Verified source report
Trump says he is not backing down as war with Iran spikes Americans' cost of living
As the war with Iran drags on, the cost of living is rising faster than wages, putting a major squeeze on middle and working-class Americans. Kelly O'Grady reports.
What happened
According to CBS News’s source item, Trump says he is not backing down as war with Iran spikes Americans’ cost of living, As the war with Iran drags on, the cost of living is rising faster than wages, putting a major squeeze on middle and working-class Americans. Kelly O’Grady reports.
Context
The development sits in VINI’s Global file for readers following international affairs, institutions, conflict, diplomacy, economics, and cross-border consequences. The original report is linked so readers can check the source account, follow later updates, and compare new coverage against the first published record. The source item is dated 2026-05-12T23:26:07+00:00.
What to watch
Open questions include whether primary sources issue follow-up statements, whether local or market impacts become clearer, and whether additional reporting changes the timeline or adds material context.
Source
Primary source: Trump says he is not backing down as war with Iran spikes Americans’ cost of living via CBS News. VINI cites and links the source; it does not reproduce the publisher’s full article text without rights clearance.
This source-cited VINI report links to the original publisher record. VINI does not republish third-party article bodies without rights clearance. 1 source listed.
Source links
- Trump says he is not backing down as war with Iran spikes Americans' cost of livingCBS News - 2026-05-12T23:26:07+00:00
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