY, IT IS A PRETTY BUSY TUESDAY, THE PRESIDENT COVERING EVERYTHING FROM THE FDA CHIEF, CUBA, CHINA, 28 WARS, TALKING ABOUT RUSSIA-UKRAINE, THAT THE END OF THAT WAR IS CLOSE. HE TALKED TO REPORTERS FOR A YOU SAID THE END OF THE WAR IN UKRAINE IS CLOSE, AND HE SAID IRAN WILL MAKE A DEAL OR GET DECIMATED.HE SAID THER ...
X @Cointelegraph
Cointelegraph· 2026-05-12 21:28
🚨 ALERT: Inflation is outpacing growth in Americans’ paychecks for the first time in three years, according to WSJ.https://t.co/G8mJ4vPDnc ...
X @Bloomberg
Bloomberg· 2026-05-12 21:16
President Trump said he doesn't think about Americans' "financial situation" when it comes to the war in Iran, even as fresh government data Tuesday underscored how the conflict is reigniting the worst US inflation in years https://t.co/3Egn2QSTAp https://t.co/jTVc2G3t7f ...
Inflation Hits 3-YEAR HIGH! Will This End The Bull Run?
From The Desk Of Anthony Pompliano· 2026-05-12 21:00
The United States of America is at war with Iran and gas prices have exploded higher and now the inflation numbers came in this morning and those inflation numbers are way higher than people expected. Lydia Defilis at the New York Times writes, "The consumer price index rose 3.8% in April from a year earlier. That's up from a 2.4% annual increase before the conflict started in February. 3.3% increase was in March and now we are at 3.8%.The increase was driven largely by energy prices, but the core index str ...
X @Bloomberg
Bloomberg· 2026-05-12 20:38
Traders have renewed bearish bets on US Treasuries, lifting expectations that the Federal Reserve will raise interest rates as oil prices and inflation push higher. https://t.co/gku4tBhKDX ...
X @Bloomberg
Bloomberg· 2026-05-12 19:56AI Processing
No letup on inflation or labor. https://t.co/oGrSZeutH9 ...
YOU SHOULD KNOW: High inflation likely NOT going anywhere
MSNBC· 2026-05-12 19:02
Inflation has hit a nearly 3-year high in April, pushed by the effects of the Iran war. Stephanie Ruhle breaks down the latest numbers and what YOU should know. MS NOW: My Source for News, Opinion, and the World. » Subscribe to MS NOW: https://www.youtube.com/@msnow » Subscribe to MS NOW’s We the People Newsletter for exclusive content from your favorite MS NOW anchors. Sign up now for free at https://ms.now/joinus MS NOW is the go-to destination for domestic and international breaking news, and best-in-cla ...