Discover Hotelling's Theory, which explains how owners of nonrenewable resources decide whether to extract and sell based on future price predictions and interest rates.

Dropping rates more than conditions warrant would stimulate the economy in the short term but could lead to trouble, our ...

While weekly bazaars provide a wide variety of items, 'fixed-price' shops seem to be capturing customers that would otherwise ...

Net present value (NPV) is a popular decision-making criteria used by firms to make key, crucial choices about how to ...

The Federal Reserve has several tools to manage the money supply and keep the economy running smoothly. Learn how the central ...

The hospitality industry had called for a rethink of planned changes to the way the tax based on property is calculated.

The Federal Reserve released the minutes from its meeting from earlier this month which show a split decision over the December rate cut. Axios Senior Economics Reporter Courtenay Brown and Washington ...

The Federal Reserve’s policy decisions in recent years have contributed to a worsening of economic inequality in America, and some of the central bank’s policymakers say it’s not a problem they can ...

WASHINGTON (AP) — The U.S. economy grew at a surprisingly strong 4.3% annual rate in the third quarter, the most rapid expansion in two years, driven by consumers who continue to spend in the face of ...

You can count on it: When the Federal Reserve changes its interest rate, news headlines about mortgage rates will follow. This cycle unfolds up to eight times a year, so many home shoppers get the ...

Incoming city council president Anne Mahoney sharply criticized Quincy Mayor Tom Koch for using reserve funds to reduce the ...

Central banks around the world are starting to ease monetary policies, but interest rates remain historically elevated. Relatively high global interest rates have become the defining financial force ...