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BIZARRE: 51 - What They Never Told You

10 States Expanding Property Tax Relief for Disabled Homeowners This Year

Rising home values and inflation are putting serious pressure on homeowners across the country, especially those living with disabilities and fixed incomes. In response, several states are expanding property tax relief programs aimed at helping disabled homeowners stay in their homes without facing crushing tax bills. These updates include larger…

Budget and the Bees

Dollar Climbs as Inflation Fears Push Bond Yields Higher

The dollar index (DXY00 ) climbed to a 1.5-week high today and is up by +0.22%. The dollar is moving higher today on the stronger-than-expected US Apr PPI report, which was hawkish for Fed policy. The dollar also has safe-haven support on concerns that the US-Iran ceasefire may break down...

Barchart

Wholesale Inflation Jumps 6%, The Highest Increase In More Than Three Years

Wholesale prices saw their highest annual increase in over three years, according to the latest figures.

International Business Times

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Trump sees US suffer biggest inflation jump since Biden was in office

Producer prices rose 6 percent year-over-year in April, according to Labor Department

The Independent UK

Stocks Pressured by Signs of Resurgent Inflation

The S&P 500 Index ($SPX ) (SPY ) today is down -0.19%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is down -0.47%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.05%. June E-mini S&P futures (ESM26 ) are down -0.20%, and June E-mini Nasdaq futures...

Barchart

The Real Reason Your Groceries Cost So Much And Why Lawmakers Are Missing the Mark

Politicians love to stand in front of television cameras and promise immediate relief for struggling American families. They frequently propose aggressive new laws designed to stop local supermarkets from raising their daily retail prices. However, these flashy political strategies completely fail to address the actual root causes of modern food…

Grocery Coupon Guide

‘I don’t think about Americans’ financial situation,’ says Trump amid Iran talks

With US inflation at a three-year high, US president insisted he’s not focused on economic hardship sparked by the conflict

The Guardian - US

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Social Security COLA 2027 Prediction Hits Highest Forecast Since 2022 — What It Means for Retirees

The Social Security Administration may issue a 4.2% COLA for 2027 due to rising inflation, driven by the Middle East conflict, which would be the highest increase in four years.

International Business Times UK

US wholesale prices rise 6.0% year-on-year in April, highest since 2022

American wholesale prices saw a significant jump in April. This surge marks the highest yearly increase in over three years. Higher energy costs, influenced by the Iran war, are the primary driver. This follows a similar trend in consumer inflation. The situation presents a challenge for President Donald Trump's economic…

The Economic Times

Producer prices shot up 6%, adding to pressure on companies to raise prices for customers

U.S. wholesale inflation came in hot last month

The Independent UK

Why the US Inflation Feels Worse Than 3.8%: The Growing Gap Between Official Data and Real Life Costs

US inflation hit 3.8%, but rising food and energy costs leave many Americans feeling a far greater cost-of-living squeeze.

International Business Times UK

Homeowners Blindsided: Home Values Jump Faster Than Inflation — 5 Ways to Keep Your Property Taxes Down

Homeowners across the United States keep opening their tax assessments with a mix of disbelief and frustration. Home values have climbed faster than inflation in many regions, and that surge often triggers higher property tax bills even when incomes stay flat. Local governments rely heavily on property taxes, so rising…

Clever Dude

Owens Corning Q1 Earnings Call Highlights

Owens Corning (NYSE:OC) reported lower first-quarter revenue as weaker residential construction and repair-and-remodel demand continued to pressure volumes, but executives said the company’s reshaped building products portfolio is producing more durable margins through the cycle. The Toledo, Ohio-b

MarketBeat

Social Security Checks Are Getting Smaller for Some Retirees—And It’s Not a Benefit Cut

For millions of retirees, Social Security day is a little like payday with fewer surprises and a lot more budgeting. That’s why recent reports of smaller monthly checks sparked instant panic across kitchen tables and retirement communities nationwide. Many seniors assumed Washington quietly slashed benefits behind the scenes, but the…

The Free Financial Advisor

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International Business Times UK

Worse Than the Truss Shock? Experts Warn UK Markets Are Entering Dangerous Territory

UK borrowing costs rise above 5%, sparking fears of fiscal strain amid inflation, political uncertainty, and global pressures that are fueling market instability.

Euronews

Iran's economy is being tested by war, blockades and soaring inflation

Inflation has hit 54% and the rial has lost more than half its value, but Tehran insists it can hold out

The Economic Times

Why are gold and silver prices down today, and will precious metals continue to fall or rise again? Gold falls after US inflation data reduces rate cut hopes

Why are gold and silver prices down today, and will precious metals continue to fall or rise again? Precious metals declined after strong US inflation data reduced hopes of interest rate cuts. A stronger US dollar also weighed on bullion demand. Investors are watching producer price data and a Trump-Xi…

Euronews

Which European economies are growing the fastest in 2026?

The eurozone has slowed sharply, expanding just 0.8% year-on-year in the first quarter of 2026. Yet three economies are growing several times faster than the bloc as a whole.

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The Economic Times

Indian rupee hits record low as outflows, oil strain worsen rout

The energy shock from the prolonged U.S.-Iran war ‌that has effectively ⁠shut ⁠the Strait of Hormuz has hurt India's macroeconomic outlook and strained its current account balance. Economists have lowered their growth forecasts, raised inflation projections and warned of sustained pressure on the rupee.

Barchart

Stock Index Futures Gain as Tech Stocks Rebound, U.S. PPI Data and Trump-Xi Summit in Focus

June S&P 500 E-Mini futures (ESM26) are up +0.25%, and June Nasdaq 100 E-Mini futures (NQM26) are up +0.79% this morning, buoyed by gains in technology stocks, while investors gear up for crucial U.S. producer inflation data and the highly anticipated Trump-Xi summit.

International Business Times

CPI Report Shows Inflation Surge Spreading Beyond Energy: Food, Rent and Services Climbing Too

Energy costs remain a major driver of inflation, but the April report showed increases across housing, groceries, household goods, jewelry, footwear, and services as well.

The Economic Times

What should you do with your gold investments as gold import duty increases to 15%?

Gold prices surged after the government raised gold import duty from 6% to 15%, impacting MCX, IBJA rates, ETFs, and jewellery retailer prices. Experts advise existing investors to hold gold as a hedge against inflation and global uncertainty, avoiding panic selling. New investors should opt for staggered buying instead of…

The Economic Times

Silver rate today: Silver prices surge across IBJA, MCX, MMTC-PAMP after import duty on white metal increased

Silver prices saw a significant jump on May 13, 2026. This surge followed the government's decision to increase customs duty on silver imports. Global geopolitical tensions and inflation worries also contributed to the price rise. Experts predict higher domestic prices and potential impact on consumer demand. The duty hike aims…

The Economic Times

Tax cuts collide with inflation as voters weigh Trump's economy in the midterms

Voters in North Carolina face a tough economic choice. While tax cuts aim to boost incomes, rising prices for rent, food, and fuel are a major concern. This financial tug-of-war is shaping how people view the upcoming midterm elections. Candidates Roy Cooper and Michael Whatley offer contrasting economic visions.

Axios

Trump shrugs off rising inflation as war deepens economic spiral

The bottom is falling out on Trump's signature issue.

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