
Economics
America’s Highest Earners And Their Taxes Revealed
Secret IRS files reveal the top US income-earners and how their tax rates vary more than their incomes. Tech titans, hedge fund managers and heirs dominate the list, while the likes of Taylor Swift and LeBron James didn’t even make the top 400.
US inflation jumped 8.5% in past year, highest since 1981
WASHINGTON (AP) — Inflation soared over the past year at its fastest pace in more than 40 years, with costs for food, gasoline, housing and other necessities squeezing American consumers and wiping out the pay raises that many people have received.
No poop for you: Manure supplies run short as fertilizer prices soar
For nearly two decades, Abe Sandquist has used every marketing tool he can think of to sell the back end of a cow. Poop, after all, needs to go somewhere. The Midwestern entrepreneur has worked hard to woo farmers on its benefits for their crops.
The Labor Market for Recent College Graduates - FEDERAL RESERVE BANK of NEW YORK
New York Fed economists Jaison Abel and Richard Deitz track data on the job prospects, wages, unemployment, and underemployment of new U.S. college graduates. Trends for young workers holding only a high school diploma provide a comparison
Vinyl Sales Soar — and Even CDs Rebound — as U.S. Recorded Music Industry Posts $15 Billion Year-End Revenue
The U.S. recorded-music business continues its upward swing, posting a near-record $15 billion in revenue for 2021, driven by a surge in streaming, solid vinyl and even CD sales, and the inclusion …
Ukraine war imperils wheat, but farmers in no rush to pivot
DUBAI, United Arab Emirates (AP) — Russia’s war in Ukraine could mean changes for Ed Kessel’s farm along a quiet stretch of western North Dakota. Worldwide, farmers like Kessel are weighing whether to change their planting patterns and grow more wheat this spring as the war has choked off or thrown into question grain supplies from a region known as “the breadbasket of the world.”
Suspending the gas tax isn't the right response
Lawmakers in both Maryland and Georgia have officially suspended the state gas tax in an effort to help drivers over the coming weeks. Politicians have chosen a politically popular policy rather than addressing a more serious underlying issue.
Jadrian Wooten on Twitter
“Last week I ran my "blind" taste test with econ faculty at @UTKnoxville, but I used chocolate bars instead of ice cream.
Even among a potentially more refined palette, no one was able to rank the bars by price. This is one of my favorite lessons for monopolistic competition.”