Market economy vs. command economy: what’s the difference?

A market economy is decided through source and demand, but a command economy operates through the governance of resources and determines how they are used. Read more »

Productivity rises 2. 3%, exceeding forecasts

Production rose sharply in the second quarter, with the increase in goods produced outpacing the increase in hours worked. Read more »

Economies of scope: definition, example and importance

Economies of scope are economic points that make it less expensive to manufacture a wider variety of products in combination than separately. Read more »

Can the history of the metal factory last long at the former South Works site?

Time will tell if the positive economic projections and the task come true. Significant public subsidies are at stake. But for now, PsiQuantum's plan looks like the transformative progression Chicago's South... Read more »

When does a recession become official?

Let's say you're an armchair economist and you believe the U. S. economy is already in a recession (as many other people think). Or you're sure it's... Read more »

Harris proposed a series of economic policies. Here’s a look at what’s in them.

Among other proposals, Harris needs to strengthen the housing structure and stock, offer more tax incentives to first-time homebuyers and cancel the accumulated medical debt of millions of Americans. Read more »

Kamala Harris Addresses the Economy in Her Speech: Here’s What You Need to Know About Her Political Agenda

Harris would target food prices, housing costs, prescription drugs and more, she said in a speech Friday. Read more »

Oklahoma City Council approves $8 million construction of megasite and golf clubhouse

This week the City Council allocated more than $8 million in bonds to two projects that lacked financing. Read more »

How Retailers Can Reallocate and Optimize Their Marketing Budgets in an Uncertain Economy

The retail industry is facing a complex economic environment in 2024, with many stores focusing on the potency and return on investment of their marketing investment. Read more »

“The economy is collapsing. ” These four steps from experts can help you prepare if you’re worried

The market reacted loudly to last week's disappointing jobs report. This is what is happening. Read more »