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Why Greenwich, Connecticut, Is Being Treated Like a Community Left Behind

Wealthy cities and towns across the country are benefiting from a tax incentive meant to help areas struggling from the move away from coal and fossil fuels.

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Iran has a ‘powerful weapon’ in Strait of Hormuz: Expert

Jason Bordoff from Columbia University, formerly at the US National Security Council under the Obama administration, says Iran has high tolerance for navigating the impact of the Strait of Hormuz closure. He also says global inventories and rerouted fuel flows are temporarily cushioning the disruption from the war, but warns prices will rise sharply once those buffers run down and demand destruction sets in.

News and Publications with Jason Bordoff CNBC • May 19, 2026
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