May 27, 2026Several measures show inflation expectations are up. Plus: wool demand, GDP revision, dad books, and a bagel boom.
Scott Olson/Getty ImagesSegments From This EpisodeBrandon Bell/Getty ImagesConsumers now expect prices to rise 4.8% over the next year, up from 3.4% in February, and businesses and bond markets are signaling similar expectations.
Spencer Platt/Getty ImagesThe updated number could also show that the AI spending boom is accelerating.
Stan Honda/AFP via Getty ImagesRight now, there aren’t enough sheep in the world to meet a growing demand for wool.
Brandon Bell/Getty ImagesAcross the U.S., farmers and ranchers are struggling to weather a growing season plagued by drought, high prices, and a trade war.
