Inflation versus deflation? Bull market versus bear market? The economy is confusing enough for the average person without all the jargon. While most Americans just want to know how much a carton of ...

The U.S. Commerce Department reported on July 28 that the nation’s gross domestic product (GDP) fell at an annual rate of 0.9% in the second quarter, marking two consecutive quarters of decline. GDP ...

White House economic officials are taking to the media to give the “technical” definition of a recession ahead of a potential second quarter of negative GDP growth. In a blog posted by the White House ...

The foundation of an economy is built on the four factors of production: land, labor, capital and entrepreneurship. To understand how these factors apply to a business, consider the story of an ...

"When I use a word," Humpty Dumpty said in rather a scornful tone, "it means just what I choose it to mean—neither more nor less." "The question is," said Alice, "whether you can make words mean so ...

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