Supply & Demand

I reached out to #EconTwitter and asked what songs they like to use to teach different topics in their classes and the results did not disappoint: Travis didn’t hesitate to reach out and sugg…

Answer: 16 year olds: 25.6% 17 year olds: 49% 18 year olds: 60.9% Questions: When did you get your driver’s license OR when do you plan to get your license? What factors determined/will determine when you get your license? When it comes to auto insurance, do you think the cost of insuring a 16 year old is higher or lower then insuring an 18 year old? Explain your answer.

We called 66 McDonald’s to learn how Scott’s new collab with the fast food icon is going over.

Gen Zers are finally starting to break into the housing market. Here's a look at the top 15 cities for 2020 Gen Z homebuyers.

Despite the hollowing out of workers in downtown Detroit during the COVID-19 pandemic, e-scooters have remained resilient. Prior to the outbreak, the future of the rentable e-scooters that stormed cities across the U.S. in 2018 seemed wobbly. In January, San Francisco-based Lime laid off 100…

How a Home Depot “merchant” knew we all needed a $300 set of supersize bones.

On Sunday, as many as 76,000 new hunters will disperse across Michigan's leaf-covered meadows and oak forests in search of bagging their first whitetail deer. The COVID-19 pandemic forced many across the state, and the U.S., to abandon some preferred pastimes — such as keeping a scoresheet from…

Prices for cleaning products went gangbusters this year pic.twitter.com/BbO9kJJsCz— Morning Brew ☕️ (@MorningBrew) November 14, 2020

For the fifth straight month in 2020, golf rounds surpassed 2019 totals. Merchandise sales in the third quarter grew 42% year-over-year.

The move is designed to protect the chain from the volatility of the chicken wing market.

Why Supreme is so expensive pic.twitter.com/CUUMEhIWba— Business Insider (@businessinsider) October 31, 2020

Bars and restaurants, hamstrung for months by the coronavirus pandemic, are both eagerly and anxiously anticipating the delayed return of Big Ten football Saturday.The University of Michigan opens away at Minnesota while Michigan State University begins the season at home against Rutgers University…

Despite most produce being naturally grown, scientists are developing new varieties of fruits and vegetables, like the Cosmic Crisp apple created at Washington State University.

TRAVERSE CITY — Vineyard managers in northern Michigan are expecting a solid grape crop harvest, with one calling the quality of this year's grapes "exceptional."Brys Estate Vineyard & Winery on Old Mission Peninsula, near Traverse City, is on track to finish picking grapes around the…

Short's Brewing Co. is nearing the finish line on a $1.5 million expansion at its manufacturing facility in Elk Rapids, which couldn't come at a better time as the popular brewer enjoys a big bump in demand. Short's, whose most popular beers include Soft Parade and Huma-lupa-licious, reported a 30…

The Kroger Co. is spending $95 million to build an automated customer fulfillment center in Romulus that would create 270 jobs. The Michigan Strategic Fund board on Tuesday awarded $1.6 million in a Michigan Business Development Program grant to support the project. The planned 130,000-square…

Restaurant Brands International reported that its quarterly revenue fell 8%, dragged down by slower sales at Tim Hortons and Burger King.

The manufacturer’s sales for personal products are booming, as hospitals buy face masks to protect health workers from Covid-19 and people sheltering at home purchase more cleaning supplies and painters’ tape.

The federal minimum wage has not been raised since 2009. In the absence of action at the national level, many states and localities have raised their own minimum wages. Explore the map to see how these rapidly changing laws differ across the country, and read EPI’s recent research explaining the benefits of raising the minimum wage and…

The Congressional Budget Office analyzed the impact of lifting the $7.25 federal minimum wage to $15 by 2025. The House is expected to vote next week on a bill to lift the federal minimum.

Third Way is a centrist think tank that offers fresh thinking and modern solutions to the most challenging problems in U.S. public policy, including the economy, energy, national security and social policies.

The Tax Foundation released the map above (“The Relative Value of $100) earlier this week in a post titled “The Real Value of $100 in Each State,” here are some details: This map (above) shows the real value of $100 in each state. Prices for the same goods are often much cheaper in states like […]

Slightly more than half of Americans say they are stockpiling food or plan to because of fears of a COVID-19 surge and unrest around the election.

Eight-hospital Beaumont Health, the Southfield-based system that treated more COVID-19 patients than any hospital in Michigan, is on its way to stocking personal protective equipment in its warehouses for up to 90 days in preparation for a second surge of the pandemic.That's what Beaumont estimates…

French Champagne producers have decided to put unprecedented limits on the quantity of grapes they’ll harvest this year

While California braced for another round of rolling blackouts Monday night, the state's grid operator held off for a second straight night.

Can patients be coached to ask the right questions to doctors about treatment costs when they are seeking cancer treatment?Lauren Hamel, a researcher in population health and assistant professor in oncology at Wayne State University School of Medicine, felt they could ask better questions and also…