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US inflation accelerated in April on rising gasoline and grocery costs, exceeding wage growth in a double-whammy for already strained consumers. Eric Winograd, Chief US Economist at AllianceBernstein, reacts to the CPI data.

On this episode of Stock Movers with Alexis Christoforous: - Under Armour (UAA) shares are sliding after it forecast adjusted earnings per share for 2027 and the guidance missed the average analyst estimate. - Wendy's (WEN) shares are gaining as Financial Times reports that Nelson Peltz's Trian Fund Management is seeking investor backing for a bid to take the burger chain operator private. - Hims & Hers (HIMS) shares are lower after reporting a first-quarter loss and sales that missed Wall Street estimates due to higher costs associated with its strategic pivot to branded weight-loss medications.

Morgan Stanley Chief US Economist expects US inflation to peak this year in May or June. He says the latest CPI report will keep the Federal Reserve on the sidelines for the rest of this year. He speaks on Bloomberg Surveillance.

JPMorgan Chase Chair and CEO Jamie Dimon discusses the state of global financial markets and the impact of the conflict in Iran. Speaking with Bloomberg's Francine Lacqua on "Bloomberg Open Interest," Dimon also comments on the use of artificial intelligence and European banking regulations.

EBay turned down GameStop Chief Executive Officer Ryan Cohen's $56 billion takeover offer, describing the unsolicited bid as "neither credible nor attractive." Caroline Hyde reports on Bloomberg Television.

JPMorgan Chase Chairman and CEO Jamie Dimon says AI will change almost everything. He talks about how he uses the tech on a daily basis and speaks to Bloomberg's Francine Lacqua at the bank's annual Global Markets Conference in Paris.

JPMorgan Chase Chairman and CEO Jamie Dimon says the effects of the Iran war are getting more serious each day. He also says the wealthier American consumer "is spending like they should." He speaks to Bloomberg's Francine Lacqua at the bank's annual Global Markets Conference in Paris.

JPMorgan Chase Chair and CEO Jamie Dimon says he is still worried about inflation risk during an interview with Bloomberg's Francine Lacqua on "Bloomberg Open Interest."

For years, Epstein's office relied on American Express to arrange trips not just for the disgraced financier, who'd pleaded guilty to procuring a minor for prostitution, but for dozens of women, often Eastern European. His Centurion relationship manager also booked and canceled trips that were never meant to be taken, a move aimed at helping the women obtain visas, according to emails released by the Department of Justice. Bloomberg's Max Abelson discusses with host Carol Massar and Tim Stenovec.

IHS Holding (NYSE:IHS), one of the world's largest independent telecommunications infrastructure developers, reported a 6% increase in first-quarter revenue from continuing operations, as favorable foreign exchange movements masked a slight decline in organic growth.

US inflation accelerated in April amid an ongoing climb in gasoline prices and a jump in the cost of groceries. The consumer price index rose 3.8% from a year earlier, the fastest pace since 2023, while the core CPI, which excludes food and energy, increased 0.4% from a month earlier and 2.8% from a year earlier. Michael McKee breaks down the numbers on Bloomberg Television.

Edward Yardeni, president at Yardeni Research, examines "extraordinary" first-quarter earnings results as he boosts his year-end target for the S&P 500 to 8,250. He discusses the role of the consumer in driving economic resilience and says he's "not getting freaked out" by the current level of bond yields.