It’s not easy being the world economy right now.
One month into the US and Israeli war on Iran, the shock is upending everything from supply chains to air travel.
As the price of a barrel of oil settles in at north of $100, up from $70 before the war,
March 27 (Reuters) – The United Nations said on Friday it was setting up a task force to design a mechanism to keep trade flowing through the Strait of Hormuz, warning that disruptions caused by the Iran war risked greater food shortages and humanitarian crises worldwide.
“Immediate action is essential to mitigate these consequences,”
» Read more about: UN moves to create mechanism to safeguard Hormuz trade in face of Iran war »
The S&P 500 hasn’t slipped into correction territory yet, in part due to the performances of five stocks.
Two energy stocks and two consumer staples stocks with large weights in the index have delivered strong gains this year.
There’s also one perhaps surprising outlier that has buoyed the S&P 500 in 2026.
Social Security payments are scheduled for millions of recipients this week.
Tens of millions of Americans rely on Social Security for essential income, including retirement, disability, and survivor benefits. The Social Security Administration (SSA) distributes payments on a staggered schedule throughout each month rather than sending them all at once.
» Read more about: Social Security Latest: Benefits of up to $5,181 Being Paid This Week »
Wall Street is spotting the return of the “TACO” playbook.
“Trump Always Chickens Out” — a reference to the president’s habit of backing off policies that rattle markets— resurfaced last week when he extended a pause on strikes against Iran’s energy facilities to give time for negotiations aimed at reopening the Strait of Hormuz,
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Iran war news LIVE updates: The conflict has put global oil and gas supplies at risk, led to shortages of fertilisers, and affected air travel.
Iran war news LIVE updates: Iran confirmed on Monday the death of Revolutionary Guards navy commander Alireza Tangsiri after he suffered severe injuries,
The Vanguard International High Dividend Yield ETF has delivered average annual returns of 11.7% for the past 10 years.
The fund holds more than 1,500 stocks, mostly from developed markets.
There’s no guaranteed way to become a millionaire,
» Read more about: Could Investing $10,000 in VYMI Make You a Millionaire? »
