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Supply chain disruptions from the Iran war could raise prices for drugs, electronics and more AP NewsMiddle East conflict hits shipping, oil prices and other international trade stories to know this month The World Economic ForumIran War: Hormuz Convoys Won't Fix Vital Oil and Gas Flows Overnight BloombergAround 200 compliant tankers stranded as Strait of Hormuz closure freezes Gulf traffic Lloyd's List
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Beth M. Hammack, head of the Federal Reserve Bank of Cleveland, says it is too early to gauge the economic impact of the Iran war and backs holding interest rates steady for "quite some time."
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The two big-box retailers are contending with the same economic backdrop, yet Target is trying to prove it can make a comeback.
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