Economics

The gig is up… Yesterday the Labor Department announced a proposal that could classify millions of gig workers (think: delivery drivers, janitors,...

Thanks to touchscreens and the pandemic, tipflation is everywhere — and it’s hard to say no.

Ikea has hiked furniture prices by up to 80% since last year, an investigation by Retail Week has found.

WASHINGTON (AP) — Striking harder at Russia’s economy, President Joe Biden on Tuesday ordered a ban on Russian oil imports in retaliation for Vladimir Putin’s onslaught in Ukraine .

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15 question review game with explanations covering everything you need to know about the Ample Reserves Market Graph. For AP, IB, or College Macroeconomics.

The ongoing spread of bird flu will likely affect the price and availability of turkeys leading up to Thanksgiving.

Here's a breakdown of income and rates for next year.

Local nonprofit Sharing Excess will give away thousands of avocados for free at FDR Park this week after supply chain issues result in a massive surplus at area food banks.

A Queensland resident who stumbled upon the scene said there were ‘tonnes and tonnes and tonnes of avocados going to waste’.

The COVID-19 pandemic has dramatically changed the way Americans spend their time. One of the most enduring shifts has occurred in the workplace, with millions of employees making the switch to work from home. Even as the pandemic has waned, more than 15 percent of full-time employees remain fully remote and an additional 30 percent work in hybrid arrangements (Barrero, Bloom, and Davis). These changes have substantially reduced time spent commuting to work; in the aggregate, Americans now spend 60 million fewer hours traveling to work each day. In this post, we investigate how people spend this saved time on other activities. Using detailed data from the American Time Use Survey (ATUS), we find that employed individuals allocate their saved commute time toward leisure activities and sleeping, while reducing overall work hours.

Generally favorable weather and replanting of old trees have boosted yields in the country's Central Highlands.

From the vantage point of policymakers in the Federal Reserve, an oil embargo by Arab producers against the U.S. further complicated the macroeconomic environment of the early 1970s.

A local nonprofit is giving away over 2,000 pounds of the fruit, calling it “Avogeddon.”

Some have wondered if there will be division in locker rooms where there is a player making seven figures.

Athletes at UM, MSU and elsewhere are cashing in during a new era in college sports that has little regulation.

Texas-based RealPage’s YieldStar software helps landlords set prices for apartments across the U.S. With rents soaring, critics are concerned that the company’s proprietary algorithm is hurting competition.

U.S. President Joe Biden announced a plan on Wednesday to sell 15 million barrels of crude oil from the nation's emergency supply and begin refilling the reserve as he tries to dampen high gasoline prices ahead of midterm elections on Nov. 8.

Brouhaha over raunchy behavior by a so-called charity vendor continues.

The popular payment plans from companies including Afterpay are largely going unreported out of concern that they could ding credit scores.

Popularized by Starbucks two decades ago, the seasonal flavoring is now a food industry phenomenon.

If it seems like there are more sales lately, it’s because there are. General retailers are shedding excess inventory. Why? Just blame the bullwhip effect.WS...

The differences between a lab-grown and natural diamond are very minimal, and mostly have to do with how they are made and how much they cost.

The average student loan debt for recent college graduates is nearly $30,000, according to U.S News data.

Married or single, we've all heard it. "You could buy a house for the price of that wedding!" But have you ever stopped to think, what if you actually did?SU...

Economist Eric Winograd says with services now driving inflation, "it is going to take a meaningful weakening of the labor market to bring inflation to heel.”

The huge gap between rising incomes at the top and stagnating pay for the rest of us shows that workers are no longer benefiting from their rising productivity. Before 1979, worker pay and productivity grew in tandem. But since 1979, productivity has grown eight times faster than typical worker pay (hourly compensation of production/nonsupervisory workers).

Find your age in our 2022 average term life insurance rate chart to get an idea of your monthly cost.

Major shipping delays and backlog of vessels after region experiences lack of rainfall in recent weeks