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Exclusive | Iran Estimates $40 Billion Windfall From Reopening Hormuz With Gulf States WSJIran-U.S. Updates: Oil prices return to near pre-war levels as Oman says no Strait of Hormuz "transit fees" CBS NewsIran, Oman to discuss future Strait of Hormuz arrangements, Iran's FM says The Times of IsraelIran and Oman Say They'll Work on Pact for Hormuz Transit Costs Bloomberg.com
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May US PCE inflation tops 4%, leaves Fed hike on the table ReutersFed's preferred inflation measure hits 3-year high, keeping talk of possible rate hike in play Yahoo FinanceCore inflation rate hit 3.4% in May, highest since October 2023, Fed's preferred gauge shows CNBCInflation Accelerated in May as Iran War Pushed Up Prices The New York Times
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The executive behind one of the country's largest carriers unpacked some of the trends shaping ticket prices.
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Valve Quietly Walks Back Steam Machine 4K 60 FPS Performance Claims TechPowerUpReview: Steam Machine: Beautiful Hardware, Console Performance - At A Price Digital Foundry"This is going to be a niche device" - Analysts react to the $1,000 Steam Machine price reveal GamesIndustry.bizValve confirms it's working with Intel and Nvidia on SteamOS for more GPUs The Verge
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Consumer spending in May remains strong despite quickly rising prices.
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S&P 500, Nasdaq drop as tech megacap declines outweigh upbeat Micron forecast ReutersWhy Micron's blowout earnings are a headache for Apple Yahoo FinanceMicron Earnings: What Goes Up Must Come Down … Eventually MorningstarMicron earnings, oil prices fall, the newest meme stock and more in Morning Squawk CNBC
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