Economics

ANKARA, Turkey (AP) — The Turkish currency weakened by some 10% against the U.S. dollar Tuesday, a day after President Recep Tayyip Erdogan insisted there would be no turning back from his unconventional policy of cutting interest rates despite high inflation .

Answer: $29,927 Questions: Does the number “$29,927” seem like a high average amount of debt? Why or why not?  What do you predict will happen to the average amount of student loan debt taken over the next 5 years? Why? Explain how and why you are concerned about student debt.

This article was written by UC Davis ARE PhD student Hyunjung Lee.  It is the third in a series of excellent articles written by students in my ARE 231 class this fall.

Map your money journey

The Farm Bureau's Thanksgiving report says the average cost of dinner for 10 people is $53.31. But don't cancel your meal yet: the cost for a turkey has already dropped since the survey was taken.

Over 53 million Americans will travel for the Thanksgiving holiday this year, an increase of 13% from 2020, AAA predicts.

Answer: $53.31, 14% increase Question: Have you noticed inflation (the increases in prices) in items that you or your family purchase in your own lives? Assume you have an extra $10 to spend, what additional food items would you add to this list for Thanksgiving dinner? Do online research to make sure you’re not spending more than $10. What are you thankful for this Thanksgiving season?

While Larry Bell maintains that his patrons won’t see any noticeable changes after the planned sale of his Bell’s Brewery Inc. to the parent company of New Belgium Brewing Co., the two like-minded bre...

In Austin and cities around the country, prices are skyrocketing, forcing regular people to act like speculators. When will it end?

The Consumer Price Index update released last week acted like a catapult for the 5-year breakeven rate, propelling it to the highest peak since at least 2003.

Empty car dealerships, long waits to get a PS5, and computers that are taking weeks and sometimes months to arrive. Blame the microchip shortage. But how did we get here? Dan Toomey is here to tell you why in this week's episode of Brew Breakdown. Missed last week's episode? Watch it here: https://www.youtube.com/watch?v=CQnBpemRB-c&t #MicrochipShortage #SupplyChain #MorningBrew Follow The Brew! Instagram - https://www.instagram.com/morningbrew/ Twitter - https://twitter.com/MorningBrew Tik Tok - https://www.tiktok.com/@morningbrew

Workers with higher levels of education tend to earn more than those with less education, but earnings vary by age, field of study, occupation, industry, gender, race and ethnicity, and location.

Metro Detroit food trucks got a boost from Detroit's city council on Tuesday that allows them to expand into other Detroit neighborhoods.

Weekly Top 10 lists of the globally most-watched TV and films on Netflix.

HOW UNIVERSAL BASIC INCOME WOULD WORK, ACCORDING TO ANDREW YANG COVID PROVES ANDREW YANG'S UBI WON'T WORK AVAILABLE RESOURCES

Remember back in 2018 when gas prices were at record levels, and we started seeing gas surcharges pop up? History has been known to repeat itself.

VIDEO DESCRIPTION Happy Thanksgiving! But before you eat that turkey, thank private property! Without it, Thanksgiving would be “Starvation Day.” Here’s why. AVAILABLE RESOURCES Web-based Online Quizzesare also available here. AVAILABLE RESOURCES Click to Login or Register to Access These Additi ...

Companies from Mondelēz to McDonald's are raising prices to offset higher costs for transportation and because of labor and other problems along the supply chain.

GM sees some improvement in the chips supply, but still has to remove heated seats and steering. Here's what dealers say about it.

To be fair, this is not a question we commonly receive from donors or those interested in reducing greenhouse gas emissions, but when people do ask about the different between carbon offsets and carbon credits, and sometimes carbon dioxide equivalents, it shows an intense interest in the subject and usually a strong commitment to fighting […]

Answer: 6.2%  This chart shows that many grocery prices have risen even more:  Questions: Have you noticed inflation (the increases in prices) in items that you or your family purchase in your own lives?  How much do you think that prices have to go up before it impacts consumer behavior and their purchase decisions?   What do you think are the causes behind this spike in inflation?  Here's the ready-to-go slides for this Question of the Day that you can use in your classroom. Behind the numbers (from CNBC): Inflation across a broad swath of products that consumers buy every day was even worse than expected in October, hitting its highest point in more than 30 years, the Labor Department reported Wednesday. The consumer price index, which is a basket of products ranging from gasoline and health care to groceries and rents, rose 6.2% from a year ago, the most since December 1990. ------------------------ Wondering who won NGPF's Estimate the Monthly Jobs Report contest?

50 Years of Productivity Gains     To hear an audio spoken word version of this post, click here.   There has been lots of ink spilled on the dangers of rising wages as a source of inflation. The problem with focusing on input costs is that it is incomplete. To fully understand the wage and labor…Read More

Holiday season shipping is making supply chain problems worse, but there’s hope for next year.