The war in Iran has cost the average American household $2,000 so far, according to estimates shared Monday by Mark Zandi, chief economist at Moody’s Analytics. “Consider that the war’s costs taken together have absorbed about half the average American household’s income gain over the past eight months,” Zandi wrote on X. “No wonder the…
Iran war costing US households average of $2K each: Moody’s
Originally reported by The Hill. Read the full story at the original source.
Related Articles
Saudi national arrested after allegedly hiding recording device in OpenAI office
An OpenAI employee from Saudi Arabia has been arrested after allegedly hiding a recording device in the company’s office...
Treasury fines Bank of America $1.2B for violating money laundering, sanctions law
The Treasury Department on Tuesday announced it was fining Bank of America more than $1.2 billion for violating anti-mon...
Zelensky and Burnham to meet in Downing Street
Image source, PA MediaImage caption, Burnham met Zelensky at the United Nations General Assembly in New York last monthB...
UAW’s Shawn Fain Wins Second Term as President
The United Auto Workers has grown under Mr. Fain, who has also drawn scrutiny from federal prosecutors.