Inflation in the United States has jumped to a three-year high, with rising energy prices adding fresh pressure as the war in Iran escalates again.

So what does hotter US inflation mean for global markets, interest rates, and Australia?

And with SpaceX about to go public in what could be a historic market moment, how should investors think about the hype - and the growing security concerns around Starlink?

And we answer listener Phil's question.

Carrington Clarke and ABC News Business Editor Michael Janda break it all down on ABC Business Daily.

Catch up on The Business here.

Got a burning business question like Phil?

Send a short voice recording to Carrington and the team at [email protected]