U.S. World Business Lifestyle
Today: June 10, 2026
Today: June 10, 2026

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Global bonds take wild ride in May as Iran war shocks market

The Iran war rocked global bond markets again in May, sending yields to multi-decade highs as traders priced in central bank rate hikes

Global bonds take wild ride in May as Iran war shocks market
Business|Economy|Europe|Finance|MidEast|World

Iran war impact could 'doubly scar' euro zone consumers, ECB research finds

Euro zone consumers, already scarred by the Ukraine war, have changed their attitudes more quickly as a result of the upheaval of the Iran war, European Central Bank

Iran war impact could 'doubly scar' euro zone consumers, ECB research finds
Political|World

US and Iranian negotiators reach tentative deal to extend ceasefire and start new nuclear talks

U.S. and Iranian negotiators have reached a tentative agreement to extend the ceasefire by 60 days and start a new round of talks on Iran’s nuclear program

US and Iranian negotiators reach tentative deal to extend ceasefire and start new nuclear talks
Business|Economy|Europe|World

UK business sentiment edges up in May, Lloyds says

British business sentiment edged up in May and is now close to its level before the Iran war, according to a monthly survey by Lloyds on Friday which contrasted with most

UK business sentiment edges up in May, Lloyds says
Business|Economy|Environment|Political|World

America’s pile of emergency oil is shrinking fast

America’s pile of emergency oil is shrinking fast

America’s pile of emergency oil is shrinking fast
Business|Economy|Finance|Stock Markets|World

Three months, and counting

What matters in U.S. and global markets today By Mike Dolan, Editor-at-Large, Finance and Markets It’s now a full three months into the Iran war, and the United States

Three months, and counting
Economy|World

US jobless claims rise to 215,000 but layoffs remain low despite Iran war uncertainty

More Americans sought unemployment benefits last week, but layoffs remain low despite economic uncertainty caused by the Iran war

US jobless claims rise to 215,000 but layoffs remain low despite Iran war uncertainty
Business|Economy|Finance|US|World

US first-quarter GDP growth revised lower to 1.6% pace

U.S. economic growth was not a strong as initially thought in the first quarter, and momentum is set to slow this quarter, with the war with Iran stoking inflation and

US first-quarter GDP growth revised lower to 1.6% pace
Business|Economy|Finance|World

Key US inflation measure posts largest annual increase in three years

U.S. inflation increased at its fastest pace in three years in April, driven by higher energy prices due to the Iran war and cementing economists'

Key US inflation measure posts largest annual increase in three years
Economy|Political|US|World

Trump plays mayor at Cabinet meeting, showcasing his DC renovations

President Donald Trump took on the role of a small town mayor during his latest Cabinet meeting, spending 10 full minutes describing in great detail the various beautification projects underway around Washington, D.C. He highlighted efforts to fix fountains, power-wash pools and repair brick walkways

Trump plays mayor at Cabinet meeting, showcasing his DC renovations
Economy|Political|US|World

Fact check: Trump makes false claims about Iran war, the economy and the reflecting pool at Cabinet meeting

Fact check: Trump makes false claims about Iran war, the economy and the reflecting pool at Cabinet meeting

Fact check: Trump makes false claims about Iran war, the economy and the reflecting pool at Cabinet meeting
Business|Economy|Education|Finance|Health|Political|US

Rep. Mike Flood holds town hall amid voter focus on affordability, Iran war

Rep. Mike Flood holds town hall amid voter focus on affordability, Iran war

Rep. Mike Flood holds town hall amid voter focus on affordability, Iran war
Economy|Election|Finance|Political|US

Trump is getting the Republican Party he wants. But can he win in the midterms?

