Economy

Tickets to see Oasis in 2025 went on sale at the end of August. Very few will have missed the news that the 17 concerts in the UK are sold out.... Read more

Late winter and early spring have been marked by wild weather sweeping large parts of Australia, damaging homes and businesses and causing power outages.... Read more

Severe weather costs the global economy billions of dollars a year, highlighting the costs of climate change and the value of mitigating extreme weather, according to a new analysis of weather and economic data.... Read more

Nearly 1 in 5 people in the world lives in poverty. Even in many developed countries such as the U.S., poverty rates exceed 12%. In an age of breathtaking technological progress and dynamic social change, poverty remains stubbornly persistent.... Read more

The latest consumer inflation report indicates that grocery prices have stabilized, yet the perception of high food costs lingers for many.... Read more

Next time you pick up a package of coffee or a pack of toilet paper, take a closer look. You might notice the package looks familiar, but what is inside has subtly diminished. This is "shrinkflation" in action, a pricing strategy used by manufacturers worldwide. By reducing product size instead... Read more

The US stock market took a tumble early in August 2024 as fears rose of an economic slowdown. Then a few days later calm was restored, reminding us how quickly things can change in the financial world.... Read more

Economist Milton Friedman's influential maxim, that a company's sole obligation is to maximize profits, is outdated. Many companies have voluntarily integrated social concerns into their business operations through corporate social responsibility, or CSR, policies for years.... Read more

Companies with emotionally intelligent managers are not only nicer places to work, but also make more money, new research says.... Read more

It's no secret that the composition of the American economy is changing. As the manufacturing sector continues to decline, the balance is slowly tipping even further away from goods and towards services. In line with this larger trend, many firms have been leaning toward newer business models that give customers... Read more

People love rankings—but do they really mean all that much? Sometimes they do, depending on several factors, according to Wyatt Lee, assistant professor in the Nolan School of Hotel Administration, in the SC Johnson College of Business.... Read more

Conventionally, decision-making is portrayed as a rational process: individuals calculate potential risks and aim to maximize benefits. Yet, our brains do not always endorse rational action, particularly when an immediate response is required. Sometimes, individuals mistakenly choose objectively worse options because of how these options are perceived in a given... Read more

University of Liverpool researchers have published the first-ever peer-reviewed study of workers using foodbanks in the U.K. The study, published in the Journal of Poverty and Social Justice, found that the primary reason for workers turning to emergency and community food support is the poor quality of available employment.... Read more

Sports fans are being bombarded daily with gambling advertising via social media in the United States—and the majority of ads could be in breach of regulations, according to a new study.... Read more

Under new government plans to encourage flexible working arrangements, employees could be given increased powers to request a four-day working week.... Read more