economic

The Iran war’s looming economic threat: Higher food prices

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The ongoing war in Iran is driving up more than just the cost of oil. With essential crop fertilizers also caught in the crossfire, U.S. food prices could be next. About one-third of the world’s fertilizer ingredients — key inputs farmers rely on to grow the crops that become everyday food items — transit through … Read more

Economic growth late last year was much weaker than previously thought

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New government economic data shows that U.S. economic growth was significantly weaker in the final three months of 2025 than previously reported. The nation’s gross domestic product — the total value of goods and services produced in the U.S. — expanded at a meager 0.7% annual pace in the fourth quarter, the Commerce Department said Friday. That … Read more

Poll: Voters who say economic and political systems are stacked against them tie a record high

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Nearly 6 in 10 voters say the economic and political systems are stacked against people like them, tying a record high over roughly 40 years of national NBC News polling. According to the latest NBC News survey, 59% of registered voters agreed that those systems are stacked against them, while 38% disagreed with that sentiment … Read more

Trump’s war on Iran creates an economic storm for consumers and the Fed

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Inflation held steady in February — but the latest reading offers little clarity for Federal Reserve officials, who are navigating an increasingly complicated economic landscape. Consumer prices rose 2.4% from a year earlier, according to new government data released Wednesday, a figure that suggests inflation has been gradually cooling toward the Fed’s 2% target. But … Read more