From war to weather: A ‘super El Niño’ event poses fresh risks to global food costs
[ad_1] A batch of exported urea fertilizers is being concentrated at the port for shipment at Yantai Port in Shandong Province, China on March 26, 2026. Cfoto | Future Publishing | Getty Images An unusually powerful El Niño later this year could exacerbate food security fears as disruption caused by the Iran war strains supply […]
Danone CEO flags price uncertainty as Iran war escalates: ‘Nobody knows’ how conflict will play out
[ad_1] A woman shops for prepared food at Eataly March 19, 2026 in the Manhattan borough of New York City. Robert Nickelsberg | Getty Images Danone’s CEO told CNBC that inflationary pressures from the Iran war may force the company to consider price hikes as the outlook for conflict in the Middle East remains highly […]
U.S. fighter jet downed in Iran, search is on for crew, official says
[ad_1] A U.S. Air Force F-15E Strike Eagle on 16 July 2020. Nurphoto | Nurphoto | Getty Images The U.S. was searching for the crew of an American fighter jet Friday after it was downed in Iran, a U.S. official told MS NOW. It isn’t clear if the plane was shot down or went down […]
It’s not just oil and gas. The Strait of Hormuz blockage is rattling another vital commodity
[ad_1] Workers unload urea fertilizer from a cargo ship in Yantai Port, Shandong Province, China on March 13, 2026. Cfoto | Future Publishing | Getty Images Farmers in the northern hemisphere are heading into the crucial spring months, during which major fieldwork must begin. Their peers in the south, meanwhile, are busy harvesting crops before […]
Elizabeth Warren demands answers on costs, economic impact of ‘illegal and reckless war’
[ad_1] Senator Elizabeth Warren, a Democrat from Massachusetts and ranking member of Senate Banking, Housing, and Urban Affairs Committee, speaks during a hearing in Washington, DC, US, on Thursday, Feb. 12, 2026. Stefani Reynolds | Bloomberg | Getty Images Sen. Elizabeth Warren is demanding answers to economic questions surrounding the Iran war, ticking off a […]
Iran war-induced fertilizer shortage threatens Republicans in farm states ahead of midterms
[ad_1] Garrett Mauch spreads manure as fertilizer on fields at his family’s farm in Lamar, Colorado, on January 21, 2026. RJ Sangosti | The Denver Post Via Getty Images | Denver Post | Getty Images The Strait of Hormuz shutdown caused by the war in Iran is jacking up fertilizer prices, hitting farmers in their […]
Wholesale prices rose 0.7% in February, much more than expected and up 3.4% annually
[ad_1] Wholesale prices rose sharply in February, providing another sign that inflation continues to percolate even aside from rising energy costs. The producer price index, a measure of pipeline costs that producers receive for their products, increased a seasonally adjusted 0.7% on the month, the Bureau of Labor Statistics reported Wednesday. Excluding volatile food and […]
Warren calls Trump’s bluff on affordability after State of the Union
[ad_1] Ranking member Sen. Elizabeth Warren, D-Mass., questions Treasury Secretary Scott Bessent during the Senate Banking, Housing and Urban Affairs Committee hearing titled “The Financial Stability Oversight Council’s Annual Report to Congress,” in Dirksen building on Thursday, Feb. 5, 2026. Tom Williams | CQ-Roll Call, Inc. | Getty Images Democratic Sen. Elizabeth Warren is calling […]
Trump to hike global tariffs to 15% from 10%, ‘effective immediately’
[ad_1] U.S. President Donald Trump speaks during a press briefing held at the White House February 20, 2026 in Washington, DC. Kevin Dietsch | Getty Images News | Getty Images President Donald Trump on Saturday said he would increase global tariffs to 15% from 10%, one day after the Supreme Court struck down his “reciprocal” […]
Supreme Court strikes down Trump tariffs, rebuking president’s signature economic policy
[ad_1] The Supreme Court on Friday struck down a huge chunk of President Donald Trump’s far-reaching tariff agenda, delivering a major rebuke of the president’s key economic policy. The law that undergirds those import duties “does not authorize the President to impose tariffs,” the majority ruled 6-3 in the long-awaited decision. The ruling is a […]