US ground beef prices hit record $7.06 per pound in May, up 13.1% annually, as tight cattle supply and low herd levels drive sustained cost pressures.

University of Michigan consumer sentiment preliminary June reading 48.9, topping consensus estimate of 46.0.

University of Michigan Surveys of Consumers Sentiment preliminary June reading 48.9, consensus estimate was 46.0.

U.S. Michigan 5-10 year inflation expectations drop to 3.4%, below 3.8% estimate, signaling easing long-term price pressures.

U.S. Michigan 5-10 year inflation expectations fall to 3.4%; estimate was 3.8%.

Uber explores takeover of Delivery Hero, reaching out to parties interested in its regional businesses to secure regulatory approval, sources say.

Uber is reaching out to parties interested in Delivery Hero's regional businesses as it works toward a takeover of the German food delivery company that would get regulatory approval, people with knowledge of the matter said.

China approves IPO registration of DRAM maker CXMT for Shanghai STAR Market listing, aiming to raise $4.33 billion in what would be the second-largest IPO on the tech board.

China's securities regulator has approved the IPO registration of CXMT Corporation, the country's largest DRAM maker, for listing on the STAR Market. The company plans to raise 29.5 billion yuan (about $4.33 billion).