If you’re not worried about this country’s fiscal outlook, you’re not paying attention. Source: theatlantic.com

Without a deal between Washington and Tehran, the fallout from Strait of Hormuz closure could deepen global crises. Source: aljazeera.com

Americans are spending more on small luxuries despite rising economic anxiety and inflation concerns. Source: axios.com

The initiative comes as Operation Metro Surge, tariffs and the U.S.-Israeli war on Iran challenge this backbone of the state’s economy and society, columnist John Rash writes. Source: startribune.com

Bond markets are betting that inflation is here to stay, elevating the stakes for policymakers steering an economy under mounting strain Source: qz.com

JPMorgan sees core inflation sticking around 3% globally. It could eventually cool, but only after the economy feels the negative impacts on growth. Source: businessinsider.com