The Squeeze | Inflation Hits a 3-Year High as the U.S. and Iran Trade Fire — June 10, 2026

U.S. inflation climbed to a three-year high in May, driven largely by energy costs tied to the widening war with Iran, even as Republican leaders eye cuts to Social Security and Medicare. Overnight, the U.S. struck Iranian air defenses near the Strait of Hormuz, and Iran fired back at American bases in Kuwait, Jordan, and Bahrain. Adam also covers the House passing a $70 billion ICE funding bill the same day a report revealed the agency is detaining babies, and Jeffrey Epstein's former assistant telling Congress she set up his calls with Trump.

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