Economic Indicators

Japanese Prime Minister Shinzo Abe's trip to Tehran represents the highest-level effort yet to de-escalate tensions between the U.S. and Iran as the country appears poised to break the 2015 nuclear deal it struck with world powers that America earlier abandoned.

Producer prices excluding food, energy and trade services rose 0.4 percent last month, matching April's gain, the government said. The so-called core PPI increased 2.3 percent in the 12 months through May after rising 2.2 percent in April.

In a tweet,Trump called low inflation a “beautiful thing.”

US wholesale prices rose 0.1% in May, more evidence that inflationary pressures are under control.

Traders are increasingly forecasting at least one Fed rate cut this year.

Asian shares rose Tuesday as investor jitters over trade eased after President Donald Trump suspended plans to impose tariffs on Mexican imports and said he expects to meet with the Chinese leader.

Official figures show that average earnings in the U.K. increased in the three months to April while unemployment remained at its lowest level since the end of 1974.

The Latest on trade tensions between the U.S. and China and their wider impact, especially on technology giant Huawei (all times local): 5:55 p.m.

U.S. stocks moved broadly higher in early trading Monday on Wall Street after the U.S. and Mexico averted a trade war and potentially damaging tariffs, while several companies inked billion-dollar deals.

In Venezuela, the financial hopes of Eliset González are riding on a niche trade.

The legal marijuana industry urged Los Angeles City Hall on Monday to get tougher with illegal shops that are gouging their businesses in open sight.

___ US employers hired a record number of people in April WASHINGTON (AP) — U.S. employers hired the most people on record in April, while the number of open jobs was largely unchanged, evidence that the job report remains solid.

Stocks closed higher on Wall Street Monday after President Donald Trump suspended plans to impose tariffs on goods imported from Mexico.

Stocks that moved substantially or traded heavily on Monday: Raytheon Co., up $1.28 to $187.19

The latest on developments in financial markets (all times local): 9:35 a.m.

Greece is on track to hold a national election July 7, three months before schedule, after the country's president accepted a request by left-wing Prime Minister Alexis Tsipras to dissolve parliament.

One-in-four respondents said they expected to redirect investments away from the country.

Shares of Kraft Heinz are up sharply in the first day of trading since the company said that financial misstatements in revealed last month were not quantitatively material.

"This is what oligarchy looks like," Sanders said of the situation.

A study by The Associated Press-NORC Center for Public Affairs Research found that seniors living in major metropolitan areas, especially in the Northeast, were more likely to continue working past age 65 versus those in other areas around the country.