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Specialist Anthony Matesic, left, and trader Patrick Casey work on the floor of the New York Stock Exchange, Tuesday, Nov. 18, 2025. (AP Photo/Richard Drew)
Mar 13, 2026

Wall Street closes lower, posts weekly loss as war on Iran fuels inflation worries

Wall Street stocks closed lower amid escalating Iran conflict, causing oil price surges and inflation worries, impacting U.S. markets and economic outlook.

FILE PHOTO: Kevin Warsh, Fellow in Economics at the Hoover Institution and lecturer at the Stanford Graduate School of Business, speaks during the Sohn Investment Conference in New York City, U.S., May 8, 2017. REUTERS/Brendan Mcdermid/File Photo
Mar 13, 2026

Warsh’s room to move at the Fed may narrow in a war-clouded outlook

Kevin Warsh's potential to ease Fed monetary policy is limited by rising oil prices and inflation risks amid the Iran conflict, delaying expected rate cuts.

Futures-options traders work on the floor at the New York Stock Exchange's NYSE American (AMEX) in New York City, U.S., March 9, 2026. REUTERS/Brendan McDermid
Mar 12, 2026

Wall St ends sharply lower as intensifying Iran war, soaring crude prompt selloff

U.S. stocks dropped sharply amid escalating Iran conflict and crude oil prices nearing $100 per barrel, raising inflation fears and market selloff.

U.S. dollar banknotes are seen in this illustration taken March 19, 2025. REUTERS/Dado Ruvic/Illustration
Mar 12, 2026

Dollar nears 2026 highs as volatile oil fans inflation spike fears

The U.S. dollar approaches its highest level since 2026 amid rising oil and gas prices, prompting inflation concerns and potential central bank rate hikes.

Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., March 5, 2026. REUTERS/Brendan McDermid
Mar 11, 2026

S&P 500, Dow end lower as escalating Iran war sours risk appetite

U.S. stocks closed lower amid escalating Iran conflict, rising oil prices, and inflation concerns despite a moderate CPI report. Dow fell 0.61%, Nasdaq gained 0.08%.

People shop at Zabar's supermarket in New York City, U.S., November 26, 2025. REUTERS/Jeenah Moon
Mar 11, 2026

US consumer inflation steady before Iran conflict drives up oil prices

U.S. consumer prices rose moderately in February with steady rents and rising gasoline costs before the Iran conflict escalated oil prices. Inflation remains steady but geopolitical risks loom.

Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., March 5, 2026. REUTERS/Brendan McDermid
Mar 5, 2026

Wall Street closes down as Middle East fears push US oil up 8%

U.S. stocks declined amid Middle East tensions, pushing crude oil prices up 8.5% to $81 per barrel, raising inflation and Federal Reserve rate cut concerns.

Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., March 2, 2026. REUTERS/Brendan McDermid
Mar 3, 2026

Wall Street indexes end lower as Middle East conflict fans inflation fears

Wall Street indexes closed lower as the Middle East conflict escalates, raising concerns over inflation and energy prices amid volatile oil markets.

US dollar firms on renewed inflation risks; market pares back rate-cut outlook 
Mar 3, 2026

US dollar firms on renewed inflation risks; market pares back rate-cut outlook 

The US dollar strengthened against major currencies due to Middle East conflict and inflation fears, causing markets to delay expected interest rate cuts.

Banking | Finance 2025: ASBURY, JOHN C.
Mar 1, 2026

2026 Virginia Power 50 List: THOMAS I. BARKIN

PRESIDENT AND CEO FEDERAL RESERVE BANK OF RICHMOND RICHMOND

A "Now Hiring" sign hangs in the window of a hair salon in the Greater Boston town of Medford, Massachusetts, U.S., August 12, 2025. REUTERS/Brian Snyder
Feb 26, 2026

US weekly jobless claims rise slightly

US weekly jobless claims increased slightly to 212,000 for the week ending February 21, reflecting a stable labor market despite hiring hesitancy and AI-related layoffs.

People line up outside a Kentucky Career Center hoping to find assistance with their unemployment claim in Frankfort, Kentucky, U.S. June 18, 2020. REUTERS/Bryan Woolston
Feb 23, 2026

Fed’s Waller: January jobs data an upside surprise, if it continues a policy pause may be appropriate

Federal Reserve Governor Christopher Waller considers pausing interest rate hikes if February jobs data confirms stronger labor market after January's upside surprise.

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