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Bloomberg MarketsChile: AFP sufren pérdidas por apuestas a tasas de EE.UU.Bloomberg MarketsGet Ready for the Chinese Data Center RampBloomberg MarketsNYC Horse Carriages Set to Be Banned in 2028 After Mamdani DealFinancial TimesSaudi-led coalition strikes Houthi targets in Yemen capitalBloomberg MarketsTrump Says US Still Sharing Intelligence With UkraineBloomberg MarketsStrategy’s Saylor Sees Bitcoin Moving Back Up Beyond $100,000Bloomberg MarketsSheinbaum Vows to Buy More Goods From the US to Sign Trade DealFinancial TimesRussia arrests Japanese journalist on espionage chargesBloomberg MarketsAncora Is Said to Push UK’s Big Yellow Group to Explore SaleBloomberg MarketsUS Swaps Bets Backfire, Wiping Out Billions From Funds in ChileFederal ReserveMinutes of the Board's discount rate meetings on August 17, September 9, and September 16, 2026Financial TimesChip stocks slide after Broadcom boss warns of ‘casino’ mentality in AI investingBloomberg MarketsRosenberg Sees Most Dangerous US Market of His 40-Year CareerBloomberg MarketsBassman Warns of ‘Nightmare Scenario’ Amplifying US Bond SelloffBloomberg MarketsBond Traders Eclipsed by Equities in a Wall Street ReversalBloomberg MarketsChile: AFP sufren pérdidas por apuestas a tasas de EE.UU.Bloomberg MarketsGet Ready for the Chinese Data Center RampBloomberg MarketsNYC Horse Carriages Set to Be Banned in 2028 After Mamdani DealFinancial TimesSaudi-led coalition strikes Houthi targets in Yemen capitalBloomberg MarketsTrump Says US Still Sharing Intelligence With UkraineBloomberg MarketsStrategy’s Saylor Sees Bitcoin Moving Back Up Beyond $100,000Bloomberg MarketsSheinbaum Vows to Buy More Goods From the US to Sign Trade DealFinancial TimesRussia arrests Japanese journalist on espionage chargesBloomberg MarketsAncora Is Said to Push UK’s Big Yellow Group to Explore SaleBloomberg MarketsUS Swaps Bets Backfire, Wiping Out Billions From Funds in ChileFederal ReserveMinutes of the Board's discount rate meetings on August 17, September 9, and September 16, 2026Financial TimesChip stocks slide after Broadcom boss warns of ‘casino’ mentality in AI investingBloomberg MarketsRosenberg Sees Most Dangerous US Market of His 40-Year CareerBloomberg MarketsBassman Warns of ‘Nightmare Scenario’ Amplifying US Bond SelloffBloomberg MarketsBond Traders Eclipsed by Equities in a Wall Street Reversal
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Financial Timesglobal

Saudi-led coalition strikes Houthi targets in Yemen capital

Financial Times
Tuesday, October 13, 2026 at 7:13 PM
~4 min read
InflationEnergy

Original Report

Donald Trump accuses Iran-backed militants of deliberately trying to drive up oil prices ahead of the US midterm elections

Glass House Analysis

Inflation is the silent tax that erodes purchasing power, hitting hardest those who can least afford it. When grocery bills rise faster than wages, families face impossible choices between food, medicine, and rent. Unlike market volatility that mainly affects investors, inflation touches everyone who buys groceries, fills a gas tank, or pays rent.

Energy prices affect virtually every aspect of daily life—from commuting costs to heating bills to the price of groceries (which must be transported). For working families, energy represents one of the most volatile and impactful line items in their budgets. Energy policy decisions ripple through the economy, affecting everything from manufacturing competitiveness to household financial stress.

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.

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