By Sarina Trangle Published June 07, 2026 06:00 AM EDT Apple is expected to unveil new technology this week. Michael Nagle / Bloomberg via Getty Images Inflation could be the story of the week—if it's not a big IPO. Investors will get another look at how the conflict with Iran is hitting prices when the Consumer Price Index report for May arrives Wednesday.1 The CPI jumped 3.8% year-over-year in April, the largest annual rise in nearly three years, with gas prices up more than 28%.