Specialized search for economics

47+ min ago  (136+ words) Milton Friedman and others tried to explain interest rates using liquidity, economic activity, and inflation expectations. These things, however, only describe interest but do not explain it. Only the Austrian theory of time preference correctly explains interest.Original article: https://mises.org/mises-wire/popular-interest-rate-theory-describes-fails-explain…...

4+ hour, 43+ min ago  (637+ words) The US-Israel war on Iran has sent oil prices surging above normal levels Oil prices pulled back and equities rose on Monday as investors focused on the crucial Strait of Hormuz and the head of the IEA said more crude…...

17+ min ago  (400+ words) A sweeping proposal would gradually raise the city's minimum wage from $17 to $30 an hour by the end of the decade. New York City might soon have the highest minimum wage in the United States, if a newly introduced City Council…...

1+ hour, 34+ min ago  (676+ words) Crypto markets are on edge ahead of the FOMC meeting, as traders await signals from Fed Chair Jerome Powell that could impact liquidity and risk assets like Bitcoin. Bitcoin is approaching major resistance near $75K$76K, and a breakout could signal bullish…...

24+ min ago  (204+ words) Urban unemployment at 3-month low of 6.6% in Feb, signals labor market recovery'The Times of India NEW DELHI: Unemployment rate in urban areas fell to a three-month low of 6.6% in Feb from 7% in the preceding month, signaling a recovery in the…...

7+ hour, 46+ min ago  (271+ words) We are not big fans of having a strategic petroleum reserve." Private markets can and should stockpile reserves." But since we have one, Trump is right to draw down the SPR now at a world price of $80 to $100 a barrel....

7+ hour, 27+ min ago  (815+ words) GUEST SUBMISSION: As we navigate 2026, Canada's commercial real estate market has demonstrated remarkable resilience in the face of economic uncertainty. Here are main findings to explore in JLL's 2026 Canadian Commercial Real Estate Outlook:" The Canadian economy showed its characteristic stability…...

2+ hour, 24+ min ago  (313+ words) Published on 03/16/2026 at 03:10 pm EDT - Modified on 03/16/2026 at 03:18 pm EDT LONDON, March 16 (Reuters) - Argentina is facing a London court claim for nearly 1.6 billion euros ($1.8 billion) from four hedge funds, who previously sued the South American republic over GDP-linked securities and…...

1+ hour, 32+ min ago  (147+ words) US equity indices rebounded on Monday as the S&P 500 gained 1.1%, the Dow rose 1%, and the Nasdaq added 1.2% as markets reassessed the risk of a lasting energy shock. This recovery was primarily driven by news that select tankers successfully navigated…...

19+ min ago  (394+ words) Recently, the average rate for a 30-year fixed mortgage slipped under 6% for the first time in over three years. This drop sparked optimism among potential homebuyers, who hoped that owning a home might finally become more affordable. The housing industry…...