The influx of fans during this month’s college basketball tournament is a welcome lift to the city’s casinos and hotels after a dismal 2025, when the number of visitors fell 7.5 percent.
A fertilizer plant outside Lagos, Nigeria. Fertilizer shortages driven by the fighting in the Middle East, where crucial inputs are produced, can lead to poorer harvests and higher food prices around the world.
After decades of prioritizing domestic over military spending, the continent’s leaders are trying to pivot. That is straining national budgets and could anger voters.
A weapons factory in Herstal, Belgium, this year. Most European countries have realized that they need to spend a lot more on guns to reduce their military dependence on the United States.
This reliable food has long been a cheap option in an expensive country. Steadily increasing prices have locals complaining, but they can’t stop ordering one with everything.
Since the Iran conflict began on Feb. 28, gas prices across the United States have increased about 35 percent. They are now above $4 a gallon, and drivers are wincing.
As fuel costs rise because of the war in Iran, surcharges are being added to the shipping cost of certain food items, such as seafood imported from far-flung locations.
A month since the first U.S.-Israeli attacks and Iran’s response effectively shut off Persian Gulf oil, drivers are paying significantly more to fill up.
Already pinched by the high costs of living, some families have modified how they plan to travel by road and air as the Iran war pushes gas and oil prices higher.
The high rollers may still be crowding the tables, but high prices and pinched discretionary incomes are driving a sharp drop-off in visitors to Las Vegas as Nevada’s governor runs for re-election.
Tourists in Las Vegas appear fed up with prices and locals are struggling to make ends meet.
The U.S. and other exporters are poised for a windfall, but disruptions to Persian Gulf supplies are also pushing gas-buying countries to consider alternatives like coal, solar and nuclear energy.
President Trump once assailed the Obama administration for making cash payments to Iran. Now he supports sanctions relief that could give the country a $14 billion windfall.
In China, where half of new cars are electric vehicles or hybrids, a vast population still depends on gas. The government stepped in on Monday to “mitigate” the pain of surging costs.
In India, China and several other nations, Novo Nordisk is on the verge of losing patent protection for its blockbuster weight loss drug, opening the door for cheaper competing versions.
As the conflict with Iran expands and intensifies, President Trump’s options — to fight on, or to move toward declaring victory and pulling back — both carry deeply problematic consequences.
The Republican pollster Kristen Soltis Anderson joins E.J. Dionne Jr. and Robert Siegel to discuss Trump’s falling approval rating and what it portends for November.
Beijing’s decades-long push to reduce its dependence on foreign oil with huge investments in clean energy sources like electric vehicles is now paying off.
Four years after the Russian invasion of Ukraine sent energy prices soaring, the war in Iran is posing another challenge to efforts to revive European factories.
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