Wall Street Posts Worst Week Since Start of Iran Conflict
Major US indexes tumbled sharply as escalating Iran tensions, surging oil prices, and investor flight to safety produced Wall Street's worst weekly loss since hostilities began.
14 min read
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Catherine Liu
Senior Business Reporter
Senior Business Reporter covering markets, economy, and finance. 10 years. Wharton MBA. Previously at Bloomberg, Business Insider, Fortune, and Fast Company.
Articles by Catherine Liu (14)
Dow Confirms Correction as Middle East Tensions Drag
The Dow Jones Industrial Average officially entered correction territory, falling more than 10% from its December peak as geopolitical risk reprices US equities.
13 min read
S&P 500 Extends Losing Streak to Five Straight Weeks
The S&P 500 closed lower for a fifth consecutive week as defense and energy stocks outperformed while technology and consumer discretionary sectors bore the brunt of losses.
13 min read
Goldman Raises Recession Odds to 30% on Oil Price Surge
Goldman Sachs economists lifted their US recession probability to 30% after Brent crude topped $105 a barrel, warning that sustained energy costs will squeeze consumer spending.
15 min read
OECD Says Iran War Erases Global Growth Upgrade
The OECD reversed its earlier growth upgrade for 2026, warning that the Iran conflict has added 0.4 percentage points to global inflation and shaved GDP forecasts worldwide.
14 min read
Q4 GDP Revised Down to 0.7% as Core Inflation Hits 3.1%
The Bureau of Economic Analysis revised fourth-quarter GDP growth down to an annualized 0.7%, while core PCE inflation was marked up to 3.1%, complicating the Fed's rate path.
15 min read
UK Forecast to See Biggest Growth Hit From Iran War
The OECD projects the United Kingdom will suffer the largest GDP hit among G7 nations from the Iran conflict, with growth slashed to 0.6% as energy costs and trade disruption bite.
16 min read
Best High-Yield Savings Accounts for March 2026
With the Fed holding rates steady, the best high-yield savings accounts still pay above 4.50% APY. We compare top offers from online banks and credit unions for March 2026.
17 min read
How Much Are Americans Actually Saving? A Data Breakdown
Federal Reserve data shows median American savings fell 12% in 2025 as inflation eroded purchasing power, with stark generational and regional divides shaping the savings landscape.
15 min read
Mortgage Rates Jump to 6.38% as Iran War Hits Housing
The 30-year fixed mortgage rate climbed to 6.38% as Treasury yields spiked on Iran war uncertainty, pushing monthly payments higher and sidelining first-time homebuyers.
14 min read
Housing Market Predictions 2026: When Will Prices Drop?
Economists at NAR, Zillow, and Redfin offer competing forecasts on whether home prices will finally decline in 2026 as inventory rises and affordability reaches historic lows.
15 min read
March 2026 Housing Market Forecast for Buyers and Sellers
Spring inventory is arriving faster than expected, but rising mortgage rates and geopolitical uncertainty are keeping buyers cautious. Here is what March data tells us.
14 min read
Bitcoin Slides to March Low Amid Rising Treasury Yields
Bitcoin dropped below $68,000 for the first time since February as rising 10-year Treasury yields and risk-off sentiment pushed investors away from speculative assets.
16 min read
Bitcoin Holds $70K as Ethereum Jumps on Staked ETF Launch
Bitcoin stabilized above $70,000 while Ethereum surged 8% after the SEC approved the first staked Ether ETF, marking a new chapter for institutional crypto adoption.
15 min read