Economics

With the weather outside becoming frightful, many small businesses in Michigan are wondering how they'll survive as COVID-19 spreads more easily in crowded, indoor places.The state of Michigan's Department of Labor and Economic Opportunity has teamed up with the Small Business Association of…

The U.S. government started fiscal 2021 with an October budget deficit of $284 billion, a record for the month, as coronavirus-related outlays spiked sharply from a year earlier and revenues declined, the Treasury Department said on Thursday.

On Sunday, as many as 76,000 new hunters will disperse across Michigan's leaf-covered meadows and oak forests in search of bagging their first whitetail deer. The COVID-19 pandemic forced many across the state, and the U.S., to abandon some preferred pastimes — such as keeping a scoresheet from…

Prices for cleaning products went gangbusters this year pic.twitter.com/BbO9kJJsCz— Morning Brew ☕️ (@MorningBrew) November 14, 2020

How much more expensive are basic staples than they were 10 years ago? This infographic tracks grocery prices for 30 common items like cheese, fruit, and eggs.

For the fifth straight month in 2020, golf rounds surpassed 2019 totals. Merchandise sales in the third quarter grew 42% year-over-year.

Video clips from the television show the office that illustrate economics concepts.

Teaching Economics with Media

Exploring hidden economic concepts within NBC's hit television show, Parks and Rec.

Visit the post for more.

As chairman of the Federal Reserve during the pandemic, Jerome Powell has managed to do something almost unimaginable in Washington: a good job.

The move is designed to protect the chain from the volatility of the chicken wing market.

Tuition, other school fees, and childcare costing $20 in 1978 is equivalent to $260.09 in 2020.

The U.S. government on Thursday filed a lawsuit seeking to block Visa Inc from purchasing the financial technology company Plaid.

Why Supreme is so expensive pic.twitter.com/CUUMEhIWba— Business Insider (@businessinsider) October 31, 2020

Bars and restaurants, hamstrung for months by the coronavirus pandemic, are both eagerly and anxiously anticipating the delayed return of Big Ten football Saturday.The University of Michigan opens away at Minnesota while Michigan State University begins the season at home against Rutgers University…

Despite most produce being naturally grown, scientists are developing new varieties of fruits and vegetables, like the Cosmic Crisp apple created at Washington State University.

TRAVERSE CITY — Vineyard managers in northern Michigan are expecting a solid grape crop harvest, with one calling the quality of this year's grapes "exceptional."Brys Estate Vineyard & Winery on Old Mission Peninsula, near Traverse City, is on track to finish picking grapes around the…

Short's Brewing Co. is nearing the finish line on a $1.5 million expansion at its manufacturing facility in Elk Rapids, which couldn't come at a better time as the popular brewer enjoys a big bump in demand. Short's, whose most popular beers include Soft Parade and Huma-lupa-licious, reported a 30…

The Kroger Co. is spending $95 million to build an automated customer fulfillment center in Romulus that would create 270 jobs. The Michigan Strategic Fund board on Tuesday awarded $1.6 million in a Michigan Business Development Program grant to support the project. The planned 130,000-square…

President Donald Trump has used tariffs as a means to an end for the past three-plus years.The Trump administration sought to level the economic playing field and usher in new trade deals with perceived adversaries, mainly China and Mexico.But the automotive industry has struggled under the trade…

Restaurant Brands International reported that its quarterly revenue fell 8%, dragged down by slower sales at Tim Hortons and Burger King.

The manufacturer’s sales for personal products are booming, as hospitals buy face masks to protect health workers from Covid-19 and people sheltering at home purchase more cleaning supplies and painters’ tape.