Economics

India recently banned the export of non-Basmati rice. What are the economics of export bans? An export ban will tend to decrease the world supply thereby raising world prices but some of the previously exported goods will flow to the domestic market reducing domestic prices, which is the typical reason for an export bans. FT: […]

Got milk? Demand for milk is down this year, causing an oversupply for farmers.

Everybody loves to recall the Beanie Baby craze in the late 1990s. It's the perfect reference point for bubbles like Pokemon cards and NFTs, and they're a good story about monopolistic competition. But these stories rarely remind us of the massive smuggling problem that created

UPS workers might not strike after getting major concessions from their employer.

At National Portrait Gallery- seeing people have made same false claims about free trade for a long time. #teachecon pic.twitter.com/UiTEDxviMR— Matthew Rousu (@MatthewRousu) July 23, 2023

Dozens of drugs made by Pfizer Inc. may be more difficult for hospitals to purchase because they were manufactured at the company’s North Carolina plant that was damaged by a tornado last week.

Nearly 70% of Israeli startups have taken action to relocate parts of their business outside Israel, a survey released on Sunday by an Israeli non-profit organisation on the government's planned judicial overhaul found.

Will it usher in an era of more original films and fewer sequels?

If you don't already have a ticket to one of Taylor Swift's Eras Tour performances in Seattle this weekend, you may be out of luck. Do this instead.

World’s biggest olive producer, Spain, on course for second bad harvest in a row, raising fears of gaps on shelves and even higher prices

The new guidelines are meant to give businesses and courts a sense of how the two agencies determine whether a deal is unlawful.

Americans see capitalism as giving people more opportunity and more freedom than socialism, while they see socialism as more likely to meet people’s basic needs, though these perceptions differ significantly by party. Many Democrats say socialism meets people’s basic needs; Republicans say it restricts individual freedoms.

New guidelines from the FTC and Justice Department are part of a broader push to promote competition and limit what the White House sees as excessive consolidation.

Beginning January 1, 2023, if you buy a qualified used electric vehicle (EV) or fuel cell vehicle (FCV) from a licensed dealer for $25,000 or less, you may be eligible for a used clean vehicle tax credit (also referred to as a previously owned clean vehicle credit). The credit equals 30% of the sale price up to a maximum credit of $4,000. The credit is nonrefundable, so you can't get back more on the credit than you owe in taxes. You can't apply any excess credit to future tax years. Purchases made before 2023 don't qualify.

Tourists visiting southern Europe amid a heat wave might question whether summer is the best time to visit.

The Journal has put together a price tracker of common items that many Americans buy monthly to see the direction of prices that matter to you.

Just how far will home prices fall? That's the million-dollar question for frustrated homebuyers, worried sellers, and homeowners.

Head to Amazon, Target, or Walmart to get your own Hunt a Killer board game! | The US is UGLY. How did this happen? How did we get this suburban sprawl that ...

Realtor.com's midyear forecast and housing market predictions on key trends that will shape the remainder of the year. Home prices, market trends and more as we look toward the second half of 2023.

Peanut butter is a $2 billion industry in the U.S. and it has been a mainstay in American pantries for more than 100 years.

160 years young… and still kickin’. Clinics promising to lengthen life for a growing number of wealthy clients are popping up across America....

It’s financial equality. Duh.

Nearly four years have passed since Tulsa Remote began promising $10,000 to workers who’d relocate to the Oklahoma city for at least one year. Here’s where that program and similar efforts stand today.

Here are some states that are willing to pay you to move there, as long as you meet certain requirements.

Microsoft now has a path to close its giant deal

"The reality is, if you can't hit 40,000 donors by middle of August, you have zero chance of beating Joe Biden in an election."

North Dakota Gov. Doug Burgum is offering $20 gift cards to people who donate at least $1 to his presidential campaign. Entrepreneur Vivek Ramaswamy has promised grassroots fundraisers a 10% cut of the money they bring into his campaign. Other candidates are just pleading for $1 donations or offering campaign swag at a steep discount.

Boston Mayor Michelle Wu is offering hefty tax breaks to companies to turn offices into housing, the latest example of a city seeking to address the challenges of remote work hitting downtowns and a lack of affordable residences.