President Donald Trump has been showcasing his influence in Republican primaries, recently endorsing Ken Paxton in Texas

Trump is getting the Republican Party he wants. But can he win in the midterms?
Business|Economy|Finance|Stock Markets|World

Yen slides toward intervention zone as Iran war tensions lift dollar

The yen fell to its weakest level in nearly four weeks on Wednesday, edging closer to levels that prompted Japanese authorities

Yen slides toward intervention zone as Iran war tensions lift dollar
Europe|MidEast|Political|World

Netherlands deploys minesweeper amid Hormuz contingency planning

The Netherlands will send a minesweeper to the Mediterranean Sea as part of NATO operations to allow a possible rapid deployment to the Strait of Hormuz, should a mission

Netherlands deploys minesweeper amid Hormuz contingency planning
Business|Economy|Finance|Stock Markets|World

Iran war splits global markets into clear winners and losers

Three months since the Iran war began, persistently high oil prices have policymakers grappling with renewed inflation fears, while sliding currencies are a headache for

Iran war splits global markets into clear winners and losers
Business|Economy|Europe|Finance|Stock Markets|World

Iran war fallout amplifying Europe's financial vulnerabilities, ECB warns

The Iran war and lingering trade tensions could dent euro zone economic growth, push up borrowing costs and challenge some member states' ability to sustain public

Iran war fallout amplifying Europe's financial vulnerabilities, ECB warns
Business|Economy|Environment|Finance|World

Fed's Logan: world may need to cut use of oil and natural gas 

The world may need to find a way to get by on less oil and gas if the Strait of Hormuz remains closed much longer due to the U.S.-Israeli war on Iran, Dallas Federal Reserve

Fed's Logan: world may need to cut use of oil and natural gas 
Business|Economy|Finance|Stock Markets|World

European stocks set for modest gains as Iran war dampens outlook, poll shows

European shares will struggle to post further gains for the rest of this year, a Reuters poll found, weighed down by the economic hit from the Iran war

European stocks set for modest gains as Iran war dampens outlook, poll shows
Business|Economy|Environment|Finance|World

Dollar climbs as US strikes on Iran dent ceasefire optimism

The dollar edged higher against major currencies including the euro and yen on Tuesday, after renewed U.S. strikes on Iran dented optimism for a near-term

Dollar climbs as US strikes on Iran dent ceasefire optimism
Business|Economy|Environment|Finance|World

US-Iran talks are heating up again. But the danger isn’t over for gas prices

US-Iran talks are heating up again. But the danger isn’t over for gas prices

US-Iran talks are heating up again. But the danger isn’t over for gas prices
Business|Economy|Finance|World

Inflation worries weigh on US consumer confidence in May

U.S. consumer confidence eased in May as worries about inflation linked to the war in Iran intensified and households' views of the labor market were

Inflation worries weigh on US consumer confidence in May
Business|Economy|Finance|World

US single-family home prices edge up in March, FHFA says

U.S. single-family house prices edged up in March, but further increases are unlikely as the war with Iran pushes mortgage rates higher, dampening housing demand.

US single-family home prices edge up in March, FHFA says
Europe|World

Russia maintains attacks on Ukraine, as Kyiv is warned to brace for a possible major barrage

Ukraine’s air force says Russia launched over 100 drones and two ballistic missiles at Ukraine overnight

Russia maintains attacks on Ukraine, as Kyiv is warned to brace for a possible major barrage
Business|Economy|Europe|Finance|Stock Markets|World

UK shop price inflation picks up, retailers ask government to help

British shop price inflation sped up in May on the back of disruption and higher energy costs caused by the Iran war, according to a retail industry group which said the

UK shop price inflation picks up, retailers ask government to help
Business|Economy|Finance|Political|Stock Markets|World

Stocks jump while oil and dollar ease on Iran peace hopes

Stocks surged and the U.S. dollar and oil prices slid on Monday as the prospect of a deal to end the Iran war buoyed risk

Stocks jump while oil and dollar ease on Iran peace hopes
Asia|Business|Economy|Environment|Political|World

Global tensions set to stalk Singapore's flagship defence summit

War in Iran, strained U.S. commitments in Asia and rising tensions over

Global tensions set to stalk Singapore's flagship defence summit
Economy|Political|US|World

Trump talks up his ballroom plan dozens of times but plays down Americans' economic pain

Standing in front of the White House ballroom construction site, U.S.

Trump talks up his ballroom plan dozens of times but plays down Americans' economic pain
Asia|Business|Economy|World

Rubio touts US energy on India trip meant to repair ties

U.S.

