US consumer confidence dipped in May as inflation worries tied to the Iran conflict offset labor market improvements. The dollar firmed amid renewed geopolitical uncertainty.
South Korea's deputy PM warns AI may worsen inequality and job losses, calling for public benefit. Analysis of labor market impact and policy response.
Upcoming non-farm payrolls data will test if the economy remains resilient enough to keep Fed policy on hold or if a softening labor market could revive rate cut bets.