Energy prices drove most of the monthly increase, while core inflation came in below expectations

OECD stockpiles are on track to hit their lowest level since 2003 by December, creating conditions for higher prices

Sales rose 3.2% from April to a seasonally adjusted annual rate of 4.17 million units, topping economist forecasts

Soaring fuel prices are driving inflation fears among small business owners, who are pulling back on hiring and capital spending plans

The investment, backed by new owner Nippon Steel, will preserve roughly 3,000 jobs and replace an 87-year-old hot strip mill near Pittsburgh

Seven OPEC+ members approved a 188,000-barrel-per-day increase for July, a move analysts call largely symbolic while Gulf exports remain blocked

The bank now expects the Fed's next two cuts to come in June and December 2027, after May jobs growth cleared forecasts by a wide margin

Leisure and hospitality posted the largest gain, with 70,000 new positions. Financial activities was a notable weak spot

The four-week moving average also rose, but continuing claims fell and the insured unemployment rate held steady at 1.2%

Gains spanned both employer size and region, and nine of the 10 industries ADP monitors showed growth