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President Donald Trump has brazenly engaged in what appears to be insider trading. A bombshell story published in Bloomb...
05/29/2026

President Donald Trump has brazenly engaged in what appears to be insider trading. A bombshell story published in Bloomberg on May 14, 2026, revealed that Trump made thousands of stock trades in the first quarter of this year with companies connected to the government. This isn’t fake news. Bloomberg analyzed publicly available information from the U.S. Office of Government Ethics regarding Trump’s financial disclosures—information that Trump was forced to divulge because of a government regulation called the STOCK Act.

Bloomberg summarized its findings, stating that “President Donald Trump’s latest financial disclosures show that he or his investment advisers made more than 3,700 trades in the first quarter, a flurry totaling tens of millions of dollars and involving major companies that have dealings with his administration.”

Insider trading is blatantly illegal. Among the flood of Trump’s highly questionable, unethical, immoral, and criminal dealings, this one may be the most egregious.

https://www.counterpunch.org/2026/05/29/as-americans-struggle-trumps-wealth-soars/

U.S. consumer prices climbed sharply again last month as the 10-week war with Iran delivered higher gasoline prices and ...
05/15/2026

U.S. consumer prices climbed sharply again last month as the 10-week war with Iran delivered higher gasoline prices and more pain for Americans.

The Labor Department's consumer price index rose 3.8% from April 2025, the biggest jump in three years, and up from a 3.3% year-over-year gain in March. On a month-to-month basis, April prices rose 0.6% from March as gasoline prices rose 5.4%, according to the data released Tuesday. The month-over-month gain was down from 0.9% increase in overall prices from February to March, when the initial shock of the war hit the U.S. economy.

Labor Department figures showed that gasoline prices are up more than 28% compared with a year ago. However, the AAA motor club listed the average regular gallon of gasoline above $4.50 on Tuesday, about 44% more than it cost last year at this time.

https://www.pbs.org/newshour/economy/iran-war-hits-home-as-gasoline-prices-fuel-significant-u-s-inflation-jump

The price of a gallon of regular gasoline climbed 31 cents in the past week, spiking to an average of $4.48 per gallon T...
05/08/2026

The price of a gallon of regular gasoline climbed 31 cents in the past week, spiking to an average of $4.48 per gallon Tuesday, according to AAA, hitting the wallets of drivers after rising 50% since the war with Iran began.

The main reason drivers are paying more at the pump is because of the global energy crisis caused by the Iran War. The price of crude oil, which is the main ingredient in gasoline, has been climbing for most of the past two months because the Strait of Hormuz, the narrow passage of the Persian Gulf through which a fifth of the world's crude oil normally passes, has effectively been shut, and oil tankers have been stranded there unable to deliver crude.

https://www.pbs.org/newshour/economy/u-s-gasoline-prices-rise-50-since-the-start-of-the-iran-war

After ticking down for nearly two weeks, gas prices are going back up again with the national average seeing a 27-cent h...
05/01/2026

After ticking down for nearly two weeks, gas prices are going back up again with the national average seeing a 27-cent hike in one week.

The national average is $1.12 higher than it was this time last year.

Oil prices surge above $100/barrel with no indication of when the Strait of Hormuz will reopen.

There is no end in sight.

Gas prices will keep rising.

Americans are becoming restless.

Reality is getting harder for Maga to ignore.

https://gasprices.aaa.com/oil-prices-spike-national-average-up-nearly-30-cents-in-one-week/

A race is on to see whose economy breaks first in the war with Iran.President Donald Trump is using a U.S. naval blockad...
04/24/2026

A race is on to see whose economy breaks first in the war with Iran.

President Donald Trump is using a U.S. naval blockade to slowly strangle Iran’s economy to force the country’s leaders to relent — a process that could take weeks or even months. Meanwhile, Iran is betting that its closure of the Strait of Hormuz will send oil prices soaring and inflict enough pain on the U.S. economy to force Trump to back down — a risk that oil analysts say could be just a few weeks away from playing out.

Who blinks first in the standoff could determine whether the eight-week war ends soon or escalates into something worse. It is a new stage of a conflict that points to prolonged pain for Iranians, Americans and a global economy that is being starved of critical energy supplies.

https://www.ms.now/news/iran-war-gas-prices-trump-economy-blockade-hormuz

Roughly seven weeks into the war with Iran, investors have shrugged off the sky-high price of oil, sending the S&P 500 t...
04/17/2026

Roughly seven weeks into the war with Iran, investors have shrugged off the sky-high price of oil, sending the S&P 500 this week to a fresh record high.

