Iran war cost tops $40B and billions more monthly, budget analysis finds
WASHINGTON — The cost of U.S. military operations in Iran has exceeded $40 billion and the war will continue to cost taxpayers between $2 billion and $3 billion per month, according to an analysis released Tuesday by the nonpartisan Congressional Budget Office. The ongoing bombing campaign, which President Donald Trump launched alongside the Israeli government […]
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WASHINGTON — The Federal Reserve raised interest rates Wednesday for the first time in three years as inflation continues to dog the economy, largely driven by soaring gas and fuel oil prices while the war in Iran drags on. The central bank’s Federal Open Market Committee voted 12-0 to increase its benchmark interest rate by a […]