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The Latest Breaking News from Mark Zandi

Ro Khanna Slams Trump’s Tariffs, Iran Policy and Tax Breaks— Says 'Trumponomics' Is Hitting American Families With $3,500 More in Annual Costs

Rep. Ro Khanna (D-Calif.) accused President Donald Trump of increasing financial pressure on American households, claiming his administration’s policies have added thousands of dollars in annual costs for families.

Benzinga

Trump admin refunds $81B in tariffs after his key trade policy was struck down by Supreme Court

Donald Trump’s signature economic strategy was overturned by the highest court in the U.S. earlier this year, leading him to rage at the justices and say he was ‘absolutely ashamed’ of them

The Independent UK

US job cuts: Moody's chief economist Mark Zandi sees 'big warning' signs in June data. Here's why he's worried about the labour market

Economists question the strength of the June US jobs report. Mark Zandi notes falling labor force participation drove the unemployment rate down. Household survey data shows a continued decline in employed individuals. An adjusted unemployment rate now exceeds five percent according to Zandi. Other economists also express concerns about the…

The Economic Times

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The Stock Market Keeps Climbing. But the U.S. Economy is Moving at a Slower Pace

The U.S. stock market is thriving with record accomplishments. At the same time, the economy appears to be slowing down.

International Business Times

Mark Zandi Says June Jobs Report Was Weaker Than It Looked as Labor Force Participation Fell

Economist Mark Zandi argued that the June employment report painted an overly optimistic picture of the U.S. labor market, saying several underlying indicators point to a much weaker economy than the headline figures suggest.

Benzinga

Trump Wants the US Economy Growing at Over 12% and Says the Fed Keeps Trying To 'Kill It' With Higher Rates

President Donald Trump has advocated for more flexibility in the Federal Reserve’s approach to interest rates and economic growth.

Benzinga

‘It’s fair to ask whether it was worth it’: The Iran war has cost Americans $1,000 per household—and that’s a conservative estimate, Mark Zandi says

Gas prices, higher interest rates, and taxpayers covering military costs are adding up to quite the bill for American households.

Fortune

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The richest 20% are the only ones powering the U.S. economy, says top economist, but their prospects are entirely reliant on teetering stock prices

"Given how important the well-to-do are to spending and the economy, and the importance of surging stock prices to the well-to-do, it is critical to consider the durability of the runup in stock prices."

Fortune

Collapse is near: Trump's window to resolve Iran crisis closing fast

West Asia tensions are escalating, impacting global markets. Iranian attacks and US strikes near the Strait of Hormuz are disrupting oil supplies. Economists warn of a significant economic shock if a US-Iran agreement remains elusive. This conflict threatens jobs and economic growth worldwide, particularly in Europe and Asia. The world…

The Economic Times

What Is Trump's Iran War Costing Americans? New Study Has An Answer

Moody's Analytics reports that Trump's military action in Iran has cost U.S. households $100 billion (£79 billion), largely due to higher energy prices, with middle- and lower-income families most affected.

International Business Times UK

Here’s the impact of Trump’s Iran war on your household budget

Economists warn the financial strain will weigh heavily on middle and lower-income families

The Independent UK

Iran War has cost U.S. families $100 billion between increased military funding and higher oil prices, finds Moody's

"With the saving rate about as low as it ever goes ... [consumers] will have little choice but to rein in their spending, weighing further on the already sagging economy."

Fortune

U.S. Households Have Paid Nearly $450 More Since Iran War Began, Analysis Shows

Americans have paid nearly $450 more per household in fuel-related costs since the start of the U.S.-Iran war, a new analysis shows.

International Business Times

Americans have paid an additional $59 billion in inflated fuel prices since Trump started his Iran war

The extra $450 spent by each US household has already eaten up this year’s $380 increase in the average tax refund

The Independent UK

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The Independent UK

Trump’s tariffs have done ‘significant damage’ to US economy, top financial group warns

‘The U.S. economy is resilient, but just how resilient is set to be tested,’ the chief economist at Moody’s Analytics said

Fortune

A year on from Liberation Day, Trump's tariffs have done 'significant damage' to the U.S. economy, says Moody's chief economist

"Since that day, job growth has come to a standstill," Zandi says.

Fortune

You had a miserable 2025 because of tariff inflation. The Iran war will be even worse, top economist says

One year after Liberation Day, tariffs have frozen hiring and fueled inflation. Now, Moody’s Mark Zandi sees the war in Iran threatening to deepen the damage.

Fortune

The global economy has a month—eight weeks at most—to avoid a recession, warns top economist

“The irony in all this is that the U.S., which started the war, does better in relative terms than anybody else because of its energy supplies.”

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Fortune

Good news: Rumors of a K-shaped economy have been overblown so far, says Goldman Sachs. Bad news: 2026 is when it will really bite

“There are a lot of people out there who can no longer afford perhaps the most quintessential component of the American Dream, which is property ownership. So they’re being forced to rent, and it’s showing up in prices.”

International Business Times

Tariff Refunds Set To Bypass Consumers As Companies Keep Payouts, CFO Survey Finds

Despite possible tariff refunds following court rulings, companies are preparing to retain any repayments rather than pass benefits on to households, according to CFO survey data and economists.

Fortune

The job market is so bad, workers now think they have worse odds of finding a role than during the pandemic

Data from the Federal Reserve Bank of New York shows that Americans are increasingly pessimistic about their job prospects.

Fortune

Top economist Mark Zandi says the indicator that has called every recession since WWII just signaled we're already in one

The Vicious Cycle Index is a recession indicator that takes labor force participation changes into consideration. The top economist at Moody’s Analytics said it’s flashing red.

Fortune

How the Iran war adds to the U.S. K-shaped economy through higher gas prices

Americans could be on the hook for an extra $8 billion in gas prices, and some families will feel it more than others.

The Independent UK

Worries about global economic pain deepen as the war in Iran drags on

U.S. and Israeli attacks on Iran have darkened the outlook for the world economy

Fortune

New York is home to 154 billionaires. Together they're worth $975.7 billion—and some of them are even making $2 million an hour

It would take the typical New York private-sector worker 82,863 years to earn as much as one of the 10 wealthiest billionaires did last year on average, according to a new Oxfam America report.

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