- With the Economic Downturn and Wages Stagnant, What Economic Rationale Prevails for Increasing Prices?
Question/Comment: In the New York Times recently, it was stated that there has been a drop in consumer prices. Here is NYC I have found that prices have risen. For example, a half gallon of milk that was $1.89 three … Continue reading
Question/Comment: It seems to me there’s been a shift in market thinking in the recent past. I’m not sure that it’s my responsibility to go out and shop to keep businesses afloat; I always thought that it was business’ responsibility … Continue reading
Oil prices fell to their lowest level in four years Wednesday, despite news that the Organization of the Petroleum Exporting Countries agreed to a larger-than-expected oil production cut of 2.2 million barrels per day. Continue reading
- If the stock markets of the world all drop 10-20 percent simultaneously, are we as Americans significantly worse off?
Question/Comment: Would you please clarify something for me that I am struggling to understand? If the stock markets of the world all drop 10-20 percent simultaneously, are we as Americans, or any other nationality, significantly worse off? If, relatively speaking, … Continue reading
Whole Foods, which opened in 1978 as a single organic grocery store, has expanded to 200 stores and over $9 billion in yearly sales. NewsHour economics correspondent Paul Solman reports on the company’s success, the growing competition and the organic food industry. Continue reading