BlackRock’s CEO Larry Fink states that the war in Iran won’t impact the economy, even with rising gas prices.
Larry Fink, CEO and Chairman of BlackRock, shared his thoughts on the U.S. conflict with Iran, asserting that it won’t have a lasting economic impact, despite rising oil prices in the U.S. “Do you think this war will drag on? I don’t,” Fink said during an interview on Fox News with Bret Baier. “Will oil […]
Iran’s Military Strength ‘Carefully Destroyed’ — War ‘Concludes on Our Schedule,’ No ‘Unending Nation-Building’
Operation Epic Fury Update On Tuesday, Army Secretary Pete Hegseth reported that as Operation Epic Fury reaches its tenth day, Iran’s military capabilities are facing significant degradation. He assured that the operation would conclude “on our schedule and by our choice.” Additionally, he rejected any claims that this might escalate into a longer conflict in […]
Larry Fink encourages investors to increase their purchases during market volatility from the Iran War.
BlackRock’s Larry Fink on Iran War and Economic Impact Larry Fink, Chairman and CEO of BlackRock, stated that the ongoing U.S. war on Iran will not have a lasting economic impact, despite rising oil prices in the United States. In an interview, Fink expressed his belief that the war will not persist for long. He […]
Inflation remained stable in February, but the war in Iran could rise prices again.
Even though inflation seemed stable in February before the war with Iran, there’s concern among economists that the conflict might lead to an energy crisis, which could complicate the Federal Reserve’s plans to lower interest rates. The Consumer Price Index climbed 2.4% in February compared to the previous year, matching January’s rate of increase, as […]
New Supreme Leader Mojtaba Khamenei sustained a broken foot and facial injuries on the first day of the Iran war, according to reports.
Mojtaba Khamenei, recently appointed as Iran’s supreme leader, reportedly sustained a broken leg, a bruised eye, and facial lacerations during the initial round of airstrikes by the United States and Israel. The injuries occurred on February 28 while Khamenei was in a heavily protected area, according to an Iranian official’s statement. This marks the first […]
Iran War Bill Now Larger Than DOGE Cuts Approved by Congress
The U.S. military has reportedly spent over $5 billion on munitions within the first two days of Operation Epic Fury, which is more than the $9.4 billion reductions outlined in the Department of Government Efficiency (DOGE) cuts approved by Congress. Initiated on February 28, the military operation aimed at Iran specifically targeted the headquarters and […]
Dow drops 500 points, oil approaches $90 as concerns about war in Iran worry Wall Street
Stocks declined on Wednesday, with the Dow Jones Industrial Average dropping 300 points as oil prices began to climb once more. The Dow finished down 0.7% at 47,392, while the Nasdaq Composite Index dipped 0.1%. The S&P 500 also fell by 0.2%, which is somewhat unusual given the recent volatility spurred by the conflict in […]
Long Lines for Gas in China — People from Hong Kong Hurrying Over the Border as War in Iran Poses Supply Risks
This week, large gas pipelines are reportedly being installed in China, prompting Hong Kong residents to rush across the border to fill up their tanks amid concerns about rising prices and potential shortages linked to the ongoing crisis in Iran. Drivers weren’t just panicking over hearsay; the Chinese government has made it official. A significant […]
Tim Kaine pledges to push for a vote on a resolution to limit war powers regarding Iran.
Sen. Tim Kaine Pushes for War Powers Resolution Over Iran Conflict Senator Tim Kaine, a Democrat from Virginia, is determined to initiate a vote on the War Powers Resolution aimed at stopping further military actions against Iran. Notably, some House Republicans, including Thomas Massey of Kentucky, have expressed their support for curtailing hostilities. It seems […]
Strikes on Iran by Trump lead to a joint effort in Congress to restrict war powers.
In light of President Donald Trump’s military actions against Iran, there’s growing bipartisan pressure in Congress aimed at limiting his war powers. Lawmakers from both parties are now seeking a vote on a resolution that would restrict the president’s authority to engage in military operations in the region. Even before recent events, members of Congress […]