Some economists cautioned the U.S. economy would be able to absorb the shock of the Iran war.

Some economists cautioned the U.S. economy would be able to absorb the shock of the Iran war.

Economists have pulled up their risk assessments of a contraction amid heightened uncertainty over geopolitical risk and a labor market slump.

As oil steadily climbs above $100 per barrel and Iran rejects a U.S. peace proposal, Moody’s chief economist says recession odds are only getting worse.

A survey found middle-class Americans were “buffeted” by surging gas prices and “volatile” financial markets brought on by the Iran war.