That exuberance on Wall Street has offered a sharp contrast with the hardships facing many Americans, who are feeling the financial blowback of a conflict that President Trump once promised would be brief but seems to have no end in sight.

With high gas prices cutting deeply into many families’ budgets, the U.S. economy is under increasing strain, raising the odds that inflation will worsen, unemployment will rise and growth will slow this year.

Under Mr. Trump’s original timeline, America’s entanglement in the Middle East was supposed to have been completed by now, paving the way for a swift reduction in energy costs that have roiled consumers and businesses around the world.

https://www.nytimes.com/2026/04/16/us/politics/trump-economy-iran-war.html

Although the Trump administration announced Tuesday it had reached a provisional two-week ceasefire with Iran, global s...
04/10/2026

Although the Trump administration announced Tuesday it had reached a provisional two-week ceasefire with Iran, global supply chains will still be reeling for months from the conflict and its upheaval to oil and gas production.

Some consequences of the war—such as a higher baseline level of risk in the Persian Gulf region—will likely persist even if traffic again flows through the Strait of Hormuz and oil production comes back online, resulting in higher costs for shipping, fuel, and other commodities.

The Trump administration’s war of choice caused unnecessary loss of life, displaced civilians, and has seen both sides damage critical infrastructure across the region.

The war accomplished none of the Trump administration’s objectives, unclear as they were.

Iran is now led by a more defiant, hardline leader; it retains enriched uranium stockpiles; it is in a position to rebuild its weapons arsenal; and now it has effectively established control over the critical Strait of Hormuz.

The war has also been economically costly.

As of late March, it had cost the U.S. government an estimated $25 billion, with costs beyond that estimated at around $500 million per day.

With uncertainty being the only certain thing in the near future, will this war end in peace, or intervention of the tyranny of Trump?

https://www.americanprogress.org/article/trumps-war-may-be-over-but-the-economic-damage-is-not/

The Iran war is adding fresh pressure to a slowing U.S. labor market, with at least one major employer already freezing ...
04/03/2026

The Iran war is adding fresh pressure to a slowing U.S. labor market, with at least one major employer already freezing hiring plans.

Consumer goods giant Unilever, which owns brands such as Dove and Vaseline, told CBS News on Tuesday that it's hitting the brakes on hiring amid an unstable economic backdrop. In a memo obtained by Reuters, a Unilever executive pointed to "macroeconomic and geopolitical realities, especially in the Middle East conflict" as the reason for the company's three-month hiring freeze.

Even before the Iran war began, the U.S. hiring rate had slowed, with the February Job Openings and Labor Turnover Survey hitting its lowest level since 2020.

Employers across the U.S. shed 92,000 jobs in February, a sharp and unexpected setback in a labor market marked by anemic job growth during the past year as businesses grappled with tariffs and economic uncertainty.

https://www.cbsnews.com/news/iran-war-jobs-impact-unilever-hiring-freeze/

Conflict in the Middle East has disrupted the global oil supply chain, causing gas prices to soar. In the US, the averag...
03/27/2026

Conflict in the Middle East has disrupted the global oil supply chain, causing gas prices to soar. In the US, the average price for a gallon of gas hit $3.59 earlier this month, according to AAA, up $0.65 from last month and $0.51 from last year.

Gas prices are rising at a time when companies have been pushing for more in-office attendance, and employees have been largely dissatisfied with their commutes. If the trend continues, it may create recruitment and retention issues for HR pros, Ron Porter, a senior partner at consulting firm Korn Ferry, told HR Brew.

“If you’re an employer, and you’ve got people who are on the edge of, let’s say, ’Is this job affordable? Are there other things I could be doing instead of this?’ You could have some risk of some turnover,” Porter said. “This may have been a problem that existed before. It’s just being exacerbated now with the oil crisis.”

https://www.hr-brew.com/stories/2026/03/24/as-gas-prices-rise-companies-may-rethink-in-office-attendance-requirements

The war in Iran has delivered what economists call a “black swan” event — an unforeseen shock so destructive, no one is ...
03/20/2026

The war in Iran has delivered what economists call a “black swan” event — an unforeseen shock so destructive, no one is immune to it.

While the so-called kinetic war plays out in the Middle East, where hundreds of civilians have been killed, an economic earthquake is radiating outward from the Persian Gulf. Virtually everyone is about to feel its impact.

“No one’s a winner in this situation,” said Josh Lipsky, chair of international economics at the Atlantic Council.

https://www.cnn.com/2026/03/20/business/asia-europe-economy-iran-war

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