Economics

We are quickly approaching the deadline for filing (and paying) our federal and state income taxes, and that means it’s time for an annual post to help put things in perspective. Let's start with some historical perspective: when income tax began in 1913, the maximum marginal income was only 7% on incomes above what would be more than $12 million in today's dollars.

The government required expensive company cars to have green license plates.

Federal aid application woes mean Michigan families are contemplating college decisions without crucial information: How much it will cost.

The U.S. tax system is designed to be progressive, with rich people paying a larger share of their income to the IRS. Here's what to know.

April is Financial Literacy Month, and starting with 9th graders in 2024, a half-credit personal finance course is required for high school graduation in Michigan.

Wendy's is giving away a free order of fries every Friday for the rest of the year starting April 19, the company announced Wednesday.

What’s behind this rise of tolled roads, and are they just making driving more expensive, or can they make it better?Subscribe to Morning BrewSign up for fre...

President Joe Biden will call on the U.S. Trade Representative to triple the China tariff rate on steel and aluminum imports.

Tesla CEO Elon Musk's $56 billion pay package will go to another shareholder vote in June, after a Delaware court voided it as excessive.

Behavioural finance studies the role our emotions can play in investment decisions, and can help us better manage those decisions.

Behavioral finance is the study of the influence of psychology on the behavior of investors or financial practitioners.

For more check out: https://www.millionstories.com/ Stop! Before you make a big gamble on the stock market, see how millions of years of evolution affect humans’ ability to make sound financial decisions. A neuroscientist studying monkeys explains why money makes the world go ‘round and, more importantly, why it sometimes makes us do irrational things. Understand the science behind stock market bubbles so you never get trapped on the wrong side of one. This is Your Brain on Money. Watch more compelling stories & access free resources at https://www.millionstories.com/ Don't forget to follow us so you never miss an episode: #MillionStories Instagram: https://www.instagram.com/millionstoriesmedia/ Twitter: https://twitter.com/millionstories Facebook: https://www.facebook.com/millionstoriesmedia

For more check out: https://www.millionstories.com/ Your brain is biased. Over millions of years of evolution, it’s been programmed to prioritize the present over the future, so when we try to save money, it feels like we’re depriving ourselves of joy. Why save for 10 years from now when there’s so much to do right now? Neuroscientist Alex Korb explains how our brain circuits focused on thinking, habits, and rewards interact to impact our financial decisions. But even though we favor short-term indulgences over our long-term best interests, research suggests it’s possible to undo this harmful pattern with one simple thing: a vivid imagination. Learn more about how you can rewire your brain and change your behavior to live the life you’ve always wanted. This is Your Brain on Money. Watch more compelling stories & access free resources at https://www.millionstories.com/ Don't forget to follow us so you never miss an episode: #MillionStories Instagram: https://www.instagram.com/millionstoriesmedia/ Twitter: https://twitter.com/millionstories Facebook: https://www.facebook.com/millionstoriesmedia

With federal aid applications lagging amid a botched federal rollout, Michigan leaders are hoping free pizza might be a motivator for high school students considering college.

Question of the Day for your personal finance classroom: What is the average amount of time between a job interview and receiving an offer?

Spending Explorer lets you explore the federal spending landscape through the lens of three accounting categories: Budget Function (spending purpose), Agency (spending source), and Object Class (purchased item or service).

The audio streamer is developing tools that would make it easier for fans to create custom versions of their favorite music.

Consumer Reports is strongly recommending that the USDA remove Lunchables from the National School Lunch Program due to high lead levels.

Which industries dominate arena sponsorships reveal larger economic trends era by era...

With the advent of ETFs, this cycle could be the one where bitcoin's trend of diminishing post-halving returns reverses.

Non-brand-name drugs are one inexpensive part of the healthcare system but they’re driving some manufacturers out of business

The US Postal Service filed a notice with its regulators to increase prices on first-class “forever” mail stamps.

Solar grazing is spreading rapidly as more investors pivot to green energy.

Fed officials believed that higher inflation readings in January and February 2024 were a blip. But with the March reading also coming in hot, analysts say this is more than a fluke.

There’s been a mere 8% increase in students eating taxpayer-paid school lunches in Michigan

Authorities in the Russian Republic of Chechnya have announced a ban on music that they consider too fast or slow.