Consumer confidence across the United States plunged to an all-time low this month, as Americans grapple with anxiety over the war in Iran, new data revealed. The University of Michigan’s long-running Survey of Consumers tracks how Americans feel about the economy, their personal finances and spending — shaped by factors like inflation, the cost of … Read more
Global crisis = altered cruises. The war in Iran continues to rage, amplified this week by the US blockade on the Strait of Hormuz, a sea corridor through which 20 million barrels of oil and a fifth of the world’s natural gas supplies traverse each day. The conflict has spiked crude oil prices, affected travel costs, … Read more
Six cruise ships remain trapped in the Persian Gulf due to conflict in the Middle East, forcing cruise lines to cancel a slew of sailings — and leaving the floating havens for relaxation anything but. While a majority of the whopping 15,000 cruise passengers that had been previously stranded in the danger zone have been repatriated, … Read more