Economics

Shippers are paying up to $2.4 million per vessel if they want to beat a logjam of carriers waiting to sail through the drought-affected Panama Canal, according to one company active in the market.

Airbnb called the new law a “de facto ban” on its listings.

Six people have so far participated in the sustainability campaign this summer, the Telegraph reported.

This month marks the 50th anniversary of hip-hop. A few seconds from one forgotten rap song have tied artists and eras together for decades.

Creators say they struggle to gain a foothold in a font market dominated by Monotype

The Financial Peace Kids toolkit gives parents the tools they need to raise money-smart kids. The kit covers four basic concepts: working, spending, saving and giving.

A calculated corporate deal propelled these radical rockers all the way to the Hall of Fame.

Plot data from a demand schedule to create a demand curve graph.

The federal deficit in 2022 was $1.4 trillion, equal to 5.5 percent of gross domestic product, almost 2 percentage points greater than the average over the past 50 years.

Is it better to buy or rent? Closing costs can get expensive and it can be better to rent, depending on how long you're staying. NerdWallet's calculator helps you determine if renting or buying a home makes more financial sense for you.

Most Americans think their actions can help fight climate change, but they’re not always right on which are the most effective, according to a Post/UMD poll.

A Game Theory Problem

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Research has pinpointed the prime years for making smart financial decisions.

The city's mayor blocked a proposed base pay law but said he struck a deal with Uber instead.

Provides information on consumers’ experiences and expectations regarding the labor market

Northwestern Mutual's 2023 Planning & Progress Study finds Americans feel stronger about their friendships, mental health, physical health and job stability than they do about their finances An...

We can add cork stoppers and bottle screw tops to the world’s changes in supply.As a result, we might be opening our wine bottles differently.Today's econlife blog: https://t.co/CkbihSNYcH#econlife #corks #supplychain pic.twitter.com/J6wEHoo0sb— econlife.com (@Econlife) August 28, 2023

Deciphering sunk costs and opportunity costs through Disney's to close its costly Star Wars adventure hotel.

Making wine is getting more expensive due in part to recent world events, and the French are drinking less of it.

For buyers facing affordability challenges getting into a home of their own, Zillow Home Loans is rolling out a new option: a 1% down payment.

Before the Ever Max ship carrying lava lamps, sofas, Halloween costumes and artificial Christmas trees could make its inaugural Panama Canal voyage this month, a historic drought forced it to drop weight by offloading hundreds of containers.

Things ain’t easy when only American ships can deliver cargo between two American ports.

GM, Ford, and Stellantis workers might walk off their jobs next month.

Dollar Tree cited theft as a reason for last quarter’s profit slump.

Sometimes the pro tip...is don't tip. Who knew?! Earlier this week we asked what is the average tip for full-service, quick-service, and delivery meals? But what if you venture outside of the U.S.? A common misconception is that the practice of tipping is only expected in the United States.

This nasty calculation is keeping younger consumers out of homes.