Economics

Backseat in transit vans designed for quick removal was a way to skirt hefty import tariff, government says

Answer: 3.73% (vs. 2.75% for 2020-21 school year) Questions: How do you think this interest rate compares to the interest charged on credit card debt?  Average student debt is around $30,000 for college graduates. At current interest rates, roughly how much in interest would be paid over the life of a 10-year student loan? Here's a loan calculator to help with the math.  Click here for the ready-to-go slides for this Question of the Day that you can use with your students.  Behind the numbers (NerdWallet): Federal student loans will be more expensive for 2021-22 school year.

Biden administration suspended duties to allow time for negotiations over digital-services taxes on US tech companies

It's offering individual shareholders free popcorn and exclusive screenings

St. Louis Fed President James Bullard discusses the ratio of unemployed workers to job openings, along with other measures, to assess the state of the labor market.

Gardening stores are trying to keep shelves stocked as planting season gets underway.

A beachfront house in New Buffalo will set a new benchmark for the Southwest Michigan town when its sale closes within a few days of Memorial Day. It will be the fourth home in New Buffalo to sell for $4 million or more in the past year. That's a high-end sales rush New Buffalo hasn't…

Hilton was nearly 93% occupied on the Saturday of Memorial Day weekend, making it the best day the company has had since the start of the pandemic, its CEO says.

And what happens to your brain when you finally nail it

The president's budget details his ambitious (and costly) plans to invest in infrastructure and the social safety net — the likes of which the country hasn't seen in decades.

Potable toilet suppliers and manufacturers are scrambling to make sure that they have enough porta potties to go around.

Preliminary research data show that about a fifth of all Americans who bought guns last year were first-time gun owners. Sales usually spike around elections, but the sheer volume is notable.

Two Michigan bills that could change the way cities approach short-term home rentals have created intense debate around who gets to determine how to regulate these dwellings, more popularly known as Airbnb or vacation rentals.The issue has put interested groups such as the Ann Arbor-based Michigan…

It's not just the loss of current income during the COVID crisis that will hurt millions of women financially, but also reduced future earnings and retirement benefits that will likely follow. As one economist put it, women may "eat the cost of the pandemic for the rest of their working lives."

The pandemic has forced Americans to tackle their finances in 3 key ways, research released Wednesday shows.

An index measuring the ratio of house price to rent has risen to its highest level since 1975. The previous peak occurred during the housing bubble.

The median PCE is a measure of inflation computed by the Federal Reserve Bank of Cleveland. It ranks the components of inflation and picks the one in the middle as the measure of the longer-term trend in prices. Its construction makes it less sensitive to short-lived price fluctuations, thereby capturing the trend in prices. Released monthly.

The personal consumer expenditures price index is one of the Fed's favorite tools for tracking inflation.

California's 'Vax for the Win' program seeks to boost interest in vaccines by offering cash rewards. If you've gotten a shot, you're already eligible.

Lotteries and big prizes, such as cruises and Super Bowl tickets, being used by states, business to lure more people to get COVID-19 vaccines.

NFL football superstar Richard Sherman breaks down the money playbook. You’re adulting now, so adult with Richard Sherman.

Michigan's restaurant and hospitality industry is scrambling in preparation for the holiday weekend — one they won't soon forget. Memorial Day weekend, the unofficial start to summer, is expected to overwhelm restaurants, hotels and golf courses as the eager vaccinated population sheds masks for…

WASHINGTON (AP) — Heading into the Memorial Day travel weekend, House Republican leader Kevin McCarthy and other members of his party are falsely blaming President Joe Biden for higher gasoline and lumber costs.

The federal legislation would add up to $12,500 in tax credits for electric vehicles assembled in the United States and built by union workers.

Local pharmacies are an integral piece of a community's public health system. Right now, as we deal with an overburdened health care delivery system, our health and well-being are top of mind. Local pharmacies offer something that nobody else can: trusted, personalized care, unlike many big-brand…

The index continues to controversially be weighted by share price.

A year after safety fears led to the cancellation of baseball and other team sports, Dick’s Sporting Goods is having a comeback year as bats, balls and jerseys fly off shelves. First-quarter sales more than doubled to $2.92 billion and the company raised its expectations for sales and profits in 2021.

How many views and followers on Instagram, YouTube and TikTok do you need to give up the day job?

The amusement park is also increasing pay to a minimum of $20 an hour for all seasonal and part-time employees.