The U.S. Consumer Price Index jumped 0.4% in May, the largest increase in two years.
OPEC countries pumped oil at record monthly rates in May.
The industry is buoyed by low oil prices, the strong dollar, lower capital costs, and strong load factors.
Results from the 2nd-quarter Duke University/CFO Magazine Global Business Outlook survey
Report urges 'mutually reinforcing' policies to avoid risks and move global economy to more stable growth.
Personal income increased 0.4% in April but consumer spending and industrial production were soft.
The Commerce Department initially estimated a 0.2% increase in the first quarter but economists are anticipating a pick-up in growth.
Counterintuitively, meeting financial commitments is tougher when the business is inching along than when growth is gangbusters, finance prof says.
Understanding foreign exchange risk in the context of enterprise risk management enables finance chiefs to avoid overhedging their forex risks.
Philly Fed poll shows forecasters expecting only modest rebound from shaky first quarter.