Rubio touts US energy on India trip meant to repair ties
Economy|Political|World

World Bank document shows 27 countries seeking to ensure access to crisis funds

Twenty-seven countries have moved since the Iran war started to put in place crisis instruments that could quickly access funding from existing World

World Bank document shows 27 countries seeking to ensure access to crisis funds
Economy|Political|World

The Latest: Tulsi Gabbard resigns as Trump’s national intelligence director, citing husband’s health

Tulsi Gabbard has resigned as President Trump’s director of national intelligence, citing her husband's battle with cancer

The Latest: Tulsi Gabbard resigns as Trump’s national intelligence director, citing husband’s health
Asia|Business|Economy|Environment|Finance|MidEast|Stock Markets|World

Wall Street keeps rising, even as U.S. households keep getting more discouraged

The split between Wall Street and most U.S. households keeps growing wider

Wall Street keeps rising, even as U.S. households keep getting more discouraged
Business|Economy|World

Angst over rising cost of living pushes US consumer sentiment to record low

U.S. consumer sentiment fell to a record low in May as surging gasoline prices linked to the Iran war intensified affordability concerns, highlighting

Angst over rising cost of living pushes US consumer sentiment to record low
Economy|Europe|MidEast|Political|World

France readies UN resolution on Hormuz as vote on US text stalls

France has drafted a U.N.

France readies UN resolution on Hormuz as vote on US text stalls
Business|Economy|Finance|Stock Markets|World

Dow hits first intraday record high since February

The Dow Jones Industrial Average hit an intraday record high on Friday, its first since the U.S.-Iran war began, as AI-driven trade and market optimism over negotiations to end the

Dow hits first intraday record high since February
Economy|MidEast|Political|World

Qatari negotiating team in Tehran to try to help secure US-Iran deal to end war, says source

A Qatari negotiating team arrived in Tehran on Friday in coordination with United States to try to help secure a deal to end the war with Iran and resolve outstanding issues, a

Qatari negotiating team in Tehran to try to help secure US-Iran deal to end war, says source
Economy|Europe|Political|World

EU in stagflationary trend, must not risk fiscal crisis, ministers say

Europe's economy is in a stagflationary trend due to the surge in energy prices caused by the Iran war, but governments must be

EU in stagflationary trend, must not risk fiscal crisis, ministers say
Economy|Europe|Finance|World

Pound softens as UK consumers cut spending, public finances worsen

The pound edged lower on Friday as uncertainty over the status of peace talks between the U.S. and Iran prompted investors to buy the dollar and after UK

Pound softens as UK consumers cut spending, public finances worsen
Business|Economy|Finance|World

When does this end?

World markets remain at the mercy of diplomacy as the Iran war approaches the end of its third month with no clear resolution in sight.

When does this end?
Business|Economy|Finance|World

UK retail sales drop by most in nearly a year as drivers buy less fuel

British retail sales fell by the most in nearly a year in April as fuel sales plummeted, according to official figures published on Friday that added to

UK retail sales drop by most in nearly a year as drivers buy less fuel
Business|Economy|Finance|Political|World

UK borrowing jumps as Reeves faces up to Iran war challenge

Britain's public finances showed the biggest shortfall since the COVID-19 pandemic in April in what could be an early taste of the budget hit facing

UK borrowing jumps as Reeves faces up to Iran war challenge
Business|Economy|Europe|Technology|World

Europe's AI stocks shine through gloom of Iran war

A strong rally in tech stocks has largely gone under the radar against a darkening backdrop for European equity markets as the energy shock triggered by

Europe's AI stocks shine through gloom of Iran war
MidEast|Political|US|World

US House Republicans cancel Iran war powers vote

Republican leaders of the U.S.

