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Economy

Donald Trump points and speaks as Pete Hegseth looks on in the background.
Something is different about Trump’s $1 trillion war on Iran and its stress on the national debt, Harvard Kennedy scholar says

During the wars in Iraq and Afghanistan, debt held by the public was around $4 trillion. Now, it’s $31 trillion, and 15% of the budget pays down interest.

By Sasha RogelbergApril 17, 2026
Half of Iran’s workforce faces unemployment risk as the U.S.-Israel war’s ‘hidden target’ was the labor market, economist says
Half of Iran’s workforce faces unemployment risk as the U.S.-Israel war’s ‘hidden target’ was the labor market, economist says
By Jason MaApril 17, 2026
The $39 trillion national debt could break the all-important U.S. bond market, sparking a ‘vicious’ emergency, former Treasury secretary warns 
The $39 trillion national debt could break the all-important U.S. bond market, sparking a ‘vicious’ emergency, former Treasury secretary warns 
By Tristan BoveApril 17, 2026
trump
Trump says Iran to suspend nuclear program, won’t get funds
By Kate Sullivan and BloombergApril 17, 2026
trump
Iran and White House say the Strait of Hormuz is ‘completely open.’ But it definitely isn’t—at least for now
By Jordan BlumApril 17, 2026
chris lehane
OpenAI’s policy chief says AI companies ‘need to do a much better job’ talking about AI as industry leaders face personal attacks
By Jake AngeloApril 17, 2026
Latest Stories
Huel Shake Review (2026): Expert Approved
HealthHuel Shake Review (2026): Expert Approved
By Emily PharesApril 17, 2026
Exclusive: Adam Silver on winning the Edison Achievement Award: ‘Sports remind us that some of the most important forms of innovation are human’
Arts & EntertainmentExclusive: Adam Silver on winning the Edison Achievement Award: ‘Sports remind us that some of the most important forms of innovation are human’
By Catherina GioinoApril 17, 2026
Tether CEO Paolo Ardoino smiles during a speech
CryptoTether extends $127.5 million in funding to crypto platform Drift as critics blast rival Circle for failing to freeze hacked funds
By Jack KubinecApril 17, 2026
Karen Carter
C-SuiteFortune 500 Power Moves: Which executives gained and lost power this week
By Fortune EditorsApril 17, 2026
Business colleagues meeting in modern conference room
Workplace CultureThe power has swung back to employers—and workers are paying for it in benefits, flexibility, and leverage
By Marco Quiroz-GutierrezApril 17, 2026
A woman taking a picture of the Statue of Liberty.
EconomyTourism had a record-breaking 2025 everywhere but the U.S., report finds, as international visitor numbers plummet by the millions
By Tristan BoveApril 17, 2026
ranch
North AmericaRanch dressing’s secret history literally includes a Hidden Valley
By Holly Meyer and The Associated PressApril 17, 2026
A person points at a page on the Marinetraffic website that shows commercial boats traffic on the edge of the Strait of Hormuz near the Iranian coast, in Paris on March 4, 2026. (Photo by JULIEN DE ROSA / AFP via Getty Images)
EnergyIran has reopened the Strait of Hormuz—but experts say it now holds a card that works ‘almost like a nuclear deterrent’
By Eva RoytburgApril 17, 2026
More EconomyPage 13 of 100
jerome powell
Economy‘A month ago, no one would have believed this’: June Fed rate hike odds just surpassed rate cut odds as stagflation fears grow
By Jake AngeloMarch 19, 2026
  • BlackRock CEO Larry Fink
    SuccessBlackRock CEO Larry Fink warns AI is creating a ‘crisis’ for Gen Z workers: the class of 2026 could face the highest unemployment in years—even without a recession
    By Preston ForeMarch 18, 2026
Mike Rowe
SuccessTV host Mike Rowe slams schools for portraying skilled trades as a ‘consolation prize’—when he’s met data center electricians making $280K a year
By Preston ForeMarch 19, 2026
Bitcoin struggles to hold $70,000 as oil surge jolts risk assets
CryptoBitcoin struggles to hold $70,000 as oil surge jolts risk assets
By Emily Nicolle, Melos Ambaye and BloombergMarch 19, 2026
china
CommentaryChina doesn’t need a trade deal to win. Here’s what CEOs are missing
By Ram CharanMarch 19, 2026
US Federal Reserve Chair Jerome Powell speaks during a press conference following the Federal Open Market Committee meeting at the Federal Reserve Board Building in Washington, DC, on March 18, 2026.
