Federal Reserve Chair Jerome Powell speaks to reporters on May 1, 2024.
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The Federal Reserve doesn’t appear eager to cut rates.
Just how ‘open’ is the U.S. after all?
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As of 2022, only Nigeria and Sudan had lower trade-to-GDP ratios.
Service sector jobs have unique risks.
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Conservatively speaking, workplace violence costs hundreds of millions of dollars each year.
Canada should be making room for measures of personal and collective well-being other than GDP, including price stability, lower levels of inequality and happiness.
THE CANADIAN PRESS/Adrian Wyld
Drawing on insights from their recent book, two academics shed light on why Canada’s anemic growth should be a cause for concern.
A raven lands on the roof of a barn as thick smoke from wildfires obscures the sun near Cremona, Alta., in May 2023.
THE CANADIAN PRESS/Jeff McIntosh
Mainstream economics has been complicit in the climate change crisis as it falsely treats climate change as a mere side-effect of production or a minor aberration.
Nobel prize winner Daniel Kahneman made his mark in many fields (1934-2024).
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Remembering his immense contributions to psychology and economics.
Not famously laid-back.
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Wall Street and big law firms are famous for their hard-charging, cutthroat work cultures. Here’s one reason they should reconsider.
Warehouse employees frequently lack control over their own schedules.
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The way jobs are structured affects employee mental health, an analysis of more than 18,000 workers shows.
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The Albanese government in its yearly submission to the Annual Wage Review will argue that real wages of low paid workers should not go backwards.
For love or money?
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A growing number of Republicans say that you shouldn’t be able to divorce simply because you’ve fallen out of love. It’s an idea with a long history.
As more homes like these in Folsom, Calif., add solar power, electricity pricing becomes more complicated.
AP Photo/Rich Pedroncelli
California is considering a controversial proposal for utilities to charge customers for electricity based partly on household income. Two scholars explain how this approach could benefit everyone.
Not even she can keep everyone happy.
Matt Rourke/AP Photo
Sometimes, good news for investors is bad for consumers.
Teens are more clued in to family finances than many people think.
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A study of more than 100 teens and their caregivers showed a unique link between hardship and behavior problems.
Picturesque but pricey.
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Florida home insurance premiums have shot up threefold in just five years.
Andrew Leigh at the Royal Australian Mint in Canberra, October 5, 2023.
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The Shortest History of Economics is not just a history of economic thought, but a history of economic life.
The current pension age of 66 is set to rise to 67 by 2028.
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Increasing life expectancy and falling birthrates means many of us may have to keep working until beyond 71 years of age.
Stickers don’t tell the whole story.
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A new UN report finds that the true global cost of producing food is $12.7 trillion more than consumers pay at the checkout counter. We pay those uncounted costs in other ways.
Despite the popular guidance, marriage can be an economic risk for single parents with unstable partners.
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Marriage on its own won’t do away with child poverty, and in fact it can create even more instability for low-income families.
shutterstock.
Evgeny Karandaev/Shutterstock
Working on ‘match quality’ is an important part of relationships.
He’s not alone.
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Think the norm is to join the workforce straight after school, work for five decades and then retire? Think again.