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Economy

President Donald Trump said Wednesday it was ‘highly unlikely’ he would fire Jerome Powell as chair of the Federal Reserve. His statements, made in...

Economy

Consumer prices rose in June as President Donald Trump’s tariffs began to slowly work their way through the U.S. economy. The consumer price index,...

Economy

The Federal Reserve has brought in its inspector general to review a building expansion that has drawn fire from the White House, according to...

Economy

In today’s fast-paced business landscape, compliance with regulations and standards is paramount. Failing to meet these requirements can result in hefty fines, damaged reputations,...

Economy

Enhancements in automobile safety are among the best-known examples of the substitution effect. Economics undergraduates learn early on — in their second microeconomics course...

Economy

Blast furnace smelting liquid steel in a steel mill. Economist Thomas Sowell once remarked: “The first lesson of economics is scarcity: There is never...

Economy

Children conform to Hitler’s protocol in East Westphalia-Lippe, 1930s. In The Road to Serfdom, F.A. Hayek called cultural historian and philosopher Moeller van den...