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Latest Stories (47)

A big number that poses big ethical questions

Apr 15, 2021
Grasping big numbers is a hard thing for humans to do, and that has implications for how we think about billionaires.
Jeff Bezos, seen in 2019, is currently worth $177 billion.
Saul Loeb/AFP via Getty Images

Vaccines won’t be a silver bullet for economic recovery, according to experts

Apr 15, 2021
Experts said COVID-19 will not be eradicated and more than vaccinations are needed for economic recovery during a hearing held by the Joint Economic Committee Wednesday.
"We can't only rely on vaccination,” said Dr. Céline Gounder during a Joint Economic Committee hearing Wednesday.
Scott Olson/Getty Images

IMF projects 6% global growth, driven in part by U.S. GDP growth

Apr 6, 2021
Financial stimulus policies are driving economic growth, but not all economies are recovering at the same speed.
The IMF is projecting 6.4% growth in the U.S. in 2021 and 3.5% growth in 2022.
Mandel Ngan/AFP via Getty Images

Will economic growth always rely on population growth?

Apr 1, 2021
In theory, the ingredients of economic growth are capital and investment. In practice, not so much.
In theory, the economy can continue to grow with a stable population. In practice, not so much.
Dmytro Varavin via Getty Images

People are ready to spend money on experiences again

Mar 29, 2021
There is a lot of pent-up demand for experiences after a year of isolation.
An employee arranges merchandise at a store in the Downtown Disney District shopping area outside of Disneyland last summer. Disney California Adventure Park partially reopened for a ticketed shopping and dining event.
Derek Lee/Disneyland Resort via Getty Images

Fed Chair: Rise in inflation not "particularly large" from $1.9 trillion rescue package

Mar 23, 2021
Powell told lawmakers Tuesday that the “effect on inflation will be neither particularly large nor persistent,” from the $1.9 trillion rescue plan.
Federal Reserve Chair Jerome Powell and Treasury Secretary Janet Yellen testified before the House Financial Services Committee Tuesday.
Screengrab via Youtube

Why “equity” can mean “cash” in real estate and “fairness” in everyday language

Mar 11, 2021
“Equity” comes from a Latin root meaning “fair” or ”equal.” It’s legal history started in 15th century English equity courts.
Equity has multiple meanings when it comes to real estate that derive from the term "equity of redemption."
Saul Loeb/AFP via Getty Images

How many U.S. flags are made in the U.S.?

Feb 25, 2021
Perhaps the best-known symbol of American patriotism, the American flag is made in the U.S. 94% of the time.
An American flag flies outside the U.S. Capitol on Jan. 9, 2021.
Al Drago/Getty Images