A stagflationary economy is not the most welcoming backdrop for a pipeline of IPOs. Source: bloomberg.com

As its industries of the future take off, old ones still flout basic safety procedures Source: economist.com

The Fed’s preferred gauge of monthly price increases grew at a slower pace in April but still remained above its preferred target rate. Source: wsj.com

Plus: Ferrari’s EV haters, a ‘mind-bogglingly crazy’ heat wave and a fight over coal pollution in Texas Source: wsj.com

Confidence among chief executive officers about the US economy tumbled in the second quarter as concerns intensified about supply chains and energy. Source: bloomberg.com

Highland Council says it already has some of the darkest skies in Europe for stargazers to enjoy. Source: bbc.com