US Economy Sitemap - Page 2 2016-09-26
Trade Protectionism: Definition, Pros, Cons
Trade protectionism is how countries raise tariffs and reduce imports to protect their domestic industries. Here's pros, cons and examples.
Unemployment Benefits Best Economic Stimulus
Federal unemployment benefits are the best way to boost the economy in a recession because more funds will get spent. That's worth the cost.
Panama Canal Expansion: Definition, Impact on Economy
The Panama Canal Expansion opens June 26, 2016. It allow Post-Panamax ships that carry 3x the cargo of Panamax ships. How it cuts U.S. food prices.
Elastic Demand: Definition, Formula, Curve, Examples
Elastic demand is when consumers really respond to price changes for a good or service. Here are the 2 other types, how to calculate it, and examples .
Inelastic Demand: Definition, Formula, Curve, Examples
Inelastic demand is when the quantity bought doesn't change as much as the price does. How to calculate it, examples and 2 other types.
What Is Quantitative Easing: Defined and Explained
Quantitative Easing is when a central bank adds credit to its member banks' reserves in exchange for their securities. How it's worked.
Lame Duck: Definition, Session, How It Got Its Name
A lame duck is any politician who isn't running for office again. Here's the truth about lame duck Congress, President and how it got its name.
Call Center Outsourcing: Definition, Pros, Cons, Effect
Call center outsourcing is when a company sends its call center function to another unit or company. Pros, cons, and effect on U.S. economy.
Tax Cuts: Definition, Types, Effect on Economy
Tax cuts are reductions in taxes paid on income, profits, sales or assets. Examples, types, and tax cuts by President.
Do Tax Cuts Create Jobs? If So, How?
Across-the-board tax cuts are not the best way to create jobs. Payroll tax cuts that target new hires are the most effective.
What Is Competitive Advantage? 3 Strategies That Work
Competitive advantage is what makes you better than anyone else. Here's the 3 strategies that work: cost leadership, differentiation and focus.
Restrictive Monetary Policy: Definition, Purpose, Tools
Restrictive monetary policy raises interest rates to cool inflation. Here's how it works and how it affects you.
Home Builders: Definition, Top 10, How They Affect Us
New home builders construct single family homes. They are a key driver of economic growth. Housing statistics are leading economic indicators.
China's Currency: The Yuan or Renmimbi
The currency of China is the renminbi or yuan. China keeps its value low against the dollar to allow cheap exports to the U.S. How that's changing.
Causes of Inflation: 3 Real Reasons for Rising Prices
What causes inflation? The 3 real reasons are demand-pull, cost-push and monetary expansion. Here's what creates those conditions.
United Nations: Definition, How It Works, Effect
The United Nations, or UN, is an international organization of 193 members founded in 1945 to prevent another world war.
Why Are Food Prices Rising? Inflation Causes
Food prices are forecast to rise 2-3% in 2016. Here's why food price inflation is a concern for years to come.
FY 2011 U.S. Federal Budget and Spending
The U.S. Government Federal budget for FY 2011 triggered budget debates that nearly created a debt default. Details about the budget and process.
GDP Per Capita: Definition, Formula, Highest, Lowest,
GDP per capita is a measure of country's Gross Domestic Product) by person. How it's calculated. The 10 highest and lowest countries.
Per Capita: Definition, Calculation, How It's Used
Per capita means per person or
2009 GDP Statistics: Growth and Updates by Quarter
In 2009, GDP improved in the third quarter, ending the recession. However, it was still down 2.8% for the year. Here's all estimates for each quarter.
Free Trade Agreement Pros and Cons
Free trade agreements like the North American Free Trade Agreement (NAFTA) are hotly disputed. Here are the top free trade pros and cons.
Japan's 2011 Earthquake and How It Affected the Economy
Japan's 2011 earthquake, tsunami and nuclear leak killed nearly 20,000 people, cost $360 billion and slowed global growth. Here's what happened.
Chernobyl Nuclear Power Plant Disaster: Economic Impact
The Chernobyl disaster cost hundreds of billions of dollars in clean up efforts, benefits to survivors, and lost economic opportunity.
Three Mile Island Nuclear Accident: Facts,Impact,Today
How the 1979 Three Mile Island Nuclear Power Plant Disaster ended construction of new nuclear facilities in the United States.
Why Is April 17 the Tax Deadline?
In 2017, tax day falls on April 17. Normally, it falls on April 15. In 1913, it was on March 1. Here are all the reasons why it's changed.
FY 2009 U.S. Federal Budget and Spending
The FY 2009 budget deficit was $1.4 trillion, the largest in U.S. history and more than three times Bush's proposed deficit. Here's what created it.
Inflation Targeting: Definition, How It Works
Inflation targeting is a monetary policy that sets a goal for inflation. The Fed's target is 2.0% for the core inflation rate. Here's how it works.
S&P Ratings: Definition, Scales
An S&P credit rating is a letter grade that indicates how likely debt will be repaid. How the ratings scale works. Role in financial crisis.
Comparison of Obama and Bush Economic Policies
Find out the similarities and differences between the economic policies of President Obama and President Bush.
FY 2006 U.S. Federal Budget and Spending
What was enacted in the Fiscal Year 2006 Federal Budget. An easy-to-understand summary of the Federal FY 2006 budget.
FY 2007 U.S. Federal Budget and Spending
The FY 2007 U.S. Federal Budget created a $161 billion deficit, because the $2.568 trillion revenue was less than the $2.729 trillion spent.
Ways to Compare GDP by Country
GDP by country is compared by three methods. Here's when to use purchasing power parity, official exchange rate or GDP per capita.
Tornado Damage to the Economy
A record 305 tornadoes caused $5 billion in damage in one week in April 2011. What causes it, and what can be done to prevent worse damage?
Cost of Natural Disasters: Damage Statistics, Effect
Natural disasters are a greater economic threat than terrorism. Here's the economic impact of hurricanes, tornadoes, earthquakes and volcanoes.
Impact of Gold on the Economy and How Gold Affects You
Gold has had a significant impact on the U.S. Economy, from the gold standard to the price of gold. Find out more about gold, the economy and you.
Gold Prices and the U.S. Economy
When gold prices are high, the economy is in crisis or inflation. When they're low, the economy is healthy. Here's the history, and how to invest.
Current U.S. Inflation Rate Statistics and News
The inflation rate was 0.0% in July 2016. The annual core rate was 2.2%. Explanation. Inflation statistics by month since January 2007.
Economic Predictions: Top 8 for the United States
U.S. economy predictions for the next 10 years for debt, GDP, unemployment, the dollar, oil and gas prices, China, and housing. How it affects you.
Obama Tax Cuts: Facts, List, Who Was Affected
In 2010, President Obama signed a tax cut deal that extended the Bush tax cuts, unemployment benefits and many other tax cuts for businesses and families.
Balance of Payments: Definition, Components, Deficit
The balance of payments is a record of a country's international trade plus the financial transactions that make it possible. Its 3 components.
Bush Tax Cuts: Facts, Expiration, Impact on Economy
The Bush tax cuts were tax code changes benefiting families in 2001 and investors in 2003. Tax rebates were given in 2008. Impact on economy and debt.
US Federal Budget Breakdown
The FY2017 U.S. Federal Budget breakdown, including revenue projections, discretionary and mandatory spending, and how it adds to the debt.
