Economics

WASHINGTON (AP) — The U.S. economy is caught in an awkward, painful place. A confusing one, too. Growth appears to be sputtering, home sales are tumbling and economists warn of a potential recession ahead .

US economic data from production to credit is diverging in surprising ways

Which countries drink the most beer? China ranks number one due to its sheer size, and the Czech Republic comes out on top, per capita.

Most millionaires use similar strategies to build wealth, according to best-selling author and financial expert Tom Corley, who has interviewed 225 of them. Here are the four types of "rich people," and the habits that helped them become millionaires.

It’s Amazon’s latest push into the smart home space.

This year's plentiful cherry season could end up the pits for some Michigan farmers.

Swimply services allow residents to offer up their pools to rent and it's starting to take off: 49 listings show up in Metro Detroit area.

In modern societies, cultural change seems ceaseless. The flux of fashion is especially obvious for popular music. While much has been written about the origin and evolution of pop, most claims about its history are anecdotal rather than scientific in ...

Combined, the two publishers made up 49% of the top 100 best-selling print books last year.

WASHINGTON (AP) — At a time of mega-mergers and flashy high-tech corporate hookups, the biggest U.S. book publisher’s plan to buy the fourth-largest for a mere $2.2 billion may seem somewhat quaint.

Gross domestic product fell 0.9% at an annualized pace for the period, according to the advance estimate.

All-Transactions House Price Index for the United States

Key Findings A vast majority of U.S. consumers* are concerned about rising inflation (85%) and a recession (74%), and over half (56%) say their standard of living is declining. There is a significant uptick in the percentage who feel “very unhealthy” financially, especially among women (26%) and those who have changed jobs in the last […]

Consumers’ Buy-Now-Pay-Later repayment data is starting to be furnished to the nationwide credit reporting companies. A standardized approach would promote consistency and accuracy.

After a period of explosive growth, BNPL companies are facing challenges.

Klarna said it raised $800 million in fresh funding at a $6.7 billion valuation — down sharply from $45.6 billion a year ago.

The Department of Justice has filed an antitrust suit to block the merger of two of the US's largest book publishers.

Your new favorite teaching strategy: This pared-down version of learning stations keeps the movement, interactivity and variety while minimizing the prep work.

Eleven golfers, including Phil Mickelson and Bryson DeChambeau, have filed an antitrust lawsuit against the PGA Tour, with three of them also filing to gain entry into the FedEx Cup playoffs.

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Colleges claim to award scholarships based on merit or need. In reality, they’re just charging the most they think families will pay.

Young people and consumers with low credit scores saw the largest spikes.

Despite ripple effects from conflict and inflation, global growth continues. According to the IMF, the global GDP will hit $104 trillion by end of year.

Global wheat production is concentrated in just a handful of countries. Here’s a look at the top wheat-producing countries worldwide.

A learning environment giving you a glimpse into life during communism.

A Retail Brew/Harris Poll survey found that consumers want more US-made products, but there are limits to how much more they’ll pay

While there's a risk of recession for 2023, any decline should be mild and short-lived.