Economics

Petroleum is the top import in twelve states, making it the most commonly imported commodity across America. Here are America’s top imports.

The U.S. exported $1.8 trillion worth of goods in 2021. This infographic looks at where that trade activity took place across the nation.

Workers are experiencing the biggest decline in years in inflation-adjusted pay. Wages are up 5.1% in past year. Inflation is up 9.1%.The Labor Department calculates that workers had a -3.6% inflation-adjusted decline in pay in the past year (that's seasonally adjusted). pic.twitter.com/yM0cd7sHbn— Heather Long (@byHeatherLong) July 13, 2022

From Nevada gold to Maine’s top-tier lobsters, here are America’s top exports by state.

It’s not just big-name stars who are reaping the benefits of new rules allowing college athletes to cut endorsement deals. Name, Image and Likeness policies are easing the financial struggles of thousands of student athletes.

The Big Five tech companies made $1.4 trillion in revenue combined—more than Mexico’s entire GDP. Here's how they earned it all.

Energy Star, a federal program, suggested that people should keep their homes at 78 degrees,

In this infographic, we examine new data that ranks the top 25 countries by their default risk.

WASHINGTON (AP) — U.S. inflation surged to a new four-decade high in June because of rising prices for gas, food and rent, squeezing household budgets and pressuring the Federal Reserve to raise interest rates aggressively -- trends that raise the risk of a recession .

Documenting, preserving, and commemorating FDR's New Deal. Discover the New Deal on our interactive map, view photos and read New Deal stories.

Amazon's shipping costs have surged to over $150 billion - a number that has almost doubled since the start of the pandemic.

During online shopping, have you noticed special payment offers that promise to let you “buy now and pay later” popping up in recent years?

There are two commonly-accepted aspects of economics that determine prices: supply and demand. But some say a third factor is companies' pursuit of increased...

The share of adults who live in middle-class households fell from 61% in 1971 to 50% in 2021, according to a new analysis.

Gini index - Canada, France, Germany, Italy, Japan, United Kingdom, United States from The World Bank: Data

The metal has entered a bear market before every recession in the last 30 years.

Bay Area cities have started banning the construction of new gas stations to combat climate change. Some lawmakers hope Los Angeles could join the movement soon.

Insulin management has improved dramatically over the past decade, but the price of insulin has nearly tripled. California has proposed a new solution to curb the price.

COLOMBO, Sri Lanka (AP) — Miraj Madushanka never thought he'd need government rations to ensure his family could eat two meals a day, but Sri Lanka’s economic crisis, the worst in its history, has recast his life and those of many others in its burgeoning middle class.

As more companies bring manufacturing stateside, here’s what they can and can’t say about being American-made.

The FDA's unnecessary and protectionist rules that effectively ban foreign-made baby formula from being imported into the U.S. led to the crisis.

What's your new rate for your student loans?

Buy now, pay later could pose a challenge to credit cards’ leading position in US payments. To sustain profitable growth, issuers may need to rethink their products, economics, and value propositions.

Fish, please.

NPD Group reports that sales of lipstick are rising more than twice as fast as other products in the beauty category this year. This lends more credence to the Lipstick Effect theory that in tough economic times, sales of lipstick rise.

You may be aware of a recent meta-analysis I did with some colleagues—Tim Kaiser, Annamaria Lusardi, and Lukas Menkhoff. We look at all experiments that randomize who did—and did not—receive financial education across every single experiment ever written! On average: financial education improves financial behaviors in a cost-effective way. Figure 3 from the research brief linked above shows that financial education improves behaviors across many domains!  While those findings are exciting for the financial education field, they say very little about what works and for whom.

Between December 2020 and 2021, wages and salaries for civilian workers rose by 4.5 percent, the fastest annual increase since 1983. This fast growth has driven salaries 1.2 percent above their pre-pandemic trend. But prices have also risen rapidly.