Labor-market weakness meets a geopolitical shock as the Iran war disrupts Persian Gulf shipping and sends oil prices higher. Our conversation with economist David Bahnsen
David Bahnsen on why sanctions without leverage were bound to fail on Iran, what markets are looking for in the Strait of Hormuz, and why both upside and left-tail risks still loom
Lawsuit challenges a rule that left nearly 50,000 apartments vacant
WORLD’s Lauren Smyth reports from New York on 50,000 vacant apartments and the market distortions of rent stabilization
David Bahnsen on how the Court may have done the White House a favor, what the administration gets wrong about “unchanged” tariff revenue, and what the latest numbers on GDP growth and inflation really show