BP Oil Spill Economic Impact
On April 20, 2010, a BP drill site explosion created the largest oil spill in U.S. history. Learn more about the BP oil spill economic impact.
Subprime Mortgage Crisis Causes
The subprime mortgage crisis was caused by derivatives. Demand for the mortgages to use as collateral drove subprime lending.
2007 Financial Crisis: Explanation, Causes, Timeline
The 2007 financial crisis is when banks stopped trusting each other. This timeline includes early warning signs and steps taken.
2007 Financial Crisis: Explanation, Causes, Timeline
The 2007 financial crisis is when banks stopped trusting each other. This timeline includes early warning signs and steps taken.
Subprime Mortgage Crisis: Effect and Timeline
The subprime crisis timeline began with warnings in 2003 through the 2006 housing market collapse. Its effect was the 2007 financial crisis.
Outperform the Market: Definition, 5 Ways to Do It
Outperform the market is when your investments do better than the market overall. Here are 5 ways, and one safe way.
Value of Money: How It's Determined
Money has value, but who determines how valuable it is? Find out the different ways money is valued, and why the value of money keeps changing.
Oil Price History: Average, High, Low, Events Since 1974
The history of U.S. oil prices is volatile since 1974. Annual highs and lows with explanation and causes.
Turkmenistan has more natural gas reserves than Canada and is centrally located between Russian, Europe and China.
QE2 (Quantitative Easing 2): Definition, How It Worked
QE2 is the Fed's second round of quantitative easing. It bought $600 billion in Treasuries in five months. Here's how it worked.
Operation Twist: Definition, How It Worked, History
Operation Twist is part of Quantitative Easing. It's when the Federal Reserve buys long-term Treasury notes when its short-term bills expire.
Federal Reserve Monetary Report: Definition, Contents
The Federal Reserve's semi-annual report to Congress on the state of the U.S. economy includes the economic summary, monetary policy and outlook.
Exports: Definition, Examples, Effect on Economy
Exports are goods and services made domestically but purchased by foreigners.
Who Owns the US National Debt? How Much Is Owed?
The U.S. national debt is owned by Social Security, the Fed, and foreign investors. Here are all the major owners.
The U.S. Owes China This Much Debt
As of June 2016, the U.S. owed China $1.241 trillion. Why America owes so much to China. What happens if China calls in its loans, and why it won't.
Consumer Confidence Index: Definition, News, Impact
The Consumer Confidence Index rose to 101.1 in August 2016. Here's what it means and how it's measured. All-time highs and lows.
US Congress: Definition, Duties, Effect on Economy
The U.S. Congress is the federal government's legislative branch. Here's its duties, the agencies that support it, and how it affects the economy.
US Minimum Wage: What It Is, Who Must Comply, History
The U.S. minimum wage is $7.25 an hour, although 29 states have a higher minimum. Exceptions and history.
2012 Republican Presidential Debate: Summary, Impact
The 2012 Republican Presidential Debate covered tax cuts, reducing regulations, and privatizing entitlement programs. How the candidates differed.
Private Equity: Definition, Firms, Funds, Trends
Private equity is private ownership, as opposed to stock ownership, of a corporation. Here's the top firms, types of funds, and role in recession.
Pension Funds: Definition, List and Issues
Pension funds manage investments to pay for your retirement. The top 10 funds manage $6.8 trillion. Here's how they work.
Nuclear Power: How It Works, Pros, Cons, Impact
Nuclear power contributes 20% of U.S. electricity from 99 active plants. Here's how it works, pros, cons, and the future of U.S. nuclear power.
Current Federal Reserve Interest Rates
The current fed funds interest rate is 0.25% to 0.5%. This article gives some background and insight into the process of how the rate is determined.
Jobs Report: Monthly Employment Growth Statistics
The economy added 151,000 jobs in August 2016. Which industries added and lost jobs since January 2008. What that says about the economy's health.
Discouraged Workers: Definition, Causes and Effects
Discouraged workers have given up looking for work. Although there are fewer, they didn't return to the labor force. Here's what they did instead.
Labor Force Participation Rate: Formula, Examples
The labor force participation rate (LFPR) is the labor force divided by the population. In August, it was 62.8%. Why it won't return to earlier levels.
Fiscal Year: Definition, Federal Budget Examples
Fiscal Year (FY) is an organization's twelve-month financial budget and reporting period. Examples from the Federal government.
Current US Federal Budget Deficit: Causes, Effects
The U.S. Federal budget deficit will be $503 billion in FY 2017. Four reasons why the deficit is out of control. When you should be concerned.
Interest Only Loan: Definition, Pros, Cons, Types
An interest-only loan is where you pay just the interest for the first 3-5 years. Here are the pros, cons and different types.
EGTRRA: Summary, Pros, Cons, Impact
EGTRRA is a 2001 income tax cut. Here's what was cut, why it didn't end the recession, who was helped, and why it didn't expire.
Long Term Unemployment: Definition, Causes and Effects
Long-term unemployment is 27 weeks or more. It affects 2.006 million people. Here are its causes and effects.
What Is the Real Unemployment Rate? Formula, Examples
The real unemployment rate includes discouraged and some part-time workers. It's 9.7%, nearly double the official rate. Is the government lying?
Current Unemployment Rate Statistics and News
The unemployment rate for August 2016 remained at 4.9%. Here's the monthly unemployment rate statistics since April 2007.
2007 Employment Statistics
The monthly employment statistics for 2007. Page 2.
Prime Interest Rate: Definition, Comparison to LIBOR
The prime rate is what banks charge their best customers. It rose to 3.5% when the FOMC raised the Fed funds rate on December 16, 2015.
U.S. Imports and Exports: Components and Statistics
The U.S. imported $2.76 trillion and exported $2.23 trillion in goods and services in 2015. Here is a summary of the biggest components.
Job Creation by President
How many jobs each President created depends on whether he fought a recession, how much he added to the debt, and many other economic factors.
U.S. GDP Current Statistics (2006 to Present)
The U.S. economy grew 1.1% in the second quarter 2016. A strong dollar is slowing exports. Compare to all GDP forecasts since 2006.
Durable Goods Orders Report: Definition, News
The durable goods order report measures the demand for business equipment, including commercial jets. Here's the real reason orders rose 4.4% in July.
Foreign Exchange Market: Definition, Types of Markets
The foreign exchange market is where traders buy and sell currencies. Components, history, major players, role of central banks.
Where Does the Money Go
Review of Where Does the Money Go, a book explaining the Federal Budget Crisis and the Federal Debt.
Russian President Vladimir Putin
Vladimir Putin is the President of Russia. He has been the leader since 1999. Here's how he remains in power despite a recession.
Boom and Bust Cycle: Definition, Causes, History
The boom and bust cycle is the economic expansion and contraction in the business cycle. Here's causes and recent history.
Certificates of Deposit: Definition, Pros, Cons
Certificates of deposit offer a fixed interest rate for a set period of time. Pros and cons vs money markets. How banks set CD rates.
Corporate Bonds: Definition, Type and Size of Market
Corporate bonds are a type of loan to a corporation. They differ based on duration, risk and type of interest payment.
What Is Retailing and Is It Important to the Economy?
What is retailing? Retailing is how producers get their goods and services to consumers. Learn how it's measured and its importance to the economy.
