NEW YORK, NEW YORK - MAY 12: People shop for vegetables and other foods in Brighton Beach in Brooklyn on May 12, 2026, in New York City. Newly released data from the Labor Department's consumer price index showed that inflation rose 3.8% from April 2025. The rise in prices for fuel, food, and other essentials for millions of Americans comes as a 10-week war with Iran continues to be a drag on both the domestic and international economy. (Photo by Spencer Platt/Getty Images)

NEW YORK, NEW YORK - MAY 12: People shop for vegetables and other foods in Brighton Beach in Brooklyn on May 12, 2026, in New York City. Newly released data from the Labor Department's consumer price index showed that inflation rose 3.8% from April 2025. The rise in prices for fuel, food, and other essentials for millions of Americans comes as a 10-week war with Iran continues to be a drag on both the domestic and international economy. (Photo by Spencer Platt/Getty Images)

NEW YORK, NEW YORK - MAY 12: Red meat is displayed at a grocery store in Brooklyn on May 12, 2026, in New York City. Newly released data from the Labor Department's consumer price index showed that inflation rose 3.8% from April 2025. The rise in fuel, food, and other essentials for millions of Americans comes as a 10-week war with Iran continues to be a drag on both the domestic and international economy. (Photo by Spencer Platt/Getty Images)

NEW YORK, NEW YORK - MAY 12: A worker stacks groceries at a store in Brooklyn on May 12, 2026, in New York City. Newly released data from the Labor Department's consumer price index showed that inflation rose 3.8% from April 2025. The rise in fuel, food, and other essentials for millions of Americans comes as a 10-week war with Iran continues to be a drag on both the domestic and international economy. (Photo by Spencer Platt/Getty Images)

NEW YORK, NEW YORK - MAY 12: A worker stacks groceries at a store in Brooklyn on May 12, 2026, in New York City. Newly released data from the Labor Department's consumer price index showed that inflation rose 3.8% from April 2025. The rise in fuel, food, and other essentials for millions of Americans comes as a 10-week war with Iran continues to be a drag on both the domestic and international economy. (Photo by Spencer Platt/Getty Images)

NEW YORK, NEW YORK - MAY 12: Red meat is displayed at a grocery store in Brooklyn on May 12, 2026, in New York City. Newly released data from the Labor Department's consumer price index showed that inflation rose 3.8% from April 2025. The rise in fuel, food, and other essentials for millions of Americans comes as a 10-week war with Iran continues to be a drag on both the domestic and international economy. (Photo by Spencer Platt/Getty Images)

Options trader Brian Garvey, center, works on the floor of the New York Stock Exchange, Monday, May 11, 2026. (AP Photo/Richard Drew)

CHICAGO, ILLINOIS - MAY 12: Job seekers attend a small business summit and job fair hosted by the Chicago Department of Aviation on May 12, 2026 in Chicago, Illinois. More than 100 vendors, airlines, aviation support companies and local, state and federal government agencies were taking job applications at the event. (Photo by Scott Olson/Getty Images)