US inflation rose at its fastest pace for six months in May because of sharply higher energy costs.

Consumer prices rose 0.6% last month, government figures showed, the steepest US Fed chair says economy recovering ...
Strike hits Nike Vietnam factory ... monthly increase since last November.

Gasoline costs surged by 5.7% last month, driven by the soaring global cost of oil which recently hit more than $139 a barrel.

Rising inflation is a worry for the Federal Reserve, which has cut rates aggressively to stimulate growth.

(BBC)

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