Usually when jobs and wages are rising, it’s a good thing, but right now they may signal higher odds of a nasty recession – and Americans aren’t ready for it.
What’s really causing food prices to rise?
Inflation is driving up food prices and could have a severe impact on the health of Canadians. When the cost of food increases, it restricts the availability of nutritious foods for low-income people.
But on the positive side, support for multiculturalism and ethnic diversity continues to grow and is likely to be a valuable asset to our social cohesion in future.
The value of frequent flyer miles sometimes seems to defy the laws of economics.
A new survey suggests three ways consumers are behaving like the US economy is in crisis, which may become a self-fulfilling prophecy.
Phil Tomlinson, University of Bath; Adi Imsirovic, University of Surrey; Cam Donaldson FRSE, Glasgow Caledonian University; Despina Alexiadou, University of Strathclyde ; Gavin Midgley, University of Surrey; Hilary Ingham, Lancaster University; Jennifer Castaneda Navarrete, University of Cambridge; Jonquil Lowe, The Open University; Karen Bloor, University of York; Peter Bloom, University of Essex; Shampa Roy-Mukherjee, University of East London; Steven McCabe, Birmingham City University; Supriya Kapoor, Trinity College Dublin, and Tolu Olarewaju, Keele University
Our panel of academics responds to the UK government’s latest economic plans.
The OBR’s official inflation forecasts include economists’ expectations, but what about yours?
The G20 comes at a time of deep divisions between the world’s powers, so it’s unlikely to make much progress on its policy agenda - but it’s still good to talk.
Frustration about unsettled bargaining that predates the pandemic could get channelled into pronounced resistance from educational workers during the coming months.
This year’s climate talks have been overshadowed by rising international tensions, energy crises and war. But that doesn’t mean climate action is dead.
Lowe and the Reserve Bank are pushing up interest rates at almost the fastest pace on record to get the economy back in balance. It’s tough. But it has been done before – and here’s how it worked.
The Bank of England expects a long UK recession but believes interest rates may not need to increase much more.
Some commentary suggests a causal relationship between hiking interest rates and unemployment increasing. It’s not quite that simple, but the days of record high employment are probably numbered.
Voter demographics and policy priorities are two recurrent, big issues on Election Day – but shifts in election administration and voting laws are new challenges influencing the midterms.
Inflation, abortion and state of US democracy rank among the top issues facing voters before the midterm elections, regardless of race, ethnicity or party affiliation.
The Fed is also beginning to reduce its massive balance sheet, which is beginning to cause disruptions in the $24 trillion Treasury market.
Men were significantly less likely to express confidence in the Federal Reserve and optimism about the economy when monetary policy information came from a woman versus a man.
For homebuyers, there’s no interest rate relief in sight just yet. Here’s why.
Because central banks delayed interest rate increases early in the pandemic, they have spent 2022 playing catch-up with runaway inflation.