7-30-26 Afternoon Rush - Economy Stumbles as Iran War Escalates | Oil Crisis Deepens: What's Next for America?

The economic warning signs are getting louder. In this afternoon edition of The Rush Hour, we break down the latest GDP report showing the U.S. economy grew just 1.5% in the second quarter, falling short of expectations as the ongoing Iran war and surging energy prices weigh on businesses and consumers alike. We also have the latest developments from the Middle East as the conflict between the United States and Iran continues to escalate, keeping global markets on edge and fueling concerns over oil supplies and the future of gas prices. With energy costs remaining elevated, many economists are warning that Americans could face a difficult mix of slower economic growth and stubborn inflation in the months ahead. What does this mean for your wallet? Could higher fuel costs, rising prices, and weaker growth push the nation closer to stagflation or even recession? We separate the headlines from the hype and explain what today's economic data could mean for families, workers, investors, and the road ahead. All that and more on this afternoon edition of The Rush Hour with Dave Neal.