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CNBC TOP STORIES Anthropic IPO live updates: How the Amodei siblings, co-founders control voting shares Neutral CNBC TOP STORIES Alaska Senate: Peltola seeks quick dismissal of DOJ election lawsuit before midterm Bearish DEFENSE NEWS Helsing unveils interceptor missiles designed to chase Russia’s fast-flying Geran drones Pessimistic CBS MONEY WATCH Consumers face scarier Halloween costs this year. Here's why. Neutral WIRED Anthropic’s IPO Prospectus Reveals What’s Under the Hood Neutral FOX NEWS WORLD Former Israeli PM emerges as wildcard in high-stakes election with Middle East's future a… Bullish NEW YORK TIMES BUSINESS California’s Potential Quartz Ban Pushes Contractors and Retailers to Alternatives Optimistic MARKET WATCH Two stock picks to capitalize on Wall Street’s misguided AI fears Neutral THE GUARDIAN US NEWS The horse that ushered in Manchester United’s tragic arc | Jonathan Wilson Pessimistic YOUTUBE - PBD PODCAST Is America Ready for a GLOBAL War? Bearish NEW YORK TIMES BUSINESS Brazilian Markets Convulse After Unexpected Election Result Strong Bullish THE GUARDIAN WORLD NEWS Audi boss under fire in Germany for Trump rally appearance Strong Bullish BBC BUSINESS Anthropic warns of 'catastrophic risk' to humankind ahead of blockbuster share listing Bearish THE VERGE Remarkable’s refurbished Paper Pro Move bundle is over $100 off Neutral CNBC TOP STORIES Trump says he'll soon decide whether to ‘make a deal’ with Iran or ‘finish it off' Pessimistic TECHCRUNCH Anthropic officially files for its public debut Bullish NORTHERN MINER Strike curbs output at Canada’s largest copper mine Pessimistic CONSTRUCTION DIVE Construction’s promotion structure breeds impostor syndrome Bullish CBS NEWS Sophia Bush on her new memoir, what "One Tree Hill" taught her and a possible reboot Pessimistic FOR CONSTRUCTION PROS Stop Repeat Repairs: Better Inspection Records Improve Fleet Maintenance Bullish CNBC TOP STORIES Anthropic IPO live updates: How the Amodei siblings, co-founders control voting shares Neutral CNBC TOP STORIES Alaska Senate: Peltola seeks quick dismissal of DOJ election lawsuit before midterm Bearish DEFENSE NEWS Helsing unveils interceptor missiles designed to chase Russia’s fast-flying Geran drones Pessimistic CBS MONEY WATCH Consumers face scarier Halloween costs this year. Here's why. Neutral WIRED Anthropic’s IPO Prospectus Reveals What’s Under the Hood Neutral FOX NEWS WORLD Former Israeli PM emerges as wildcard in high-stakes election with Middle East's future a… Bullish NEW YORK TIMES BUSINESS California’s Potential Quartz Ban Pushes Contractors and Retailers to Alternatives Optimistic MARKET WATCH Two stock picks to capitalize on Wall Street’s misguided AI fears Neutral THE GUARDIAN US NEWS The horse that ushered in Manchester United’s tragic arc | Jonathan Wilson Pessimistic YOUTUBE - PBD PODCAST Is America Ready for a GLOBAL War? Bearish NEW YORK TIMES BUSINESS Brazilian Markets Convulse After Unexpected Election Result Strong Bullish THE GUARDIAN WORLD NEWS Audi boss under fire in Germany for Trump rally appearance Strong Bullish BBC BUSINESS Anthropic warns of 'catastrophic risk' to humankind ahead of blockbuster share listing Bearish THE VERGE Remarkable’s refurbished Paper Pro Move bundle is over $100 off Neutral CNBC TOP STORIES Trump says he'll soon decide whether to ‘make a deal’ with Iran or ‘finish it off' Pessimistic TECHCRUNCH Anthropic officially files for its public debut Bullish NORTHERN MINER Strike curbs output at Canada’s largest copper mine Pessimistic CONSTRUCTION DIVE Construction’s promotion structure breeds impostor syndrome Bullish CBS NEWS Sophia Bush on her new memoir, what "One Tree Hill" taught her and a possible reboot Pessimistic FOR CONSTRUCTION PROS Stop Repeat Repairs: Better Inspection Records Improve Fleet Maintenance Bullish
CBS News · Jun 11, 2026 12:57 PM EDT MacroEnergyGeopolitics

Trump says "I love the inflation" and that U.S. is "taking out" Iranian oil

Inflation surpassed 4% in May, surging to its highest level in three years, new government data shows. When asked about the latest spike in prices, President Trump said "I love the inflation" and argued global prices would be higher if not for a secret U.S. mission in the Strait of Hormuz. Nancy Cordes has more.

Trump says "I love the inflation" and that U.S. is "taking out" Iranian oil
Image CBS News

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