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Economics Headlines
Citadel’s Ken Griffin says Iran war threatens global recession reuters.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
Trump promised tax relief, but polling shows most Americans still think they’re overpaying latimes.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
Middle East War Will Slow Global Economic Growth, I.M.F. Warns nytimes.com
The conflict could also fuel another bout of inflation, according to the International Monetary Fund.
Source: nytimes.com
IMF warns global economy at risk of recession if Iran war persists bbc.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
Iran war will hit UK growth the hardest of any rich economies, IMF says cnbc.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
Rising gas prices are affecting consumer views on the US economy businessinsider.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
U.S. wholesale prices surged 4% last month during the Iran war pbs.org
The surge in prices complicates the work of the inflation fighters at the Federal Reserve, who have faced intense pressure from President Donald Trump to lower their benchmark interest rate. But some Fed policymakers are inclined to raise rates instead, as higher energy costs increase the inflation threat.
Source: pbs.org
The Recognition Economy: Metropolis Turns AI Into Instant Convenience forbes.com
Removing friction from a journey is a big convenience saver for consumers. Metropolis aims to take the friction out of everyday experiences like parking, getting gas and more.
Source: forbes.com
UK faces biggest hit to growth from Iran war of major economies, IMF says bbc.com
The financial body cuts its growth forecast for the UK and warns the war threatens to throw the global economy “off course”.
Source: bbc.com
Iran war escalation could trigger global recession, IMF warns theguardian.com
UK suffers sharpest downgrade and is predicted to face joint highest inflation in G7 as growth forecasts are cut
Source: theguardian.com
Global economy could take big hit from Iran war axios.com
The International Monetary Fund is sounding the alarm about slower growth and higher inflation.
Source: axios.com
IMF says Iran war “halted” global economic momentum, expects hotter inflation axios.com
The conflict upended what was shaping up to be a solid year for the global economy.
Source: axios.com
Citing fallout from the Iran war, IMF cuts the outlook for global growth, expects higher inflation washingtonpost.com
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: washingtonpost.com
Trump’s Latest Oil Blockade Brings Bigger Economic Risks nytimes.com
Oil markets shrugged it off, but the effort to hurt Iran could provoke retaliation that inflicts more damage on energy assets and the global economy.
Source: nytimes.com
Forbes Daily: The Canadian Travel Boycott Is Costing The U.S. Economy forbes.com
Today’s Forbes Daily newsletter covers hidden inflation costs, the Under 30 Europe list, Trump’s defamation lawsuit dismissed, deals for Tax Day and more.
Source: forbes.com
