BUSINESSQUARTZ
Stocks slide as Trump threatens Iran and inflation hits a 3-year high
Stocks declined as Trump threatened Iran, and inflation reached a 3-year high in May with a 4.2% annual rise in consumer prices driven by energy costs from the U.S.-Iran conflict.
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Adjacent reporting
- US inflation rose at fastest pace in three years in April as Iran war hikes up prices
- US inflation surges to three-year high amid tensions with Iran
- UK inflation rises to 3.3% as Middle East conflict pushes up fuel prices
- US inflation hits highest level in three years
- US inflation rose at fastest pace in three years in April as Iran war hikes up prices