Economics
Who May Be Excluded From President Biden's Student Loan Cancellation Plan
While the plan will provide relief for millions, many borrowers won't see any.
Student Says He's Forced to Use Class Time Doing Chores for Football Team
"American education is a joke," the high schooler said in the caption of his viral video.
Are We Heading for a Recession? Why Deutsche Bank Is Pessimistic
The German financial powerhouse has suggested the Fed could raise interest rates sharply as it attempts to battle inflation.
Will U.S. Sanctions Be 'Suicide of the Dollar?' Spanish Newspaper Asks
The IMF reported last week that the dollar has declined as a reserve currency in the last two decades.
What Inflation's Impact Has on Each State
Some are experiencing difficulty meeting household expenses due to the increase in prices, according to a report.
China Faces Consequences if It Helps Russia Skirt Sanctions: Jake Sullivan
Biden's national security adviser will meet with a top Chinese diplomat on Monday, with the country's relationship with Russia being front and center.
Price Hikes Have Americans Abandoning Car, House Purchases: Survey
Federal Reserve chair Jerome Powell told lawmakers on Thursday that the Russian invasion of Ukraine could stoke inflation even higher.
Joe Biden Calls Lester Holt 'Wise Guy' for Asking About Inflation
The annualized rate of inflation reached a 40-year high of 7.5 percent in January as the price of basic goods increased.
Understanding the Future of Capitalism from the Great Resignation to Crypto
What does the future of capitalism hold? We explore supply chain delays, crypto, the great resignation, AI's role and the importance of immigration for capitalism.
Jim Cramer Urges Investors to Stay Calm During Stock Market's Wild Ride
The financial TV host also stated on Twitter regarding the market's volatility that "we must not panic."
Starting With Maya Angelou, These Women Will Be Featured on U.S. Quarter
The United States Mint series will feature prominent women from U.S. history on the coin over the next four years.
Maya Angelou Quarters Now in Circulation as First in Series
The coin depicting the celebrated poet is the first in a series honoring famous American women that will run through 2025.
Biden Calls 'Malarky' on Republicans Who Say He Doesn't Get Inflation
"(Republicans) want to talk down the recovery because they voted against the legislation that made it happen," the president said.
Why Economists Are Praising Biden When 60 Percent of Voters Say He's Failed
"There's just a lot of historical evidence Americans do not like inflation," said Brookings Institution economist Gary Burtless.
Thanks to COVID, China's New Currency Is the Potato
Disease control measures are now starting to hit the Chinese economy hard.
As Investors Flee Brazil, Will U.S. or China Emerge as Its Next Partner?
Brazil's $61 billion trade surplus in 2021 showed a moment of growth.
Foreign Tourists Flood Turkish Towns to Shop As Nation's Currency Declines
As Turkey faces an economic crisis, foreign tourists have been taking advantage of the lower prices, flooding into markets in the country for holiday shopping.
Woman Finds Old Wallet Filled With Teeth and WWII-Era Currency
The woman discovered a 10 peso note that was issued by the Japanese government during World War II.
Social Security Needs Solutions, Not Gimmicks
Despite repeated warnings from Social Security's trustees that the program is facing a financial shortfall, lawmakers have reached a bipartisan consensus to kick the can down the road.
The Great Fed Crack-Up Begins
There is a distinct possibility the Federal Reserve is about to hit a wall, and that its very constitutional underpinnings will soon come into question.
How to Track Price Rises With the Inflation Calculator
Prices for U.S. consumers jumped 6.8 percent in November compared with 12 months ago.
The Republican Party's Multiethnic, Working-Class Coalition Is Taking Shape
The Right can and should aggressively fight the culture war with the aim of victory, but it must not lose sight of the economic issues that helped propel Trump.
Cost of Living in the Midst of the Great Depression Baffles the Internet
A price breakdown for 1938 reveals that a new house cost $3,900, while rent was $27 a month.
This Is What a Rare $500 Bill Looks Like, and Which Figures Feature on It
The largest notes to have been in circulation are the $500, $1,000, $5,000 and $10,000 dollar bills, although all are becoming increasingly rare.
Inflation Is Hitting Every Aspect of American Life
The Consumer Price Index rose 6.2 percent in October from the previous year.
People Want Joe Biden to Lower Gas Prices. It's Not That Simple
The president is facing growing pressure to act after the national average price of gasoline rose by 62 percent in the past year.
Dogecoin and Shiba Inu Market Cap Update As Crypto Tokens Go Head-to-Head
Shiba Inu overtook Dogecoin in terms of total value on Thursday morning after hitting an all-time high.
North Korea Issuing Temporary Currency as Nation Lacks Paper and Ink
The lack of goods such as medications and essential supplies have accelerated the spread of diseases such as typhoid fever.
Supply Chain Issues Have U.S. Inflation Up 5.4 Percent, Highest Since 2008
"Price increases stemming from ongoing supply chain bottlenecks amid strong demand will keep the rate of inflation elevated," economist Kathy Bostjanicic said.
The Debt Ceiling Can Force Budgetary Discipline
Every time there's been a recent major deficit-reduction law or a major spending cap deal, it's been driven by a fight over the debt limit.