Economics

We can add cork stoppers and bottle screw tops to the world’s changes in supply.As a result, we might be opening our wine bottles differently.Today's econlife blog: https://t.co/CkbihSNYcH#econlife #corks #supplychain pic.twitter.com/J6wEHoo0sb— econlife.com (@Econlife) August 28, 2023

Deciphering sunk costs and opportunity costs through Disney's to close its costly Star Wars adventure hotel.

Making wine is getting more expensive due in part to recent world events, and the French are drinking less of it.

For buyers facing affordability challenges getting into a home of their own, Zillow Home Loans is rolling out a new option: a 1% down payment.

Before the Ever Max ship carrying lava lamps, sofas, Halloween costumes and artificial Christmas trees could make its inaugural Panama Canal voyage this month, a historic drought forced it to drop weight by offloading hundreds of containers.

Things ain’t easy when only American ships can deliver cargo between two American ports.

GM, Ford, and Stellantis workers might walk off their jobs next month.

Dollar Tree cited theft as a reason for last quarter’s profit slump.

Sometimes the pro tip...is don't tip. Who knew?! Earlier this week we asked what is the average tip for full-service, quick-service, and delivery meals? But what if you venture outside of the U.S.? A common misconception is that the practice of tipping is only expected in the United States.

This nasty calculation is keeping younger consumers out of homes.

The Credit Card Competition Act of 2023 could change the way we swipe.

CNN’s Fear & Greed Index is a way to gauge stock market movements and whether stocks are fairly priced. The index uses seven market indicators to help answer the question: What emotion is driving the market now?

Question of the Day for teachers and students: What is the most common tipping percentage in the U.S.?

Food inflation, automation and a growing aversion to human interaction have helped boost fast-food restaurants' bottom line.

Stay informed with the latest changes to FAFSA 2023, including the shift from EFC to SAI, Pell Grant modifications, and the new SAVE repayment plan. NGPF's deep dive helps educators navigate these updates for effective teaching.

The company is trying “to migrate more subs to the advertiser-supported tier,” CEO Bob Iger said.

“I love seeing photos like this one, which illustrate economic growth.”

U.S. adults who routinely say hello to their neighbors have higher wellbeing than those who greet fewer or no neighbors.

There may be one person benefiting most from Messi’s otherworldly play—Messi himself.

A rainfall shortage in the region is creating complications for global trade.

Cursed Fact:More of America's housing stock is from the 1950s than the 2010s pic.twitter.com/9nnae8Wnih— Joey Politano 🏳️‍🌈 (@JosephPolitano) August 14, 2023

Young travelers now have a new angle when booking a vacation: Secure an appointment with a famous tattoo artist in a far-flung location and return home with the ultimate souvenir.

As the popularity of tattoos grows, stigma around the markings shrink at the highest levels of business and government.

The return of the Pumpkin Spice Latte (PSL) marks the unofficial start of fall for coffee lovers and it’s usually the moment when people start noticing just how many other products have started offering pumpkin spiced versions of their original offerings.

Online merchants changed the way we shop—and made “reverse logistics” into a booming new industry.

HYBE, SM Entertainment, YG Entertainment and JYP Entertainment have collectively added $4.7 billion in market capitalization in 2023.

Despite higher prices, people aren’t canceling their streaming subscriptions.

The youth unemployment rate has risen every month this year, a sign of China's increasing economic troubles. Authorities have decided to stop reporting it.

This annual publication provides details of taxes paid on wages in OECD countries. This year’s edition focuses on the impact of recent inflation on labour taxation in the OECD and how countries adjust their tax systems in response.