Economy
-
‘Skunk at the party’: Jamie Dimon warns of recession risks amid ongoing wars—but also stagflation
Jamie Dimon mentioned “America” more than 80 times in his 2026 annual letter to shareholders, laying out goals for improving the country’s infrastructure, military, and the American dream. He also mentioned one word once that could jeopardize those very goals: stagflation. The JPMorgan Chase CEO warned of the economic dangers of protracted foreign conflicts, including
-
Massive debt makes the U.S. one of the world’s most vulnerable countries in the energy crisis, market veteran warns
The world has never faced a crisis while loaded with so much debt, making the U.S. especially vulnerable despite being the world’s biggest oil producer, according to Ruchir Sharma, chair of Rockefeller International, the global investment strategy arm of Rockefeller Capital Management. In a Financial Times op-ed on Sunday, he warned that this lack of
-
Even if Iran’s regime outlasts Trump, it may not survive reconstruction of the shattered economy, Mideast expert says
Tehran has been embolden by its ability to maintain tight control over the Strait of Hormuz and its own population. But even if the regime survives the war against the U.S. and Israel, its biggest challenge may come afterward. For now, there’s little sign of de-escalation as President Donald Trump has vowed to obliterate Iran’s
-
Trump risks confidence in U.S. role as guardian of global shipping
Of all the things Donald Trump has done to disrupt global commerce, from levying punitive tariffs to tearing up trade deals, few would be as consequential as withdrawing and leaving the rest of the world to secure the Persian Gulf. The move, which the US president has repeatedly threatened as his war with Iran drags