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US wholesale inflation rose sharply last month as Iran oil shock continues to drive up business costs
US businesses’ input costs are rising rapidly as the Iran war’s oil shock continues to ripple through the economy.
Petroleum infuses a multitude of everyday items the Iran war could make more expensive
The Iran war’s most tangible and immediate effect for many people outside the Middle East has been spiking gasoline prices.
Trump administration underestimated Iran war’s impact on Strait of Hormuz
The Pentagon and National Security Council significantly underestimated Iran’s willingness to close the Strait of Hormuz in response to US military strikes while planning the ongoing operation, according to multiple sources familiar with the matter.
Business Owners Everywhere Can’t Escape Iran War’s Ripple Effects
From lost income to worsening inflation, small and midsize operators around the globe are feeling the pain.
Iran war’s cost grows to $43.6 billion in new US military estimate
The U.S. military’s price tag for the Iran war has grown to $43.6 billion as of Sept. 3
The Iran war’s end is being greatly exaggerated
There are many questions unresolved in the latest ceasefire deal and many ways the conflict could begin again.
Iran war’s cost grows to $43.6 billion in new U.S. military estimate
The figure is from U.S. Central Command, which oversees operations in the Middle East
Despite Iran War’s Effects, PepsiCo Says Consumers Still Spending on Snacks
Executives at the food and drink giant announced a rise in sales of drinks and snacks but warned that “inflation will come.”
How the Iran war’s unpopularity compares to Iraq, Afghanistan and Vietnam
An increasing volume of data suggests the Iran war has become about as unpopular as Iraq and Vietnam ever were — and it became so much more quickly.
Todd Blanche’s rocky road: From the Politics Desk
Plus, the Iran war’s hazy future.
Stocks are soaring. But the Iran war’s economic damage is far from over.
The surge in optimism contrasts starkly with continued energy supply challenges that threaten long-lasting economic harm — and a market reckoning.
Iran war’s oil shock fuels GOP political anxiety
Oil prices Monday spiked to levels not seen since Russia invaded Ukraine in 2022 before falling, while prices at the pump jumped nearly 50 cents higher than a week ago.
Democrats see Senate control within reach — but some big hurdles remain
The political terrain remains forbidding, but the president’s crumbling approval ratings and the Iran war’s weight on the economy offer the party an opening.