Trending Now - Market Gains Stumble as Inflation Concerns Resurface
WHO:
Yahoo Finance - President Trump and former Fed Chair Jerome Powell were involved in a public disagreement over interest rates.
Bloomberg - MIAX CEO Thomas Gallagher and Ramaco CEO Randall Atkins participated in a discussion on Bloomberg Open Interest.
WHAT:
Yahoo Finance - The Bureau of Labor Statistics reported trailing 12-month U.S. inflation of 3.8% in April, marking a three-year high.
Yahoo Finance - The Iran war has caused the largest energy supply disruption in history, affecting 20 million barrels of petroleum liquids per day, which is about 20% of global demand.
Bloomberg - NextEra struck the biggest power deal ever.
Bloomberg - SpaceX is preparing for a mega IPO that is fueling Wall Street FOMO.
Bloomberg - Nvidia is nearing a potential $6 trillion inflection point.
Yahoo Finance - The Federal Reserve's inflation forecast was updated, indicating worsening conditions for Wall Street.
Yahoo Finance - U.S. inflation rose from 2.4% to 3.3% in March and 3.8% in April, reaching a three-year high.
Yahoo Finance - The Iran war has caused a significant energy supply disruption, with 20 million barrels of petroleum liquids per day affected.
Yahoo Finance - Gas prices have increased at the fastest pace in 30 years due to rising crude oil prices.
WHERE:
Yahoo Finance - The Strait of Hormuz was closed to virtually all commercial vessels as a result of the Iran war.
WHEN:
Yahoo Finance - The Iran war began on February 28.
Yahoo Finance - The inflation figures reported were for the months of March and April.
WHY:
Yahoo Finance - The inflationary effects on businesses are expected to rise further as higher production and transportation costs are accounted for in economic data.
Yahoo Finance - The inflationary effects on businesses often lag a few months, indicating that U.S. inflation can rise further as higher production and transportation costs are accounted for in economic data.
Yahoo Finance - The closure of the Strait of Hormuz is a direct consequence of the Iran war, impacting global oil supply and contributing to inflation.
HOW:
Yahoo Finance - The Federal Open Market Committee (FOMC) is responsible for setting U.S. monetary policy, which has been influenced by the ongoing inflation concerns.
(UPDATED May 19, 2026 04:19 UTC)
The Bureau of Labor Statistics has reported that U.S. inflation reached 3.8% in April, marking a three-year high. Meanwhile, the ongoing war in Iran has led to the largest energy supply disruption in history, impacting 20 million barrels of petroleum liquids per day, which accounts for about 20% of global demand. As a result, businesses are bracing for further inflationary effects as they face rising production and transportation costs.
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(UPDATED May 18, 2026 23:21 UTC)
NextEra has just made headlines by striking the biggest power deal ever, marking a significant milestone in the energy sector. Meanwhile, SpaceX is gearing up for a mega IPO that’s creating quite a buzz on Wall Street, as investors are feeling the fear of missing out. In the tech world, Nvidia is approaching a potential $6 trillion inflection point, all while businesses brace for the lagging effects of inflation that could push U.S. prices even higher.
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(UPDATED May 18, 2026 21:21 UTC)
President Trump and former Fed Chair Jerome Powell recently found themselves in a public disagreement regarding interest rates, as the Federal Reserve updated its inflation forecast, revealing worsening conditions for Wall Street. U.S. inflation has surged from 2.4% in March to 3.3% in April, hitting a three-year high, largely driven by the ongoing Iran war, which has disrupted energy supplies and caused gas prices to rise at the fastest pace in 30 years. The Strait of Hormuz has been closed to nearly all commercial vessels due to the conflict, significantly impacting global oil supply and further contributing to inflationary pressures.