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Economy

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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 35 of 100
EconomyMillionaire tax plans spread as Washington state eyes new levy
By Anna Edgerton, Casey Murray and BloombergDecember 24, 2025
Dianna Tompkins sits on a stair in front of her home in Demotte, Ind., Dec. 17, 2025.
Arts & EntertainmentWhen SNAP payments stopped, a fast-moving nonprofit program rushed in with $12 million—and kept families fed
By James Pollard and The Associated PressDecember 24, 2025
Arkeem and Ashley with their 6 children.
SuccessMeet the millennial father of six who rebuilt his life through the trades—and questions America’s obsession with college
By Eva RoytburgDecember 24, 2025
Close up shot of sad worker in festive decorated office packing desk belongings on last day at work. Asian woman wearing xmas hat getting fired from job before Christmas holiday season, leaving
EconomyGDP data confirms the Gen Z nightmare: the era of jobless growth is here
By Eva RoytburgDecember 24, 2025
North AmericaThe Powerball prize now stands at $1.7 billion. Here are the biggest jackpots in history—and where the winning tickets were sold
By The Associated PressDecember 24, 2025
Calvin Butler, President and CEO, Exelon
EnergyUtility CEO on the data center crunch: America’s ‘check engine light’ is on and ‘no one’s going to pay attention until it breaks down’
By Nick LichtenbergDecember 24, 2025
economy
CommentaryWhy 4.3% GDP growth proves the ‘vibecession’ theory is historically wrong
By Brian HamiltonDecember 24, 2025
Photo of gold bars.
InvestingWhy gold went through the roof this year—and why its price may have been raised permanently
By Jim EdwardsDecember 24, 2025
President Donald Trump walks to the South Portico along the South Lawn at the White House on December 13, 2025 in Washington, DC
Economy‘Precarious’ is Wall Street’s defining word for 2026
By Eleanor PringleDecember 24, 2025
RetailMove over caviar, the hottest luxury ingredient is crab
By Matthew Kronsberg and BloombergDecember 24, 2025
EnergyAmericans enjoy one refuge from inflation: The cheapest gas prices in years
By Wyatte Grantham-Philips and The Associated PressDecember 23, 2025
PoliticsMedicaid paid more than $200 million to dead people, and Trump is rewriting privacy laws to fix it
By Fatima Hussein and The Associated PressDecember 23, 2025
Man with laptop working on yacht deck.
SuccessThe average worker would need to save for 52 years to claw their way out of the middle class and be classified as wealthy, new research reveals
By Orianna Rosa RoyleDecember 23, 2025
students
CommentaryWhy restricting graduate loans will bankrupt America’s talent supply chain
By Katica RoyDecember 23, 2025
Powerball
LawChristmas season brings $1.7 billion Powerball for a lucky winner. It hasn’t hit yet
By Olivia Diaz and The Associated PressDecember 23, 2025
beer
CommentarySupporting moderation: beer’s structural advantage in the no-alcohol space
By Justin KissingerDecember 23, 2025
Rows of servers at Facebook's Fort Worth Data Center in Texas.
EconomyA huge chunk of U.S. GDP growth is being kept alive by AI spending ‘with no guaranteed return,’ Deutsche Bank says
By Jim EdwardsDecember 23, 2025
Trinity Gas Storage recently completed the first, new major storage hub in years, and an East Texas expansion is already underway.
EnergyLittle-known underground salt caverns could slow the AI boom and its thirst for power
By Jordan BlumDecember 23, 2025
PoliticsTrump says he will lead the design of his new class of warships along with the Navy ‘because I’m a very aesthetic person’
By Konstantin Toropin, Aamer Madhani and The Associated PressDecember 22, 2025
PoliticsTrump unveils warship named after himself in shipbuilding push
By Jen Judson and BloombergDecember 22, 2025
BankingBank of America’s Moynihan says AI’s economic benefit is ‘kicking in more’
By Katherine Chiglinsky, Steve Dickson and BloombergDecember 22, 2025
dept
RetailTikTok puts department stores in your phone. Macy’s and Nordstrom say not so fast
By Anne D'Innocenzio and The Associated PressDecember 22, 2025
EconomyJim Beam halts production at key US distillery amid bourbon glut
By Jennifer Creery and BloombergDecember 22, 2025
Travel & LeisureThis new luxury airline seeks to go well above first class without the enormous cost of a private jet, and will only fly to a handful of cities
By Jason MaDecember 22, 2025
Photo of Colin Angle
Innovation‘It’s a cage match’: Beleaguered iRobot founder says the biggest reason why the Roomba-maker failed was because of growing Chinese competition
By Sasha RogelbergDecember 22, 2025
A close-up of Mitt Romney
EconomyMitt Romney says the U.S. is on a cliff—and taxing the rich is now necessary ‘given the magnitude of our national debt’
By Dave SmithDecember 22, 2025
InvestingChaos, cheap money, and a collapse in crypto send gold up 69% for the year, hitting a new record high
By Jim EdwardsDecember 22, 2025
EconomyMeet the American small town that’s becoming the ‘poster child for hard times’ as the largest employer shuts down
By Jesse Bedayn and The Associated PressDecember 22, 2025
InvestingWall Street anticipates a new all-time high as Washington aims ‘cash bazooka’ at banks and consumers
By Jim EdwardsDecember 22, 2025
Photo of Kevin Hassett
EconomyEven if the Supreme Court rules Trump’s global tariffs are illegal, refunds are unlikely because that would be ‘very complicated,’ Hassett says
By Jason MaDecember 21, 2025
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Success
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
By Fortune EditorsMarch 24, 2026
C-Suite
'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
By Fortune EditorsMarch 25, 2026
Magazine
The youngest-ever female CEO of a Fortune 500 company is fighting Trump's cuts to keep Medicaid strongAn image of a popular article
By Fortune EditorsMarch 24, 2026
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