US Recession Odds Spike as Iran War Explodes
Business
Expectations that the United States will enter a recession in 2026 surged as the Iran conflict continued to widen across the Middle East, according to betting prediction markets. In a statement to Newsweek on Monday, White House spokesperson Kush Desai said that President Donald Trump has "been clear about short term disruptions" amid the conflict , but that "Americans can rest assured that the best is yet to come." The United States and Israel struck Iran in a military operation dubbed
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