Newsroom | Northwestern Mutual - Planning & Progress Study 2022
Made in America: Goods Exports by State
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.
Sotu 2015 economic mobility
Jacob Reed - ReviewEcon.com on Twitter: "RT @byHeatherLong: Workers are experiencing the biggest decline in years in inflation-adjusted pay. Wages are up 5.1% in past year. Infla…" / Twitter
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
Mapped: The Top U.S. Exports by State
From Nevada gold to Maine’s top-tier lobsters, here are America’s top exports by state.
How one Michigan State NIL deal improved the life of a student athlete | Bridge Michigan
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.
How Do Big Tech Giants Make Their Billions?
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's thermostat recommendations surprise the internet
Energy Star, a federal program, suggested that people should keep their homes at 78 degrees,
Countries with the Highest Default Risk in 2022
In this infographic, we examine new data that ranks the top 25 countries by their default risk.
US inflation surges again in June, raising risks for economy
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 .
The Swiss salt monopoly | Schweizer Salinen
Living New Deal | Still Working For America
Documenting, preserving, and commemorating FDR's New Deal. Discover the New Deal on our interactive map, view photos and read New Deal stories.
Visualizing Amazon’s Rising Shipping Costs
Amazon's shipping costs have surged to over $150 billion - a number that has almost doubled since the start of the pandemic.
The Pros and Cons of Buy Now, Pay Later Financing
During online shopping, have you noticed special payment offers that promise to let you “buy now and pay later” popping up in recent years?
Are corporate profits driving inflation?
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...
How the American middle class has changed in the past five decades
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 | Data
Gini index - Canada, France, Germany, Italy, Japan, United Kingdom, United States from The World Bank: Data
Copper price plunges to 20-month low and historic recession alarm bells are ringing
The metal has entered a bear market before every recession in the last 30 years.
California cities ban new gas stations in battle to combat climate change
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.
California Governor: Nothing epitomizes market failures more than the cost of insulin
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.
Sri Lanka's crisis cripples once burgeoning middle class
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.
What does it mean for a company to use a ‘Made in USA’ label?
As more companies bring manufacturing stateside, here’s what they can and can’t say about being American-made.
FDA Finally Admits It Caused the Baby Formula Shortage
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.
Student Loans: Higher Rates Start This Week
What's your new rate for your student loans?
Reinventing credit cards: Responses to new lending models in the US
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.
Penguins Refuse to Eat Cheaper Fish After Aquarium Cut Cost to Fight Inflation
Fish, please.
With Recession Threatening, The Lipstick Effect Kicks In And Lipstick Sales Rise
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.
Dr. Carly Urban Shares Insights from Recent Meta-Analysis of Financial Education Experiments - Blog
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.
US wages are rising rapidly, but not enough to keep up with inflation
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.
The U.S. Inequality Debate | Council on Foreign Relations
Public policy experts call income and wealth inequality one of the defining challenges of this century. Recent crises have accelerated these divisions, and the COVID-19 pandemic has deepened them fur…