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I’ve spent years studying economic data. These Americans taught me what ‘affordability’ really means
By Phil Mattingly
Iran appears to be preparing a major test of America’s blockade
Just before the United States reimposed its naval blockade of Iranian ports Tuesday afternoon, Iran appeared to be readying blockade-busting vessels in the Persian Gulf that could attempt to evade US military forces.
China misses growth target for first time since Covid as Iran turmoil roils global trade
China is struggling to offset economic challenges both at home and abroad, as its economy grew at a slower-than-expected pace in the second quarter of the year.

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War in Iran

Children wade in the water with cargo ships at anchor in the background and a fisherman nearby, in the Strait of Hormuz off Bandar Abbas, Iran, on June 30, 2026.
Amirhosein Khorgooi/ISNA/AP
The war with Iran has become a battle about a tollbooth. Free seas are at risk
By Hanna Ziady and David Goldman
The world no longer has an oil problem. It has a gasoline problem
By David Goldman

Affordability in America

A customer shops at a grocery store in Chicago, Thursday, June 25, 2026. (AP Photo/Nam Y. Huh)
Nam Y. Huh/AP
Don’t be fooled: America’s inflation problems aren’t going away anytime soon
By Alicia Wallace and David Goldman

More top stories

A phone screen displays the Truth Social app in Washington, DC, on February 21, 2022.
Stefani Reynolds/AFP/Getty Images
Truth Social will sell Wall Street quicker access to posts
Truth Social will sell Wall Street firms quicker access to market-moving posts from President Donald Trump, the company said on Thursday.
Gas is nearly $4 again and diesel just topped $5. It’s not what you think
US gas prices have rocketed higher during the on-again, off-again war with Iran.
Retail sales last month rose less than expected
Spending at US retailers last month was weaker than expected, despite the World Cup drawing tourists from around the world and online sales events.
US announces new 25% tariffs on Brazil for ‘unfair’ trade practices
The United States plans to impose a 25% tariff on some Brazilian imports from next week, after a yearlong investigation concluded that the country had engaged in “unfair” trade practices.

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