Economics

All the stuff on top of the mortgage has become more expensive.

For the average single-family homeowner, ongoing yearly expenses have increased 26 percent since 2020, according to a new Bankrate study.

The typical compensation package for chief executives who run companies in the S&P 500 jumped nearly 13% last year, easily surpassing the gains for workers at a time when inflation was putting considerable pressure on Americans’ budgets.

(Bloomberg) -- In a room filled with more than 800 sugar traders, Sally Lyons Wyatt, an executive at consumer researcher Circana, had an important message to deliver: Ozempic is coming for your industry.Most Read from BloombergWall Street Moves to Fastest Settlement of Trades in a CenturyIsraeli Airstrike and Egyptian Guard’s Death Ratchet Up TensionsFor Private Credit’s Top Talent, $1 Million a Year Is Not EnoughCatering to the Ultra-Rich Is a Booming Business in AustraliaStocks Fluctuate at St

The union that represents workers at ports from Maine to Texas canceled labor talks in a row over the use of automated machinery.

Service charges added to restaurant bills are a little different since they’re often applied in the context of some increased cost that the restaurant has incurred. So then why don’t restaurants just increase the prices of the dishes instead? Well, there’s some solid economic reasoning behind this growing trend.

Where have all the Teslas gone? Stored in parking lots, every one....

Digital surveillance and customer isolation are individualizing the prices we pay.

How do your savings compare?

Have you been wondering how much house can I afford? We’ll help you calculate the exact number with our home affordability calculator.

For better or for worse, inflation is here to stay. This game lets you practice your decision making centered around the rise and fall of prices and interest rates. Inflation stinks--nobody likes paying more for the goods and services they buy. But since interest rates are the tool most commonly used by the Federal Reserve to bring inflation down, that means it's possible to mitigate the damage of inflation by choosing what to do with your finances based on their rise and fall.

The nation’s largest city is gearing up to implement congestion pricing.

New York Governor Kathy Hochul announced Wednesday she is indefinitely delaying the implementation of congestion pricing in New York City’s borough of Manhattan just weeks before the plan was set to take effect, dealing a major blow to transportation advocates who have spent decades pushing for the deal and a win for several opponents of the plan who say the toll is a regressive tax on commuters.

To calculate "how much house can I afford," one rule of thumb is the 28/36 rule, which states that you shouldn't spend more than 28% of your gross monthly income on home-related costs and 36% on total debts, including your mortgage, credit cards and other loans like auto and student loans.

Thinking about how much house can I afford? Based on your annual income & monthly debts, learn how much mortgage you can afford by using our home affordability calculator.

How power, technology, and opportunity have come together to gouge consumers

Who's winning the battle for eyeballs?  Answer: Streaming has recently surpassed cable, with 38.4% of total TV consumption vs. 29.1% for cable Questions: When it comes to consuming TV, which method do you use most? Why?  Why do you think that streaming recently surpassed cable?  How many streaming services do you think are useful?  Do you think recent price increases from streaming services or their move to ad-supported models will impact their popularity? Why or why not?    Here are the ready-to-go slides for this Question of the Day that you can use in your classroom.

Inflation may have slowed last year, but it continued to deal heavy blows — some devastating — on Americans’ livelihoods: Nearly two-thirds of US households were worse off because of it, and roughly 1 in 6 adults couldn’t pay all their monthly bills, new Federal Reserve data shows.

If high inflation hurts just about everyone, why can’t we have no inflation?This video is presented by DCU. DCU doesn’t have a say in our editorial decisions...

The audio purveyor is raising prices again.

Zero-down mortgages are making a comeback.

When it comes to income, there is no magic number.

An Equestrian Kid Rock Fan, An Idealistic Cheesehead and an Aspiring Comic Emerge

More and more musicians are saying “The show must go on” doesn’t apply to them.

40% of US need for lithium could be covered by Pennsylvania's fracking byproduct.

Why now? Every retailer wants to be seen as the ‘one’ that finally lowered prices.

As they upgrade to fiber-optic cable, telecommunications companies could recover as much as 800,000 metric tons of copper over the next decade.

Apple's smartphone shipments in China rose 52% in April from a year ago, extending a rebound seen in March, according to data from a research firm affiliated the Chinese government.

“Taxing profits is tantamount to taxing success in best serving the public.”