Economy
Consumer Sentiment Hits Record Low as Iran Conflict Fuels Inflation Fears
U.S. consumer sentiment plummeted to a new low of 44.8 in May, driven by high gas prices and escalating inflation concerns linked...
#iran conflict 6 articles
Markets
Iran Conflict Dampens GE Aerospace’s Growth Forecast
GE Aerospace reported strong Q1 earnings, but macro risks tied to the Iran conflict are tempering outlook and impacting flight departure forecasts.
Investing
Bessent: Iran Security Trumps Economic Pain; IMF Warns Recession Risk
US Treasury Secretary Scott Bessent asserts short-term economic pain is justified for long-term security from Iran, even as the IMF warns of...
Markets
Iran Conflict Ignites Petroyuan Hopes, Challenges Dollar Dominance
Trump's war in Iran is sparking renewed optimism for China's yuan to challenge the US dollar, with the "petroyuan" concept gaining traction...
Stocks
Oil Dips Below $100; Global Shares Jump on Trump Iran Pledge
Oil prices briefly fell below $100 a barrel and shares surged across Europe and Asia after President Trump pledged a swift end...
Markets
Oil Prices Jump After Trump Vows Iran Strikes, No End-Game Details
Global oil prices surged nearly 7% after President Trump threatened more Iran strikes without outlining an exit strategy, leading to market disappointment...