EconomyJerome Powell says you’re right to blame data centers for making your bills more expensive: ‘probably pushing inflation up’
By Eva RoytburgMarch 19, 2026
Current price of Bitcoin for March 19, 2026
Personal FinanceCurrent price of Bitcoin for March 19, 2026
By Joseph HostetlerMarch 19, 2026
  • A sign displays the price of diesel fuel, which is at $5.99 at a Maverick gas station
    Energy‘I just want all of it to end’: U.S. gas prices reach highest level since 2023 with no end for the Iran War in sight
    By Wyatte Grantham-Philips and The Associated PressMarch 18, 2026
trader
PoliticsOil approaches $115 per barrel as market realizes higher for longer is very possible
By Elaine Kurtenbach, David McHugh and The Associated PressMarch 19, 2026
Pete Hegseth next to U.S. army troops
Politics‘It takes money to kill bad guys’: Hegseth asks for $200 billion in extra funds for Iran war
By The Associated Press and Lisa MascaroMarch 19, 2026
Current price of oil as of March 19, 2026
Personal FinanceCurrent price of oil as of March 19, 2026
By Joseph HostetlerMarch 19, 2026
An AI jobs apocalypse? The CEO of Tech Mahindra is not so sure
EuropeAn AI jobs apocalypse? The CEO of Tech Mahindra is not so sure
By Kamal AhmedMarch 19, 2026
US Federal Reserve Chair Jerome Powell speaks during a press conference following the Federal Open Market Committee meeting at the Federal Reserve Board Building in Washington, DC, on March 18, 2026.
EconomyTrump started a battle with Jerome Powell, but the Fed chairman is winning the war: He won’t leave until probe is ‘well and truly over’
By Eleanor PringleMarch 19, 2026
  • A technician in Germany works on a battery system for a Volkswagen electric vehicle.
    EconomyThe world’s EVs were already replacing 70% of Iran’s oil exports. The war just made that matter
    By Tristan BoveMarch 18, 2026
Sunway Healthcare surges in first trading day, with hospital demand set to rise in a wealthier and older Malaysia
EconomySunway Healthcare surges in first trading day, with hospital demand set to rise in a wealthier and older Malaysia
By Angelica AngMarch 19, 2026
‘Say thank you and get out’: Why one top strategist says to dump Magnificent 7 stocks now
Investing‘Say thank you and get out’: Why one top strategist says to dump Magnificent 7 stocks now
By Shawn TullyMarch 19, 2026
Ted Cruz stands and looks down at Donald Trump sitting at his desk in the Oval Office.
EconomyThe Trump Administration’s proposed capital gains tax cut could add nearly $1 trillion to the national debt within the decade, think tank warns
By Sasha RogelbergMarch 19, 2026
Stephan Winkelmann, wearing a dark blue suit, speaks in front of a black background with the Lamborghini logo on it.
