Inflation has slowed significantly and growth of the nation's gross domestic product has remained solid, but some economists still expect a mild recession this year. How could a modest downturn happen ...

Productivity is defined as the measurement of “output per unit of input, such as labor, capital or any other resource.” That’s a clunky way of saying that individual workers, businesses, industries, ...

Inflation has been a central concern for voters in the upcoming election, with many pointing fingers at President Joe Biden and Vice President Kamala Harris. But is it fair to blame them entirely for ...

Discover the key differences between mixed economic systems and pure capitalism, including government intervention, property rights, and market regulation.

We’re just a few months away from the presidential election and economic issues are top of mind for many. Just to name a few: stubborn inflation, soaring rates, a difficult housing market or the ...

An economic downturn or recession begins when the economy experiences a significant decline in typical activity, such as employment, production, income and a few other signs, according to the National ...

Iranian President Masoud Pezeshkian has acknowledged the validity of a key driver for the agitation: frustrations over Iran’s ...

For those of us in the business world, the myriad economic policy initiatives spewing from the White House are both confusing and at times difficult to understand. Certain policies seem to cancel each ...

When OpenAI’s Sam Altman told reporters in San Francisco earlier this year that the AI sector is in a bubble, the American tech market reacted almost instantly. Combined with the fact that 95 per cent ...

Explore how the black economy operates, its legal and illegal activities, and how it affects society. Learn about its hidden costs, benefits, and role in global markets.

For one day only, Americans are being urged not to make purchases from big companies, resist the temptations of fast food, and avoid filling stations. Like a polar opposite of Black Friday – ...

Miles per gallon (MPG) is well-established as the standard measure of fuel economy. It's so well established, in fact, that few of us question the MPG rating on a daily basis — at least until we ...