Economics

U.S. Treasury Secretary Janet Yellen on Sunday forecast a substantial reduction in U.S. inflation in 2023, barring an unexpected shock.

According to the USDA, the U.S. is the largest consumer, producer and exporter of corn in the world. Here's how the U.S. started fueling its economy with corn.

Calling a store associate… to unlock the fancy razors in the glass case. Yesterday, Walmart CEO Doug McMillon said rising theft could lead to...

From concerts to crypto and from unions to Ukraine: 14 charts that explain this wild year.

Your brain can get oversaturated with holiday music, making jolly tunes add to your stress and not relieve it.

Trump’s tariffs of 25% on foreign steel and 10% on aluminum outraged America’s long-standing allies, including the European Union and Japan.

The Biden administration on Thursday moved to block Microsoft's $69 billion bid to buy "Call of Duty" maker Activision Blizzard , throwing a stumbling block in front of the tech giant's plans to rapidly expand its portfolio of popular games and catch up to bigger rivals.

Although inflation may have hit its peak, several countries around the world are still facing double-digit inflation in 2022.

Thomas Barkin, Richmond Federal Reserve President, was poring over the latest inflation-related data one morning this June after breakfast with bank interns when he saw an alarming sign. Prices had surged in May, after a slight drop in April that had raised hopes that a recent uptick in inflation would be short lived.

Stacker searched for products from 1920 to today that caught hold of the public zeitgeist through novelty, innovation, kitsch, quirk, or simply great timing, and then rocketed to success.

Maxwell Frost, who became the first Gen Z candidate to be elected to the U.S. House in November, says Congress has a serious problem of accessibility for people who don't come from wealth.

Experts fear the possible consolidation of Kroger and Albertsons would give consumers even less control over the cost of their groceries.

The lawsuit represents the FTC’s most significant effort to rein in consolidation in the tech industry since prominent tech critic Lina Khan became the commission’s chair.

The FTC said the deal could suppress competitors to Microsoft's Xbox game consoles and its growing games subscription business.

Bet on the right cryptocurrencies and build your fortune, or lose it all.

Turf wars. Protection money. Scientology. And my boss, a man who’s half-convinced he really is Santa.

As part of its campaign to soothe regulators ahead of a potential vote, it announced an agreement with Nintendo to bring ‘CoD’ to the Switch for 10 years.

As part of its campaign to soothe regulators ahead of a potential vote, it announced an agreement with Nintendo to bring ‘CoD’ to the Switch for 10 years.

Los Deliveristas / Worker's Justice Project and Cornell ILR’s Worker Institute released a new report titled, “Essential but Unprotected: App-based Food Couriers in New York City.” The report examines the harsh and unregulated working conditions of app-based delivery workers engaged by digital platforms.

A growing body of research shows the Zillow Observed Rent Index (ZORI) leads survey-based average rent indexes, including the rent component of the Consumer Price Index, by up to 12 months.

By “rights,” the American founders did not mean government-granted entitlements. Indeed they would have rejected such entitlements as incompatible with true rights. Government can only enforce someone’s phony “right” to welfare, health care, education, or internet access by depriving someone else of their genuine rights: either by seizing their earnings or commandeering their labor.

Egalitarians today invoke “equality” to deny any variation in qualities among individuals, or in the resulting qualitative tendencies among sets of similar individuals. They condemn any acknowledgment of differences in aptitude, ability, character, and accomplishment as an affront to equality. But this is far removed from the kind of equality that the authors of the Declaration of Independence were referring to.

Fact: socialists do not propose to accomplish their objectives by mutual consent.

Critics of free markets point to growing income inequality as evidence that capitalism only benefits the wealthy. But focusing too much on income inequality ...

The Father of Economics placed much more faith in people and markets than in kings and edicts.

Qatar will spend more than $200 billion hosting the 2022 World Cup. What else could they have done instead?

Some people argue that natural disasters and other acts of destruction create wealth and employment as we repair the damage they’ve caused. Professor Dan Ru...