Federal Reserve Chair Jerome Powell says near-term inflation expectations have risen. The remarks come as markets monitor central bank commentary for signals on future interest rate policy.

Eli Lilly reports Q1 2026 adjusted EPS of $8.55 on $19.80 billion in revenue, beating analyst estimates. The pharmaceutical company also raised its full-year revenue guidance to a range of $82.0 billion to $85.0 billion.

Eli Lilly reported Q1 2026 adjusted earnings per share of $8.55 on $19.80 billion in revenue, exceeding analyst expectations. The company also raised its full-year revenue and earnings guidance.

The U.S. government has seized $450 million in Iranian cryptocurrency assets as part of a campaign to pressure the nation's economy.

The United States government announced the seizure of $450 million in Iranian cryptocurrency assets, citing an ongoing campaign to pressure the Iranian economy.

Gasoline prices in California rise above $6 per gallon as global energy markets react to the ongoing war involving Iran. The increase reflects broader volatility in fuel costs linked to the conflict.

Gasoline prices in California have exceeded $6 per gallon, driven by global energy market volatility linked to the ongoing war involving Iran.

Meta returns to the investment-grade bond market to fund AI and data center expansion. The move follows a $30 billion debt deal completed by the company six months ago.

Meta is returning to the investment-grade bond market to raise capital, six months after a $30 billion debt issuance, to fund increased spending on artificial intelligence and data center infrastructure.