Economics

SUPPORT us on PATREON: https://www.patreon.com/twocentspbsdsSUBSCRIBE to Two Cents! https://goo.gl/jQ857HIf you've ever said, "Christmas has gotten too comme...

The jury ruled last week that the egg producers used various means to limit the domestic supply of eggs to increase the price of products during the 2000s.

If we want to stop young people from being disillusioned with capitalism, we need to honestly acknowledge the problems they're facing instead of dismissing them.

The U.S. military runs more than 3,000 slot machines on U.S. military bases overseas even though the rate of problem gamblers in the military is thought to be around twice that the general population.

FSU coach Mike Norvell on today’s decision ⬇️ pic.twitter.com/C7CLT4imQP— Adam Rittenberg (@ESPNRittenberg) December 3, 2023

Alaska Air on Sunday announced it will buy Hawaiian Airlines for $1.9 billion.

Cocoa shortages have caused the coveted candy ingredient to trade at its steepest price in decades, and consumers aren’t having it.

Expect prices for chocolate and shares in its manufacturers to continue along opposing directions of travel

As if a sugar shortage wasn't enough, now a cocoa shortage will surely put a damper on your holiday spirits as cocoa futures reach a record high not seen in more than four decades.

Tesla finally delivered the long-awaited Cybertruck to the first batch of customers. But there’s still a long road ahead for the angular, polarizing truck.

Compare your tipping habits with those of the overall public by visiting Tipping Point, the small town with a big-city feel.

12 strangers, divided into pairs must find the other person in New York City with only $100 and no idea who they're looking for.Read the full story from ABC News here: http://abcnews.go.com/Primetime/story?id=1730849

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The federal government routinely uses government spending and taxes to help offset the highs and lows of the U.S. business cycle. While government spending typically increases during a recession, the magnitude of the fiscal expansion during the pandemic recession was outsized compared with the average historical pattern. This likely contributed to real economic growth and possibly inflation during the recovery. Over the next few years, U.S. fiscal policy is expected to be roughly neutral, providing neither a tailwind nor headwind to the overall economy.

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"The Yankees pledged to donate $40 million to the affected areas, but the immediate community has barely seen a dime from the team. And more importantly, the...

For National Economic Education Month, we asked high school teachers what they hope students take away from their economics class.

We're on a mission to make every family in America financially healthy and all-around happy. We help families to do money right by giving every member of the family an account that lets them save for their goals, spend money reponsibly, learn financial literacy, and transfer money between family members and friends real-time.

Consider these Black Friday statistics to learn how shopping this holiday season might compare to previous years.

These countries tried everything from cash to patriotic calls to duty to reverse drastically declining birth rates. It didn’t work.

A short history of Giving Tuesday, the international day for giving back.

EU antitrust regulators said on Monday Amazon's $1.4 billion acquisition of robot vacuum maker iRobot may squeeze out rival robot cleaners on its online marketplace.

Consumers are expected to use “buy now, pay later” payment plans heavily this holiday season, a forecast that bodes well for retailers but that has credit experts again sounding alarm bells.

“Buy now, pay later” (BNPL) has become an increasingly popular form of payment among Americans in recent years. While BNPL provides shoppers with the flexibility to pay for goods and services over time, usually with zero interest, the Consumer Financial Protection Bureau (CFPB) has identified several areas of potential consumer harm associated with its growing use, including inconsistent consumer protections, and the risk of excessive debt accumulation and over-extension. BNPL proponents have argued that the service enables improved credit access and greater financial inclusion, with approval being quick and relatively easy. More research is needed to assess the overall risks and benefits of BNPL for consumers. As a first step, we draw on new survey data to examine the background and circumstances of consumers who receive and take up BNPL offers. We find both the availability and use of BNPL to be fairly widespread but see disproportionate take-up among consumers with unmet credit needs, limited credit access, and greater financial fragility. While BNPL expands financial inclusion, especially to those with low credit scores, there is a risk that these payment plans contribute to excessive debt accumulation and over-extension.

Take On Payments gives its take on some of the pluses and minuses of the buy now, pay later payment option.

With credit card debt reaching an all-time high, some may be in search of alternative payment methods such as buy now, pay later options. Here's what to know.

Apple is entering the buy now, pay later industry with its Apple Pay Later installment payment option. Here's how it compares with four popular BNPL services.

American consumers are still doing their thing.