Economics

When Omar Anani was starting out in the restaurant industry more than a decade ago, he slept in the back seat of his car and often didn't know where his next meal would come from. Even with tips, the $2.65 an hour he made as a server wasn't enough to live on. "It was something I swore I would never…

Learn all about diminishing marginal utility in just a few minutes! Professor Jadrian Wooten of Penn State University details diminishing marginal utility as...

A House bill would bar 24 Michigan cities from imposing taxes on non-resident workers. Critics say that would be ‘catastrophic,’ but one Republican says ‘Thomas Jefferson would be proud.’

Much of the money has probably left the country.

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At locations across the country, there have been complaints about shortages of key ingredients for popular drinks, breakfast foods and even cups, lids and straws.

Inflation is finally here, at its highest level since the aftermath of the 2008 crisis:We don't know if it's going to last but wages are finally rising, there is a shortage of seemingly everyt

Banking app Dave will make its market debut through a SPAC deal that values the company at $4 billion.

The price for Ubers, scooters and Airbnb rentals is going up as tech companies aim for profitability.

The Senate on Tuesday passed the U.S. Innovation and Competition Act, a $250 billion bill aimed at countering China's technological ambitions.

NEW YORK (AP) — As Americans start to go out and update their wardrobes, jeans giant Levi Strauss & Co. is enjoying a resurgence in denim. That has helped the company upgrade its fiscal first-half outlook and has pushed shares of Levi’s about 30% higher so far this year.

How long will chicken reign supreme? Who wins between lemon and lime? Is nonfat ice cream really ice cream? Does grapefruit ever make a comeback? Find out in these charts.

Do you online shop when you feel lonely, or are you constantly worried about money? Find out what your financial behaviour says about you

It's not what the pundits think. It's what the money guys are doing.

The U.S. trade deficit is hitting record highs — and it's fueled by a surge in demand for imports, mostly from East Asia. On both land and at sea, the shipping industry is struggling to keep up.

Online shopping is a powerful tool that can either bolster or bust your budget. Learn how to do it strategically with tips from the AICPA.

Sources say the company prioritizes anti-discrimination in its talking points, but not in its spending.

Just like your friend’s Covid-delayed wedding, the Fed’s interest rate hikes finally have a date.

The United States and the European Union have agreed a truce in their near 17-year conflict over aircraft subsidies, suspending for five years one set of Trump-era tariffs which had soured relations between them.

This could be a good thing

And why economists changed their minds on the minimum wage

The restaurant industry has been boosting wages to attract workers as it faces a labor crunch.

The U.S. minimum wage is $7.25 an hour, although 29 states have a higher minimum wage. A higher minimum wage fights poverty but raises costs.

El Salvador has voted to adopt Bitcoin as legal tender.

Openings in accommodation and food services saw the largest increase in new opportunities reported in April.

After years of a simmering “techlash” on Capitol Hill, this is the biggest effort yet to make Big Tech into Still Big But Slightly Smaller Tech

This issue explains how the output gap, the difference between potential and actual output, is useful for checking the health of the economy.

Chip shortages and other factors haven't helped, either.

The Girl Scouts have an unusual problem this year: 15 million boxes of unsold cookies. The 109-year-old organization says the coronavirus — not thinner demand for Thin Mints — is the main culprit.