Silicon Valley: Definition, Reasons For Success
Silicon Valley is an area around Stanford University that's home to the world's densest concentration of innovative tech companies.
Frictional Unemployment: Definition, Examples, Causes
Frictional unemployment is when workers voluntarily become unemployed while searching for a better job or moving for unrelated reasons.
Money Market Instruments: Definition, Types, Role
Money market instruments are short-term loans that provided operational capital for businesses and governments. Here are the types.
Labor Force: Definition, How It Affects the Economy
The labor force equals the employed plus the unemployed members the civilian noninstitutional population .What that means and how it affects you.
Why Black Friday Is Called Black Friday
Why is Black Friday called Black Friday? It started out as a negative but was later turned into a positive. Here's where the term came from.
Secondary Mortgage Market: Definition, Pros, Cons
The secondary mortgage market is where banks resell loans to investors. Pros, cons, and role in financial crisis.
How a Stock Market Crash Could Cause a Recession
A stock market crash can cause a recession by indicating a loss of confidence in the economy, and by draining companies' ability to raise cash.
Treasury Yield Curve: Definition and Types
The U.S. Treasury yield curve describes the yields on Treasury bills, notes and bonds plotted on a graph. How it predicts the future.
Adjustable Rate Mortgage: Definition, Types, Pros, Cons
Adjustable-rate mortgages are loans whose interest rates adjust with LIBOR, the Fed funds rate, or Treasury bills. Types, pros and cons.
How a Country Becomes a WTO Member
A country becomes a WTO member through a four-step process that involves negotiating bilateral trade agreements that will apply to all WTO members.
Federal Reserve Printing Money
Is the Federal Reserve really printing money? Its ability to create credit out of thin air has the same effect, and creates asset bubbles.
What Is Fannie Mae or FNMA
Fannie Mae is a government-owned entity that provides a secondary market for home mortgages. How it works and affects the economy. Its future.
Euro to US Dollar Conversion: Definition, History
The euro to dollar conversion is how many dollars a euro will buy. It recently fell to a 12-year low, making it a great time to visit Europe.
Eurozone Debt Crisis: Causes, Cures and Consequences
The eurozone debt crisis is because many countries in the European Union took on too much debt. This left German banks holding the bag.
2007 GDP Statistics: Growth and Updates by Quarter
In 2007, the economy grew 1.8% according to the most recent revision. Here's the original estimates and revisions for growth for each quarter.
Euro: Definition, Countries, Pros, Cons
The euro is the common currency for the eurozone. Here's the euro's history, what countries are in the eurozone, and the the euro crisis.
Supply Chain: Definition, How It Affects the Economy
A supply chain is how a company turns raw materials into finished goods and services for the customer. Here's how it affects the economy.
US Economy 2012: Summary and Critical Events
The U.S. economy grew moderately in 2012, although it faced major headwinds with the fiscal cliff and the 2012 Presidential election.
Venezuela's Economy and Oil
Venezuela's economy may default on its debt due to lower oil prices, too much government spending, and the devastating effects of wage-price controls.
How India and U.S. Relations Affect Their Economies
India's Prime Minister is creating a more business-friendly environment. Here's the U.S. industries that benefit the most.
Trade Promotion Authority: Definition, Pros, Cons,
A Trade Promotion Authority (TPA) is a Congressional tool that allows Presidents to negotiate trade agreements more efficiently.
How Exchange Rates Affect You
Exchange rates affect you in six ways. The impact of a strong vs. weak dollar on groceries, gas, loans, investments, and travel.
How Do Exchange Rates Work? What Affects Them?
Exchange rates work through foreign exchange markets. Here's the three factors that affect them.
How the Government Regulates Exchange Rates
The government influences more than regulates exchange rates. However, it does regulate most forex traders. Here's how it works.
CAFTA: Agreement, Member Countries, Pros,Cons
CAFTA-DR removes U.S. trade barriers with 5 Central American countries and the Dominican Republic. Here's its purpose, history, pros and cons.
Unemployment Rate Formula: How to Calculate
The unemployment rate formula is the number of people looking for a job divided by the number in the labor force. Here's how to calculate it.
How the WTO Resolves Trade Disputes
The WTO resolves trade disputes with a system that last 12 - 15 months. That prevents retaliation and protectionism.
What Is Being Done to Control Unemployment?
The government controls unemployment with expansionary monetary or fiscal policy. Here are the specifics. The times unemployment is uncontrollable.
Labor: Definition, Types, How It Affects the Economy
Labor is the number of workers in the economy, and the effort they put into producing goods and services. Types and how it's measured.
Factors of Production: Definition, 4 Types, Who Owns
The 4 factors of production are land, labor, capital, and entrepreneurship. Financial capital is not a 5th. U.S. factors and how they are measured.
Asset Allocation: Definition, Models, Classes
Asset allocation is how much you invested in stocks, bonds, real estate and other assets. It's based on your goals, time frame and risk tolerance.
Deflation: Definition, Causes, Why It's Bad
Deflation is when prices fall. Here are causes, how it's measured, how it's stopped, and why it's worse than inflation. Japan as an example.
Income Per Capita: Calculation and U.S. Statistics
Income per capita is an area's income divided by its population. It measures earning power. Here are four methods.
Free Trade Agreement: Definition, Types, US Examples
Free trade agreements regulate tariffs and other trade restrictions between two or more countries. Here's the 3 main types, with U.S. examples.
Retail Banking: Definition, Types, Economic Impact
Retail banking provides credit, deposits and a way to manage money for consumers and small businesses. Here's how it works.
Consumer Spending Trends and Current Statistics
Consumer spending grew 4.2% in the second quarter 2016. Five reasons why it's been sluggish since the recession. How it impacts growth.
U.S. Retail Sales Statistics: Current and Recent Trends
U.S. retail sales were flat in July. This tepid growth could slow the economy over the summer. Compare it to monthly and annual sales since 2012.
USA National Debt Clock: Definition and History
The U.S. debt clock tracks the national debt, which hit $18 trillion on 12/15/14. Find out its history, where it is, and other ways to track debt.
2008 GDP Statistics: Growth and Updates by Quarter
2008 real U.S. GDP output and growth rate by quarter. Compare advance, second, final reports and revisions. Summary of reports, including causes.
2006 GDP Statistics: Growth and Updates by Quarter
The economy grew 2.7% in 2006, as measured by Gross Domestic Product. Here's why.
Tomorrows Gas Prices Today
You can predict tomorrow's gas prices by looking at gas futures contracts, today's oil prices and oil futures contracts. Here's 7 other ways.
Currency Wars: Definition, How It Affects You
Currency wars occur when countries battle to lower the value of their currencies to spur exports and economic growth.
Public Debt: Definition, Pros, Cons, When It's Too High
The public debt is how much a government owes to creditors outside of itself. Here's pros and cons, how it's measured, and when it's too high.
Could the Financial Crisis Have Been Avoided?
The financial crisis could have been avoided in 2006 if the government had responded quickly enough to the signs.
U.S. Debt Default: Definition, Causes and Consequences
A U.S. debt default is when the Treasury Department is forbidden to pay interest on its bonds. The potential causes and horrific consequence
Brexit Consequences: For UK, EU, and U.S.
Brexit is the UK June 23 vote to leave the European Union. Consequences for the UK, the EU, and the U.S. Latest news.
