Economics

Shortages of food supply is making headlines recently. With prices climbing and the war in Ukraine ongoing, officials fear a global food crisis could be at h...

It’s the inflation you’re not supposed to see. From toilet paper to yogurt and coffee to corn chips, manufacturers are quietly shrinking package sizes without lowering prices. It’s dubbed “shrinkflation,” and it’s accelerating worldwide.

To help understand what’s happening at the pump, it’s important to first know what key factors dictate the price of gas.

Welcome to the macroeconomic bar fight. Today, fists are being thrown over the causes of high inflation. But off to the corner stands John Cochrane, an economist with a core explanation for rising prices: government borrowing and spending. Check out some of our earlier episodes on inflation: - Why some economists last year were concerned about low interest rates and high government borrowing and spending - Why the term 'transitory' inflation was banned by the Federal Reserve Bank of Atlanta as consumers spent and spent in 2021 - How the war in Ukraine raises prices around the world, including food prices, and a look at grain exports stuck in the country - Whether corporate greed is to blame for inflation

Half of teens polled by Fidelity said investing felt ‘out of reach’

Because fuel is a critical input for so many goods and services, higher costs are causing havoc across the economy.

The packages keep getting smaller, but we pay the same price.

In recent years, the central bank has pushed a record amount of money into the financial system—now, as it finally begins to tighten monetary policy, it may face another obstacle.

"Similar to other locations, lumber remained weak," JPMorgan said in a recent channel check of home improvement stores like Home Depot and Lowes.

MADRID (AP) — Bars and restaurants in Spain will be obliged to offer “doggybags” free of charge to clients to take home the food they have not eaten under a new law aimed at reducing food waste. Under the new bill passed by the Spanish government Tuesday, businesses in the food chain will have to draw up plans to try to reduce the amount of food wasted or else face possible fines.

How have the world's largest economies changed over time? These graphics show countries sized by their GDP, as a share of the global total.

Every relationship involves taking that all-important first step. Your relationship with money and investing is no different. Jump right into one of the topics below. All courses are designed to fit your busy lifestyle.

WASHINGTON (AP) — President Joe Biden ordered emergency measures Monday to boost crucial supplies to U.S. solar manufacturers and declared a two-year tariff exemption on solar panels from Southeast Asia as he attempted to jumpstart progress toward his climate change-fighting goals.

Could working less be…good? We’ll soon find out.

Companies around the world invest billions in R&D to provide cutting-edge innovation to their products and services.

MAPLETON — Wineries in Peninsula Township no longer have to follow numerous zoning restrictions a U.S. District Court judge ruled to be illegal or unconstitutional.

Using "buy now, pay later" and splitting your payments into smaller amounts across a few months must make it easier to pay, right?  Answer: 42% Questions: Have you seen the "buy now, pay later" options when you buy items online? If yes, have you ever used it? Why or why not?  What are the pros/cons of using this payment option?  Why do you think so many consumers have struggled to make on-time payments with "buy now, pay later?" Click here for the ready-to-go slides for this Question of the Day that you can use in your classroom. Behind the numbers (Acorns):  The share of American adults who’ve used buy-now, pay-later services in 2022 has increased to 43% — a 12 point jump from 2021, according to LendingTree.

“That’s a pretty interesting result to anyone running a hedged long/short investment portfolio, especially with energy prices so high. It also means that if I personally held any private stock

Lawmakers in New York just passed a bill to ban certain bitcoin mining operations that run on carbon-based power sources.

The contracts will support the International Space Station and the Artemis moon program through 2034.

EconExtra is a series of posts that go beyond the textbook, relating current events and recent developments in economics to content standards, and providing resource suggestions to help you incorporate the current events into your lessons. This week’s issue can be incorporated in even the most basic discussion of supply and demand.  It will be interesting to visit this issue in the beginning of the next school year to track what happened to oil and gasoline prices over the summer months, and to see if anything has changed.     The Headline Issue   The school year may already be over for some of you, but there has been much furor over gasoline prices in recent months, and it does not appear that much will change any time soon.   Initially, the price of oil, driven up by the war’s impact on global supply, was easy to blame. But as the price of oil has moderated, the price of gasoline is going even higher.

Cheap gas isn’t in the United States’ future. Even if more oil was flowing freely, it would still have to get refined into gasoline. And that’s where the problem is.

/PRNewswire/ -- LendingClub Corporation (NYSE: LC), the parent company of LendingClub Bank, America's leading digital marketplace bank, today released findings...

WASHINGTON (AP) — Focused on relentlessly rising prices , President Joe Biden plotted inflation-fighting strategy Tuesday with the chairman of the Federal Reserve, with the fate of the economy and his own political prospects increasingly dependent on the actions of the government’s central bank.

TARGET-DATE FUNDS are riding a wave of popularity. Morningstar reports that investors placed $170 billion into these funds in 2021, more than double their 2020 inflow. Morningstar also reports that, as of 2019, 58% of all 401(k) participants were invested in a target-date fund. That percentage is likely higher today. It’s clear why the funds have become so popular. They can be an excellent solution for retirement savers who prefer a hands-off approach. To this end,

Bakeonomics350 is a fun baking blog that describes core economic principles and how they relate to baked goods and desserts. There is a recipe associated with each lesson.

Global GDP growth is forecast to drop from 6.1% in 2021 to 3.6% in 2022. This map shows economic predictions for 2022 and beyond by country.

This Launchpad, adapted from http://www.WhatSoProudlyWeHail.org, provides background materials and discussion questions to enhance your reading and understanding of Kurt Vonnegut, Jr.’s 1961 short story “Harrison Bergeron.” After reading the story, you can click on the videos to hear editors Amy A. Kass, Leon R. Kass, and Diana Schaub converse with guest host James W. Ceaser (University of Virginia) about the story.

Games, activities, and resources for high school economics classes.

It’s official: the Bear Market of 2022. The S&P 500 has now fallen 20.9% from its high in early January, the largest decline for the index since March 2020. The question everyone’s asking: what happens next? To answer that, we often look back at history, attempting to find parallels with the past. But even a […]