Economics

AL 0 Tim Kaiser, Annamaria Lusardi, Lukas Menkhoff, and Carly Urban Financial Education Affects Financial Knowledge and Downstream Behaviors effect of financial May 12, 2022

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The U.S. baby formula shortage should improve dramatically in coming weeks, President Joe Biden and top officials said on Friday as the administration scrambled to reverse a shortfall that hits lower-income Americans particularly hard.

Out-of-Stock Rate in April 2022 is 31%. Baby Formula; Up 11% Compared to November 2021. Data Shows Out-of-Stock Impacts of Inflation & more.

Endless “sold out” shelves… not again. A baby-formula crisis is rippling through the US, forcing parents to ration supplies or drive hours in...

Every year millions of new students are pumped into the federal loan system while current borrowers struggle to exit it.

Statistics on the level of educational attainment (i.e. high school, bachelor's degree, etc.) broken down by demographics including by race.

Discover the positive effect that education can have on your earning potential and discover what you need to accomplish to attain each level of learning.

We surveyed 1,000 Americans with a university or post-graduate degree, aged 25 and up, to gain a clearer understanding of their current financial situation

"It is far better to be born rich and white than smart and poor in America," reads a recent report from Georgetown University.

In the US, you drink milk or you pay up.

New Zealand will help pay for lower-income families to scrap their old gas guzzlers and replace them with cleaner hybrid or electric cars.

NEW DELHI (AP) — India has banned exports of wheat effective immediately, citing a risk to its food security, partly due to the war in Ukraine. A notice in the government gazette by the Directorate of Foreign Trade, dated Friday, said a spike in global prices for wheat was threatening the food security of India and neighboring and vulnerable countries.

$49.2 billion of it can be spent for literally any purpose.

At a March 2022 Hutchins Center event, BlackRock's Isabelle Mateos y Lago shared her thoughts on how Fed Chair Jerome Powell and other central bankers might think and act on climate change most effectively.

Second event in virtual series looks at causes, solutions for racial employment disparities

For every Republican economist the system employs, it has more than 10 Democrats.

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.