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Trump’s war in Iran is costing the U.S. economy 10,000 jobs a month, Goldman Sachs says

The bank sees the Iran-driven oil shock stripping 10,000 jobs a month from U.S. payrolls through year-end. Leisure, hospitality, and retail are hit worst.

By Nick LichtenbergMarch 26, 2026
Young woman looks at her computer looking stressed and holding a credit card
Gen Z’s credit scores are cratering — and Trump’s student loan crackdown is the biggest reason why
By Tristan BoveMarch 26, 2026
Wealthy New Yorker on phone
New York is home to 154 billionaires. Together they’re worth $975.7 billion—and some of them are even making $2 million an hour
By Emma BurleighMarch 26, 2026
A man walks by the dairy section at a supermarket in Houston, Texas, on March 17, 2026.
How badly the war in Iran is impacting your finances depends on where you live
By Eleanor PringleMarch 26, 2026
Current price of Bitcoin for March 26, 2026
Current price of Bitcoin for March 26, 2026
By Joseph HostetlerMarch 26, 2026
Latest Stories
startup team smiles in front of camera
CryptoExclusive: Megapot raises $5 million to create a crypto-powered global lottery
By Carlos GarciaMarch 26, 2026
Water storage construction on the Meta data center site in Holly Ridge, Richland Parish, Louisiana.
AIInside Meta’s chaotic AI boomtown in rural Louisiana
By Sharon GoldmanMarch 26, 2026
iran war
Real EstateHow a war in the Middle East is hiking your mortgage rate in America
By Jake AngeloMarch 26, 2026
Harvey CEO Winston Weinberg
Success30-year-old CEO of $11 billion Harvey earned the backing of OpenAI and Sam Altman. He says you have to ‘re-earn’ your role every 6 months
By Preston ForeMarch 26, 2026
NewslettersHow the youngest female CEO in the Fortune 500 navigates political turmoil
By Emma HinchliffeMarch 26, 2026
MPWInfluencer Alix Earle turned her worst insecurity into her first brand. This is her plan to monetize her 14 million followers and make it last
By Emma HinchliffeMarch 26, 2026
SuccessDuolingo CEO’s taxi driver test decides who gets hired—before the interview even starts
By Sydney LakeMarch 26, 2026
HealthSeed Probiotic Review (2026): Expert Tested and Approved
By Christina SnyderMarch 26, 2026
More EconomyPage 34 of 100
LawHomeland Security investigates Minnesota for apparent fraud costing taxpayers as much as $9 billion
By The Associated PressDecember 29, 2025
Trump
Economy$25,000 per month: the cost of Trump tariffs on small business importers, revealed
By Nick LichtenbergDecember 29, 2025
streaming
LawThe Netflix-Paramount saga caps a 2025 turning point, S&P says: Cable TV is in the ‘decline stage,’ with a long, slow bleedout ahead
By Nick LichtenbergDecember 29, 2025
Economy‘We’ve gotten out of whack’ by fixating so much on Fed rates, but the loss of its independence will be punished, BofA CEO Brian Moynihan says
By Jason MaDecember 29, 2025
Young blue collar worker
SuccessGen Z can skip college and still earn big: Here are the top 15 highest-paying jobs that don’t require a degree
By Emma BurleighDecember 29, 2025
Powell
EconomyThe weakest labor market since 2011 has BofA asking, ‘Dude, where’s my job?’
By Nick LichtenbergDecember 29, 2025
Hillary
LawNew York City finally joins London, Singapore and other world-class cities with a tap-only subway system
By Philip Marcelo and The Associated PressDecember 29, 2025
Trump
Politics‘Adapt, shrink or die’: Trump begins slashing UN aid with $2 billion pledge a fraction of previous contributions
By Jamey Keaten, Matthew Lee and The Associated PressDecember 29, 2025
US President Donald Trump speaks to members of the media on the South Lawn of the White House before boarding Marine One in Washington, DC, US, on Saturday, Dec. 13, 2025.
