Several years of drought, low cattle prices, and record-setting input and supply costs have led to a shrinking cattle herd, ...

Learn about Say's Law of Markets, how production drives economic demand, implications for growth and policy, and its ...

Discover the key factors driving oil prices and their impact on global economies, from consumer budgets to corporate earnings ...

In his first term as president, Barack Obama extended the reduction in the top rate of the income tax to 35 percent through 2012, two years past the 2010 expiration date that his predecessor, ...

Twenty years ago, China learned the hard way that once supply chains reorganize, they never return to their previous form.

As the world has experienced unprecedented shortages ranging from personal protective equipment and automotive semiconductors to wheat and sunflower oil in the midst of the pandemic and the war in ...

Biden administration rhetoric might lead one to believe that free-market economists have triumphed. Treasury Secretary Janet Yellen trumpets what she calls a “modern supply-side economics,” while ...

Northwestern’s conservative students’ group, Young Americans for Freedom (YAF), hosted economist Arthur Laffer Tuesday evening at Swift Hall to speak on his economic work and theories. Laffer ...

Silver prices surpassed $50 an ounce for the first time on Thursday, driven by supply shortages and uncertainty surrounding economic conditions and geopolitical risks.

In a typical market, when demand surges, the logical response is to increase supply. That’s basic economics — especially in real estate. But in long-term care today, that dynamic isn’t holding.

Jerome Powell, the Federal Reserve chair, is managing a high-stakes balancing act as he grapples with a cooling labor market, rising inflation and White House pressure to cut interest rates. By Colby ...