FY 2016 Federal Budget: Request & Appropriation Summary
The FY 2016 budget (10/1/2015-9/30/2016) is $3.952 trillion. That's $616 billion more than the $3.336 trillion in revenue. Here's where it all goes.
Why Is Inflation Good: 2 Reasons, Examples
A little inflation is good because it sets up expectations of future price increases. That makes people buy now rather than later, increasing demand.
PCE Inflation: Definition, Calculation, Preferred Use
PCE Inflation is the PCE Price Index. It measures price changes in consumer purchases each month. How it's calculated. Why the Fed prefers it.
What Is the National Debt: Definition, Current Stats
The national debt is what the federal government owes the public and other government agencies. It's more than $19 trillion.
China Economic Reform
China's economic reform is shifting it from a command to a mixed economy. Here's the details of the plan.
US Shale Oil: Boom and Bust, Reserves, Companies
U.S. shale oil dramatically lowered oil and gas prices. Now they're going out of business. How fracking works, and prospects for the future.
Community Reinvestment Act: Definition, Recession Role
The Community Reinvestment Act is a Federal law that encourages bank lending to low income neighborhoods. Its role in the 2008 financial crisis.
Interest Rate Swap: Definition, Example, Valuation
An interest rate swaps is when 2 parties exchange interest payments on underlying debt. Explanation, example, pros, cons, effect on economy.
International Trade: Pros, Cons, Effect on Economy
International trade is the exchange of goods and services between countries. Here's its importance to the U.S. economy, and its pros and cons.
What Caused 2008 Global Financial Crisis
The 2008 financial crisis was caused by deregulation, securitization, and the Fed's poor timing.
OPEC Oil Embargo: Cause, Effect, Crisis
The OPEC oil embargo is a 1973 decision by OPEC to halt U.S. oil exports, restoring oil prices that fell when Nixon abandoned the gold standard.
Causes of the Business Cycle
The business cycle is caused by the forces of supply and demand, availability of capital, and levels of confidence.
Bankruptcy Abuse Prevention and Consumer Protection Act
The Bankruptcy Abuse Prevention and Consumer Protection Act helped cause the Great Recession by crippling people with medical bills.
Contractionary Fiscal Policy:Definition,Purpose,Example
Contractionary fiscal policy is decreased government spending or increased taxation. Here are examples, how it works, and why its seldom used..
Expansionary Fiscal Policy: Definition, Examples
Expansionary fiscal policy is increased government spending or decreased taxation. Purpose, examples, how it works, pros, cons.
Federal Budget: Definition, How It Works
The federal budget is the government's estimate of spending and revenue for each fiscal year. Explanation of the U.S. budget process and deficits.
Deficit Spending: Definition, Causes, Impact on U.S.
Deficit spending is when you spend more than you earn. Governments do it to boost growth and stay in power. U.S. deficit spending examples.
U.S. Exports: Top Categories, Challenges, Opportunities
The United States exported $2.23 trillion in goods and services in 2015. What does it export, and why doesn't it export more?
Role of Derivatives in Creating Mortgage Crisis
Derivatives caused the financial crisis by creating artificial demand for underlying assets such as mortgages, credit card debt and auto loans.
How Does China Influence the U.S. Dollar?
China impacts the U.S. dollar's value by buying U.S. Treasuries. Here's exactly why it does that.
What Is Retail Sales: Definition and Components
Retail sales is the end product sold to the consumer.
Will the U.S. Debt Ever Be Paid Off?
There are 3 ways to pay off the debt, but 3 reasons why that won't happen. The debt has increased $1 trillion per year since 2007.
Gold, "The Ultimate Bubble," Has Burst
Gold prices hit a record of $1,895 on September 5, 2011. Gold's historical price is below $1,000 an ounce. Why gold won't set a new record soon.
Which States Have the Best Economies?
Which states have the best economies and job prospects depends on their growth rates, ease of finding a job, and friendliness to entrepreneurs.
LBO (Leveraged Buyout): Definition, Threat
Leveraged Buyouts (LBOs) raise huge amounts of debt to take a company private, make it more efficient, then sell it. They could cause the next crisis.
Liquidity Trap: Definition, Examples, 5 Signs, 5 Cures
A liquidity trap is when the economy doesn't respond to the central bank's expansive monetary policy. Here's 5 signs and 5 solutions.
The Truth About Obamacare: 14 Myths Explained
The truth about Obamacare behind the 14 biggest myths that people actually believe. Test your knowledge to make sure you aren't being misled.
Cost of Iraq War: Timeline, Economic Impact
The Iraq War cost $1.8 trillion directly, and $4 trillion to the economy. Here's the timeline of costs, updates, and the war's causes.
2011 GDP Statistics: Growth and Updates by Quarter
In 2011, GDP grew 1.6%, with some quarters performing better than others. See what drove it by quarter, and how the government revised each quarter.
2012 GDP Statistics:by Quarter with Updates
In 2012, GDP rose 2.2%, boosted by a rebound in housing. See what drove it by quarter, and how the government changed the estimates.
Oligarchy Countries: List, Who's Involved and History
Oligarchy countries include Russia, China, and Saudi Arabia. Here's the top 6, why they're oligarchies, who's involved, and how they got that way.
A biography of Federal Reserve Chairman Janet Yellen, and reasons why she'll make a good Fed chair.
BATS Global Exchange
BATS Global Markets is one of the top 3 U.S. stock exchange operator. Here's more on its exchanges and history.
U.S. Manufacturing: Definition, Statistics, Outlook
U.S. manufacturing is the transformation of raw materials into new products. Size, importance, recent trends, and outlook.
Corporate Income Tax: Definition, History, Effective Rate
The corporate tax rate is 40%, but few companies pay that. 3 reasons why the effective tax rate is only 15%. The historical rate since 1909.
QE1: Definition, Overview, Did It Work
QE1 is the first Federal Reserve program of quantitative easing. That's when the Fed buys debt, using credit it creates out of thin air.
QE4: Explanation, Pros, and Cons
QE4 was the fourth round of Quantitative Easing established by the Federal Reserve. It bought long-term U.S. Treasury notes using credit it created.
Strategic Petroleum Reserve
The Strategic Petroleum Reserve is a stockpile of oil hidden in salt caverns that would keep the country running in a crisis.
Oil shale could make America an oil-exporting nation again once the technical challenges are met.
Fiscal Cliff: Definition, Explanation, Causes
The fiscal cliff is what the economy would have fallen off of if 3 tax increases and 2 spending cuts had occurred on January 1, 2013.
Sequestration: Definition, Causes, Impact
Sequestration cut FY 2013 spending by $85.5 billion, and $109.3 billion in each year from FY 2014 -FY 2021.
QE3: Definition, Pros and Cons
QE3 is the third round of the Federal Reserve's monetary policy of Quantitative Easing, where it continued buying $40 billion of mortgage-backed securities.
Sovereign Debt Crisis: Definition, Examples
A sovereign debt crisis is when a country can't pay its bills. Compare the U.S., European, Greece, and Iceland debt crises.
Debt Crisis: Causes and Cures
A debt crisis occurs when creditors think borrowers, whether a household, business or government, will default on their debts. Causes and cures.
Austerity Measures: Definition, Examples, Do They Work
Austerity measures are steps governments take to reduce deficits and avoid a debt crisis. Pros and cons. Examples of U.S. and EU measures.
