Amy Morris

The 10-year Treasury yield at 4.55% and the 2-year yield at 4.12%.

WTI crude now less than $97 a barrel and Brent crude is now approaching $104 a barrel.

Consumer sentiment fell in May to a record low, 44.8, because of the war with Iran, weaker than all projections in a Bloomberg survey of economists.

The University of Michigan Consumer Sentiment Index shows cost of living also continues to be a concern.

57% of consumers mentioned high prices were eroding their personal finances.

Director of Consumer Surveys at the University of Michigan, Joanne Hsu.

Consumers had already been feeling pretty negative about the impact of gas prices, the Iran war, but now they're really starting to worry that the pain of this is going to persist into the long run.

Director of Surveys Joanne Hsu tells Bloomberg the last time they saw more than 50 percent of consumers worried about high prices eating into their personal finances was during the Korean War.

Micron president and CEO Sanjay Mehrotra tells Bloomberg the company is expanding U.S.

chip production.

He sees the memory chip shortage lasting beyond 2026.

here in manassas virginia boise and new york and we see this shortage continuing well beyond 2026 time frame hear more of our interview with micron technology president and ceo sanjay mirotra on the bloomberg talks podcast micron shares right now about a half percent higher nascar driver kyle bush experienced shortness of breath felt like he was overheating and was coughing up blood the day before he died

That's according to a 911 call obtained by the Associated Press.

Bush died yesterday.

No cause of death has been given, although his family said earlier he'd been hospitalized with a severe illness three days before he was supposed to compete in the Coca-Cola 600 at Charlotte Motor Speedway.

Kyle Bush was 41 years old.

SpaceX is set to try again tonight.

It delayed yesterday's test of its Starship rocket after a pin holding the tower arm in place failed to retract.

The next launch window will open at 5.30 today, Central Time.

That's news when you want it with Bloomberg News Now.