US House Republicans cancel Iran war powers vote
Business|Economy|Finance|World

Britons hold their nerve but turn warier about big spending plans, GfK says

British consumers have turned a little less downbeat this month but are the least willing to make big purchases in almost a year and a half, underscoring the fragile mood

Britons hold their nerve but turn warier about big spending plans, GfK says
Business|Economy|Finance|World

Average US long-term mortgage rate climbs to 6.51%, highest level in nearly nine months

The average long-term U.S. mortgage rate climbed this week to its highest level in nearly nine months, driving up borrowing costs for homebuyers during what’s traditionally the housing market’s busiest time of the year

Average US long-term mortgage rate climbs to 6.51%, highest level in nearly nine months
Business|Economy|Environment|Political|World

Oil prices close 2% lower on uncertain prospects for US-Iran deal

Oil prices were volatile on Thursday, ultimately settling about 2% lower as uncertainty over prospects for resolving the U.S.-Israeli

Oil prices close 2% lower on uncertain prospects for US-Iran deal
Business|Economy|Environment|World

Fishing boats worldwide stuck dockside as diesel prices surge on Iran war

Captain Chris Welch of Kennebunk, Maine, is catching

Fishing boats worldwide stuck dockside as diesel prices surge on Iran war
Business|Economy|Europe|Finance|World

Britain looks to boost tourist spots with temporary summer tax cut

British finance minister Rachel Reeves on Thursday announced a temporary cut in value-added tax for tourist venues over the summer to reduce

Britain looks to boost tourist spots with temporary summer tax cut
Business|Economy|World

US labor market shows resilience in face of war; housing still subdued

The number of Americans filing claims for unemployment benefits fell last week, pointing to labor market resilience and giving the Federal Reserve room

US labor market shows resilience in face of war; housing still subdued
Business|Economy|Environment|Finance|Stock Markets|World

Oil market could hit 'red zone' in July-August, IEA chief says

The start of peak summer fuel demand combined with the lack of new oil exports from the Middle

Oil market could hit 'red zone' in July-August, IEA chief says
Economy|Europe|Finance|World

Iran war drags European economy down, pushes prices up

The energy shock from the Iran war is seeping ever deeper into the European economy, presenting policy-makers with a dilemma as it

Iran war drags European economy down, pushes prices up
Business|Economy|Environment|Health|Science|Technology|Travel|World

Americans brace for pricey summer travel with fuel costs near multi-year highs

Soaring gasoline prices and a looming fuel crunch from the Iran war are not stopping American travelers from taking to the road as the U.S. summer driving

Americans brace for pricey summer travel with fuel costs near multi-year highs
Business|Economy|Environment|World

Vitol moves to open Mexico fuel terminal years after bribery scandal, document shows

Vitol, one of the world's biggest commodities traders, has held talks with service providers and is seeking permits to operate

Vitol moves to open Mexico fuel terminal years after bribery scandal, document shows
Business|Economy|World

UK firms report slide in activity due to Iran war and political turmoil

British companies are suffering their most widespread drop in activity in over a year due to the economic fallout from the Iran war and political

UK firms report slide in activity due to Iran war and political turmoil
Business|Economy|Europe|Finance|World

German private sector contracts for second month running, PMI shows

Germany's private sector activity contracted for a second consecutive month in May as the Iran war put the brakes on the country's economic recovery,

German private sector contracts for second month running, PMI shows
Arts|Business|Economy|Finance|MidEast|Stock Markets|US|World

From TACO to FOMO: How retail traders turned Trump-driven volatility into a playbook

A wave of retail-driven trading dynamics is reshaping how markets respond to U.S.

From TACO to FOMO: How retail traders turned Trump-driven volatility into a playbook
Arts|Economy|Entertainment|Lifestyle|Political|Travel|World

Iran war injects fresh urgency into Modi’s ‘Wed in India’ campaign

Iran war injects fresh urgency into Modi’s ‘Wed in India’ campaign

Iran war injects fresh urgency into Modi’s ‘Wed in India’ campaign
Asia|Business|Economy|Finance|Stock Markets|World

Dollar dips on hopes for Iran deal, yen near danger zone

The U.S. dollar retreated from a six-week high on Wednesday on rising hopes that the U.S. is nearing a deal with Iran to end the war in the Middle East.

