by Richard Garrett | May 7, 2026 | Economy
Global financial markets are showing a notably restrained reaction to the latest escalation in the Iran conflict, suggesting that investors may have already priced in much of the geopolitical risk that has shaken markets since the war began. The U.S. announcement of a...
by Richard Garrett | May 6, 2026 | Economy
Oil prices pulled back below the $100 threshold, but global energy markets remain under significant pressure as the Strait of Hormuz stays largely closed to commercial traffic despite a recently reached ceasefire agreement between the United States and Iran. U.S. West...
by Richard Garrett | Apr 30, 2026 | Economy
U.S. inflation accelerated in March, driven largely by a sharp rise in energy costs linked to the Iran conflict. The latest data shows that price pressures are increasing again, though the underlying trend remains more controlled. According to the Bureau of Labor...
by Richard Garrett | Apr 30, 2026 | Economy
U.S. consumer confidence has dropped to its lowest level on record, reflecting growing anxiety about inflation, rising energy costs, and the broader economic impact of the Iran conflict. According to the latest survey from the University of Michigan, sentiment fell...
by Richard Garrett | Apr 30, 2026 | Economy
Concerns about the future of Social Security are growing, with many Americans fearing the system could run out of money within the next decade. While projections show financial strain, the reality is more nuanced. Social Security is not expected to completely...