BURGUM ON PAUSING GASOLINE TAX: JUST ONE OF MANY TRUMP'S IDEAS
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US FORCES HAVE REDIRECTED 65 COMMERCIAL VESSELS AND DISABLED 4
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ADNOC CEO SAYS WORLD IS 1B BARRELS SHORT DUE TO HORMUZ CLOSURE
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USS ABRAHAM LINCOLN (CVN 72) CONTINUES OPERATIONS IN THE ARABIAN SEA, INCLUDING ENFORCEMENT OF THE U.S. BLOCKADE AGAINST IRAN. CENTCOM FORCES HAVE REDIRECTED 65 COMMERCIAL VESSELS AND DISABLED 4.
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TRUMP’S ECONOMY DISAPPROVAL RATING HAS SURGED TO 70% IN A NEW CNN POLL, SIGNALING DEEP VOTER CONCERN OVER ECONOMIC CONDITIONS
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UK TRANSPORT SECRETARY ALEXANDER BACKING ANDY BURNHAM: TIMES
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IRAN'S IRGC CONDUCTS MILITARY DRILLS IN TEHRAN PROVINCE: TASNIM
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US CPI (MOM) (APR) ACTUAL: 0.6% VS 0.9% PREVIOUS; EST 0.6%
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US CORE CPI (MOM) (APR) ACTUAL: 0.4% VS 0.2% PREVIOUS; EST 0.3%
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US CPI (YOY) (APR) ACTUAL: 3.8% VS 3.3% PREVIOUS; EST 3.7%
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US CORE CPI (YOY) (APR) ACTUAL: 2.8% VS 2.6% PREVIOUS; EST 2.7%
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US SHORT-TERM INTEREST-RATE FUTURES SLIGHTLY PARE EARLIER LOSSES AFTER INFLATION DATA.
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SPOT GOLD HOLDS LOSSES AFTER US CPI DATA, LAST DOWN 0.9% AT $4,692.58/OZ
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U.S. STOCK INDEX FUTURES EXTEND LOSSES SLIGHTLY AFTER APRIL CPI DATA
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US INFLATION ROSE TO 3.8% YoY IN APRIL, THE HIGHEST LEVEL IN 3 YEARS, AS SURGING GAS, SHELTER & FOOD PRICES INCREASED COST PRESSURES FOR AMERICANS
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U.S HEGSETH: 'WE HAVE A PLAN TO ESCALATE' IN IRAN, IF NECESSARY
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REGIONAL SOURCES SAY INTERNAL PRESSURE ON IRAN’S REGIME IS RISING DAILY AMID ECONOMIC, MILITARY & POLITICAL STRAIN

“IT’S DEATH BY 1,000 CUTS,” ONE OFFICIAL SAID PER FOX NEWS
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ROCHE CEO IN CALL - CONFIRMS LONG-TERM OUTLOOK FOR DIAGNOSTICS DIVISION OF MID- TO HIGH-SINGLE DIGIT SALES GROWTH
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ALEX DAVIES-JONES IS THE THIRD MINISTER TO QUIT. SHE SAYS: “I IMPLORE YOU TO ACT IN THE COUNTRY’S INTEREST AND SET OUT A TIMETABLE FOR YOUR DEPARTURE.” BREEALLEGRETTI TIMES CHIEF POLITICAL CORRESPONDENT
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AMERICANS ARE WORKING MORE HOURS TO HANDLE RISING GAS & FOOD COSTS, BUT THEIR PAYCHECKS ARE STILL LOSING VALUE DUE TO INFLATION

AFTER ADJUSTING FOR INFLATION, AVERAGE WEEKLY INCOME FELL IN APRIL DESPITE PEOPLE WORKING EXTRA HOURS

REAL WEEKLY PAY:
• ALL WORKERS: DOWN 0.2%
• REGULAR WORKERS: DOWN 0.3%
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AIRFARES HAVE JUMPED 20.7% COMPARED TO LAST YEAR
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