US inflation accelerated in April on rising gasoline and grocery costs, exceeding wage growth in a double whammy for already strained consumers. The consumer price index rose 3.8% from a year earlier, up from 3.2%, according to Bureau of Labor Statistics data out Tuesday, the most since 2023. After adjusting for inflation, wages fell for the first time in three years. Bonds (TLT) were crushed.

Definitely buy the dip here. The futures will help traders, financial firms, AI builders, and cloud providers manage volatility and price swings, according to a statement on Tuesday. Indexes from market-intelligence firm Silicon Data will help underpin the products. The project is still pending regulatory review. Computing power, also known as compute, has been in high demand as AI companies use it to power their systems.

By almost $250 million, boosting its capacity target for ​the site, the company said on ​Tuesday. Tesla announced in December investments amounting ⁠to almost 1 billion euros ($1.2 billion) ​at the site in Gruenheide, southeast of ​the German capital, as it seeks to bring battery cell and vehicle production all under one ​roof from next year. The EV business is on the mend!

topping $102 a barrel, as stark differences between the U.S. and Iran over ‌a proposal to end the Iran War pushed supply concerns back into the spotlight. Brent crude futures gained $3.34, or 3.21%, to $107.55 a barrel by 1314 GMT, and U.S. West Texas Intermediate was up $3.18, or 3.24%, at $101.25. Both benchmarks climbed nearly 3% ​on Monday.

on the CPI print, taking ten-year yields up to 4.45% and prices down to nine-month lows. Accelerating inflation will make matters worse. And of course, everyone is ignoring the 800-pound gorilla in the room, soaring National Debt, now at $39 trillion.