It may cost more to make a penny than a penny’s worth, but a penny saved may be more than a penny earned.
- Associate Professor of Business, Boston University
Global travelers are being increasingly asked if they want to pay for local purchases in terms of their home country currency. Here’s why you should resist the strong temptation to do so.
Randal Quarles, the president’s first nominee to the Federal Reserve’s board of governors, has argued the bank should use rules to make decisions. But could such a shift prove disastrous in a crisis?
Every American shoots off almost a pound of fireworks a year, on average, and their growing personal use is causing injuries to climb.
There’s an assumption that the poor eat more unhealthy fast food because it’s relatively cheap, leading some governments to try limit their access. Two researchers tested that assumption.
John Thompson was more than just another Washington bean counter. His resignation may affect which party controls Congress after 2020.
The bar for achieving that lofty goal was set almost 150 years ago when Congress cut taxes from as high as 10 percent to zero over two years.
As tax day approaches, here’s a primer on how your dollars help fund the U.S. government, and how your share has probably increased.
While borrowers may not be thrilled by the Federal Reserve’s decision to raise rates, many of us have plenty of reason to celebrate.
President Trump downgraded the chair of the Council of Economic Advisers from its perch on the Cabinet. Should we care?
The world’s most famous stock index just broke 20,000 for the first time. Here’s why it doesn’t really matter.
If President Trump follows through on his campaign promise, new mothers may soon have six weeks of guaranteed paid leave. But something is keeping them from using the benefits they already have.
The current US economic expansion is nearly the third-longest since the 1850s, making a recession likely in 2017. It’s time to get ready.
While some pundits claim the much-hyped shopping day that follows our Thanksgiving feasts has lost its relevance, the reality is a lot more complicated, as four important facts show.
Four of our economic scholars weigh in on Trump’s legislative agenda, healing the divide, uncertainty and something known as the ‘presidential puzzle.’
‘Trick or treating’ typically involves demanding candy under the threat of mischief. But is there a better way to maximize your candy haul on Halloween?
It’s easier than ever to visually record our lives thanks to the smartphone and now Snapchat glasses, but many museums and other places are fighting a losing and misguided battle against the trend.
The report not only reveals soaring incomes and falling poverty, it also confirms the gender pay gap has shrunk to a new record low.
Trump revisited familiar themes during his economic address in Detroit and offered a few new ones. Two of our economic experts express their takeaways.
The notes in your pocket say they’re legal tender for all debts public and private. Are they lying?
Republicans and Democrats alike claim their conventions provide a big economic boost to their host cities. What’s the evidence say?
Too much regulation from Brussels has been a rallying cry for Britons who want to opt out of the EU. Is ‘overregulation’ a problem in the U.S. too?
The economy added fewer jobs than expected in May, suggesting a Fed rate hike this month is off the table. What else did we learn from the report?
Marriage rates have been falling for decades and are now at their lowest in at least 150 years. What’s wrong with getting hitched?
Rousseff is about to go on trial for allegedly borrowing $11 billion to fund social programs and conceal a budget deficit. Why is that a crime?
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