Economics

The Appeal's 9-month investigation uncovered prison commissaries’ exploitative, inconsistent systems with inside prices up to five times higher than in the community and markups as high as 600 percent.

A sitting US senator faces a weekslong trial over charges of taking bribes including gold bars, cash and a luxury car to, among other things, help push US aid and weapons to a foreign government and stop a federal case against one of his co-defendants.

Our calculator takes the most important costs associated with buying or renting and compares the two options.

More than two dozen candidates have been killed leading up to the June 2 vote. Hundreds more have dropped out of their races.

We don't know for sure how much buy now, pay later borrowing people are doing.

Falling crop prices are leaving agriculture equipment sellers with an excess of unsold tractors and combines. To cope with the surplus, dealers are discounting machines, suspending new orders, and even auctioning off equipment at reduced prices.

Social media stars are downplaying fears of deforestation and boredom in Nusantara.

Despite those letters sent to debt relief recipients that read, “Congratulations! The Biden-Harris Administration has forgiven your federal student loan(s),” loan forgiveness is not an act of charity. Nor is it sound policy.

Ever wonder how all your recyclables are mixed in a bin at your curb, yet end up in the right place? That is because it is sorted at Socrra. Sterling Heights Television visited the facility and gives you this tour.

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No surprise: the iPhone 15s are selling very well.

Introducing the all-new iPad Pro. Outrageous performance by the first-ever M4 chip. With the breakthrough Ultra Retina XDR display. All in the thinnest Apple product ever. iPad has never been this powerful. Or this thin. Learn More: https://apple.co/3QEsTSv Audio Descriptions: https://youtu.be/uT24U56I1ZA “All I Ever Need Is You” by Sonny & Cher - https://apple.co/sonny-cher-all-I-need #iPad #iPadPro #ApplePencilPro Welcome to the official Apple YouTube channel. Here you’ll find news about product launches, tutorials, and other great content. Apple’s more than 160,000 employees are dedicated to making the best products on earth, and to leaving the world better than we found it.

This doesn't make socialism look very attractive.

Thousands of Taylor Swift fans who missed out on her U.S. concert tour last year found an out-of-the-way solution: Fly to Europe.

That’s according to one of the largest agencies catering to America’s ultrahigh-net-worth jet-setters.

Globalization has led to unprecedented levels of trade between nations around the world. But who are the winners and losers of globalization? Is it good for ...

"Birth rates are assumed to increase from recent very low levels to an ultimate level of 1.9 children per woman for 2040 and thereafter."… — Melissa S. Kearney (@kearney_melissa)

Artists and songwriters are cashing in on their old music catalogs. Learn what's driving the trend with Fifth Third.

Talking to kids about the wider world

Spicy, steaming, slurpy, ramen might be everyone’s favorite Japanese food. In Tokyo, there are lines around the block, and the ramen is often cooked right before your eyes behind dingy counters.

— Squawk Box (@SquawkCNBC)

Renters are more pessimistic than ever about their homeownership prospects.

NEW YORK—The Federal Reserve Bank of New York today released results from its 2024 SCE Housing Survey, which is part of the broader Survey of Consumer Expectations (SCE) and provides information on consumers’ housing-related experiences and expectations. The results show that the pace at which households expect home prices to rise in the next year has reaccelerated after falling last year, with average one-year ahead expectations now reaching their second highest reading in the survey’s history. In contrast, home price growth expectations for the next five years declined slightly. Expectations about the change in the cost of rent were considerably higher than home price expectations but followed a similar pattern, as rental price growth expectations increased for one-year-ahead and were essentially flat for five-years ahead. Homeowners’ expectations about the likelihood of refinancing their mortgages over the next 12 months rebounded slightly after falling last year, but remain well below pre-pandemic levels. Renters’ views on the ease of obtaining a mortgage deteriorated substantially, with 74.2% stating that obtaining a mortgage is somewhat or very difficult. In fact, renters’ self-assessed probability of ever owning a home decreased to a new series low.

Prices at limited-service restaurants including Wendy's, Taco Bell, Chick-fil-A and Chipotle have increased more over the past decade than both full-service ...

Jared Bernstein is literally the Chair of the Council of Economic Advisers, the main agency advising Biden on economic policy — Arnaud Bertrand (@RnaudBertrand)

A shortage of olive oil has driven prices to record highs, fueled a crime surge and pushed the industry into crisis mode.

Boeing is finally poised to launch astronauts to the International Space Station for NASA after years of delays and stumbles.

With housing prices on the rise, more and more young people are being priced out of the market. Unfortunately, most politicians are too afraid to tell them what’s really behind the affordability crisis.

A new test developed by Carleton University researchers to detect low-quality sap is being hailed as a way to prevent thousands of litres of maple syrup from circling the drain each year.