Economics

French Champagne producers have decided to put unprecedented limits on the quantity of grapes they’ll harvest this year

While California braced for another round of rolling blackouts Monday night, the state's grid operator held off for a second straight night.

We seem to be living in unprecedented times. We always seem to be living in unprecedented times, according to conventional wisdom, mostly b...

/PRNewswire/ -- Research conducted by the National Financial Educators Council in August indicated that the majority of Americans (over 84%) replied,...

Both races make less than they did 40 years ago when adjusted for inflation. But wages for Black workers have declined more since the 1970s, in part because of a loss of manufacturing and widening

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The federal deficit in 2019 was $984 billion, equal to 4.6 percent of gross domestic product. Learn more about the deficit with a new interactive version of the infographic.

Dave Ramsey's investing philosophy isn't complicated and can be replicated by anyone who is interested in investing. Find out how he invests his money!

You don’t need a finance degree or a lot of money to start building wealth. Let’s talk about the commonsense, tried-and-true methods for investing for beginners.

Emagine Entertainment is halting the use of its Royal Oak theater as a remote learning facility after being informed by the city that it was out of compliance with building code, the company said Tuesday night."We respect the city's decision in informing Emagine Royal Oak that the use of the…

Can you think like an economist? It's time to find out! Eight questions stand between you and a diploma-like certificate of economic achievement.

Can patients be coached to ask the right questions to doctors about treatment costs when they are seeking cancer treatment?Lauren Hamel, a researcher in population health and assistant professor in oncology at Wayne State University School of Medicine, felt they could ask better questions and also…

Three propositions on California’s November ballot would violate our constitutional right to private property; a fourth would violate the individual’s right to nondiscrimination. The constitutional right to private property is protected in at least eight places in the U.S. Constitution. I cite here three: the right to privacy in our possessions (Fourth Amendment); the right to private

Question of the Day Savings #2 UPDATED What is the personal savings rate in the United States? Personal saving as a percentage of disposable personal income (DPI), frequently referred to as “the personal saving rate,” is calculated as the ratio of personal saving to DPI. (Federal Reserve Bank) ww...

Kiddie Kredit is a mobile app designed to educate children on the credit system by completing chores.

Understanding economics, what some people call "economic literacy," is becoming essential for citizens in our national and increasingly interconnected world economy. Increasingly, productive members of society must be able to identify, analyze, and evaluate the causes and consequences of individual economic decisions and public policy including issues raised by constraints imposed by scarcity, how economies and markets work, and the benefits and costs of economic interaction and interdependence. Such literacy includes analysis, reasoning, problem solving, and decision making that helps peop...

Question of the Day Paying for College #40 Can you name one of the top five money mistakes that millennials made while in college? www.ngpf.org Last updated: 08/22/20

A group that's been pushing for a grassroots redevelopment of the old Michigan state fairgrounds site in Detroit isn't jumping for joy at a proposed plan to put the land back to use. The State Fairgrounds Development Coalition says it has "serious concerns" about community involvement in the…

Edpuzzle video lesson. Make any video your lesson. Take a video and crop it, add your voice or embed questions at any point.

After months of President Trump calling on the Postal Service to increase prices for commercial customers, the agency has agreed to seek rate hikes.

Domino's Pizza Inc. is looking to hire 350 people across metro Detroit in a national push for more employees as diners continue to turn toward takeout and delivery options during the monthslong COVID-19 pandemic.The Ann Arbor-based pizza giant has 20,000 job openings across the country, from…

It's hard to overstate the importance of football to America's college towns.So far, two of America's so-called Power Five athletic conferences — the Big Ten and Pac-12 — have nixed their fall football seasons over coronavirus worries, although they're considering restarting in spring…

The U.S. Postal Service has removed at least 10 automated mail-sorting machines throughout Michigan facilities this summer, lowering first-class mail-processing capacity by more than 300,000 letters per hour, postal worker union leaders told Crain's.At least three bar code sorting machines have…

The COVID-19 pandemic and resulting economic contraction is hurting Michigan more than many other states, according to a new survey from Comerica Inc.Regional economists at the Dallas-based bank report that Michigan's GDP fell at an annualized rate of 41 percent in the second quarter. During the…