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Tariffs were already squeezing small businesses. Now the Iran conflict is pushing them to the brink as rising oil prices boost shipping costs |...
Three weeks into the Iran war, small businesses are starting to feel the pressure of the conflict, and experts say the worst may still be yet to come. Following the initial strikes on Iran in late February, U.S. businesses have...
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Trump says U.S. considers ‘winding down’ Iran military effort | Fortune
President Donald Trump said he was considering “winding down” US military efforts against Iran, saying that the US was close to achieving its objectives as the conflict, which has roiled financial markets and the region, nears a fourth week.“We...
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It’s looking like Trump’s war created a private oil lane for China and other countries willing to play ball with Iran | Fortune
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Iran is asserting control over the Strait of Hormuz even as the U.S. and Israel continue to bombard the country, first by bringing traffic to a near standstill with attacks on ships and then by choosing who can travel...
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The Middle East is one of the world’s fastest growing luxury markets—and the war in Iran may cut its sales in half, analysts say...
The Middle East’s thriving luxury sector isn’t immune to the war in Iran, and CEOs of top brands have their eyes on the region.“Clearly, we look close and every day on the situation,” Hugo Boss CEO Daniel Grieder said...
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Iran threatens to attack tourist sites across the world as Israel and U.S. kill top leaders | Fortune
Iran threatened to target recreational and tourist sites worldwide and insisted it was still building missiles. Friday’s show of defiance came nearly three weeks into U.S.-Israeli strikes that have killed a slew of Tehran’s top leaders and hammered its weapons and...
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As the U.S. gears up for a potential ground war in Iran, $100-plus oil threatens ‘demand destruction’ — starting in Asia | Fortune
Oil declined to $109 per barrel after Israel’s Benjamin Netanyahu said his forces would no longer target Iran’s energy infrastructure. Netanyahu also said Iran’s ability to enrich uranium had been destroyed—a key war goal. “This war ending a...
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Why my $150 million startup thinks it can solve the $406 billion loneliness problem | Fortune
Facebook, Twitter, and MySpace once promised to bring humanity closer together. They delivered something else entirely.The screen economy that emerged around these apps at extraordinary speed optimized for attention. Time spent and daily active users were the twin metrics...
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Supermicro’s co-founder was just accused of smuggling $2.5 billion in GPUs to China | Fortune
Federal agents on Thursday arrested Yih-Shyan “Wally” Liaw, a prominent Silicon Valley executive deep in the AI ecosystem who co-founded Supermicro in 1993 and is a close confidante of CEO and chairman Charles Liang. The stock tumbled roughly 12%...
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Gen Z’s straight‑A boom is quietly shrinking their paychecks | Fortune
Straight‑A report cards have never been more common for America’s teens—but the payoff is not what parents think. A new National Bureau of Economic Research study finds that when teachers hand out “easy A” grades, their students are more...
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Baked by Melissa’s founder is ‘so freaking thrilled’ to step down as CEO | Fortune
In a world of protein-maxxing and fiber-counting, it’s hard to remember a time when a baked good itself could be a fad.But a decade ago, people underwent a frenzy for cupcakes. Adults would line up around the block for...
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Trump says Ukraine war depleted U.S. weapons stockpiles, but as Iran takes that mantle, Kyiv sees opportunities
Kyiv — The White House wants Congress to provide at least $200 billion more in...