Record ground beef prices near $6.90 a pound are raising Memorial Day cookout costs as tight cattle supplies keep pressure on US shoppers.

US stocks ended higher as the Dow closed at a record and the S&P 500 extended its weekly winning streak to eight weeks.

US consumer sentiment fell to a record low in May as inflation worries, gasoline costs and household price pressures intensified.

US egg prices are falling as supply rebounds, while producers face margin pressure from low wholesale prices and elevated operating costs.

Oil prices fell more than 5% as Brent and WTI retreated, while Hormuz tanker traffic and tighter US inventories shaped trading data.

Carbon pricing raised more than $107 billion for public budgets in 2025 as global policy coverage widened, the World Bank said.

U.S. stock futures fell after Wall Street records as investors watched Nvidia, Walmart, Target, oil prices, Treasury yields and Fed minutes.

The Federal Reserve kept Jerome Powell in a temporary chair role while Kevin Warsh awaits the oath after the Senate confirmation vote.

Gold heads for a weekly loss as surging oil prices raise inflation fears, push Treasury yields higher and strengthen the dollar globally.

Gold edged higher as a weaker U.S. dollar supported bullion, while firm oil prices and sticky inflation kept gains capped in global trade.

Gold prices traded in a volatile range ahead of US inflation data as investors weighed oil, rates and Middle East tensions in global markets.

U.S. oil prices rose after renewed U.S.-Iran fighting near the Strait of Hormuz revived supply worries and ended a three-session slide.