Iran war's impact on oil prices drags down markets
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Wall Street is cutting its forecasts for the US economy this year, boosting its projections for inflation and unemployment and nudging up the odds of a recession as the impact of the Iran war starts to come into view.
By Lewis Krauskopf NEW YORK, March 27 (Reuters) - Next week's U.S. employment report headlines a fresh batch of economic data for stock investors, who also will closely follow developments in an Iran war that is entering its second month.
The U.S. economy grew at a slower rate than previously thought in the fourth quarter after the Commerce Department released its first revision of real gross domestic product (GDP) growth for the latest quarter. The Bureau of Economic Analysis (BEA ...
USA TODAY asked experts which terms are defining the U.S. economy in 2026. From "K-shaped" to "stagflation," here's what they mean for you.
The overall economy has proved resilient in recent years, even as many households have struggled. The war with Iran is following the same pattern.
The median forecasts in this calendar come from surveys of economists conducted by Dow Jones Newswires and The Wall Street Journal. All statistics in this calendar are in expressed in nominal terms unless labeled "real.
US central bankers, who will announce their next interest rate decision later today, face a policy dilemma: rising pricing pressures on one side, and slowing economic growth on the other. As DataTrek’s Jessica Rabe wrote in a note this week,
Every 1-cent increase in gasoline prices reduces consumer spending by $1.5 billion annually, one economist says.
The U.S. economy has shown resilience in the face of President Donald Trump’s policies, but the war with Iran has driven up oil and gas prices and clouded the economic outlook.
Americans are growing more pessimistic about the US economy as the war on Iran continues to roil markets, with sentiment falling across all income groups — including the wealthiest.