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March 9, 2026 
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We’re now a nation at war.
President Trump’s conflict has already begun to affect Americans and their financial lives — average gas prices have spiked 17 percent, while market volatility is jostling our retirement and college savings accounts.
At this juncture, there are many unknowns, but several of our colleagues have deconstructed many of the possibilities. Lydia DePillis has a piece that explains how the war is likely to spill into the American economy, while Peter Goodman breaks down the global repercussions. Joe Rennison recently explained the financial markets’ reaction.
We’d like to know if the conflict has had any tangible effects in your own life. Please share them with us at yourmoney_newsletter@nytimes.com.
As always, here’s a roundup of money-related stories from across The Times.
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