Headlines
Financial TimesCitadel buys large portion of Situational Awareness equity holdingsBloomberg MarketsBOE Governor Bailey on Rates, Uncertainty, Labor MarketBloomberg MarketsFed’s Warsh Rebuked by Investors Craving a Real Inflation FightBloomberg MarketsEquinix Seeks at Least $3 Billion From Latest Data Center DealFinancial TimesEuropean nations to boycott World Cup in protest at Fifa’s plansFederal ReserveFederal Reserve Board issues enforcement actions with former employee of Regions Bank and former employee of First Interstate BankBloomberg MarketsOdd Lots: How the Iranian Economy Works for StartupsBloomberg MarketsStarbucks Seeing Strong Sales Across the Board, CEO SaysBloomberg MarketsOil Holds Gain With Fresh US-Iran Attacks, Kazakh Exports RiskBloomberg MarketsCarvana Sinks on Forecast; Chipotle Raises Guidance | Stock MoversBloomberg MarketsYen Surge Spurs Speculation Japan Intervened in Market AgainBloomberg MarketsThe BOE Decides | Special CoverageBloomberg MarketsChile Finance Minister Floats Idea of Private Capital at CodelcoFinancial TimesUS economy grew less than expected at 1.5% rate in second quarterFinancial TimesMeta shares tumble as Zuckerberg tries to sell his vision for AI ‘agents’Financial TimesCitadel buys large portion of Situational Awareness equity holdingsBloomberg MarketsBOE Governor Bailey on Rates, Uncertainty, Labor MarketBloomberg MarketsFed’s Warsh Rebuked by Investors Craving a Real Inflation FightBloomberg MarketsEquinix Seeks at Least $3 Billion From Latest Data Center DealFinancial TimesEuropean nations to boycott World Cup in protest at Fifa’s plansFederal ReserveFederal Reserve Board issues enforcement actions with former employee of Regions Bank and former employee of First Interstate BankBloomberg MarketsOdd Lots: How the Iranian Economy Works for StartupsBloomberg MarketsStarbucks Seeing Strong Sales Across the Board, CEO SaysBloomberg MarketsOil Holds Gain With Fresh US-Iran Attacks, Kazakh Exports RiskBloomberg MarketsCarvana Sinks on Forecast; Chipotle Raises Guidance | Stock MoversBloomberg MarketsYen Surge Spurs Speculation Japan Intervened in Market AgainBloomberg MarketsThe BOE Decides | Special CoverageBloomberg MarketsChile Finance Minister Floats Idea of Private Capital at CodelcoFinancial TimesUS economy grew less than expected at 1.5% rate in second quarterFinancial TimesMeta shares tumble as Zuckerberg tries to sell his vision for AI ‘agents’
Home/Bloomberg Markets
Back
MARKETS:
SPY+0.26%
DIA+0.23%
QQQ-0.14%
IWM+0.29%
GLD-0.40%
USO+1.64%
Bloomberg Marketsglobal

Odd Lots: How the Iranian Economy Works for Startups

Bloomberg Markets
Thursday, July 30, 2026 at 2:40 PM
~4 min read
Monetary Policy

Original Report

Over the past decades since the Iranian Revolution of 1979, Iran's economy has completely transformed to resemble what Yeganeh Torbati and Bozorgmehr Sharafedin describe as a "mafia state." On this...

Over the past decades since the Iranian Revolution of 1979, Iran's economy has completely transformed to resemble what Yeganeh Torbati and Bozorgmehr Sharafedin describe as a "mafia state." On this episode of the Odd Lots podcast, Torbati, New York Times' Iran correspondent, and Sharafedin, Iran International's head of Digital, join Tracy Alloway and Joe Weisenthal to discuss how the Iranian economy actually works and how startups and business owners have to navigate the network of various factions within political and religious leadership. (Source: Bloomberg)

Glass House Analysis

Central bank policy decisions made in boardrooms cascade through the economy in ways that touch everyone. A quarter-point rate change might seem abstract, but it determines whether young families can afford homes, whether businesses can afford to hire, and whether retirees see meaningful returns on their savings. The tension between fighting inflation and maintaining employment represents a fundamental tradeoff in economic policy—one that invariably creates winners and losers.

The implications extend beyond the immediate news cycle. Every economic development creates ripples that affect employment, prices, and opportunities in ways that may not be immediately visible but are deeply felt. By tracking these connections, we can better understand how the economy truly works—not as an abstract machine, but as a human system shaped by and shaping the lives of millions.

Enjoyed this analysis?

Get the Glass House Briefing every morning—market news that actually makes sense, delivered free to your inbox.

No spam. Unsubscribe anytime.

More Stories

Economic Context

S&P 500
+0.26%
Dow Jones
+0.23%
NASDAQ 100
-0.14%
Russell 2000
+0.29%