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Iran business leader admits U.S. blockade will inflict more economic damage than war, and the 'worst thing that could happen' is trying to evade it

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Billionaire Home Depot cofounder Bernie Marcus' foundation donates nearly $30 million toward stem cell research for heart attacks

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Iran business leader admits U.S. blockade will inflict more economic damage than war, and the 'worst thing that could happen' is trying to evade it

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$38 billion Twilio CEO wakes at 4:30 a.m., works Sundays, and runs laps around his house between meetings to blow off steam
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Iran business leader admits U.S. blockade will inflict more economic damage than war, and the ‘worst thing that could happen’ is trying to evade it
Iran business leader admits U.S. blockade will inflict more economic damage than war, and the ‘worst thing that could happen’ is trying to evade it

The head of the Iran-China Joint Chamber of Commerce said “the consequences of the blockade far outweigh those of a direct war.”

By Jason MaAugust 15, 2026
What Bessent’s economic isolation of Iran could look like
What Bessent’s economic isolation of Iran could look like
By Magdalena Del Valle and BloombergAugust 15, 2026
Iran, Oman home in on Hormuz Strait deal as ship attacks mount
Iran, Oman home in on Hormuz Strait deal as ship attacks mount
By Arsalan Shahla, Sara Gharaibeh, Catherine Lucey and BloombergAugust 15, 2026
Iran says the Strait of Hormuz is shut down. The Trump administration says 9 million barrels a day are still getting out
Iran says the Strait of Hormuz is shut down. The Trump administration says 9 million barrels a day are still getting out
By Jason MaAugust 14, 2026
Hunt for AI-proof trades turns convenience shops into hot stocks
Hunt for AI-proof trades turns convenience shops into hot stocks
By Norah Rami and BloombergAugust 14, 2026
broker
A proposed clean-energy rule could shake up corporate America—and your portfolio
By Mike FeibusAugust 14, 2026
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Seven ways college students can manage their finances — because money decisions impact financial security when starting a first job after graduation
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Seven ways college students can manage their finances — because money decisions impact financial security when starting a first job after graduation
By Adriana Morga and The Associated PressAugust 15, 2026
Harvard fund discloses $2.2 billion stake in Musk’s SpaceX
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Harvard fund discloses $2.2 billion stake in Musk’s SpaceX
By Janet Lorin and BloombergAugust 15, 2026
Alibaba AI models hit 3 billion downloads, passing Meta, Google
AI
Alibaba AI models hit 3 billion downloads, passing Meta, Google
By Saritha Rai and BloombergAugust 15, 2026
Scott Bessent fired a currency bazooka, but global finance still looks like a ‘giant Jenga tower’ propped up by a Japanese yen that’s in deep trouble
Economy
Scott Bessent fired a currency bazooka, but global finance still looks like a ‘giant Jenga tower’ propped up by a Japanese yen that’s in deep trouble
By Jason MaAugust 15, 2026
Trump administration tells Supreme Court that ballroom construction must go on despite order to stop, citing recent missile threat on Air Force One
Law
Trump administration tells Supreme Court that ballroom construction must go on despite order to stop, citing recent missile threat on Air Force One
By Michael Kunzelman, Lindsay Whitehurst and The Associated PressAugust 15, 2026
‘I’ll never apologize’ — Trump brushes off Iran war’s impact on oil prices and calls aircraft carrier’s 240+ days at sea ‘not nearly long enough’
Politics
‘I’ll never apologize’ — Trump brushes off Iran war’s impact on oil prices and calls aircraft carrier’s 240+ days at sea ‘not nearly long enough’
By Konstantin Toropin, Aamer Madhani and The Associated PressAugust 15, 2026
Tariff refunds are juicing corporate profits and GDP as more tailwinds converge to propel growth to a blistering 4.3% pace, top economist says
Economy
Tariff refunds are juicing corporate profits and GDP as more tailwinds converge to propel growth to a blistering 4.3% pace, top economist says
By Jason MaAugust 15, 2026
Berkshire pads Delta, Alphabet stakes as Abel taps cash pile
Investing
Berkshire pads Delta, Alphabet stakes as Abel taps cash pile
By Alexandre Rajbhandari and BloombergAugust 15, 2026
More EnergyPage 21 of 100
man leaning against t shirt stand
Economy
Inflation goes up by a whopping monthly rate of nearly 1%—and it’s hitting you at the grocery store and gas station
By Catherina Gioino and Eva RoytburgApril 10, 2026
inflation
Energy
Biggest jump in gas prices in 60 years, biggest jump in inflation since Biden: CPI carnage in March
By Christopher Rugaber and The Associated PressApril 10, 2026
Current price of oil as of April 10, 2026
Personal Finance
Current price of oil as of April 10, 2026
By Joseph HostetlerApril 10, 2026
Photo: Donald Trump
Economy
U.S. and Iran begin peace talks as Trump’s White House goes to war against the media, insider traders, and the Pope
By Jim EdwardsApril 10, 2026
‘Good for Russia, good for China, bad for America’: How the Iran war is reshaping global economies and power
Economy
‘Good for Russia, good for China, bad for America’: How the Iran war is reshaping global economies and power
By Nick LichtenbergApril 10, 2026
Only five ships crossed the Strait of Hormuz Thursday, far below Iran’s pledge as negotiations begin
