Rising Costs, Tariff Impact

Embraer CEO on Rising Costs, Tariff Impact

Consumer prices rose 4.2% annually in May, highest in three years

Inflation accelerated in May as rising energy costs contributed to pain for consumers, though underlying pressures were less intense. The consumer price index, a broad gauge of goods and services costs across the U.S. economy, rose at a seasonally adjusted 0.5% for the month, putting the annual inflation rate at 4.2%, the Bureau of Labor Statistics reported Wednesday. Both numbers were in line with the Dow Jones consensus though the monthly number was 0.1 percentage point below the April...

STEPHEN MOORE: This tariff is an expensive gift to China and our families will pay for it

I’m a free trader, but I also understand that for competitiveness and strategic reasons, President Trump’s trade tariffs are used as leverage to help make trade freer and fairer. He’s a master negotiator, who has used the tariff threat to force other nations to play by the rules and level the playing field. But some specific tariffs don’t make sense, and instead of saving jobs, they raise prices for consumers – especially when there is no viable domestic producer here at home.

Hormuz crisis side effect: a sharp rise in container shipping rates

Hormuz crisis side effect: a sharp rise in container shipping rates - SCFI global composite index has doubled since the war with Iran began and is at its highest point since September 2024, during the Red Sea crisis - Bunker fuel costs have jumped by almost 70% and container lines are successfully passing incremental costs along to shippers - Shanghai-Los Angeles spot rates are up 59% vs late February, with Shanghai-New York rates up 66%, according to Drewry assessments Spot container...

100 days of the Iran war: How global markets and the economy have been affected, in charts

Sunday marks 100 days since the war in the Middle East began, and the conflict continues to drive substantial volatility across all asset classes in every region of the world as a lasting peace deal remains elusive. Negotiations between the U.S. and Iran have stagnated, with Washington and Tehran sending mixed messages on the state of peace talks and both sides periodically exchanging bouts of military attacks. Nevertheless, a fragile ceasefire remains in place to allow for diplomacy to take...

UK households face 29-day deadline to 'avoid £221 charge'

UK households face 29-day deadline to 'avoid £221 charge' Millions of UK households could face a £221 rise Millions of households have just 29 days remaining to avoid a £221 surge in their yearly energy costs, as experts caution that the latest price cap rise takes effect from July 1. Energy comparison platform Uswitch warns that households on standard variable tariffs are facing an average annual increase of £221 when regulator Ofgem implements a 13% hike to the energy price cap next month....

We were happier during the COVID-19 pandemic. The reason is money

Australians less satisfied with life than during pandemic as financial pressures mount Tue 9 Jun 2026 at 4:40am In short: Australians felt a greater sense of satisfaction during the pandemic than when restrictions were fully lifted, ABS data has shown. The nation's "cost-of-living crunch" and falling real wages are behind falling life satisfaction, according to a leading urban economist. With a growing number of jobs predicted to be replaced by AI, Australians' sense of wellbeing could be...

Wall Street suffers worst hit of 2026 so far amid massive stock sell-off

Wall Street suffers worst losses in months amid massive tech stock sell-off, inflation and rate hike fears Sat 6 Jun 2026 at 11:16am In short: The US stock market has suffered its worst losses in eight months due to large sell-offs of tech giants' shares and fears of a looming rate hike. The 2.6 per cent slump in the S&P 500 on Friday followed data showing US employers added 172,000 jobs in May, far more than the 80,000 expected for the month. Newly-installed chair of the US Fed Reserve...

Oil prices rise as Iran and Israel trade strikes in defiance of Trump

Oil prices rose on Monday morning as investors monitored the latest escalation in the Middle East. Crude oil prices climbed in early trade as Israel launched airstrikes on Monday targeting central and western Iran in response to missile fire. Iranian state television reported the sound of explosions being heard in Isfahan, Tabriz and Tehran, without immediately elaborating.

The Guardian view on Britain’s coming energy shock: mini-measures won’t suffice | Editorial