Breaking
15:10 Houthis Claim Direct Hit on Saudi Arabia's Ras Tanura Oil Refinery · 15:39 IRGC Claims Anti-Ship Missile Strike on Vessel in Strait of Hormuz · 09:49 Iran and US Intel Both Confirm Targeting of American Diplomats Abroad · 08:59 Iran Says It Shot Down US Drone Over Bandar Abbas · 07:19 US Intel Memo: Iran Plots Against American Personnel at Advanced Stages · 18:50 US Alerts Baghdad of Imminent Iran Strike; PM Warns Militias to Stand Down · 15:29 Drone Strike Sinks Cargo Vessel Near Romanian Waters in Black Sea, 1 Dead · 09:39 Putin-Trump Diesel Deal: Russian Tanker Bound for New York Amid Gulf Crisis · 01:19 Iran Missile Footage Shows Strike Meters from US Troops at UAE Base · 00:30 Vanity Fair: Kushner Allegedly Took $2B from MBS and MBZ for Trump Policy Access ·
Tue · 27 Oct 2026

US Real Wages Fall 0.5% as Energy Inflation Wipes Out Monthly Gains

Share
US Real Wages Fall 0.5% as Energy Inflation Wipes Out Monthly Gains

📉 WAGES — Iran's Hormuz strategy just showed up in American paychecks. 📌 LOOK CLOSER: Real wage erosion translates Hormuz disruption into a domestic political cost. With midterms days away, energy-driven inflation hitting workers directly is the mechanism Tehran calculated when it throttled the strait. SPR releases stabilized prices at the margin — not enough to prevent this. Working households absorbing the loss are the electoral variable Iran's strategists were targeting.

Read more