Consumer prices rose 3.3% in March, as energy prices spiked due to Iran conflict
The consumer price index was expected to show a 3.3% year-over-year gain in March, according to the Dow Jones consensus.

The consumer price index was expected to show a 3.3% year-over-year gain in March, according to the Dow Jones consensus.
Anthropic rolled out the new Mythos AI model to a select group of companies over concerns that hackers could exploit its capabilities.
TSMC is benefiting from sustained demand for advanced semiconductors from its key customers like Apple and Nvidia.
President Trump's nomination of Kevin Warsh as Federal Reserve chair already faced a hurdle by Sen. Thom Tillis over a probe of current Chair Jerome Powell.
BlackRock's Jeffrey Rosenberg has a leading role in the firm's liquid alt ETFs — which use a long-short strategy in ETF wrappers.
Xi Jinping hosted Taiwan's main opposition leader in Beijing for the first time in a decade, ahead of a high-stakes meeting with Trump in May and Taiwan's presidential election in 2028.
Private jet companies are competing for high-spending customers with lavish on-the-ground experiences near the golf course.
President Donald Trump said that Iran "better stop now" if it's charging fees to oil tankers passing through the Strait of Hormuz.
Iran has effectively closed the Strait of Hormuz in the war with the U.S. and Israel, creating an oil supply crunch and sending global energy prices soaring.
Protestors are taking issue with the government's response to the spike in fuel prices since the onset of the Iran war.
The damage to Saudi infrastructure will only compound the disruption to global oil supplies trigged by Iran's attacks on tankers in the Strait of Hormuz.
The married filing separately status could affect eligibility for President Donald Trump's tax breaks this season. Here's what filers need to know.
OpenAI sent a memo to investors blasting chief rival Anthropic for "operating on a meaningfully smaller curve."
March CPI spiked, showing the impact of surging oil prices. And TSMC reported strong revenue numbers.
The European Commission and Trump administration are increasingly clashing over the bloc's actions against U.S. tech companies.
The big risk for Beijing is that the Iran war drags down global demand for the exports that are driving China's economic growth.
Startup Shengshu plans to use the money for a "general world model," paving the way for more practical robot applications.
Energy analysts warn that the Iran ceasefire is not likely to alleviate acute signs of stress in the physical oil market.
A two-week ceasefire was agreed between the U.S. and Iran on Wednesday, prompting hopes of the beginnings of the end of the conflict.
The Department of Justice is raising concerns about the NFL's offerings across various platforms and affordability of consumers.
A mysterious AI video model that has ascended global leaderboards has been confirmed as a project under Alibaba.
Shares of Fast Retailing surged over 9% to a record high on Friday after the Japanese parent of Uniqlo lifted its full-year outlook.
Eli Lilly loses share in India’s GLP‑1 market as cheap semaglutide generics surge, while Novo holds steady after deep price cuts to defend Ozempic, Wegovy.
China faces possible inflationary spillovers, though its massive strategic stockpiling onshore and diversified sources of energy provided some cushion.