RetailLamborghini is selling a record number of cars—but tariffs are eating its profits
By Sasha RogelbergMarch 19, 2026
Fortune 500 firm updates AI price tag to $4.5 trillion, estimating 93% of jobs vulnerable to disruption
AIFortune 500 firm updates AI price tag to $4.5 trillion, estimating 93% of jobs vulnerable to disruption
By Jake AngeloMarch 19, 2026
‘Plumbers regularly earn more than lawyers’: Top entrepreneur makes a bold prediction that AI will flip the American Dream
Future of Work‘Plumbers regularly earn more than lawyers’: Top entrepreneur makes a bold prediction that AI will flip the American Dream
By Sydney LakeMarch 19, 2026
wine barrels
LawArgentines once drank 90 liters of wine a year. Now they’re down to 15 — and 1,100 vineyards have already closed
By The Associated Press and Clara PreveMarch 18, 2026
xi jinping
Politics‘The United States is undermining itself’: China is ignoring Trump’s Hormuz request as the Iran war deepens and his Beijing trip slips
By The Associated Press and Didi TangMarch 18, 2026
Trump frowns
EconomyWhite House suspends the Jones Act for 60 days. Analysts see a gas price impact of 3 cents
By Wyatte Grantham-Philips and The Associated PressMarch 18, 2026
bessent
EconomyThe national debt just crossed $39 trillion—almost doubling since Trump vowed to erase it
By Nick LichtenbergMarch 18, 2026
Federal Reserve Chair Jerome Powell takes questions during a press conference following the Federal Open Markets Committee meeting at the Federal Reserve on March 18, 2026 in Washington, DC.
EconomyJerome Powell says this economy isn’t as miserable as the 1970s, but ‘maybe that’s just me’
By Eva RoytburgMarch 18, 2026
Brooke Rollins stands in front of a line of men wearing black cowboy hats.
EnergyMeet a third-generation Tennessee farmer paying an extra $100k for fertilizer because of the Iran War
By Jack Dura and The Associated PressMarch 18, 2026
Female sculptor using a digital tablet in her art studio
EconomyGoldman Sachs says small businesses are embracing AI, but fewer than 1 in 5 are good at actually integrating it
By Tristan BoveMarch 18, 2026
WASHINGTON, DC - MAY 10: Federal Reserve Chair Jerome Powell listens as U.S. Secretary of the Treasury Janet Yellen presides over a meeting of the Financial Stability Oversight Council at the Treasury Department on May 10, 2024 in Washington, DC. The council received an update from the Financial Market Utilities Committee and an update on market developments related to corporate credit, as well as a presentation and to vote on a report on nonbank mortgage servicing. (Photo by Kent Nishimura/Getty Images)
EconomyThe Fed holds rates steady and punts on the Middle East: ‘uncertain’
By Eva RoytburgMarch 18, 2026
train tunnel construction
PoliticsNew York is suing the Trump Administration again—This time over $58 million in withheld subway funding
By The Associated PressMarch 18, 2026
oil
EconomyStocks sink as market digests $110-per-barrel oil
By Stan Choe and The Associated PressMarch 18, 2026
Chris Wright, US energy secretary sitting next to US President Donald Trump
EnergyTrump officials say gas prices will return to normal in ‘a few more weeks,’ but his own Energy Department says it will be 2027
By Tristan BoveMarch 18, 2026
Traders work on the floor of the New York Stock Exchange during morning trading on March 18, 2026 in New York City.
EnergyOil prices hit nearly $110 as Iran vows to escalate the war in ‘new ways’
By Eva RoytburgMarch 18, 2026
freeze
Commentary66% of CEOs are freezing hiring while betting billions on AI. It’s a costly miscalculation
By Katica RoyMarch 18, 2026
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Success
Pope Leo warned the world is in ‘big trouble’ if Elon Musk becomes the first trillionaireplaceholder alt text
By Preston ForeApril 17, 2026
Economy
A world going broke: IMF says America's $39 trillion national debt is actually a global problem—and AI may be the only rescueplaceholder alt text
By Nick LichtenbergApril 16, 2026
Environment
Jeff Bezos pledged $10 billion for climate change. With the 2030 clock ticking, his wife, Lauren Sánchez Bezos, is leading the charge to spend itplaceholder alt text
By Sydney LakeApril 15, 2026
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