Business & Markets — June 14, 2026

Trump says he 'loves' inflation as prices hit three-year high. U.S. inflation rose to 4.2% this week, the fastest pace in three years. President Trump said he "loved" the figure before clarifying he meant inflation was not higher.

BBC World · Read more →

Meta unwinds $2 billion Manus deal at Beijing's direction. Meta began dismantling its acquisition of Chinese-founded AI startup Manus this week after Beijing issued an unprecedented order directing the U.S. company to reverse the deal.

CNBC Top News · Read more →

Kevin Warsh chairs his first Fed meeting. New Federal Reserve Chair Kevin Warsh held his debut policy meeting this week, giving markets their first read on his communication style -- with inflation at 4.2% and geopolitical tensions running high.

CNBC Top News · Read more →