Energy
Only five ships crossed the Strait of Hormuz Thursday, far below Iran’s pledge as negotiations begin
By Eva RoytburgApril 9, 2026
iran
Energy
A global food emergency: Why the closed Strait of Hormuz puts half the world’s calories at risk
By Aya S. Chacar and The ConversationApril 9, 2026
Willie Walsh, wearing a blue suit, looks to his right with his mouth slightly open.
Energy
Jet fuel supply disruptions are comparable to 9/11 and could take months to replenish even if Hormuz Strait is reopening, airline trade group warns
By Sasha RogelbergApril 9, 2026
xi jinping
Energy
Deutsche Bank says China is energy ‘winner’ in age of war
By Ishika Mookerjee and BloombergApril 9, 2026
hormuz
Asia
Hormuz traffic still blocked as Iran tries to formalize control
By Alex Longley, Weilun Soon, Julian Lee and BloombergApril 9, 2026
oil
Energy
Goldman flags $100-plus Brent if Hormuz shut another month
By Jake Lloyd-Smith and BloombergApril 9, 2026
sheinbaum
Energy
Claudia Sheinbaum wants Mexico to start fracking to get away from Trump’s natural gas. But she won’t call it that
By María Verza and The Associated PressApril 9, 2026
leavitt
Politics
The cease-fire that wasn’t: Here’s why Trump and Iran never really agreed to the same terms
By Will Weissert and The Associated PressApril 9, 2026
strait
Energy
First, Iran and Hormuz, second, China and Taiwan? The dangerous implications of a tollbooth on the open sea
By David McHugh, John Leicester and The Associated PressApril 9, 2026
data centers
Energy
Data centers are destroying states’ clean energy dreams
By Jessica Hill and The Associated PressApril 9, 2026
west virginia
Personal Finance
‘Every time you see that power bill, you’re just sick’: Meet a West Virginian whose $900 electric charge is more than her fixed income
By Margie Mason and The Associated PressApril 9, 2026
heat
Environment
U.S. just had its hottest March ever, in records dating back 132 years
By Seth Borenstein and The Associated PressApril 9, 2026
markets
Energy
Oil climbs back toward $100 a barrel, stock futures fall as Wall Street digests botched cease-fire
By Chan Ho-Him, Matt Ott and The Associated PressApril 9, 2026
iran
Politics
Trump and Iran both claim they have a cease-fire. They don’t agree on what they agreed to
By Jon Gambrell, Elena Becatoros and The Associated PressApril 9, 2026
iran
Politics
Iran closes strait, challenges U.S. to rein in Israel: ‘the world is watching whether it will act on its commitments’
By Bassem Mroue, Jon Gambrell, Samy Magdy, Sam Metz and The Associated PressApril 9, 2026
Current price of oil as of April 9, 2026
Personal Finance
Current price of oil as of April 9, 2026
By Joseph HostetlerApril 9, 2026
Photo: A fireball rises from a building hit by an Israeli airstrike in the area of Abbasiyeh, on the outskirts of the southern Lebanese city of Tyre, on April 8, 2026. Lebanon's army warned people against returning to the country's south on April 8, where the Israeli military is still launching attacks, as Israel said the ceasefire with Iran did not include its conflict with Hezbollah. (Photo by Kawnat HAJU / AFP via Getty Images)
Politics
Too much fire, not enough cease: Iran tightens its grip on global oil trade on eve of peace talks
By Jim EdwardsApril 9, 2026
The Iran war is either concluding with the world worse off, or escalation is just delayed again
Energy
The Iran war is either concluding with the world worse off, or escalation is just delayed again
By Jordan BlumApril 8, 2026
Traders work on the floor of the New York Stock Exchange (NYSE) on April 04, 2025 in New York City.
Politics
Within a day, the Iran-U.S. ceasefire began breaking down. Markets shrugged
By Eva RoytburgApril 8, 2026
Analysts warn the TACO trade won’t last forever after an Iran ceasefire wipes out weeks of losses in markets
Investing
Analysts warn the TACO trade won’t last forever after an Iran ceasefire wipes out weeks of losses in markets
By Marco Quiroz-GutierrezApril 8, 2026
southwest
North America
Less than a year after ditching its famous ‘bags fly free’ policy, Southwest is hiking prices again
By Rio Yamat and The Associated PressApril 8, 2026
A woman shops in the produce aisle
Economy
‘You can never really catch up’: The Iran war is exacerbating already high grocery bills, and it will only get worse if the war continues, experts say
By Jacqueline MunisApril 8, 2026
Current price of oil as of April 8, 2026
Personal Finance
Current price of oil as of April 8, 2026
By Joseph HostetlerApril 8, 2026
Asian stocks rally after Trump’s Iran ceasefire and ‘immediate’ Hormuz opening—even as it remains unclear how open the strait actually is
Asia
Asian stocks rally after Trump’s Iran ceasefire and ‘immediate’ Hormuz opening—even as it remains unclear how open the strait actually is
By Angelica AngApril 8, 2026
trump
Politics
Trump agrees 2-week ceasefire, says Iran has proposed a ‘workable’ 10-point peace plan
By Bassem Mroue, Jon Gambrell, Samy Magdy and The Associated PressApril 7, 2026
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Success
Billionaire Home Depot cofounder Bernie Marcus' foundation donates nearly $30 million toward stem cell research for heart attacksplaceholder alt text
By Sydney LakeAugust 14, 2026
Middle East
Iran business leader admits U.S. blockade will inflict more economic damage than war, and the 'worst thing that could happen' is trying to evade itplaceholder alt text
By Jason MaAugust 15, 2026
Success
$38 billion Twilio CEO wakes at 4:30 a.m., works Sundays, and runs laps around his house between meetings to blow off steamplaceholder alt text
By Orianna Rosa RoyleAugust 15, 2026
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