EconomyNo one’s happier about calls for a ‘back-seat’ Fed than Fed insiders who were targeted by the White House this year
By Eleanor PringleDecember 29, 2025
InvestingSilver pulls back after topping $80 in historic year-end rally
By Robin Paxton and BloombergDecember 28, 2025
North AmericaInteroceanic Train derails in southern Mexico, injuring at least 15 and halting traffic on line
By The Associated PressDecember 28, 2025
EconomyThe job market in 2026 will suffer from ‘uncomfortably slow growth’ in the first half but reverse higher later in the year, JPMorgan says
By Jason MaDecember 28, 2025
EconomyBank of America’s Moynihan sees Trump’s tariffs starting to de-escalate
By Sarah Maddox and BloombergDecember 28, 2025
North AmericaThis Warren Buffett-backed wildlife rehab center estimates not having old newspapers to use would create more than $10,000 a year in new costs
By Michael Weissenstein and The Associated PressDecember 28, 2025
North AmericaThe retirement of this notoriously finicky card marks the end of an era for one of the world’s oldest and largest transit systems
By Philip Marcelo and The Associated PressDecember 28, 2025
Greg Hart, CEO of Coursera
SuccessGetting hired in 2026 is all about your ‘microcredentials’ says CEO of $1.3 billion learning platform—this is what he tells Gen Z to focus on
By Eleanor PringleDecember 28, 2025
InvestingBrutal year for stock picking spurs trillion-dollar fund exodus
By Isabelle Lee, Alexandra Semenova and BloombergDecember 27, 2025
BankingRussian official warns a banking crisis is possible amid nonpayments. ‘I don’t want to think about a continuation of the war or an escalation’
By Jason MaDecember 27, 2025
EconomyAfter U.S. debt soared to $38 trillion, the ‘easy times’ are now over as hedge funds jump into the bond market, former Treasury official warns
By Jason MaDecember 27, 2025
Federal Reserve Gov. Chris Waller engages 200 top CEOs at the Yale CEO Summit in December, 2025. (Photo courtesy of the Yale Chief Executive Leadership Institute/Photographer Donovan Marks)
CommentaryWhy over 80% of America’s top CEOs think Trump would be wrong not to pick Chris Waller for Fed chair
By Jeffrey Sonnenfeld and Steven TianDecember 27, 2025
RetailThree in four Americans say groceries are so expensive they’ve been forced to cut down on other spending
By Andrew Adam Newman and Retail BrewDecember 27, 2025
research
Cybersecurity2026 will be the year you get fooled by a deepfake, researcher says. Voice cloning has crossed the ‘indistinguishable threshold’
By Siwei Lyu and The ConversationDecember 27, 2025
mine
Economy‘You can’t see China now as a reliable supply-chain partner’: Graphite mines forsaken for 70 years come back into fashion
By Michael Hill and The Associated PressDecember 27, 2025
PoliticsAnduril founder Palmer Luckey is among the U.S. defense execs and companies sanctioned by China over arms sales to Taiwan
By The Associated PressDecember 26, 2025
Trump
EconomyTrump’s tariffs actually slashed the deficit from a record $136.4 billion to less than half that. Here’s what else they did
By Wyatte Grantham-Philips, Paul Wiseman and The Associated PressDecember 26, 2025
Powerball
North America$1.8 billion Christmas jackpot comes to Arkansas with winning Powerball ticket
By Olivia Diaz and The Associated PressDecember 25, 2025
EconomyThe Fed may have reassured Powell that it’s safe to leave the board early when a new chair takes over: ‘I think he’s done with this job’
By Jason MaDecember 25, 2025
tariffs
Politics53-year-old customs broker wants to ‘Make Trade Boring Again,’ saying you won’t believe how complex cheese is these days
By Matt Sedensky and The Associated PressDecember 24, 2025
gas
EnergyAmericans may be angry about affordability, but gas prices are the cheapest they’ve been all year in most states
By Wyatte Grantham-Philips and The Associated PressDecember 24, 2025
Donald Trump, standing in the Oval Office, frowns and looks to the side.
EconomyObama’s former top economic advisor says he feels ‘a tiny bit bad’ for Trump because gas prices are low, but consumer confidence is still plummeting 
By Sasha RogelbergDecember 24, 2025
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Palantir’s billionaire CEO says only two kinds of people will succeed in the AI era: trade workers — ‘or you’re neurodivergent’An image of a popular article
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'I didn’t want anybody shooting me': Five Guys CEO gave away $1.5 million bonus to employees over botched BOGO burger birthday celebrationAn image of a popular article
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