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BUSINESS11h agoIran war costing US households average of $2K each: Moody’sThe war in Iran has cost the average American household $2,000 so far, according to estimates shared Monday by Mark Zandi, chief economist at Moody’s Analytics. “Consider that the war’s costs taken together have absorbed about half the average American household’s income gain over the past eight months,” Zandi wrote on social platform X. “No…The Hill
BUSINESS1d agoIran war costing average U.S. household $2K, economist estimatesAn economist estimates that an ongoing conflict with Iran is costing the average U.S. household $2,000, highlighting the significant financial impact of geopolitical events.Seeking Alpha Tech
BUSINESS1d agoBreaking down how the Iran war could continue to impact fuel pricesThe ongoing war with Iran has impacted energy costs since its start. CBS News business analyst Jill Schlesinger and national security analyst Aaron MacLean have more.CBS News
BUSINESS2d ago'Going bankrupt': Iran shopkeepers struggle as war dims demandIran's economy has been battered by years of sanctions, but the conflict that began in February with US-Israeli attacks and an American blockade of the country's ports has put extra strain on daily life. Rising inflation, nearly 90 percent year-on-year in September according to official figures, and erratic currency exchange fluctuations have driven up the cost of everyday items. Food prices have more than doubled since last year.France 24 [en]
BUSINESS2d agoWhat the Iran war has done to the world’s energy supply, in chartsFossil fuels produce 81 percent of global energy. We look at Middle East’s role and what happens when supplies are cut.Al Jazeera [en]
BUSINESS3d agoTariffs, millions in extra costs, Iran war: Trump’s policies hammer US firmsFor Doug Rende, who runs an aluminium product manufacturer in the US state of Ohio, President Donald Trump’s tariffs have meant millions of dollars more in annual costs – and recently, the Iran war has made shipments even more expensive. Rende is CEO at Shapes Unlimited, one of many American producers smarting from Trump’s economic policies as the midterm election approaches. “Frustrating would be one word,” Rende said. “And I think that we’re sensing a lack of trust in not only the...South China Morning Post
BUSINESS4d agoTreasury yields steady as Trump strikes diplomatic tone on Iran ahead of midtermsYields were largely unchanged Friday as investors assessed President Trump's latest comments on Iran.CNBC
BUSINESS5d agoOil finishes sharply higher even as Trump says no attacks on Iran before midtermsOil prices finished sharply higher, despite a statement from Trump that there would be no attacks on Iran before the midterms. This suggests market forces are driving oil prices upward independently of certain political reassurances.Seeking Alpha Tech
BUSINESS5d agoOil rises after reports White House weighing Iran strikesThe Hill
BUSINESS5d agoUS Stocks Decline As Oil Prices Rise Amid Iran War WorriesChannels TV
BUSINESS5d agoIowa trucker says Iran war, fuel prices have been "major struggle"Some Iowans are questioning their loyalty to President Trump ahead of the midterms, saying they're struggling with the Iran war and tariffs. Ed O'Keefe reports.CBS News
BUSINESS5d agoGermany lifts GDP forecast as economy withstands Iran warThe government lifted its full-year growth projection to 1.3%, up from its April forecast of just 0.5%, as the German economy proved more resilient than expected.EuroNews [en]
BUSINESS5d agoOil prices hit $105 and stocks tumble as Trump considers renewed strikes on IranNBC News
BUSINESS5d agoGulf economies to shrink despite higher oil prices as Iran war takes toll, World Bank saysEuroNews [en]
BUSINESS5d agoThe Hormuz bonus: Sailor salaries soar for transits amid Iran warReports have emerged that tanker captains are earning $100,000 plus a $50,000 per-trip bonus to transit the strait.Al Jazeera [en]
BUSINESS5d agoAM Markets Need to Know: Trump weighs Iran conflict, AI trade faces reversal, and moreMarket insights include considerations of potential US involvement in Iran and a possible reversal in AI-related trade trends. These factors are significant for global financial markets.Seeking Alpha Tech
BUSINESS5d agoStock futures lower as Iran deal prospects fadeStock futures are lower due to fading prospects for an Iran deal. This indicates a market reaction to developments in international negotiations concerning Iran.Seeking Alpha Tech
BUSINESS6d agoOil prices are climbing on concerns about an escalating Iran warStock markets recorded losses on Thursday as fresh inflation fears came into focus following a jump in oil prices. This comes amid reports that US President Donald Trump was considering further strikes on Iran ahead of next month's US midterm elections.EuroNews [en]
BUSINESS6d agoUS stocks slide as oil prices fluctuate over renewed Iran war fearsOil prices rose on fresh concerns about Middle East supplies, before falling on the possible release of more reserves.Al Jazeera [en]
BUSINESS6d agoDIY fertilizer is a blessing as farmers face steep prices due to the Iran warIt's hard enough being a small-scale farmer. Then the Iran war drove up fertilizer prices. So farmers are using a traditional Asian recipe to make their own. They call it a "labor of love."NPR News
BUSINESS6d agoHow a Shadow Economy in Asia Is Keeping Iranian Oil FlowingCompanies continue to service a “dark fleet” of Iranian tankers in waters off Malaysia in spite of Washington’s threat to target them.NYT World