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US CPI Inflation Jumps to 4.2% in May, Highest Since 2018

May’s 4.2% annual CPI rise marks the fastest US inflation pace in three years, matching market expectations. US consumer prices surged 4.2% year-over-year in May, the sharpest increase since September 2018. The rise reflects rebounding demand and supply chain constraints a

  • mohammad501ps@gmail.com
  • June 10, 2026
  • stocks

Retiring at the Coast Comes with a $9,800 Annual Insurance Shock

Quick Read - Coastal NC homeowners insurance costs $9,800 annually, which is nearly four times the $2,200 Ohio rate and consumes roughly 17% of a $56,000 annual retirement withdrawal before any other spending. - Coastal premiums have surged anywhere from 30 to 50 percent over...<

  • mohammad501ps@gmail.com
  • June 10, 2026
  • macro

US May CPI Holds Steady at 4.2% YoY, Core Inflation Cools

Headline inflation matched expectations while core CPI rose 0.2% month-over-month, easing pressure on the Federal Reserve. US consumer prices rose 4.2% year-over-year in May, matching forecasts and holding steady from an unrounded 3.811% prior. Month-over-month, headline C

  • mohammad501ps@gmail.com
  • June 10, 2026
  • commodities

Solar Tops Coal in U.S. Power Mix for the First Month Ever

Solar power held a record-high 12.8% share of U.S. electricity supply in May, overtaking coal-generated power for the first full month on record, energy think tank Ember said in a report on Wednesday. While the share of solar-generated power jumped to a record high for a f

  • mohammad501ps@gmail.com
  • June 10, 2026
  • stocks

Spacex Just Got a Superchip Ahead of Its June 12th IPO — but No One’s Talking About It. 3 Red-hot Stocks to Watch Now

SpaceX just got a superchip ahead of its June 12th IPO — but no one’s talking about it. 3 red-hot stocks to watch now Moneywise and Yahoo Finance LLC may earn commission or revenue through links in the content below. The countdown has begun The SpaceX IPO is slated

  • mohammad501ps@gmail.com
  • June 10, 2026
  • stocks

Billionaire Investor Ron Baron Has Already Made at Least a 1,312% Return on His Fund’s Investment in Spacex. Here’s

Billionaire Investor Ron Baron Has Already Made at Least a 1,312% Return on His Fund's Investment in SpaceX. Here's What He Thinks the Stock Will Be Worth in 10 to 15 Years Elon Musk has made many shareholders, from retail to institutional, a lot of money over the years, l

  • mohammad501ps@gmail.com
  • June 10, 2026
  • stocks

Franklin Templeton to Participate in Spacex IPO, CEO Johnson Tells CNBC

June 10 Fund manager Franklin Resources, better known as Franklin Templeton, will participate in rocket maker SpaceX's blockbuster initial public offering this week, CEO Jenny Johnson told CNBC on Wednesday. Speaking on a CNBC interview, Johnson said clients were calling u

  • mohammad501ps@gmail.com
  • June 10, 2026
  • macro

CPI Inflation Will Set Tone for First Warsh Fed Meeting (live Coverage)

The consumer price index showed inflation surging to a three-year high in May, but a moderate rise in core prices eased rate-hike fears on Wall Street. Today's data and tomorrow's producer price index will influence the Federal Reserve policy stance that will be sketched o

  • mohammad501ps@gmail.com
  • June 10, 2026
  • stocks

Judge Preliminarily Approves Visa, Mastercard $38B Swipe Fee Deal

Visa and Mastercard received preliminary approval Tuesday from a federal judge for a revised $38 billion settlement with merchants who accused the card networks of charging excessive fees to process credit card payments. The settlement covers more than 12 million merchants

  • mohammad501ps@gmail.com
  • June 10, 2026
  • crypto

​​ ⚡️ AI Sector Recorded a Fifth Straight Quarter of Funding Growth AI Remains One of Crypto’s Fastest-growing Sectors.

​​ ⚡️ AI Sector Recorded a Fifth Straight Quarter of Funding Growth AI remains one of crypto's fastest-growing sectors. Funding has climbed for five consecutive quarters, rising from $60M in Q2 2025 to $600M in Q2 2026 so far — a 10x increase in just one year, and that's w

  • mohammad501ps@gmail.com
  • June 10, 2026
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