Here’s the inflation breakdown for June 2026 — in one chart
U.S. consumer prices rose 3.5% in June, down from 4.2% in May, as energy and gasoline prices declined. Economists warn inflation could resurge if Middle East tensions escalate further.
Nike results top estimates even as China sales drop 12%; retailer expects $986 million tariff refund
Nike reported better-than-expected quarterly earnings and revenue despite a 12% sales decline in China, boosted by a $986 million tariff refund from a Supreme Court ruling.
TSMC to invest additional $100 billion in Arizona after second-quarter profit soars 77%
Taiwan Semiconductor Manufacturing Co reported a 77.4% surge in second-quarter profit and announced an additional $100 billion investment in Arizona, bringing total state investment to $265 billion.
American Airlines CEO lays out his vision to close a more than $3 billion profit gap
American Airlines CEO Robert Isom outlined strategies to close a $3 billion profit gap with competitors, including premium cabin upgrades, new aircraft orders, and expanded luxury lounges.
SpaceX Wants To Power Pentagon AI. Microsoft, Amazon And Google Already Do.
SpaceX is in discussions with the Pentagon to lease AI computing capacity to military and intelligence agencies, potentially entering a market already dominated by Microsoft, Amazon, Google, and Oracle.
Canadian mattress retailer to acquire Sleep Number for over $700M
Sleep Country, Canada’s largest mattress retailer, agreed to acquire U.S. competitor Sleep Number for $702 million following the latter’s bankruptcy filing.
Ardian alumni’s Clipway breaks debut secondaries record at $6.4B
Clipway, founded by Ardian veterans, closed its debut secondaries fund at $6.4 billion, setting a record for a first-time vehicle in the sector.
Popular crypto firm files for Chapter 11 after token collapse
Movement Labs, the developer behind the Movement blockchain, filed for Chapter 11 bankruptcy protection after its MOVE token collapsed roughly 99% from its peak.
Tesla misses on earnings, as free cash flow turns negative and margins slide
Tesla reported second-quarter earnings that missed Wall Street expectations despite revenue beating estimates, with free cash flow turning negative and profit margins declining significantly.
EU antitrust regulators clear Paramount-WBD merger as it faces challenge by U.S. states
EU antitrust regulators approved Paramount’s acquisition of Warner Bros. Discovery on Wednesday, though the deal faces legal challenges from U.S. state attorneys general seeking to block the merger.