Economists and investors are increasingly pricing in a slowdown, or even a global recession, if the fighting drags on.
Category: United States Economy
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Iran War’s Latest Economic Toll: Oil at $115 a Barrel
The New York Times – Business: -
Resurgent Inflation Tests Faith in Fed’s Willingness to Tame It
The New York Times – Business:The war in the Middle East risks worsening an inflation problem that the Federal Reserve has struggled for years to subdue.
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Why College Graduates Feel Betrayed
The New York Times – Business:Their anger goes far beyond the recent rise of unemployment and the looming threat of A.I.
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Trump’s Signature to Be Added to U.S. Dollars
The New York Times – Business:President Trump is set to be the first sitting president to have his signature appear on America’s currency.
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War in Iran Will Push U.S. Inflation Above 4 Percent, O.E.C.D. Forecast Says
The New York Times – Business:Higher energy prices and uncertainty over the war in the Middle East will boost inflation and weigh on economic growth, a new forecast says.
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The Oil Price Shock Could Make Italian Ice More Expensive
The New York Times – Business:Higher energy prices caused by the war with Iran could affect more than just prices at the pump for American consumers.
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Covid Relief Loans Are Haunting Small Businesses
The New York Times – Business:The Small Business Administration lent $378 billion to keep businesses afloat. Getting paid back is proving difficult.
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College Graduates Are Facing the Grimmest Job Market in Years
The New York Times – Business:Artificial intelligence could reshape work, but for now a low-hire, low-fire labor market is the main impediment for young people seeking employment.
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Trump Sets Up ‘Pax Silica’ Fund to Reduce Global Dependencies
The New York Times – Business:Trump officials said on Monday that the war in Iran had emphasized the need to reduce vulnerabilities for energy and technology.