Learn how price elasticity of demand impacts consumer behavior and forecasting. Discover strategies for understanding demand ...

The numbers: Orders for long-lasting goods skyrocketed 16% in May to mark the biggest increase in 11 years, but the headline number was exaggerated by a flush of new Boeing contracts that masked ...

American consumers are feeling the squeeze as President Donald Trump's sweeping tariffs begin to drastically affect key imports. From groceries to gadgets to automobiles, the Trump administration's ...

WASHINGTON -- Staffing issues at the Food and Drug Administration have led to the suspension of a program that ensures the quality of milk and other dairy products. According to Reuters, the agency ...

Elastic products, like air travel, see demand vary with price changes, affecting investment volatility. Inelastic goods, such as insulin, maintain steady demand despite price fluctuations, offering ...

China on Friday raised tariffs on imports from the U.S. to 125%, the country's latest response in an escalating trade war with President Trump. The U.S.'s tariffs on China now total 145%. The 125% tax ...

Holly Johnson is a credit card expert and writer who covers rewards and loyalty programs, budgeting, and all things personal finance. In addition to writing for publications like Bankrate, CreditCards ...

Valentine's Day treats might look a little different in the next few years. The U.S. Food and Drug Administration has banned Red No. 3, a dye that gives food and drink a bright, cherry-red color. The ...

We’re long past the point where climate change has started to impact our planet. Natural disasters are happening more frequently, the Earth is warming, and many of us are desperate to do whatever we ...

María Yanotti receives funding from AHURI. She is affiliated with the Economic Society of Australia, and the Women in Economics Network. This article is part of The Conversation’s “Business Basics” ...