The core CPI—which excludes food and energy costs—climbed 0.16 percent from April to May.

As the summer goes on, the ILA contract talks are likely to further inflate container rates that are already on the rise.

Although U.S. interest rates are sitting at 23-year highs, the pockets of pain they are causing are nothing like the systemic problems that so often wrecked expansions in the past.

With careful planning, corporate leaders can often avoid substantial tax liabilities when they make a former captive's assets available to meet the future business needs of related entities.