US Economic Crisis: History, Warning Signs, Outlook
A U.S. economic crisis is a severe and sudden upset in one part of the economy. The next one could occur in 2017. How to protect yourself.
Underemployment: Definition, Causes, Effects, Rate
Underemployment is when employees are working beneath their ability. It includes visible and invisible underemployment. How it's measured.
What Is Wall Street: How It Works, History, Crashes
Wall Street is the financial center of the U.S . Here's how it work, its history and its role in crashes.
U.S. Dollar Index: Definition, Chart, Trends
The dollar index measures the U.S. dollar's value against a basket of foreign currencies. Here's the USDX and the trade-weighted H-10 index.
Simpson-Bowles Plan: Summary, History, Would It Work
The Simpson-Bowles Report is a plan to fix the debt by lowering the tax rate, eliminating deductions, and reducing federal spending.
US Debt Crisis: Summary, Timeline and Solutions
Between 2010- 2013, the U.S. faced a debt crisis each year as tea party Republicans resisted raising the debt ceiling. Here's why it didn't work.
The Laffer Curve is a theory that explains the relationship between tax rates and government revenue. It explains why tax cuts don't always work.
Halloween Spending Statistics, Facts and Trends
Halloween sales continue to trend down since the record set in 2012. Here's why, and what it means for Black Friday.
Tranches: Definition, How They Work, Risks
Tranches are subsegments of a collateralized debt obligation (CDO). Here's the pros and cons, and their role in the financial crisis.
Personal Consumption Expenditures
Personal Consumption Expenditures is a measure of consumer spending on goods and services in the United States.
10-Year U.S. Treasury Note: Why It's the Most Important
The U.S.Treasury 10-year note yield is the return on investment. It's so important because it guides other interest rates, like a 15-year mortgage.
Obama Speech on American Jobs Act 2011
Obama proposed the American Jobs Act in a 2011 speech. Summary and most cost effective job-creation strategies. Why Congress didn't pass it.
Petrodollar: Definition, Collapse, System, Recycling
Petrodollars are the U.S. dollars that oil-exporting producing countries accumulate and recycle. The system's history, and whether it will collapse
Economic Damage From the Mississippi Flood
How much damage do Mississippi River floods cause, and how do these floods affect the economy? What can be done to prevent further worsening?
Too Big to Fail: Definition, Examples, Banks
Too big to fail is a company that would cause an economic collapse if it failed. Examples of banks and other financial companies.
Brazil Economy: GDP, Inflation, Success and Failures
Brazil's economy is the 8th largest in the world. It survived the financial crisis, but now suffers from recession and stagflation. Here's why.
Iran Economy: Nuclear Deal and Sanctions Impacts
Iran's economy is dependent on oil, which will double thanks to the UN nuclear treaty removal of sanctions. Here's facts, pros and cons.
Gas Exporting Countries Forum: GECF Definition, Members
The members of the Gas Exporting Countries Forum (GECF) control 75% of the world's natural gas. If they form a cartel, it would rival OPEC.
Shanghai Cooperation Organization: Members, Summits
The Shangai Cooperation Organization was formed by China to develop the oil and natural gas in its neighboring countries.
US Losing Competitive Advantage
The U.S. economy is losing its competitive advantage in the global market. Here are 4 reasons why.
US Economic Power and Resiliency
The power and resiliency of the U.S. economy creates both growth and a high standard of living.
Forex Trading: Impact on the Dollar and the Economy
Forex trading is more than $5.3 trillion per day, greatly influencing the value of the dollar and the U.S. economy.
Current Account: Definition and 4 Components
The current account is a country's trade balance, plus net income, and direct payments between it and other countries.
Mitt Romney's Economic Plan
Presidential Candidate Mitt Romney's economic plan was focused on supply-side economics. Would it have worked better than Obama's?
Does Supply-side Economics Work?
Supply-side economics is a theory that recommends lower taxes and deregulation to increase supply of capital, jobs, labor and goods/services.
Department of Defense: What It Does and Its Impact
The U.S. Defense Department is the nation's largest employer and government agency. It controls more Federal dollars than any other department.
The SEC and How It Affects the U.S. Economy
The U.S. Securities and Exchange Commission (SEC) regulates the stock market, protects investors and makes the U.S. market transparent.
World's Largest Economy: 2015 Results,How It's Measured
The world's largest economy is China, which replaced the EU. The U.S. is third. Here's why, and how it's measured.
Economic Report of the President
The Economic Report of the President outlines the economic trends, outlook and priorities according to the President's Council of Economic Advisers.
Repurchase Agreement: Repo Market Risks, Regulations
Bank repurchase agreements, or repos, are a short-term swap of bonds for cash. The risks, regulations, and reverse repos.
Mandatory Spending: Social Security, Medicare
Mandatory spending for FY 2017 hit a new record. Here's the outlook for Social Security, Medicare and Medicaid programs.
U.S. Treasury Yields: Definition
U.S. Treasury yields are based on demand for the bonds themselves. When the bond prices rise, yields fall and vice versa. Here's why and an outlook.
Yen Carry Trade Explained: Pros, Cons, Today
The yen carry trade is when traders borrow yen at a low-interest rate and invest it in a currency with a high-interest rate. Recent trends.
Year Over Year (YOY Growth): Calculation, Definition
Year-over-year measures statistical changes against the same time period last year. How to calculate, pros, cons, and examples.
Climate Change Facts, Economic Costs and Solutions
Climate change is global warming and causes extreme storms. Here's the economic cost, and what's being done about it.
How Does the U.S. Economy Work?
The U.S. economy works through the laws of supply and demand. It's managed by the Federal Reserve and your elected officials. Here's how.
2008 Financial Crisis Timeline: 33 Critical Events
The 2008 financial crisis timeline had 33 key events during that year. An explanation, from the Bear Stearns bailout to Lehman's collapse, to TARP.
2008 Financial Crisis Timeline: 33 Critical Events
The 2008 financial crisis timeline had 33 key events during that year. An explanation, from the Bear Stearns bailout to Lehman's collapse, to TARP.
How Is the Economy Doing
These 6 signs tell you how the economy is doing right now, and whether it's about to get worse.
Secretary of the Treasury: Function, Bios, Role
The Treasury Secretary is the federal government's chief financial officer. Here are mini-bios of the 7 most important. The Secretary's role.
Bearn Stearns: Collapse and Bailout Timeline
Bear Stearns was an investment bank that collapsed and was bailed out in April 2008. Why it collapsed, details of the bailout.
Bank of America Settlement: Largest in History
Why the Bank of America agreed to pay $16.6 billion to the U.S. government -- the largest settlement in history.
Sovereign Wealth Funds: Definition, Examples, Ranking
Sovereign wealth funds are owned by foreign governments. They are changing the balance of global economic power.
TARP: Definition, Cost, Who It Helped
The TARP bailout program provided taxpayer funds for large banks to prevent more bankruptcies. Later, it provided mortgage relief for homeowners.
Trade Deficit: Definition, Causes, Effects, Role in BoP
The trade deficit is when a country imports more than it exports. Here's causes, effects, U.S. definition, and its role in the balance of payments.
Trading Sideways: Definition, Examples, Making Money
Trading sideways is when the stock market is flat, not setting any direction. Here's how to make money in a sideways market.
Unfunded Mandates: Definition, Examples, Need for UMRA
Unfunded mandates are when Federal laws require agencies to perform tasks for which they have no funds. Here's how UMRA helps reduce these laws.
