Dear Parents – You Have More Influence on Your Kids’ Finances Than You Think
Economics
Question of the Day: What's the average credit score needed to rent an apartment in 2021? - Blog
Answer: 638 Question: Why do you think landlords care about an applicant's credit score when deciding whose application to accept for a rental apartment? Why do you think landlords in these cities have such high standards when it comes to accepting applicants? If you want to rent an apartment after high school or college, what can you do to start to establish credit? Here's the ready-to-go slides for this Question of the Day that you can use in your classroom. Behind the numbers (RentCafe): "Good credit is becoming increasingly crucial for renting an apartment.
Visualizing Congestion at America’s Busiest Port
The Port of Los Angeles is the busiest port in America. It's also at the center of a massive container backlog.
Question of the Day: Tesla recently achieved a stock market value of $1 trillion. It is now worth as much as the next ___________ auto companies combined. - Blog
Answer: 10 Questions: Why do you think Tesla is valued so much higher than all the other auto companies (Hint: think about how their cars are powered). Do you know who the founder of Tesla is? How about the founder of any of the other car companies you see on the chart? What do you think that Tesla’s value signals about the future of the car industry? Here's the ready-to-use slides for this Question of the Day for your classroom. Behind the numbers (USA Today): Its market value stands greater than General Motors, Toyota, Ford, Volkswagen, BMW and several other auto giants combined.
Coca-Cola makes it’s most expensive brand acquisition in history buying BodyArmor
This is Coke’s most expensive brand acquisition in history and, combined with its Powerade product, would give the company a 22% share of the US sports drink market.
Paid leave, immigration, tax changes added to Biden bill
WASHINGTON (AP) — House Democrats added a new paid family leave program, immigrant work permits and a state-and-local tax break to President Joe Biden’s $1.75 trillion social services and environmental bill Wednesday, reviving key priorities in the rush to finish up and start voting after dismal overnight election results.
How to ask for a raise in an inflationary economy
You’ll need to prove that your work and responsibilities warrant more pay, too.
Tapering, US Fed style
Until we see Powell in a pair of Nike Zooms, we can safely assume the economists mean something else
Pfizer expects 2021, 2022 COVID-19 vaccine sales to total at least $65 bln
Pfizer Inc on Tuesday said it expected 2021 sales of the COVID-19 vaccine it developed with German partner BioNTech SE to reach $36 billion and forecast another $29 billion from the shot in 2022, topping analyst estimates for both years.
Zillow says it's closing homebuying business, cutting 25% of workforce; earnings miss estimates
Zillow said Tuesday that it's winding down its homebuying unit, which competes with Opendoor.
Zillow stock dives after analyst highlights two-thirds of homes bought are underwater
Shares of Zillow Group Inc. took a dive Monday, after KeyBanc analyst Edward Yruma highlighted how most of the homes the real estate services company...
US wages jump by the most in records dating back 20 years
WASHINGTON (AP) — Wages jumped in the three months ending in September by the most on records dating back 20 years, a stark illustration of the growing ability of workers to demand higher pay from companies that are desperate to fill a near-record number of available jobs.
Bill Ackman calls for the Fed to start raising interest rates 'as soon as possible'
Billionaire hedge fund manager Bill Ackman called for the Fed to begin reining in the support it has provided for the U.S. economy.
Both Sides: Is Recycling Necessary? - Stossel in the Classroom
Does Recycling Actually Help? Green Tyranny: Recycling Enjoy this video? You can access many more resources like quizzes, teacher's guides, and free DVDs when you register! It will take you less than two minutes, and best of all: it's FREE!
Welfare for the Rich - Stossel in the Classroom
VIDEO DESCRIPTION Welfare is supposed to be for poor people — but BILLIONS go to rich people (bailouts, subsidies, taxpayer-funded special grants). AVAILABLE RESOURCES Web-based Online Quizzesare also available here. AVAILABLE RESOURCES Click to Login or Register to Access These Additional Resources
Jobs Report and the Monthly Employment Growth Statistics
The economy gained 194,000 jobs in September 2021. The growth doesn't make up for the jobs lost throughout 2020.
Why the Jobs Report Matters to Investors
There are numerous job reports including weekly jobless claims, Job Openings and Labor Turnover Survey (JOLTS), and the ADP Employment report, but the Employ...
Why the U.S. Monthly Jobs Report Matters
Every month, the U.S. Bureau of Labor Statistics releases a report that looks at the unemployment rate, among other job-related data in the country. But who counts as "unemployed" can be tricky.
U.S. posts weakest growth of pandemic recovery on supply issues, COVID surge | Crain's Detroit Business
U.S. economic growth slowed more than expected in the third quarter to the softest pace of the pandemic recovery period as snarled supply chains and a surge in COVID-19 cases throttled spending and investment.Gross domestic product expanded at a 2 percent annualized rate following a 6.7 percent…
Masco: Paint prices to rise due to soaring costs of materials and shipping | Crain's Detroit Business
Housing Data - Zillow Research
Note: We make frequent changes to the download paths for CSVs and ask that users who have standard code to ingest our data consider switching to the Econ Data API to avoid that code being affected by these changes. DEFINITIONS OF HOME TYPES All Homes: Zillow defines all homes as single-family, condominium and co-operative homes with...
On The News - What America's Supply-Chain Backlog Looks Like Up Close
California’s Port of Los Angeles is struggling to keep up with the crush of cargo containers arriving at its terminals, creating one of the biggest choke points
College enrollment plummeted during the pandemic. This fall, it's even worse
The pandemic has seen far fewer students go to college — that trend continued this fall, according to preliminary data from the National Student Clearinghouse Research Center.
Paint prices are going to rise as Masco aims to offset soaring materials, shipping costs
Masco Corp. is benefitting from continued strong demand for its paint and plumbing products, but supply chain kinks and rising raw material costs are hurting profitability.Part of the solution, according to executives of the Livonia-based manufacturer, is passing costs onto customers. That means do…
DeVos and Haworth: New corporate welfare is not the answer to Ford's southern investments
By now, you've heard the news that Michigan lost out to Kentucky and Tennessee on an $11.4 billion investment from Ford Motor Co. to build new electric vehicle facilities.To say the decision stung is an understatement. Ford is part of Michigan's DNA and to see a significant future investment go…
Consumer prices rise more than expected as energy costs surge
Consumer prices increased slightly more than expected in September as food and energy price rises offset declines in used cars, the Labor Department said.
Social Security's cost of living adjustment will see its biggest jump in decades
The biggest cost-of-living adjustment in 39 years follows a burst in inflation as the economy struggles to shake off the drag of the coronavirus pandemic.
Americans quit their jobs at a record pace in August
WASHINGTON (AP) — One reason America's employers are having trouble filling jobs was starkly illustrated in a report Tuesday: Americans are quitting in droves. The Labor Department said that quits jumped to 4.3 million in August, the highest on records dating back to December 2000, and up from 4 million in July.
Labor Force Exits and COVID-19 | St. Louis Fed
Millions of workers are still unemployed or have dropped out of the labor force. What is the likelihood that these people will return to work in the coming year?
Wall Street vs Main Street: The Stock Market is Not the Economy
To give context to the Wall Street vs Main Street debate, we compare S&P 500 returns and U.S. GDP growth since 1980.