May 08, 2026
Employers in the world’s largest economy are shrugging off the uncertainty brought on by the Iran war and higher energy prices – at least for now. Experts expected roughly 65,000 jobs to be added last month, a significant slide from the 185,000 in March. But if higher gas prices persist, and Americans pair back spending, economists say that could weaken job creation and lift the unemployment rate down the line.
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A displaced woman holds an Iranian flag as she makes her way back to her home in southern Lebanon, on the highway of Sidon, Lebanon, June 16, 2026.
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On June 14, the US and Iran announced a deal to end the war. A signing ceremony is set for Friday. The terms include an immediate ceasefire on all fronts. With both sides spinning the deal as a victory, there are plenty of ways for this to go wrong.
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In this episode of "ask ian," Ian Bremmer looks at what the rise of Elon Musk as the world’s first trillionaire reveals about wealth, innovation, and the future of the American Dream.
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Israeli Prime Minister Benjamin Netanyahu holds a news conference, following a US-Iran deal, in Jerusalem, June 15, 2026.
REUTERS/Ronen Zvulun/Pool
Israeli PM Netanyahu was already struggling in polls ahead of elections later this year, but his situation might get worse after Washington and Tehran agreed to a deal (pending its signing on Friday). Why the issue with ending the war?
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