Economics

"It is far better to be born rich and white than smart and poor in America," reads a recent report from Georgetown University.

In the US, you drink milk or you pay up.

New Zealand will help pay for lower-income families to scrap their old gas guzzlers and replace them with cleaner hybrid or electric cars.

NEW DELHI (AP) — India has banned exports of wheat effective immediately, citing a risk to its food security, partly due to the war in Ukraine. A notice in the government gazette by the Directorate of Foreign Trade, dated Friday, said a spike in global prices for wheat was threatening the food security of India and neighboring and vulnerable countries.

$49.2 billion of it can be spent for literally any purpose.

At a March 2022 Hutchins Center event, BlackRock's Isabelle Mateos y Lago shared her thoughts on how Fed Chair Jerome Powell and other central bankers might think and act on climate change most effectively.

Second event in virtual series looks at causes, solutions for racial employment disparities

For every Republican economist the system employs, it has more than 10 Democrats.

The Federal Reserve has traditionally focused on monetary policy and bank regulation, but some are calling for the Fed to address other issues, such as climate change and economic inequality. But further politicization of the Fed would be dangerous and counterproductive, reducing Fed independence and leading to more economic instability. The Fed should instead focus exclusively on monetary policy and leave political issues to Congress.

Can your Myers–Briggs personality type impact how much you make? See for yourself with this breakdown of average income for all 16 personality types.

Map the childhood roots of social mobility

Cleaner air in United States and Europe is brewing more Atlantic hurricanes , a new U.S.

The FOMC announced it will begin reducing the size of the Fed’s balance sheet in June 2022. How will such reduction work, and how long will it continue?

Widening impacts of the Russia-Ukraine war.

The Bureau of Economic Analysis released their quarterly gross domestic product report this week. It showed GDP shrank at an annualized rate of 1.4%. Not good. But there's a mix of stories in the details. We explain with the help of a bit of music.

Fans could get the first card with a team's draft pick in a month. However, supply chain issues delayed the 2021 draft class' most collectible cards by a year.

A philosopher probes the ethics of a knotty situation.

NEW YORK (AP) — The U.S. dollar’s value surged in April as investors sought refuge amid the Federal Reserve’s aggressive shift to fight rising inflation. Rising inflation that has caused the biggest jump in prices in 40 years has spurred the Federal Reserve to aggressively raise interest rates, which increases demand for U.S.

Why the stock market has to go down sometimes.

The Federal Reserve on Wednesday showed that it intends to achieve price stability, maximum sustainable employment and long-term growth despite the risk of a higher unemployment and a hard landing of…

Robust growth in mortgages has pushed U.S. consumer debt to nearly $16 trillion. Click to gain further insight into the situation.

This morning the White House announced that 20 major internet service providers have committed to lowering the cost of internet access for low-income households who qualify for the federal subsidy of up to $30 per month (of $75 per month for tribal households).

“Buy now, pay later” may be jeopardizing Gen Z's financial future in just four easy...

From Fords in the Midwest to Toyotas on the coasts, here are the best selling vehicles in America, visualized by state.

Restrictions on exports like fertilizer and steel have major economic ramifications for trading partners.

Student loans are leaving millions of Americans with really bad hangovers.SUBSCRIBE to get the latest truTV content: http://bit.ly/truTVSubscribeCheck Adam’s...

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Apple products are not cheap. What is it that makes them carry such a hefty price tag? There are plenty of options for consumers when it comes to things like computers, tablets, and smartphones. Yet, Apple is the clear preference for consumers in the United States.