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Top Stories

A bird flies over an Iranian flag on April 27, 2026.
Majid Asgaripour/Wana News Agency/Reuters
AI data centers have become sitting ducks in the Iran war
By David Goldman
‘Difficult’ to be hopeful: How people survive under one of the worst inflation rates in the country
Inflation is still hurting many working families nationwide, but in metro areas like Seattle, the pain is even more acute.
‘The time is now’: Investors gear up to enter Venezuela despite enormous risks
Some foreign oil companies and investment firms are moving to invest or expand their existing operations in Venezuela under acting President Rodríguez.
Here we go again. Why oil keeps tumbling even when the Iran war drags on
Sound familiar? A pause in fighting between the United States and Iran has given oil traders hope that a diplomatic resolution could restart the flow of oil traffic out of the Middle East.
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Your money

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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
  • A sign displays the price of unleaded gasoline at an Exxon gas station in Washington, DC, on May 21, 2026.
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    Exxon made $160 million per day last quarter as oil prices surged
    Jul 31, 2026
    ExxonMobil and Chevron, the two biggest US oil companies, reported gangbusters profits driven by the spike in global oil prices unleashed by the US-Iran war.
  • The Lutine Bell hangs in the center of the underwriting room at Lloyd's of London. The bell was recovered in 1858 from the wreck of the HMS Lutine, which sank in 1799.
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    Quills and conflict: How protection in the Strait of Hormuz is bought and sold
    Jul 10, 2026
    Inside a futuristic building in central London, leather-bound tomes contain quill-and-ink records of vessels lost at sea over the past 250 years.
  • President Donald Trump during a meeting with NATO Secretary General Mark Rutte at the NATO summit in Ankara, Turkey, Wednesday, July 8, 2026.
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    Trump is playing with economic fire by calling the peace deal with Iran ‘over’
    Jul 8, 2026
    Three weeks of fragile peace bought President Donald Trump some time and leverage over Iran. But not too much.

Affordability in America

Parma, OH
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I’ve spent years studying economic data. These Americans taught me what ‘affordability’ really means
By Phil Mattingly
  • An Amazon Web Services data center in Haymarket, Virginia, on Wednesday, July 9, 2025. Total power usage in the US is expected to climb 2.15% in 2026, spurred largely by a 5% spike from commercial users because of the expansion of data centers, according to a US Energy Department report released in June.
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    AI is making your life more expensive. Here’s how
    Jul 28, 2026
    AI is raising prices for Americans – and not just electricity bills.
  • Model homes in Palm Beach Gardens, Florida, US, on Monday, June 29, 2026.
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    A new law limits mega-investor home purchases. Will that make homes cheaper for Americans?
    Jul 12, 2026
    After years of backlash against Wall Street landlords, the federal government is taking its first step to limit large investors’ ownership of single-family homes.
  • Elara at the Market in Seattle’s Belltown neighborhood.
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    Seattle’s solution for the middle-class housing squeeze: government housing
    Jul 1, 2026
    The eight-story, 150-unit Elara at the Market looks like just another sleek apartment building in Seattle’s trendy Belltown neighborhood.

More top stories

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  • Vehicles drive past a Saudi Aramco gas station in Santiago, Chile, on March 27.
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    Oil companies are profiting from the US-Iran war. That’s a political headache for Trump
  • Sen. Elizabeth Warren speaks at a Senate committee hearing on July 22, 2026, in Washington, DC.
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    Exclusive: Elizabeth Warren demands SEC investigate if Trump’s memecoin is an ‘illegal scam’
The Paramount Pictures logo is displayed on the water tower in Los Angeles, California, on February 17, 2026.
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Paramount–Warner Bros. Discovery judge sets March 2027 trial date for antitrust fight
A federal judge has set a March 2027 trial date for the antitrust challenges to Paramount’s acquisition of Warner Bros. Discovery.
Analysis: David Ellison says he won’t bend CNN to his views
Paramount CEO David Ellison says he believes the fight over his Warner Bros. Discovery takeover “is not really about market share” — it’s about CNN.
The S&P 500 is back near record highs. Here’s why
US stocks surged Tuesday, putting the S&P 500 on track for its first record high since June.
McDonald’s sales in the US are slowing after deal fatigue
McDonald’s recently revved up the amount of deals and discounts it offers to attract more customers. That strategy seems to have hit a roadblock.
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Your Money

  • The IRS tax-filing deadline is tonight at 11:59 pm local time. If you're still trying to get your return in under the wire, having all your tax documents in order can make that easier. But if that's not possible, at least file for an automatic extension and pay whatever else you owe the IRS for 2024 by Tuesday night.
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Tech and AI

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Media

  • A visitor looks at the drained Lincoln Memorial Reflecting Pool, following renovations and Independence Day celebrations, in Washington, DC, on July 30.
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  • FCC chairman Brendan Carr has led the Trump administration’s targeting of ABC’s eight station licenses, which Disney has deemed a threat to the First Amendment.
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    Trump’s FCC targeted ABC. Viewers rushed to its defense
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  • President Donald Trump speaks during the rescheduled White House Correspondents Dinner in the Presidential Ballroom at the Waldorf Astoria on July 24, 2026.
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Housing

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  • Artist rendering of the Lunar Outpost Mobile Autonomous Prospecting Platform (MAPP) rover with Nokia antennas extended. The images, data and telemetry collected by MAPP will be sent back to the Nova-C lander over the Nokia 4G/LTE network and then relayed to Earth. Mission controllers in Colorado will issue commands to the rover over the same connection.
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