Economics

WASHINGTON (AP) — Inflation soared over the past year at its highest rate in four decades, hammering American consumers, wiping out pay raises and reinforcing the Federal Reserve’s decision to begin raising borrowing rates across the economy.

Here's all 188 cognitive biases in existence, grouped by how they impact our thoughts and actions. We also give some specific cognitive bias examples.

The U.S. Treasury Department on Wednesday flagged concerns about consolidation in the $250 billion annual U.S. alcohol market and outlined reforms it said could boost competition and save consumers hundreds of millions of dollars each year.

But central bank officials say economy has changed since high-inflation days of the 1970s.

What values are the most influential in the world? Across 500,000 surveys in 152 languages, we visualize a rich dataset of human motivations.

Interactive charts illustrating trends in U.S. household debt and credit data

Nonfarm payrolls were expected to increase 150,000 in January, according to economists surveyed by Dow Jones.

Answer (from Ariel/Schwab survey): 63%  Survey note: The online survey was conducted in December 2020 by Helical Research among 2,104 Americans age 18 and older with $50,000 or more household income in 2019.  Questions: When do you think you will start investing in the stock market? Explain your answer. What do you think determines whether someone invests in the stock market or not? What’s one word that comes to mind to complete this sentence: Investing is ______________.

Employers lose about $4.96/employee for every 10 minutes of work time wasted discussing the Super Bowl, managing virtual office pools, or planning Super Bowl parties.

Coupon code can be used towards customers’ next order if they pick up their pizza from the stores

You’ve likely seen the green, yellow, and gray results of the viral game all over social media from your friends and those you follow. What was once a public good is at risk of becoming a club good.

The majority of Black Americans missed out on the hefty gains from the stock market over the past two years due to historically low equity ownership.

Spotify must decide where it stands on race relations and vaccine misinformation in a society with heightened sensitivity to both issues.

The tie-up to create the nation's fifth largest carrier is valued at $6.6 billion when accounting for the assumption of debt and other liabilities.

/PRNewswire/ -- Americans in a relationship are talking openly about their finances before saying "I love you." According to a new study by Life Happens, a...

Microsoft’s acquisition of Activision Blizzard was the biggest in history. Here we visualize the top 15 biggest gaming company acquisitions.

The pizza chain is backed into a takeout corner.

Seventy-nine percent of U.S. adults expect inflation to go up over the next six months, including 50% who say it will go up a lot.

Hosting the Olympics is an honor that comes with great financial responsibility. Here's how much host cities have spent in recent times.

Amazon hasn't raised the price of its Prime membership program since 2018, when it increased from $99 to $119, the current fee.

An interactive visualization from Our World in Data.

Former Browns coach Hue Jackson said Wednesday on ESPN's SportsCenter that the Browns had a "four-year plan" that incentivized losing during the first two years which led to his 1-31 record during the 2016 and 2017 seasons.

Are stocks due for a crash? Is it a good time to buy low? Can you time and beat the market?!   Click the “Start” button below to start the clock on a random 10 year period of the U…

Global debt reached $226T by the end of 2020 – the biggest one-year jump since WWII. This graphic compares the debt-to-GDP ratio of various countries.

This post describes the mechanics behind quantitative tightening and reviews the Fed's prior QT experience.

Step-by-Step mechanics of quantitative easing

The Federal Reserve on Wednesday indicated it could soon will raise interest rates for the first time in more than three years.