Economics

Detroit-based Ally Financial Inc., the largest U.S. auto lender, said carmakers should get busy.There's enough consumer demand for manufacturers to ramp-up output of new models but not enough supply, CEO Jeffrey Brown told investors at a conference on Tuesday."Factories have to get back to work,"…

DETROIT -- Ford Motor Co. delayed production of the Bronco SUV after coronavirus-related logistics issues hampered German supplier Webasto's ability to equip a Michigan facility in time to make the vehicle's removable roof, according to people familiar with the situation.Webasto in April of last…

Cookie demand in the U.S. has surged by 25% during the pandemic, and Pepperidge Farm says it can't keep up

The pandemic put a spotlight on health care workers and inspired many to pursue a career in medicine. The record number of applicants comes as the U.S. faces a projected shortage of physicians.

Over the past two weeks, Ford began delivering its much-anticipated 2021 F-150 pickups to dealerships.

There's more to Costco's membership fees than meets the eye.

From Vanguard: May want to find a way to cover up the ending balances after 30 years.  Question: Two investors start with $100,000 and earn a 6% return per year for 30 years: One chooses a low-cost mutual fund with a cost of 0.25% (a.k.a. expense ratio) that is applied to their invested assets each year. Note that many index funds have even LOWER expense ratios).  The other chooses a higher-cost mutual fund of 0.63%, which is apparently the weighted average expense ratio for U.S. mutual funds.

In this lesson, students will be introduced to the Madoff Ponzi scheme. They will think about what Bernie Madoff did and how very experienced investors were tricked by him. Then we will return to the rational decision-making process and the four variables used to make investments to consider how investors can protect themselves against risk.

Globalization is a worldwide process in which individuals have more and more interactions with people in other countries through trade, investment, and culture.

From WSJ: This chart measures the percentage of home buyers by age from 2006-2018 and demonstrates the seismic impact left by the Great Recession. Questions: Do you hope to own a house someday? When do you hope to be able to buy it?  What would be a good headline to summarize the data in the chart? In what year does there appear to be the most dramatic change in the data?

Exploring the many career prospects for students who are curious, analytical and love a good movement in stock and bond prices.

“It’s not just how much you have—it’s what you do with it,” says one researcher who studies money and happiness.

The next time you go for a job interview, you should spend time brushing up your personality, not just your skill set, a new study from TopInterview and Resume-Library has found.

The FOMC targets an inflation rate of 2%. What does it mean to have an inflation target? And why target a positive number and not zero?

Some of the people struggling the most to pay back their debt are the millions of students who took out student loans but never finished a degree.

Misadventures in Money Management helpspeople improve their financial literacy and financial choices through an interactive graphic novel experience.

The United States treats financial literacy/education like the fancy dishes that are kept locked away in a cabinet until the holidays.

Students need to learn not only about the loans they take out, but also about budgeting, cost of living and expected earnings for specific majors.

Question of the Day Behavioral Finance #13 #1: Which would you choose?

Update: We were excited to see Srijan featured in 2019 in this YouTube video . Thanks for first sharing your story with us, Srijan! Srijan Sharma responded to our recent outreach for student entrepreneurship stories by contacting us to say, “I would love to share my experiences maintaining my online business with the readers of the […]