by Richard Garrett | May 28, 2026 | Economy
Three months into the Iran war, the U.S. economy looks troubled on the surface but has proven more durable than many feared. The conflict has pushed energy prices to four-year highs, reignited inflation, and driven consumer confidence to record lows. Yet the broadest...
by Richard Garrett | May 28, 2026 | Economy
Wall Street’s three major indexes finished Thursday’s choppy session in positive territory as oil prices retreated and diplomatic signals from Washington suggested some forward movement in U.S.-Iran peace negotiations, though significant gaps between the...
by Richard Garrett | May 28, 2026 | Economy
A deepening bond market sell-off is pushing U.S. borrowing costs to levels not seen in nearly two decades, as persistent inflation driven by the Iran war and concerns about government finances combine to drive investors out of long-term Treasury bonds. The 30-year...
by Richard Garrett | May 27, 2026 | Economy
Housing contract activity picked up in April, offering a modest but meaningful sign that homebuyers are continuing to engage with the market despite elevated mortgage rates, record-low consumer confidence, and the broader economic uncertainty created by the Iran...
by Richard Garrett | May 27, 2026 | Economy
The U.S. stock market is approaching a valuation milestone that has not been seen since the height of the dot-com bubble, raising fresh questions about whether the current AI-driven rally has pushed prices beyond what fundamentals can sustainably support. The closely...
