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US President Trump: (Regarding Iran) I believe both economic warfare and military strikes are effective.

2026-08-26

US President Trump: (Regarding Iran) I believe both economic warfare and military strikes are effective.

Other News
2026-08-26

BEA second estimate: real GDP rose at a 1.5% annualized rate in Q2, unchanged from the advance estimate and after a 2.1% increase in Q1. Personal consumption rose 3.4% annualized (initially 3.2%). Nonresidential fixed investment increased 8.5% annual

BEA second estimate: real GDP rose at a 1.5% annualized rate in Q2, unchanged from the advance estimate and after a 2.1% increase in Q1. Personal consumption rose 3.4% annualized (initially 3.2%). Nonresidential fixed investment increased 8.5% annualized. Final sales to private domestic purchasers, a narrower measure of underlying demand that excludes net exports, inventories and government spending, was revised up to a 4.2% annualized gain (initially 3.9%), the strongest in over three years. Government spending fell 1.0% annualized, reflecting a large drop in non‑defense outlays.
2026-08-26

Iron ore futures rose on Wednesday as Typhoon Zitan disrupted shipping routes in the South China Sea, affecting iron ore supply and pushing up freight rates. The benchmark September iron ore futures contract on the Singapore Exchange rose 1.04% to $9

Iron ore futures rose on Wednesday as Typhoon Zitan disrupted shipping routes in the South China Sea, affecting iron ore supply and pushing up freight rates. The benchmark September iron ore futures contract on the Singapore Exchange rose 1.04% to $98.15 per tonne. Rising freight rates typically support seaborne iron ore prices. However, analysts said that widening losses at steel mills leading to slower production, coupled with relatively high steel mill inventories, limited the price increase.
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