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Economics
Why New Netflix Prices Are a Kind of Price Discrimination
Offering an option with ads, the new Netflix prices could be compared to low priced basic coffee at Starbucks.
QoD: Top financial app in the App Store: Venmo, Cash App or PayPal? - Blog
Gen Z uses these payment apps the most, so you might have some inside information on which is most popular. Answer: From data.ai (10/17/22) Questions: Why do you think these person-to-person apps are so popular (top 3 on the list)? When do you think people find these apps most useful? Do you have any finance apps on your phone? Why or why not? What do you think are the most important criteria in choosing which finance apps to use? Here are the ready-to-go slides for this Question of the Day that you can use in your classroom. Behind the numbers (Pew Research): When asked what motivates them to use these sites or apps, users most frequently point to ease.
Millions of Americans Are Being Priced Out of the Housing Market | House Method
Inflated mortgage rates are barring millions of Americans from homeownership. Learn more in our study on current affordability trends in the U.S. housing market.
CONSUMER EXPENDITURES--2021 - 2021 A01 Results
The US Labor Department could grant millions of contractors employee status — and reshape the entire gig economy - Robinhood Snacks
The gig is up… Yesterday the Labor Department announced a proposal that could classify millions of gig workers (think: delivery drivers, janitors,...
Everyone wants a tip now. Do you have to give them one?
Thanks to touchscreens and the pandemic, tipflation is everywhere — and it’s hard to say no.
Exclusive: Ikea raises prices by up to 80% as manufacturing costs bite
Ikea has hiked furniture prices by up to 80% since last year, an investigation by Retail Week has found.
US strikes harder at Putin, banning all Russian oil imports
WASHINGTON (AP) — Striking harder at Russia’s economy, President Joe Biden on Tuesday ordered a ban on Russian oil imports in retaliation for Vladimir Putin’s onslaught in Ukraine .
Where Is Our Tax Money Going?
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15 Question Ample Reserves Game - ReviewEcon.com
15 question review game with explanations covering everything you need to know about the Ample Reserves Market Graph. For AP, IB, or College Macroeconomics.
Turkey prices are 73% higher than last year and might stay that way through Thanksgiving, commodities strategist says
The ongoing spread of bird flu will likely affect the price and availability of turkeys leading up to Thanksgiving.
The new income tax brackets for 2023 likely to boost your paycheck
Here's a breakdown of income and rates for next year.
Nonprofit to giveaway over 2,000 lbs of avocados at FDR Park this week
Local nonprofit Sharing Excess will give away thousands of avocados for free at FDR Park this week after supply chain issues result in a massive surplus at area food banks.
Why farmers are dumping truckloads of avocados
A Queensland resident who stumbled upon the scene said there were ‘tonnes and tonnes and tonnes of avocados going to waste’.
What Have Workers Done with the Time Freed up by Commuting Less? - Liberty Street Economics
The COVID-19 pandemic has dramatically changed the way Americans spend their time. One of the most enduring shifts has occurred in the workplace, with millions of employees making the switch to work from home. Even as the pandemic has waned, more than 15 percent of full-time employees remain fully remote and an additional 30 percent work in hybrid arrangements (Barrero, Bloom, and Davis). These changes have substantially reduced time spent commuting to work; in the aggregate, Americans now spend 60 million fewer hours traveling to work each day. In this post, we investigate how people spend this saved time on other activities. Using detailed data from the American Time Use Survey (ATUS), we find that employed individuals allocate their saved commute time toward leisure activities and sleeping, while reducing overall work hours.
Your morning coffee jolt may cost less as Vietnam lifts crop
Generally favorable weather and replanting of old trees have boosted yields in the country's Central Highlands.
Oil Shock of 1973–74
From the vantage point of policymakers in the Federal Reserve, an oil embargo by Arab producers against the U.S. further complicated the macroeconomic environment of the early 1970s.
Avocado surplus hits Philadelphia
A local nonprofit is giving away over 2,000 pounds of the fruit, calling it “Avogeddon.”
'It's a blessing': NIL deals benefit more than just star players
Some have wondered if there will be division in locker rooms where there is a player making seven figures.
NIL money is flowing in college athletics, and it's 'the Wild West'
Athletes at UM, MSU and elsewhere are cashing in during a new era in college sports that has little regulation.
Rent Going Up? One Company’s Algorithm Could Be Why.
Texas-based RealPage’s YieldStar software helps landlords set prices for apartments across the U.S. With rents soaring, critics are concerned that the company’s proprietary algorithm is hurting competition.
U.S. to release oil reserves as Biden tackles high pump prices
U.S. President Joe Biden announced a plan on Wednesday to sell 15 million barrels of crude oil from the nation's emergency supply and begin refilling the reserve as he tries to dampen high gasoline prices ahead of midterm elections on Nov. 8.
State tells Mount Clemens school officials ‘to hold right people accountable’ in twerking incident
Brouhaha over raunchy behavior by a so-called charity vendor continues.
‘Buy Now, Pay Later’ Is Still a Credit-Score Blind Spot
The popular payment plans from companies including Afterpay are largely going unreported out of concern that they could ding credit scores.
Pumpkin spice foods cost up to 160% more than regular version
Popularized by Starbucks two decades ago, the seasonal flavoring is now a food industry phenomenon.
Why Everything Is On Sale: The Bullwhip Effect | WSJ
If it seems like there are more sales lately, it’s because there are. General retailers are shedding excess inventory. Why? Just blame the bullwhip effect.WS...
What’s the Difference Between Lab-Grown and Natural Diamonds?
The differences between a lab-grown and natural diamond are very minimal, and mostly have to do with how they are made and how much they cost.
See How Average Student Loan Debt Has Changed
The average student loan debt for recent college graduates is nearly $30,000, according to U.S News data.
Marriage or Mortgage | Official Trailer | Netflix
Married or single, we've all heard it. "You could buy a house for the price of that wedding!" But have you ever stopped to think, what if you actually did?SU...