Spiking energy prices sent inflation to a three-year high in May, up 4.2% annually. The Labor Department said the cost of energy was responsible for over 60% of the increase. Core inflation, which strips out volatile food and energy prices, was up a more modest 2.9%. Geoff Bennett discussed more with Roben Farzad of Full Disclosure.

More than 2.5 million children across the U.S. live in households where grandparents have taken on the role of primary caregiver. But many grandparents face challenges navigating custody issues and accessing the resources and support they need. Geoff Bennett discussed these families with Donna Butts, author of "Grandfamilies: Stories of Children and the Loving Relatives Who Raise Them."

There was surprising strength in the latest U.S. jobs report. Employers added 172,000 jobs in May, the third straight month of job gains. Overall, the labor market appears strong despite concerns about the Iran war, rising prices and artificial intelligence. Amna Nawaz speaks with Diane Swonk, chief economist at KPMG, a multinational accounting and advisory firm, for more analysis.