Business & Markets — June 11, 2026

Social Security depletion date moves up. Trustees now project the Social Security trust fund will run dry in 2032, triggering an across-the-board benefit cut of roughly 22% unless Congress acts.

Yahoo Finance · Read more ↗

Oracle beats, stock falls. Oracle topped quarterly expectations Wednesday, but shares fell after the company said it will raise another $20 billion for data center projects. Its free cash flow is already negative.

CNBC Top News · Read more ↗

Wars set to dominate G7 summit. France hosts next week’s G7 with an agenda built to project unity on Iran and Ukraine while avoiding confrontation with President Trump.

Reuters · Read more ↗

Iran war reshapes energy markets. More than 100 days into the conflict, oil prices remain elevated, coal demand is rising as a backup fuel, and the energy transition has lost momentum.

Axios · Read more ↗

U.S. inflation hits three-year high. Consumer prices rose 4.2% year-over-year, the fastest pace since 2023. Trump said “I love the inflation,” later clarifying he meant he was glad it wasn’t higher.

BBC World · Read more ↗