The Iran war has stalled the world’s economic momentum this year, likely pushing growth lower compared to 2025, the International Monetary Fund warned Tuesday.

Source: pbs.org

Air New Zealand economy passengers will be able to sleep in full beds starting in November. Here are the details of the Sky Nest bunks.

Source: usatoday.com

A tariff domino effect is challenging the ways local economies across the US operate.

Source: fortune.com

President Christine Lagarde said the euro-zone economy is somewhere between the European Central Bank’s base case from the war in Iran and a less rosy outcome.

Source: bloomberg.com

Semafor business and finance editor Liz Hoffman sits down with Yahoo Finance Executive Editor Brian Sozzi at the Semafor World Economy conference in Washington, D.C. to discuss the perspectives on the economy, fears around AI displacing workers, and the Iran war that they’re hearing from Wall Street experts at the event.

Source: finance.yahoo.com

Amazon (AMZN) is set to acquire SpaceX’s (SPAX.PVT) rival, Globalstar (GSAT). Sevens Research Report founder Tom Essaye, Yahoo Finance Senior Reporter Ines Ferre, and JonesTrading chief market strategist Michael O’Rourke join Yahoo Finance Executive Editor Brian Sozzi to discuss the upcoming deal and the booming space economy.

Source: finance.yahoo.com

A prolonged blockage of the Strait of Hormux for the next six to 12 months will mean an unavoidable recession, the billionaire investor said.

Source: cnbc.com

Community leaders highlight a coalition-driven effort to attract businesses and investment to Harvey, Illinois, anchored by a free Franchise Expo at Governors State University designed to connect entrepreneurs, job seekers and national brands.

Source: fox32chicago.com

The Iran War has lasted longer than initially planned by some officials in the U.S. Financial pressure has escalated worldwide in the weeks following initial strikes across the Middle East.

Source: cnbc.com

Billionaire investor Ken Griffin warned on Tuesday that the world could face a ​global recession if the Strait of Hormuz remains closed for ‌a prolonged period.

Source: reuters.com

Tax refunds are up this season, but polling shows that most Americans still think their taxes are too high, according to recent polls.

Source: latimes.com

The conflict could also fuel another bout of inflation, according to the International Monetary Fund.

Source: nytimes.com

High oil, gas and food prices could force growth to slow if the US-Israel conflict with Iran continues, the IMF says.

Source: bbc.com

The IMF said that the U.K. will be hardest hit out of all developed economies as a result of the Iran war.

Source: cnbc.com

Skyrocketing gas prices, now at $4.13 a gallon, are pushing consumer sentiment to record lows and may worsen. Small businesses are feeling squeezed.

Source: businessinsider.com