What Does “Broad and Inclusive” Full Employment Mean in Practice? - Federal Reserve Bank of Chicago

Economics
How Does Your Personality Type Affect Your Income?
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.
Study finds cleaner air leads to more Atlantic hurricanes
Cleaner air in United States and Europe is brewing more Atlantic hurricanes , a new U.S.
How Will the Fed Reduce Its Balance Sheet?
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?
High fertilizer prices contribute to rising global food security concerns
Widening impacts of the Russia-Ukraine war.
Econ Exploder: GDP : The Indicator from Planet Money
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.
Why it might be a while before you get trading cards for NFL draft picks
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.
Student Debt Cancellation Is Unfair. That Doesn’t Mean Biden Shouldn’t Do It.
A philosopher probes the ethics of a knotty situation.
Dollar surges to 2-decade high as investors seek refuge
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 Does the Stock Market Go Up Over the Long-Term?
Why the stock market has to go down sometimes.
FOMC decision: Policy, price stability and balance sheet strategy
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…
Charted: U.S. Consumer Debt Approaches $16 Trillion
Robust growth in mortgages has pushed U.S. consumer debt to nearly $16 trillion. Click to gain further insight into the situation.
The Government’s Role in Expanding Broadband Access
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' sends TikTok generation spiraling into debt
“Buy now, pay later” may be jeopardizing Gen Z's financial future in just four easy...
The Best Selling Vehicles in America, By State
From Fords in the Midwest to Toyotas on the coasts, here are the best selling vehicles in America, visualized by state.
VICE - China's Ghost Cities
China’s export restrictions could pose global challenges - Marketplace
Restrictions on exports like fertilizer and steel have major economic ramifications for trading partners.
Adam Ruins Everything - How College Loans Got So Evil | truTV
Student loans are leaving millions of Americans with really bad hangovers.SUBSCRIBE to get the latest truTV content: http://bit.ly/truTVSubscribeCheck Adam’s...
Student Loan Forgiveness | The Flip Side
Get the most intelligent quotes from both sides—in a free, 5-minute email a day.
So Expensive Series - Apple Products - Blog
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.
FAO Food Price Index | World Food Situation | Food and Agriculture Organization of the United Nations
Palm oil is in half your groceries. Here's why prices might shoot up
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.
Rents are rising everywhere. See how much prices are up in your area.
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 war to cause biggest price shock in 50 years - World Bank
Ukraine is pushing up prices of commodities including food, cotton and energy, the World Bank says.
Indonesia widens export ban to include crude palm oil
The ban adds more uncertainty to a global food market suffering from wild price swings.
Line Goes Up – The Problem With NFTs
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...
Biden taking 'hard look' at student loan forgiveness
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.
Were The Stimulus Checks A Mistake?
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 …
Why Global Supply Chains May Never Be the Same | A WSJ Documentary
Every day, millions of sailors, truck drivers, longshoremen, warehouse workers and delivery drivers keep mountains of goods moving into stores and homes to meet consumers’ increasing expectations of convenience. But this complex movement of goods underpinning the global economy is far more vulnerable than many imagined. Photo illustration: Adele Morgan
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