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Bloomberg MarketsJPMorgan, Goldman Offer Hedge Funds Way to Short Private CreditBloomberg MarketsSociete Generale Weighs SRT Deal Linked to Data Center LendingFinancial TimesUS regulators unveil plans to cut Wall Street capital requirements by 4.8%Bloomberg MarketsAir Baltic’s Bonds Tumble as Mideast War Drives Up Fuel CostsBloomberg MarketsBNP Paribas Predicts Fed Next Month Will Flag Possible Rate HikeBloomberg MarketsIndonesia to Raise Coal Output as Iran War Triggers Price SpikeBloomberg MarketsFed Unveils Plans to Ease Capital Rules for Big BanksFinancial Times‘Armageddon scenario’ for gas markets as Qatar hit by missilesBloomberg MarketsIran Shock ‘Long-Term Bullish’ for Treasuries, BMO’s Lyngen SaysBloomberg MarketsGlobal Trade to Slow Amid Opposing Forces of Energy Surge and AIBloomberg MarketsTrump’s New Data Chief Will Face Intense Scrutiny and a Shrunken WorkforceBloomberg MarketsCoca-Cola’s $6 Billion Tax Fight: How Transfer Pricing WorksBloomberg MarketsIran War: European Stocks Fall as Energy Costs Surge Again | The Opening Trade 3/19/2026Bloomberg MarketsIran Strike to Cut 17% of Qatari LNG for 3-5 Years: ReutersFinancial TimesStocks and bonds tumble as investors price in ‘protracted energy shock’Bloomberg MarketsJPMorgan, Goldman Offer Hedge Funds Way to Short Private CreditBloomberg MarketsSociete Generale Weighs SRT Deal Linked to Data Center LendingFinancial TimesUS regulators unveil plans to cut Wall Street capital requirements by 4.8%Bloomberg MarketsAir Baltic’s Bonds Tumble as Mideast War Drives Up Fuel CostsBloomberg MarketsBNP Paribas Predicts Fed Next Month Will Flag Possible Rate HikeBloomberg MarketsIndonesia to Raise Coal Output as Iran War Triggers Price SpikeBloomberg MarketsFed Unveils Plans to Ease Capital Rules for Big BanksFinancial Times‘Armageddon scenario’ for gas markets as Qatar hit by missilesBloomberg MarketsIran Shock ‘Long-Term Bullish’ for Treasuries, BMO’s Lyngen SaysBloomberg MarketsGlobal Trade to Slow Amid Opposing Forces of Energy Surge and AIBloomberg MarketsTrump’s New Data Chief Will Face Intense Scrutiny and a Shrunken WorkforceBloomberg MarketsCoca-Cola’s $6 Billion Tax Fight: How Transfer Pricing WorksBloomberg MarketsIran War: European Stocks Fall as Energy Costs Surge Again | The Opening Trade 3/19/2026Bloomberg MarketsIran Strike to Cut 17% of Qatari LNG for 3-5 Years: ReutersFinancial TimesStocks and bonds tumble as investors price in ‘protracted energy shock’
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CNBC Top Newsmarkets

Hegseth says potential $200 billion Iran war spending request could shift: 'Takes money to kill bad guys'

CNBC Top News
Thursday, March 19, 2026 at 1:40 PM
~4 min read

Original Report

President Donald Trump's National Economic Council director Kevin Hassett said Sunday that the war has already cost $12 billion.

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.

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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