Things AP Econ Students Should Know

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Treasury Yields Resume Ascent

Inflation trade intensifies anew following Yellen comments<p>Government-bond yields surged to their highest level since Jan. 3, as the inflation trade that took off in the days after Donald Trump’s election regained intensity.<p>The yield on the 10-year Treasury note settled at 2.461% on Thursday after …

Commodities

The December Jobs Report in Seven Charts

The U.S. economy added 156,000 jobs in December, the unemployment rate was little changed at 4.7% and wages grew at the strongest pace since 2009. Here's a closer look at how that compares.<p>Job growth slowed in December, as employers added fewer jobs than economists surveyed by The Wall Street …

Employment

Want to Rev Up the Economy? Don’t Worry About the Trade Deficit

The economic policy of President-elect Donald J. Trump is still a work in progress. But if campaign rhetoric is a reliable guide, reorienting trade policy may become one of the main goals of the new administration.<p>Perhaps the best indication of Mr. Trump’s thinking is a report released by the …

Economics

How Economists Would Wage the War on Drugs

The monstrous cartels that run the narcotics business face the same dilemmas as ordinary firms—and have the same weaknesses<p>Most Popular Videos<p>Most Popular Articles

Addiction

The hidden economic rules behind Tinder, marriage, kidneys, and college admissions

Stanford University’s Alvin Roth is a very rare thing: An economist who saves lives.<p>The co-recipient of the 2012 economics Nobel got his prize, in part, for helping to fix a long-standing problem with the market for kidney donations. Often family and friends were willing donors for someone who …

College & University
Good News
Oil

China Struggles to Shake Up Salt Monopoly

Titans of table salt and other industries resist Beijing’s reform measures<p>JINZHOU, China—Han Tianpei and his wife dozed in their truck one early morning, waiting for a denim factory to open to deliver 10 tons of industrial salt. They awoke with a tap at the window, surrounded by a dozen enforcers …

China

Fed study: Tennessee has most regressive tax system

State taxes and inequality<p>States that boost income inequality the most: <b><br>1. Tennessee,</b> offsets 32.7 percent of the progressiveness of the federal tax …

21st Century
U.S. Congress

Chicago Fed Says Natural Jobless Rate At Or Under 5%, Will Fall Further Over Time

Economists at the Chicago Fed argue in a new paper the U.S. economy remains even farther from a truly hot labor market than many central bankers think.<p>The economy’s so-called natural unemployment rate likely lies at or below 5%, and it will go even lower over time, the analysts say in a note …

Unemployment

Russia’s Beloved Borscht Reveals Reality of Inflation

Retired Siberian journalist tracks ingredients to document the country’s soaring food prices<p>MOSCOW—Every other month, retired teacher Natalya Atuchina cooks up a special pot of borscht in her home city of Omsk. A year ago, she bought the ingredients at local markets for 165 rubles ($3.20). In …

Inflation

Debt Piles Up in Asia, Threatening Growth

Countries borrowed a lot during the crisis, and kept doing so afterward<p>SEOUL—Asian countries borrowed heavily to maintain growth during the financial crisis, but couldn’t break the habit even as the global economy healed. Now they are feeling the hangover.<p>Growth is slowing fast across the continent …

Banking

Tumbling Interest Rates in Europe Leave Some Banks Owing Money on Loans to Borrowers

Subzero rates have put some lenders in an inconceivable position<p>Most Popular Videos<p>Most Popular Articles

Banking