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White House Shrugs Off Shaky Economy as War Exceeds Trump’s Timeline

Stocks may be soaring again, but the war in Iran has started to pinch the finances of many Americans...

BUSINESS NEWS April 16, 2026

White House Shrugs Off Shaky Economy as War Exceeds Trump’s Timeline

Stocks may be soaring again, but the war in Iran has started to pinch the finances of many Americans.

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Roughly seven weeks into the war with Iran, investors have shrugged off the sky-high price of oil, sending the S&P 500 this week to a fresh record high.

Author: The New York Times

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