Dollar dips on hopes for Iran deal, yen near danger zone
Business|Economy|Finance

Bank of England has time to gauge impact of Iran war, Bailey says

A rise in market interest rates since the start of the Iran war has given the Bank of England more time to assess the economic impact

Bank of England has time to gauge impact of Iran war, Bailey says
Business|Economy|Finance|Stock Markets

Discount retailer TJX raises annual forecasts as US shoppers hunt for value

TJX Cos raised its annual comparable sales and profit forecasts on Wednesday, banking on resilient demand at its off-price retail stores as budget-conscious consumers increasingly

Discount retailer TJX raises annual forecasts as US shoppers hunt for value
Business|Economy|Election|Finance|Political|US|World

The GOP's YOLO caucus is small but growing. That may spell trouble for Trump's congressional agenda

A small but growing group of Republican lawmakers is showing independence from President Donald Trump

The GOP's YOLO caucus is small but growing. That may spell trouble for Trump's congressional agenda
Business|Economy|Finance|World

US mortgage rates rise to 6.56%, MBA says

The rate on the most popular U.S. home loan rose last week to its highest in seven weeks, as concerns about inflation from higher oil prices and an uncertain outlook for the Iran

US mortgage rates rise to 6.56%, MBA says
Europe|MidEast|Political|World

Germany will deploy Patriot air defence system to southeast Turkey, Ankara says

Turkey said on Wednesday that Germany would send it a Patriot missile defence system for a six-month deployment from June to replace a system deployed as part of NATO

Germany will deploy Patriot air defence system to southeast Turkey, Ankara says
Business|Economy|Finance|Science|Stock Markets|Technology|World

As stocks slump, cue Nvidia

(Corrects paragraph 10 to say BoE kept interest rates on hold at its last meeting) A look at the day ahead in European and global markets from Kevin Buckland As if markets haven't been volatile enough

As stocks slump, cue Nvidia
Business|Economy|Finance|World

UK inflation dips in only temporary relief from Iran war impact

British inflation cooled by more than expected in April but the slowdown did little to mask a tough outlook for households, with global costs

UK inflation dips in only temporary relief from Iran war impact
Business|Economy|Environment|Europe|Technology

Europe EV sales leap as Iran war pushes up petrol pump prices

Demand for electric vehicles in Europe has surged as high fuel prices linked to the Iran war propel sales of

Europe EV sales leap as Iran war pushes up petrol pump prices
Business|Economy|Finance|Stock Markets|World

US stocks fall further from their records after bond markets crank up the pressure

The U.S. stock market gave back more of its record-setting rally

US stocks fall further from their records after bond markets crank up the pressure
Business|Economy|Finance|Stock Markets|World

The market powerful enough to sway stocks and Trump is rumbling again

The bond market is making noise again

The market powerful enough to sway stocks and Trump is rumbling again
Business|Economy|World

Auto industry braces for motor oil shortage

Auto industry braces for motor oil shortage

Auto industry braces for motor oil shortage
Australia|Business|Economy|Finance|World

Australia consumer sentiment edges up in May but remains gloomy

Australia's consumer sentiment rose in May as the oil shock triggered by the Iran war showed signs of easing slightly, but uncertainty over energy supplies and the third

Australia consumer sentiment edges up in May but remains gloomy
Business|Economy|World

Bank of England's Greene says central banks can't assume Iran war impact will be temporary

Bank of England interest rate-setter Megan Greene said central banks should

Bank of England's Greene says central banks can't assume Iran war impact will be temporary
Business|Economy|Finance|Stock Markets|US|World

US home builder sentiment ticks up in May but broad pessimism remains prevalent

U.S. home builder sentiment unexpectedly improved in May, but construction firm attitudes about the housing market remain subdued as the war in Iran stokes inflation pressures that

US home builder sentiment ticks up in May but broad pessimism remains prevalent
Europe|MidEast|Opinion|Political|World

Why the Iran war is breaking the US-European strategic alliance

European leaders are learning they cannot rely on Washington, and that the US will act against their interests and at their economic expense.

Why the Iran war is breaking the US-European strategic alliance
Americas|Political|Technology|US|World

US aircraft carrier returns home after record deployment that included Iran war, Maduro capture

US aircraft carrier returns home after record deployment that included Iran war, Maduro capture

US aircraft carrier returns home after record deployment that included Iran war, Maduro capture