Economics

The University of Iowa says 26 athletes across five sports are suspected of wagering on sports in violation of NCAA rules and more than 100 people have been linked to an investigation. Iowa State acknowledged about 15 of its athletes across three sports also are suspected of violating gambling rules. Last week, Alabama fired baseball coach Brad Bohannon following a report of suspicious bets made at an Ohio casino involving his team. NCAA rules prohibit athletes, coaches and staff from betting on amateur, collegiate and professional sports in which the NCAA conducts a championship. The director of gaming for the Iowa Racing and Gaming Commission says he knows of no evidence indicating match fixing or suspicious wagering activity on Iowa or Iowa State games.

(Bloomberg) -- Argentina will unveil a set of emergency measures in a bid to stem additional currency losses, including a large increase to its key interest rate, as inflation spirals out of control in the run up to presidential elections, according to officials at the Economy Ministry and the central bank.Most Read from BloombergTurkey Latest: Erdogan Says Unclear If Vote Will Go to RunoffRemote Work Comes With Daytime Drug and Drinking HabitsTurkey Poised for Vote Runoff as Erdogan Ballots Fal

The business has become inescapable to fans, littering broadcasts with ads and driving conversation in bars across America.

Today’s guest columnist is Andrew Bimson, president and chief operating officer, North America, at Sportradar. Since the Professional and Amateur Sports Protection Act (PASPA) was repealed on May 1…

Americans spent more money wagering on sports last year than on ride sharing, coffee, or streaming.

Heat and drought in the Mediterranean are harming production of olive oil, causing its price to spike. The global price of the oil is now almost $6,000 per metric ton, according to data from the International Monetary Fund (IMF). That’s the highest since 1997, when it reached $6,225.

The losses accelerated the trend of high-earners relocating to lower-tax states like Florida and Texas.

The Jobs Calculator calculates the net employment change needed to achieve a target unemployment rate after a specified number of months. The user can adjust the target unemployment rate, the number of months, and the assumed labor force growth.

Rising car thefts driven by social media trends prompts the NYPD to consider investing in technology. But how does this effect the rational model of crime?

The Federal Reserve constantly reminds us that its decisions are “data-driven” or “data-dependent.” But what does that even mean? And what are the dangers when data loom too large?

Factors like improved work-life balance and workload are behind the increase in worker satisfaction.

Determine the cost to build a new home in your area. Offering over 100+ unique inputs to help you determine the true cost of building.

A Democrat and a Republican in the CT state House make financial literacy for teens a...

Worksheet – Consumer and producer surplus, International trade, Costs and production Related news articles: Why is the world’s top milk producer looking to import more dairy products? (Quartz, April 6, 2023), and What’s going on with India’s milk economy? (eDairyNews, May 3, 2023) Summary: This w...

Worksheet – (Un)employment Related news articles: Small businesses face hiring challenges despite fears of recession (Forbes, February 28, 2023) and No matter the market, there's always a demand for great talent: Here's how to cultivate and keep it (Forbes, April 10, 2023) Summary: This workshee...

Ally Bank’s spending and savings buckets help you save for your bucket list goals.

The tech company Oracle has agreed to take on $175 million worth of infrastructure development in return for substantial tax breaks. However impressive that number may sound, it’s only pennies compared to the full price of the project. The NFL and Tennessee Titans have also pledged to pay roughly $840 million to help cover the cost of a new stadium. While this is admittedly a good chunk of change, that still leaves well over a billion dollars to Nashville and the state of Tennessee.

Fruit Roll-Ups are suddenly a hot commodity in Israel because of a viral TikTok trend combining them with ice cream.

Always good to have this at the ready. pic.twitter.com/NA0uV0jor2— GCEE (@Georgiaecon) May 10, 2023

The state needs to up its economic development game to compete among states that are growing, Business Leaders for Michigan says. Doing so will require setting a long-term education and business development plan.

New data shows why it can be so hard to get things done.

Oof, family vacation off to a bad start? It’s probably because you’re trying to save money during your trip, because you spent too much planning your trip. A...

Founded in 1920, the NBER is a private, non-profit, non-partisan organization dedicated to conducting economic research and to disseminating research findings among academics, public policy makers, and business professionals.

How much power does the Fed have? According to Fed Chair Jerome Powell, the limit basically does not exist! New York Times reporter Jeanna Smialek joins the show to talk about her new book Limitless: The Federal Reserve Takes on a New Age of Crisis.For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org.

There's a common myth about who pays their fair share, and who doesn't.Subscribe to our channel! http://goo.gl/0bsAjOYou might have heard that the poor in Am...

Worksheet – GDP Related news articles: Consumption, the biggest component of US GDP, looks fragile (Fxcm.com, April 2023) and Americans are flocking to movie theaters. Could it be a recession warning? (Quartz, April 21, 2023) Summary: This worksheet could be used for in-class or homework practice...

And things aren’t looking too good in the U.S., either.

Plant lovers’ spending is up — sometimes with unbelievable price points.

A Taylor Swift concert is a combination of music concert and broadway play costing over $100M. Ever wonder what the logistics is for the one of the most expensive concert tours in history? 1/ pic.twitter.com/oM6g8h6ZtC— Craig Fuller 🛩🚛🚂⚓️ (@FreightAlley) May 6, 2023

Is it expensive to eat at an MLB ballpark? It can depend on which stadium you are at, a USA TODAY analysis shows.