Economics

The Federal Reserve has traditionally focused on monetary policy and bank regulation, but some are calling for the Fed to address other issues, such as climate change and economic inequality. But further politicization of the Fed would be dangerous and counterproductive, reducing Fed independence and leading to more economic instability. The Fed should instead focus exclusively on monetary policy and leave political issues to Congress.

Can your Myers–Briggs personality type impact how much you make? See for yourself with this breakdown of average income for all 16 personality types.

Map the childhood roots of social mobility

Cleaner air in United States and Europe is brewing more Atlantic hurricanes , a new U.S.

The FOMC announced it will begin reducing the size of the Fed’s balance sheet in June 2022. How will such reduction work, and how long will it continue?

Widening impacts of the Russia-Ukraine war.

The Bureau of Economic Analysis released their quarterly gross domestic product report this week. It showed GDP shrank at an annualized rate of 1.4%. Not good. But there's a mix of stories in the details. We explain with the help of a bit of music.

Fans could get the first card with a team's draft pick in a month. However, supply chain issues delayed the 2021 draft class' most collectible cards by a year.

A philosopher probes the ethics of a knotty situation.

NEW YORK (AP) — The U.S. dollar’s value surged in April as investors sought refuge amid the Federal Reserve’s aggressive shift to fight rising inflation. Rising inflation that has caused the biggest jump in prices in 40 years has spurred the Federal Reserve to aggressively raise interest rates, which increases demand for U.S.

Why the stock market has to go down sometimes.

The Federal Reserve on Wednesday showed that it intends to achieve price stability, maximum sustainable employment and long-term growth despite the risk of a higher unemployment and a hard landing of…

Robust growth in mortgages has pushed U.S. consumer debt to nearly $16 trillion. Click to gain further insight into the situation.

This morning the White House announced that 20 major internet service providers have committed to lowering the cost of internet access for low-income households who qualify for the federal subsidy of up to $30 per month (of $75 per month for tribal households).

“Buy now, pay later” may be jeopardizing Gen Z's financial future in just four easy...

From Fords in the Midwest to Toyotas on the coasts, here are the best selling vehicles in America, visualized by state.

Restrictions on exports like fertilizer and steel have major economic ramifications for trading partners.

Student loans are leaving millions of Americans with really bad hangovers.SUBSCRIBE to get the latest truTV content: http://bit.ly/truTVSubscribeCheck Adam’s...

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Apple products are not cheap. What is it that makes them carry such a hefty price tag? There are plenty of options for consumers when it comes to things like computers, tablets, and smartphones. Yet, Apple is the clear preference for consumers in the United States.

Indonesia will start restricting exports of palm oil this week, a move that could make the global food crisis worse and push up the prices of hundreds of consumer products.

The number of people — particularly younger Americans — looking for their own apartments is squeezing an already tight housing market. Here is how rents are going up in your area.

Ukraine is pushing up prices of commodities including food, cotton and energy, the World Bank says.

The ban adds more uncertainty to a global food market suffering from wild price swings.

If someone pitches you on a "great" Web3 project, ask them if it requires buying or selling crypto to do what they say it does.Sources and Further Readinghtt...

WASHINGTON (AP) — President Joe Biden said Thursday that he's “taking a hard look” at canceling additional federal student loan debt and will reach a decision within a month. “I am considering dealing with some debt reduction,” Biden told reporters in the Roosevelt Room at the White House.

It wasn’t long ago that the U.S. economy needed a shot in the arm. Millions of Americans had lost their jobs as the country shut itself down to slow the spread …