Economics

Tuition at America’s public universities has nearly tripled since 1990. With President Biden looking to ease the burden for some students, experts explain how federal financial aid programs can actually contribute to rising costs. Photo: Storyblocks

Relief checks drove consumer spending on goods in the first quarter. Pent-up demand for services may be the key going forward.

The recovery is profoundly unequal across sectors, unbalanced in ways that have big implications for businesses and workers.

Why you need to stock up on wine, used cars, diapers and potted plants now.

Creating and seeding accounts for every newborn is found to have an impact on aspirations as well as savings.

President Biden is wrapping up a historic first 100 days as president of the United States. With the Dow up 3375 points, or 11%, it would be the second best 100 days' performance in 100 years.

On Wednesday, the Biden administration threw its support behind a waiver

Powered by consumers and fueled by government aid, the U.S. economy is achieving a remarkably fast recovery from the recession that ripped through the nation last year on the heels of the coronavirus and cost tens of millions of Americans their jobs and businesses. The number of people seeking unemployment aid — a rough reflection of layoffs — last week reached its lowest point since the pandemic struck. Economists say that widespread vaccinations and declining viral cases, the reopening of more businesses, a huge infusion of federal aid and healthy job gains should help sustain steady growth.

Treasury Secretary Janet Yellen conceded that interest rates may have to rise to keep a lid on the burgeoning economic growth.

We’re eating more meatless meat than ever, but it’s still not much.

Pokémon cards aren't just expensive. Card grading services are being completely overwhelmed in an “avalanche of cardboard.”

People are dressing up again—sort of—as they get vaccinated, venture out to social events and prepare to return to work, and the fashion industry is preparing for a major surge in sales.

“We have a couple of years until we catch up to this surging demand across every aspect of the business,” new Intel CEO Pat Gelsinger said.

Many restaurant owners say there’s a short supply of chicken wings and they’re struggling to get them.

Hertz, Avis and Enterprise sold enough of their fleets during the pandemic to create a shortage now that demand is picking up ahead of the summer travel season.

Central bank digital currencies promise to be a new form of money that could greatly increase the efficiency of future payment and settlement systems worldwide.

A lot of gig workers in the United States should be classified as "employees" who deserve work benefits, President Biden's labor secretary said on Thursday, suggesting a shift in policy that is likely to raise costs for companies that depend on contractors such as Uber (UBER.N) and Lyft (LYFT.O).

Amazon.com Inc (AMZN.O), one of the biggest winners of the pandemic, posted record profits on Thursday and signaled that consumers would keep spending in a growing U.S. economy and converts to online shopping are not likely to leave.

Trevor Lawrence, the presumptive No. 1 pick in the 2021 NFL draft by the Jaguars, will have his signing bonus placed into a cryptocurrency account.

Nexteer Automotive said the chip shortage has sparked volatility in automaker assembly plants, but the company still anticipates total bookings to surge to $6.4 billion this year. The steering and driveline systems supplier saw bookings of $3.7 billion in 2020. Auburn Hills-based Nexteer,…

Civil Rights leaders point to historic criminalization of drug and alcohol bans

The gross domestic product data marked the second-fastest pace for growth since the second quarter of 2003.

Michigan’s child care sector is gearing up for perhaps its highest stakes policy debate ever, with $1.4 billion in federal coronavirus pandemic aid on the line. Just about everyone involved in caring for Michigan’s youngest students agrees the money is badly needed. Shortages of child care slots…

For better or for worse, labor-saving tech can actually lead to more work.

Looking to the future, Biden urged a $1.8 trillion investment in children, families and education that would fundamentally transform roles the government plays in American life.

Gov. Gretchen Whitmer is tying the future of COVID-19 restrictions in Michigan to vaccination rates.

Roth IRA calculator, made by FinMango

Ford Motor Co. on Wednesday posted its highest first-quarter net income in a decade but said it could lose half of planned production in the second quarter due to the semiconductor shortage that has halted some high-profit assembly lines. The automaker said it earned $3.3 billion from January…