A gauge of U.S. business prices rose in May as energy prices jumped, a sign inflation is stabilizing. The Producer-Price Index for final demand, which measures prices that businesses receive for their goods and services, increased a seasonally adjusted 0.5% last month from April, the Labor Department said Friday. That was the largest gain since September 2012.

The number of US job openings rose to the highest level on record in April. The US had 5.4 million openings in April, up from 5.1 million in March, according to the Labor Department.

Last month, new cars were selling in the U.S. at a rate not seen since July 2005. The seasonally adjusted annual sales rate, or SAAR, of new vehicles sales in May hit 17.8 million, easily eclipsing a rate of 16.5 million in April and of 16.7 million in May 2014.

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