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NPR News Now

NPR News: 05-12-2026 1PM EDT

12 May 2026

Transcription

Transcript generated automatically by AI and may contain errors.

Chapter 1: What is the main topic discussed in this episode?

1.246 - 16.524 Lakshmi Singh

Live from NPR News, I'm Lakshmi Singh. The U.S. war with Iran has pushed inflation to its highest level in nearly three years. NPR's Scott Horsley tells us more about the latest cost of living report from the Labor Department.

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16.724 - 20.509 Scott Horsley

Consumer prices in April were up 3.8 percent from a year ago.

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Chapter 2: What impact is the war with Iran having on U.S. inflation?

20.549 - 40.831 Scott Horsley

That's the biggest annual increase since May of 2023. Prices jumped six-tenths of a percent in the last month alone. Higher energy prices triggered by the closing of the Strait of Hormuz accounted for about 40 percent of that overall monthly increase. Gasoline prices have jumped about a buck and a half since the war began, and diesel prices are even higher.

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41.231 - 58.388 Scott Horsley

That's also starting to show up in the price of other goods and services. The price of plane tickets, for example, is up more than 20 percent from a year ago, as airlines struggle with soaring jet fuel prices. Higher trucking costs may have also contributed to a sharp monthly jump in grocery prices. Scott Horsley, NPR News, Washington.

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58.553 - 74.757 Lakshmi Singh

President Trump set to leave shortly for a state visit to China. He's expected to urge President Xi Jinping to persuade Iran to agree to U.S. conditions for ending a war the U.S. and Israel initiated in late February. Iran and China are close allies and trading partners.

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74.737 - 94.483 Lakshmi Singh

As Trump seeks Chinese support, he is bringing along corporate executives representing more than a dozen companies, from Tesla to Meta, that have major business interests in China. They include Apple's outgoing CEO Tim Cook, as NPR's Don Ruich reports Cook's being replaced by an executive who led hardware engineering teams for nearly all of Apple's best-known products.

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94.463 - 114.606 Tim Cook

Apple said the company faced supply chain constraints for its iPhone and Mac businesses. Unprecedented investment in artificial intelligence has pushed demand for memory chips through the roof. That's caused memory chip prices to soar. And Cook said he doesn't see the supply crunch easing. He expects significantly higher memory costs, which will impact Apple's business.

115.146 - 122.935 Tim Cook

Still, executives projected confidence. John Ternes, who takes over from Cook as CEO in September, said the company has an exciting roadmap ahead.

122.915 - 124.177 Lakshmi Singh

NPR's John Ruich.

Chapter 3: How are rising energy prices affecting consumer costs?

124.738 - 138.618 Lakshmi Singh

The WHO reports 11 cases of the rodent-borne illness Hantavirus in connection with an outbreak on a cruise ship. The U.S. is among the country's contact tracing and quarantining group of passengers from that ship. Here's NPR's Gabriella Emanuele.

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138.638 - 155.02 Gabriella Emanuele

While Hantavirus can cause very serious illness, the risk to the public at large is extremely low. Among the biggest reasons, Hantavirus does not spread from one person to another that easily. Scott Weaver is with the University of Texas Medical Branch.

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155.341 - 164.569 Scott Weaver

So if a person becomes infected with this hantavirus and there are no control measures in place, they're going to transmit on average to two other people.

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164.749 - 179.162 Gabriella Emanuele

Compare that with COVID, where he says an infected person can now pass it on to more than 10 people. And for measles, 15 other people get infected from one case on average. Gabriela Emanuel, NPR News. It's NPR News.

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181.673 - 200.285 Lakshmi Singh

Against the backdrop of a war, Israeli Prime Minister Benjamin Netanyahu's governing coalition is expected to collapse next week after one of his key ultra-Orthodox coalition partners called to dissolve parliament. Israeli media report that new national elections would likely be called for early September.

200.345 - 225.805 Lakshmi Singh

Netanyahu told ultra-Orthodox political leaders in Israel that he would not advance legislation they sought to exempt... Ultra-Orthodox Israelis from military service. That, again, according to Israeli media. Netanyahu is seeking a new term. Last night, late-night host Stephen Colbert invited four fellow late-night TV hosts to one of his final shows before it goes off the air May 21st.

225.903 - 230.431 Lakshmi Singh

And Piers Mandelit del Barco reports the cancellations were a conversation and jokes.

230.451 - 242.752 Stephen Colbert

Joining Stephen Colbert were John Oliver, Seth Meyers and the two Jimmys, Kimmel and Fallon. They call themselves Strike Force Five. Also the name of the podcast they hosted during the Hollywood writers strike. Here's Colbert.

242.772 - 245.196 Jimmy Kimmel

Late night is in a bit of a weird spot right now.

Chapter 4: What are the implications of President Trump's state visit to China?

267.931 - 269.393 Jimmy Kimmel

Because you didn't have it in the first place?

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270.419 - 279.588 Stephen Colbert

Colbert announced that Strike Force 5 will reunite on Wednesday for an emergency podcast. Mandalit Del Barco, NPR News. It's NPR.

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281.89 - 302.232 Unknown

On Consider This, NPR's afternoon news podcast, we cover everything from politics to the economy to the world. But every story starts with a question. At NPR, we stand for your right to be curious, to make sense of the biggest story of the day and what it means for you. Follow Consider This wherever you get your podcasts.

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