Unilateral Trade Agreements: Definition, Examples
Unilateral trade agreements or policies are issued by countries without regard for whether they are reciprocated. Here's pros, cons and examples.
Stock Market: Definition, How It Works, Major Markets
The stock market is where traders buy and sell shares of companies on a public exchange. It's the best way to beat inflation.
What's Subprime Mortgage: Definition, Economic Impact
A subprime mortgage is a housing loan that's granted to borrowers with impaired credit history. Here's the types, and role in the subprime crisis.
Swap Line: Definition, Purpose, Examples
A swap line is an arrangement between banks to exchange currency. Here's its purpose and examples of dollar, currency and credit swap lines.
Small Cap Stocks: Definition, Example, Effect on Economy
Small cap stocks are shares of companies with a market capitalization of less than $2 billion. Buy when the business cycle is expanding.
Social Security Trust Fund: Definition, Solvency
The Social Security Trust Fund pays for retirement and disability benefits. It's funded from payroll taxes. History, solvency, how to fix it.
Savings and Loans: Definition, History, Today
Savings and Loans are banks created to promote home ownership. Here are the history, their involvement in crises, and current status.
Profit Margin: Definition,Types, Formula
Profit margins are ratios that explain how well a company uses its revenue to create profit. There are 3 types: Gross, Operating and Net.
What Is a Put Option: Long, Short, Buy, Sell, Example
A put option is an agreement to sell a security at a fixed price at any time up to an agreed-upon date. Types and examples.
Options: Definition, Types
An option is a derivative that gives the owner the right to buy or sell an investment at an agreed upon price within a certain period of time.
Preferred Stock: Definition, vs Common Stock, Types
Preferred stocks pay interest like bonds but can increase in value like a stocks. Here's the 3 types, advantages and risks.
Price Fixing: Definition, Types, Examples
Price fixing is when two competitors agree on a price to gain higher margins. Types, examples, and why it's illegal.
What Are Mid Cap Stocks: Definition, 4 Reasons to Buy
Mid cap stocks are shares of ownership in companies between $1-$5 billion in capitalization. 4 reasons to buy, examples, mid cap vs large or small.
What Is Monetary Policy? Objectives,Types and Tools
Monetary policy is how central banks manage liquidity to sustain a healthy economy. Here's its 2 objectives, the 2 policy types, and the tools used.
Oil Reserves: Definition, Categories, World's Largest
Oil reserves are the deposits of oil in the earth. Here's the 3 categories, world total, top 20 proven reserves, and oil shale impact.
Mark to Market Accounting: Definition, How It Works
Mark to market is a way of a valuing assets at their current price. How it worsened the Depression and 2008 financial crisis.
Money Market Funds: Pros, Cons, Break the Buck
Money market funds invest in short-term, low-risk debt. Here's pros, cons, and why they almost failed in 2008.
Mortgage: Definition, Types, History, Impact
A mortgage is a loan that used real estate to secure the loan. Here are its types, history, and its impact on the U.S. economy.
Most Favored Nation Status: Definition, Pros, Cons
Most Favored Nation Status is when countries enjoy reciprocal trade preferences. Here's the pros, cons, and examples.
Interest Rate: Definition, Meaning and Examples
A definition of interest rates, including the APR. How interest rates work to stimulate or slow economic growth.
Inverted Yield Curve: How It Predicts a Recession
An inverted yield curve is when interest rates on short-term loans are higher than on long-term loans. Here's why it predicts recession.
What Is LIBOR? How It's Determined & How It Affects You
The LIBOR rate is what banks charge each other for short-term loans. It's determined by ICE from a survey of banks. It's near the Fed funds rate.
Large Cap Stocks: Definition, 3 Reasons to Invest
Large cap stocks are shares of safe, dividend-paying companies with a market cap of $5 billion or more. Large caps do better in downturns.
Fixed Rate Mortgage: Definition, Rates, Pros, Cons
A fixed-rate mortgage is a home loan where the interest rate and payment don't change. How rates are set, types and current trends
Futures Contract: Definition, Types, Effect on Economy
A definition of futures contracts including commodities futures contracts and - the most influential - oil futures contracts.
Why the Dollar Is the Global Currency
Since 1944, the U.S. dollar is used as the default global or world currency. Learn more about why calls for another global currency will fail.
Irrational exuberance is the emotion sends investment prices above their true values. Greenspan quote. Shiller book summary. Dangers. Examples.
Mandatory Spending: Definition, Programs and Impact
Mandatory spending cannot be changed quite literally without an Act of Congress. It includes Social Security, Medicare, Medicaid, TARP, and Obamacare.
Contractionary Monetary Policy: Definition, Examples
Contractionary monetary policy is when central banks raise interest rates, reduce the money supply, and avoid inflation. How it works. Examples.
Conventional Mortgages: Definition, Types, Qualifications
Conventional mortgages are those which do not require FHA or VA government guarantees.
Trade Dumping: Definition, Pros, Cons, Anti-dumping
Dumping is when a country sells exports below market value just to gain share. Here are the pros and cons, and anti-dumping measures.
Core Inflation: Definition, Importance,Calculation
Core inflation is an accurate measure of underlying inflation by eliminating volatile food and energy prices. How it's calculated and why it's important.
Characteristics of Emerging Markets
Emerging markets are countries with low incomes and high growth prospects. Learn about the characteristics of emerging markets and investing in them.
ASEAN: Definition, Country Members, Purpose, History
ASEAN (Association of South East Asian Nations) is a trade group of 10 countries in Southeast Asia that are competing together against China.
Base Budget: Definition, Examples
The Base Budget is the minimum needed to keep a department functioning each year. How that can be misleading.
CDOs (Collateralized Debt Obligation) Definition
CDOs, or Collateralized Debt Obligations, are derivatives that banks use to repackage and sell credit card, corporate debt, and other loans.
Call Option: Definition, Types, Pros, Cons
A call option gives the holder the option to buy a stock at a certain price. Here are the types, the pros and the cons.
Financial Capital Definition, Sources and Effect
Financial capital is the funding that creates more supply in the economy.
Bilateral Trade Agreements: Definition, Pros,Cons, List
Bilateral trade agreements are between two countries. Here's the pros, cons, and a list of the 12 major U.S. agreements.
Business Cycle: Definition, 4 Stages, Examples
The definition of the business cycle is the 4 stages of expansion and contraction in an economy. Here's what GDP to expect and how it's controlled.
Black Monday: Definition, 1987, 1929, 2015
Black Monday is the name given to stock market crashes that occurred on three different Mondays: October 19, 1987, October 28, 1929, and August 24, 2015.
How Does Inflation Impact My Life? Impact on Economy
Inflation impacts your life by lowering your standard of living. Everything costs more. If your income doesn't keep up, you can't afford as much.
Inflation: Major Players in Battle Against It
The major players in the fight against inflation are the Federal Reserve Chairs. Here are the policies used by each since 1934.
How to Pick Good Mutual Funds
Here are 11 steps on how to pick the best fund for you. Understand how to use diversification and asset allocation to meet your goals.
How Does Stock Investing Affect the US Economy?
Stocks and stock investing affects the U.S. economy by providing massive funding for companies to expand. How it's a leading economic indicator.
How Do Individual Investors Buy Stocks?
