Economy

Gas price falls overwhelm price increases elsewhere.

But what are semiconductors? How do they impact our everyday lives? National security? The supply chain? Why did President Joe Biden just sign a bill to increase their domestic production?

If Batgirl was already basically finished, why lose $90 million by not releasing it? Welcome to the weird world of Hollywood finances.

The Bureau of Labor Statistics reported that employers added 528,000 new jobs in July, more than twice what economists had forecast.

Why are the White House, cable news, economists and financial journalists obsessing over the definition of a recession?

Shrinkflation occurs when a manufacturer reduces the amount of a product in a single unit, whether it’s fewer squares on a toilet paper roll or less pumpkin in a can, but not the price of the product.

The Commerce Department reported Thursday morning that gross domestic product, an economic measure of how much the U.S. economy is growing, has declined for two straight quarters.

Grid found a net increase of nearly $13,000 in the cost of a new vehicle. Where does that extra cost come from?

Across the economy, we can see a slowdown and the possibility that many of the trends that defined the post-covid-shutdown experience — massive job growth and employer demand for labor, a booming housing market, white-hot inflation — have perhaps peaked or at least have slowed down. It’s not the end of the opening-up economy but may be the beginning of the end.

In the housing marking this past year, mortgage rates have jumped from just under 3 percent a year ago to 5.5 percent after peaking at 5.8 percent, the highest level they’ve reached since 2008.