Economy

How to fix the housing affordability crisis: Build more homes

3 minutes ago   |   Business Insider

A slowdown in housing construction is one of the big factors in the current affordability crisis. Jenn Austin-Driver/Getty Images The housing market is cooling off, but home...
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3 reasons some highly paid professionals like doctors and lawyers still have 7 figures in student debt they can't pay off

15 minutes ago   |   Business Insider

Getty Images A criticism of broad student-loan forgiveness is it may benefit typically high earners, like doctors. Because of the system's structure, some advanced-degree...
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Workers forced to take time off because of COVID have lost $28 billion in wages

59 minutes ago   |   Business Insider

Photo by Brandon Bell/Getty Images During the first two years of the pandemic, a lot of workers had to call out for work. Workers were absent for illness, childcare, and other...
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I flew on United's aging Boeing 767-300ER from Boston to London in economy and the updated cabin made the plane feel like new

1 hour ago   |   Business Insider

Flying on United's 767-300ER. Taylor Rains/Insider United Airlines has held onto its Boeing 767 aircraft and is retrofitting them with an upgraded cabin. The fleet is primarily...
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China drills one of world's deepest oil deposits - media

China drills one of world's deepest oil deposits - media

7 hours ago   |   RT

Drilling wells at the Shunbei reserve are 8,000 meters deep, according to Xinhua news agency China's largest oil refiner Sinopec has reportedly extracted crude oil and natural...
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Manufacturing capital utilisation, firm dynamics and wage inequality

13 hours ago   |   The World Economy

Abstract This paper examines the short- and long-run effects of manufacturing capital utilisation on income distribution and social welfare of an economy. A rise in...
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Biden's created our bad new normal, and he's loving it

Biden's created our bad new normal, and he's loving it

14 hours ago   |   New York Post

If this is “working,” we'd hate to see “not working.” But we expect no less from the author of our new normal, who's as divorced from reality on the economy as he is on...
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Germany proposes cooler office temperatures to save gas as Russia curbs flow

18 hours ago   |   Fortune

The energy crisis, one of Europe's worst in modern history, is stoking inflation and threatening to tip some of the region's largest economies into recession.
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Student-loan payments are set to restart in less than 3 weeks. It's the closest Biden has ever been to the deadline without giving borrowers an update

1 day ago   |   Business Insider

President Joe Biden seen at the White House in Washington, DC, on May 30, 2022. REUTERS/Joshua Roberts Student-loan payments are set to resume after August 31. With less than 3...
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July retail sales is the next big economic data point and a beat could calm recession fears but hurt stocks as the Fed pushes forward on its hawkish path

1 day ago   |   Business Insider

Tourists carrying shopping bags walk through Times Square on August 10, 2021 in New York City. Alexi Rosenfeld/Getty Images July retail sales are the next big macro data point...
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This man just won the Maryland lottery for the second time in two months

This man just won the Maryland lottery for the second time in two months

"I couldn't believe I won the first time," Duane Ketterman told lottery officials while claiming his prize. "So, when I saw this one, I was just stunned." Read more ...

LAPD ends investigation into Anne Heche car crash

LAPD ends investigation into Anne Heche car crash

NEW YORK - The Los Angeles Police Department has ended its investigation into Anne Heche's car accident, when the actor crashed into a Los Angeles home on Aug. 5. Heche is... Read more ...

Cloudy, Cooler and Isolated Showers

Cloudy, Cooler and Isolated Showers

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3 reasons some highly paid professionals like doctors and lawyers still have...

Getty Images A criticism of broad student-loan forgiveness is it may benefit typically high earners, like doctors. Because of the system's structure, some advanced-degree... Read more ...

An 18-year-old who's netted over $1 million selling Bored Apes toys just...

Ricky da Luz meeting Vitalik Buterin in August. Ricky da Luz/IsmToys Ricky da Luz, 18, started making free Bored Ape toys for NFT holders last year, and has generated $1... Read more ...

Your price at the pump went up. So did Saudi Aramco's profits - to a new record

Your price at the pump went up. So did Saudi Aramco's profits - to a new record

Saudi energy company Aramco said Sunday its profits jumped 90% in the second quarter compared to the same time last year, helping its half-year earnings reach nearly $88 billion. Read more ...

U.S. Senator Lands in Taiwan Weeks After Nancy Pelosi Visit Sparked Fury

The delegation is set to meet with senior leaders in the country to discuss multiple issues of mutual interest between the U.S. and Taiwan. Read more ...

At 27, former Morgan State star Tiwian Kendley isn't ready to give up his...

Tiwian Kendley has plenty of memories of his time with the Morgan State men's basketball program. There was his 40-point, 10-rebound performance in an 85-82 double overtime win... Read more ...

Massive expanse of towering hydrothermal vents discovered deep in the Pacific

Massive expanse of towering hydrothermal vents discovered deep in the Pacific

Scientists found a huge field of hydrothermal vents on the East Pacific Rise. Read more ...

Ukraine to legalize guns soon - minister

Ukraine to legalize guns soon - minister

The parliament may allow citizens to buy firearms to protect their homes, the interior minister has said Ukraine will adopt a law legalizing firearms in the near future, amid... Read more ...