Consumer sentiment hits all time low
Not even during past wars, the 911 aftermath, the Great Recession, and the COVID pandemic have Americans felt this negative about the U.S. economy.
Iran War
In Iran’s capital, weapons demonstrations send a signal at home and abroad as threat of war remains
Iranian Revolutionary Guard members now regularly show the public in Tehran how to handle Kalashnikov-style assault rifles.
U.S. Treasury yield highest since 2007
The 30-year U.S. Treasury yield has hit its highest level in 19 years.
Trump’s tough-talk foreign policy is hitting a wall with Iran as it grips Strait of Hormuz
President Donald Trump has considered himself an effective dealmaker above all else, but he appears to have hit a wall with Iran as his tough talk, threats and even military action have not moved Tehran from its long-established positions.
Iran’s top diplomat says a lack of trust is impeding talks to end war with the US
Iran ’s foreign minister said a lack of trust is the biggest obstacle in negotiations to end the war with the U.S., saying Friday that Tehran would be open to diplomatic help, particularly from China, to help ease tensions.
Iran conflict continues to drive up prices at the pump
The conflict with Iran continues to drive up prices at the pump.
Tensions flare near Strait of Hormuz as a ship is seized and another is sunk
A ship anchored off the United Arab Emirates was seized and taken toward Iran and another — a cargo ship near Oman — sank after being attacked, authorities said Thursday, as tensions escalated near the Strait of Hormuz.
Producer prices shot up 6%, adding to pressure on companies to raise prices for customers
U.S. wholesale inflation came in hot last month. Producer prices rose 6% from a year earlier, the highest point in more than three years, as the Iran war pushes up energy prices and intensifies pressure on companies to pass along their rising costs to consumers.
US consumer prices jump as Iran war sends energy prices rapidly higher
U.S. consumer prices climbed sharply again last month as the 10-week war with Iran pushed energy prices higher.
US standoff with Iran deepens and strait remains closed after Trump rejects latest proposal
The United States and Iran were in a deepening standoff Monday after U.S. President Donald Trump rejected Tehran’s latest offer to end the war. Officials said the proposal included some concessions on its disputed nuclear program.
