Economics

NEW YORK (AP) — Across the country, there’s a silent frustration brewing about an age-old practice that many say is getting out of hand: tipping. Some fed-up consumers are posting rants on social media complaining about tip requests at drive-thrus, while others say they’re tired of being asked to leave a gratuity for a muffin or a simple cup of coffee at their neighborhood bakery.

In our first episode, host Zachary Crockett sidles up to the pump to ask: Who owns your local gas station, and where do their profits really come from?

A debate is raging about the place plant-based meat alternatives will have at the dinner table in the long run.

Fasten your seatbelt: The housing market is in for a bumpy five-year ride.

The average cost of lacking financial know-how was $1,819 in 2022, according to the survey of about 3,000 adults across the U.S.

Intellizence has curated a list of major companies that have announced mass layoffs, job cuts, downsizing, hiring freezes, and furloughs.

Sports Econ is at the forefront of this session. How do pro football coaches make decisions to ensure they maximize expected points? Their coaching staff includes economists and data scientists who project the probability of success by identifying the problems the team face. pic.twitter.com/ofibVfgd1t— VA Council on Econ Ed (@_VCEE) January 27, 2023

On a scale of 0 to 10, where 10 represents more freedom, the average human freedom rating for the 165 jurisdictions fell from 7.03 in 2019 to 6.81 in 2020. Most areas of freedom fell, including significant declines in the rule of law and freedom of movement, expression, association and assembly, and freedom to trade.

Certification for educators that want to effectively teach their students about communism’s brutal past and its deadly legacy.

A shorter week improves job satisfaction and doesn’t come at the cost of productivity, according to one study.

The vast data set collected by the Bureau of Labor Statistics and the creativity from the Flowing Data team on how to display it never cease to amaze. In this time-lapse video, you will see how the activities we enjoy change from the ages of 20-70. Ever wonder if satisfaction with one's main job increases with time OR what activities seem to be enjoyed at any age? Watch the video and find out:  Questions:  What activities seemed to consistently rank high on the happiness scale?

Black History Month 2023 Curated Resources From Your OS Social Studies Team

Costa Rica’s decision to eliminate its military and channel funds into environmental protection and public services has aided in its success. GDP per capita has grown, extreme poverty has been almo…

The height of skyscrapers is limited by physical, economic and regulatory barriers, but we should want to overcome them and build taller. Here's how we can do it.

It was a mess: Ticketmaster glitches, hourslong virtual queues, and tickets on resale sites hitting five digits.

Live Nation Ticketmaster President and CFO John Berchtold testified in Washington D.C. Tuesday morning about the company's alleged monopoly.

Despite a vow of “fair prices for all,” the country star’s options to circumvent Ticketmaster on an anticipated tour are limited

A new Adobe survey shows 85% of the youngest Americans would be less likely to apply to a job that didn't disclose pay.

Pretty, pretty good.

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It’s a perfect storm for pricey eggs. But home cooks have options.

30% of Americans say they’re reliant on their tax refund to make ends meet in 2023, especially Gen Z and millennials Despite fewer pandemic tax credits, 29% of Americans expect a higher tax refund this year Nearly a quarter of American taxpayers plan to use their tax refund to pay for necessities (24%) It’s the […]

Each year's federal budget must be approved by Congress and signed by the President. Despite agreeing on a budget, the federal government will likely not raise enough tax revenue to match its spending projections.

Check out @FiscalService Fiscal Data’s new federal spending page! #FederalSpending

On relative wealth and why most people feel like they don't have enough.

U.S. retail sales fell by the most in a year in December, pulled down by declines in purchases of motor vehicles and a range of other goods, putting consumer spending and the overall economy on a weaker growth path heading into 2023.

View real (i.e., inflation-adjusted), average net worth by race/ethnicity, age and education using the Fed's Distributional Financial Accounts.