US consumer inflation climbed to its fastest pace in three years as energy costs, especially gasoline, spiked sharply due to geopolitical unrest in the Middle East, impacting household budgets nationwide.
Former President Trump called Iran’s military a “complete mess” and warned of new US attacks as he praised the effectiveness of the ongoing US naval blockade.
BlackRock moved 1,564 BTC to Coinbase, fueling speculation but reflecting routine operations tied to its Bitcoin ETF custody rather than an imminent sale.
Technology shares dropped further Wednesday, pulling major indexes down despite inflation data that slightly eased pressure on Treasury yields and markets.
Consumer prices surged in May driven by a sharp increase in gasoline, while core inflation rose modestly and real wages posted their largest drop in years.
Berkeley Unified School District plans to cut key climate education roles amid a significant budget shortfall, raising concerns among students and educators about future environmental literacy.
A high-ranking Russian military officer was killed in a car explosion near Moscow in an incident linked to ongoing targeted attacks against Russian military figures amid the Ukraine conflict.
Bitcoin faces a potential price decline under $30,000 as institutions are currently offloading Bitcoin at rates far exceeding daily supply, signaling weakening demand.
The European Commission has opened a probe into the role of Middle Eastern sovereign wealth funds financing the Paramount-Warner Bros. $110 billion merger under EU foreign subsidy rules.
President Trump warned he may intensify military actions against Iran by targeting critical infrastructure as diplomatic efforts to end tensions remain stalled.