Low interest rates have cost savers roughly h...

Cecilia Sirianni's small office at Massabesic High School can sometimes get a bit messy. Piles of donated clothes and boxes of snacks fill cabinets and shelves — all for students at the rural district in York County, Maine. For more than a decade, a big part of Sirianni's job has ...  Show more

The U.S. Department of Agriculture says more than 50 million people across the country live in “food deserts” – low-income communities where it can be hard to find healthy food. According to the last census, in 2010, almost 2 million of those people live in the Houston area alone ...  Show more

We're back into earnings season, and, unsurprisingly it's the banks that are attracting most attention - they, are after all, the beneficiaries of the higher interest rates that have come with the Federal Reserve's bid to curb inflation. The first big headline profit result is fr ...  Show more

Canada's inflation numbers have once again come in lower than expected, and are nearing where our central bank wants them. But to get here, the Bank of Canada has kept interest rates high to slow the economy. So was it actually the Bank's rate hikes that brought inflation down? I ...  Show more

The finance minister of Japan, Shunichi Suzuki, warns that the country faces dire finances as debt and inflation continue to rise while the population keeps declining. The government can still borrow cheaply as the central bank keeps interest rates at ultra-low levels. But what d ...  Show more

#recession #money #recession2023 #money  #inflation #deflation #interestrates #dollar #economy 
The mainstream emphasis on Treasury auctions is, like so many of these things, completely misplaced. It's not just misplaced, even the worst Treasury auctions don't actually matt ...