Individual investors can buys stocks online, use a broker, or work with a financial planner. Here's how to find the best way that works for you..
Benefits of Investing in Stocks vs. Disadvantages
The benefits of investing in stocks vs the disadvantages. Comparison to pros and cons of owning bonds and mutual funds.
Doha Round of Trade Talks
Summary of the Doha Round of Trade Talks, why they were suspended, and the next steps
World Trade Organization:WTO Definition,Purpose,Status
The WTO is the world's only multi-lateral trade organization. 3 ways it promotes trade, recent news and its history.
How Bonds Affect the U.S. Economy
Bonds affect interest rates for loans, mortgages and savings. This affects the economy by providing credit for purchases and investments.
Treasury Bills Notes and Bonds: Definition, How to Buy
Treasury bills, notes, and bonds are fixed-income securities issued by the U.S. government. Their differences, how to buy them, and their impact.
How the Stock Market Works: Advantages, Components,Trends
The stock market works on several public exchanges where broker dealers buy and sell shares of public companies. Advantages, components, and trends.
What Are Hedge Funds? Risks vs. Returns
Hedge funds are private investment funds that promise great rewards, but also present great risks to both investors and the economy.
LIBOR Rate History: With Comparison to Fed Fund Rate
The LIBOR rate historically follows the Fed funds rate. In April 2008, its divergence warned of the impending financial crisis.
Financial Crisis Compared to Depression, Other Crises
The 2008 financial crisis, the 1987 S&L crisis, the 1997 LTCM crisis, and the 1929 Depression had different causes and resolutions.
Fed Funds Rate: Definition, Impact and How It Works
The Fed funds rate is the interest rate banks charge each other to borrow funds overnight to maintain the reserve requirement.
Dow Jones Closing History: Top Highs, Lows Since 1929
The Dow's record closing high is 18,595.03 set on July 20, 2016, the 7th day in a row it set new closing records. DJIA highs and lows since 1929.
Aggregate Supply: Definition, How It Works
Aggregate supply is the goods and services produced by an economy. Supply curve, law of supply and demand, and what the U.S supplies.
Employment: Definition, How It's Measured
Employment is at least one hour of work done in the past week by those in the civilian labor force who are 16 or older.
Fannie Mae and Freddie Mac Bailout
The Fannie Mae and Freddie Mac bailout cost $125 billion but saved the housing market from even worse destruction.
Did Fannie and Freddie Cause Mortgage Crisis
Did Fannie Mae and Freddie Mac alone cause the mortgage crisis? No, and believing that is dangerous. Here's what really happened.
How the Government Mortgage Bailout Affected You
How the largest government bailout in history affected the U.S. Economy. What it meant to you then, and today.
Economic Depression: Definition , Causes, Prevention
A depression is several years of economic contraction. Here are the causes, how it was averted in 2008, and why it won't happen again.
Commodities Futures Trading Effect on US Economy
Commodities futures trading changes the prices of food, energy and metals by more than supply and demand.
Why Invest in Gold? 3 Reasons According to Research
Buy gold to hedge against a stock market crash, inflation or a declining dollar. Others buy it as a direct investment. Here's what the research says.
Shale Oil: Production, Extraction, Fracking, Pros, Cons
Shale oil is a crude oil that's trapped within layers of shale rock. It's produced by fracturing the rock and extracting the oil. Pros and cons.
Reserve Primary Fund: Money Market Run
The Reserve Primary Fund
IT Outsourcing: Causes, and How to Reduce It
Information Technology (IT) outsourcing takes high-paying jobs from American workers. Causes and 3 ways to reduce it.
Diversified Investment: Definition and How It Works
A diversified investment is a mixture of stocks, bonds and commodities that provide the highest possible return for the lowest risk over time.
- By Category
An index of categories in the
Top Ten Financial News Stories of the Decade
A top ten list of the most important financial news stories of the past decade.
Demand Pull Inflation: Definition, Causes, Examples
Demand-pull inflation is when the demand for a good or service is greater than supply, allowing producers to raise prices. Causes, examples.
Relationship Between Treasury Notes and Mortgage Rates
Mortgages rates follow the U.S. Treasury yields, which fell to a record low. Why that make now a great time to get a mortgage.
What Is a REIT: Pros, Cons, Effect on Economy
REITs are Real Estate Investment Trusts, and they allow the average investor to profit from commercial real estate.
How Does the Fed Raise or Lower Interest Rates?
The Fed raises or lowers interest rates through its FOMC meetings. It sets a target for banks to use for the Fed funds rate. Here are the Fed tools.
Tiger Woods Affair Scandal Economic Impact
Tiger Woods affair cost his sponsor corporations $12 billion. Find out the details of the economic impact of the Tiger Woods scandal.
End the Fed or Audit It?
Rand Paul says to audit the Fed, while his father Ron Paul wants to simply end it. Here's the arguments for both.
Stimulus Money for Small Businesses
Learn how the Economic Stimulus Package benefited small businesses.
When Will Interest Rates Go Up
Interest rates could rise in September. How that affects CD, credit card, and car loans. What happens to mortgage and student loan rates.
How Health Care Reform Reduces Fraud
Healthcare fraud costs the patients, taxpayers and the the healthcare industry, billions. Find out how it can be reduced by healthcare reform.
Tax Freedom Day: Definition, Calculation
Tax freedom day calculates how many days you work to pay off government spending. It arrives on April 24 in 2016.
Consumer Spending: Definition and Determinants
Consumer spending is the private consumption of goods and services. 5 determinants. How it's measured. Why it's important.
Hedge: Definition, How It Works, Example
A hedge is an investment that protects you from risk, whether it's a stock market crash, a dollar collapse, or hyperinflation.
What Is the S&P 500 and What Does It Say About Stocks?
The S&P 500 is an index that tracks widely-held stocks on the NYSE. This page covers how it works, its history, and how it compares to other indices.
The Dust Bowl: Definition, Causes, When, Where, Effect
What was the Dust Bowl of the Great Depression, why did the Dust Bowl happen, and could the Dust Bowl happen again?
AIG Bailout: Cost, Timeline, Bonuses, Causes, Effects
Understand what led to AIG's near-bankruptcy, why the bailout was necessary, and whyAIG bankers received bonuses.
Treasury Inflation Protected Securities Definition
Treasury Inflation Protected Securities (TIPS) protect you from inflation. Here's what you need to know before you invest.
2010 GDP Statistics: Growth and Updates by Quarter
In 2010, GDP continued improving -- although very slowly. Find out 2010 GDP by quarter and 2010 GDP growth rates by quarter plus all revisions.
Capital Gains Tax: Definition, Rates and Impact
The capital gains tax is a fee paid on the profit made from selling something you own. Current and historical rates. Impact on the economy.
Imports: Definition, Examples, Effect on Economy
Imports are goods and services that are produced in a foreign country and bought by a country's residents.
What Is a Central Bank: Definition, Function and Role
A central bank is an semi-independent government authority that conducts monetary policy, regulates banks, and provide financial services.
How Outsourcing Jobs Affects the US Economy
Outsourcing jobs is when U.S. companies hire lower-paid workers overseas instead of Americans. Here are the types, countries, causes and impacts.
Commercial Real Estate Lending: Effect on Economy
Commercial real estate supplies shopping centers, offices, hotels and apartments. It's returning after nearly imploding in 2008.
