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Articles on US Economy

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Corn yields can suffer in high heat. AP Photo/Seth Perlman

4 ways extreme heat hurts the economy

Much of the US has been experiencing heat waves in recent weeks. An economist explains how the often record-high temperatures can affect the economy.
A big increase in use car prices drove the inflation rate higher in April. AP Photo/David Zalubowski

Why the inflation rate doesn’t tell the whole story – all it takes is a spike in a category like used cars to cause consumer prices to soar

The average price of US goods and services surged in April, leading some to worry the economy is beginning to experience dangerously high levels of inflation. A scholar explains why that’s unlikely.

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