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President Donald Trump announced the United States would apply its own blockade of the Strait of Hormuz in retaliation for Iran’s de facto shutdown, which is now stretching into its seventh week. But, as Andrew Chang explains, responding this way … Continue reading →

US Consumer sentiment sank about 11% this month, extending a decline that began with the start of the Iran conflict, and is currently about 9% below a year ago. Demographic groups across age, income, and political party all posted setbacks … Continue reading →

Markets are celebrating that the United States and Iran agreed to a two-week ceasefire amid ongoing negotiations.  So far, the parties seem worlds apart, especially on issues like Iran continuing its nuclear program. But we all hope for a sane … Continue reading →