Fannie Mae vs. Freddie Mac: Similarities, Differences
Fannie Mae and Freddie Mac were critical in making housing affordable. Here are their similarities and their differences.
Facts About NAFTA: Statistics and Accomplishments
NAFTA (the North American Free Trade Agreement) is the world's largest. It expands trade between the United States, Canada, and Mexico. How it works.
Recession vs Depression: Definition, Difference
A recession is economic contraction that lasts at least six months, while a depression is longer and more severe. Here are signals and stats.
US Productivity: Definition, Formula, Trends
Productivity is how much an economy produces for each unit of labor or capital. Here's why U.S. productivity is rising, but wages aren't.
Green Monday: What Is It, Date, Deals, Sales Trends
Green Monday is the second Monday in December. It's traditionally the last day to be sure you get it by Christmas. Here's where to find sales.
Fed Funds: Definition, How Funds Market Works
Fed funds are overnight loans that banks make to each other to meet reserve requirements. How the Fed funds market works, why it shrank.
GATT: Definition, Purpose, History, Pros, Cons
GATT is the first global free trade agreement. In effect from 1948 until 1995, became the WTO. Purpose, history, pros and cons.
Where Are We in the Current Business Cycle?
Where are we in the current business cycle? We are still in an extended expansion phase. How to protect your investments.
Financial Account: Definition and How It Works
The financial account is changes in ownership of international assets. It's an important part of the country's balance of payments.
Fed Funds Rate History: Chart With Major Events
In recent history, the Fed funds rate has ranged from 0% to 20%. Here's highs, lows, and a historical chart with major economic events.
Leverage: Investing, Business and Economy
Leverage is using debt to gain greater profit. This increases risk. Here's more on financial leverage, operating leverage and consumer leverage.
Expansionary Monetary Policy: Definition, Purpose,Tools
Expansionary monetary policy is when a central bank increases the money supply to stimulate the economy. Here are its effects with examples.
Monetarism: Definition, How It Works
Monetarism is an economic theory that says the money supply drives economic growth in the short run, and prices in the long run. How it works.
Omnibus Budget Reconciliation Act
The Omnibus Budget Reconciliation Act refers to six different laws, including COBRA, Gramm-Rudman and both Bush Sr's and Clinton's first budgets.
Obama vs Romney: On the Economy
Compare the facts between President Obama and Governor Romney on budget spending, taxes, the Federal Reserve, trade and regulations.
Black Thursday 1929: A History Lesson
Black Thursday was October 24, 1929. It was the first day of the stock market crash that started the Great Depression.
Law of Demand: Definition, Explained, Examples
The law of demand says, all else being equal, the quantity demanded falls as prices rise. Explained using demand curve, shift, business cycle.
Strength and Power of the US Dollar
The power of the US dollar means there's little danger of a collapse. It's the world's currency and it's backed by the U.S. government.
Pension Benefit Guaranty Corporation: Definition
Pension Benefit Guaranty Corporation (PBGC) guarantees pensions when companies can no longer support them.
What Is Black Friday: Sales Statistics and Trends
Black Friday (November 25, 2016) is the most critical shopping day of the year. Here's why sales in stores are falling.
What Is Demand: Definition, Explanation, Effect
Demand in economics is the quantity of goods and services bought at various prices during a period of time. Explanation of law, determinants, curve.
verywell. US Economy.
GDP by Year
Find out GDP for each quarter and year from 2006 through the current quarter. What happened to GDP for each quarter, and why?
Recessions and Depressions
When GDP contracts, and the economy stops growing. All about recessions and depressions.
Find out the economic impacts of natural disasters such as hurricanes, earthquakes, tornadoes and floods.
Sectors of the Economy
Find out more about driving sectors of the economy, such as housing, retail, and manufacturing.
Oil and Gas
The U.S. oil and gas industry adds $1.2 trillion to America's economy. Here's how this important component supply works.
Reaganomics: Did It Work? Would It Today?
Reaganomics promised to slash government spending and taxes to end stagflation and the 1980 recession. It worked, but at a cost.
Financial Crisis Explained
The financial crisis explained from the banking crisis of 2007, financial crisis, bailouts, and recession of 2008 and the economic stimulus of 2009.
Federal Tax Policy
US Federal income tax policies, including EGTRRA, JGTRRA, the federal tax rebate, income taxes and tax policy issues.
Obamacare (The Affordable Care Act)
Obamacare is the Affordable Care Act. Here's how it affects the economy, and how you can get all the benefits you deserve.
Federal Reserve System: 4 Functions, How It Works
The Federal Reserve System is America's central bank. It uses monetary policy to prevents inflation and reduce unemployment. How it works.
Federal Reserve Discount Window: How It Works
The Fed discount window allows member banks to borrow money overnight to meet their reserve requirements. Here's why only desperate banks use it.
When Will the Fed Raise Rates?
The FOMC may raise rates in September 2016. The hidden danger of low interest rates. How higher rates will affect you.
U.S. Government Federal Budget Summary and Highlights
Highlights of the U.S. Federal Budgets for each year from FY 2006 to the present. Summaries of tax revenue and spending, with explanations of Mandatory spending, including the Social Security and Medicare crises, and Discretionary spending, including Defense spending.
U.S. National Debt
A description of the U.S. national debt, the difference between the U.S. national debt and Federal budget deficit, how they impact each other and how they affect the economy.
Henry Paulson Bio, Effect on U.S. Economy
US Treasury Secretary Henry Paulson became a leader in the world economy. Here's why he played a critical role in preventing a global depression.
The Big Squeeze Book Review - The Rise of Income Inequality
The Big Squeeze by Steven Greenhouse explains why the U.S. worker is working harder but earning less.
Fiscal Cliff 2012: Timeline, Cause
In 2012, the fiscal cliff slowed growth.Washington couldn't agree on whether tax hikes or spending cuts were the best ways to reduce the debt.
Causes of Unemployment: 7 Main Reasons
Unemployment is caused when someone is laid off, fired, or quits, and is still looking for a job. Here are the 7 main reasons for unemployment.
Profiles of the economies of the countries in Asia.
Profiles of the economies of the countries in Europe.
Middle East Economy
Profiles of the economies of the countries in the Middle East.
Latin America Countries Economy
The economy of many countries in Latin America are doing very well. Brazil, Chile and Peru have learned from the past and are taking advantage of their natural resources to grow strongly. Other countries, like Mexico, are important to the U.S. economy because we are so intertwined.
Congressional Budget Office: Definition, What It Does
The Congressional Budget Office (CBO) is a non-partisan agency that analyzes the budget and the economic impact of bills for Congress.
Beige Book: Definition of Federal Reserve Report
The Beige Book is the Federal Reserve's report of the U.S. economy. It is used to set monetary policy at the FOMC meetings.
Joint Economic Committee: Definition, How It Works
The Joint Economic Committee advises Congress on economic issues. It holds hearings and writes reports on important topics.
Barney Frank: Biography and Economic Impact
A profile of former Congressman Barney Frank and why he is important to the U.S. economy.
US Fiscal Cliff 2013: Details of Bill
A bill to avert the fiscal cliff was approved by Congess on January 1, 2013. Find out what was in the bill and how it affected you.
FTAA: Agreement, Member, Pros, Cons, Why It Failed
FTAA is a trade agreement between the US and Latin America that never happened. Here's its purpose, history, pros and cons.