According to the latest data from the US Mint, each penny costs 3.7 cents to make, including production, administrative, ...

Phasing out the penny could result in needing to make more nickels, and the U.S. Treasury Department loses far more money on ...

The global trend towards extreme wealth and income concentration has dramatically strengthened the economic and political power of those individuals — overwhelmingly male — at the top. In the United ...

This phenomenon, known as an "economic moat," doesn't just keep rivals at bay but also seems to separate successful firms from those that fail. Popularized by legendary investor Warren Buffett ...

Writer Nat Dyer on how David Ricardo's abstract models pushed economics into fantasy — and we all paid the price ...

The Economic Crime Cooperation Division (ECCD) is responsible for the Council of Europe’s cooperation and technical assistance related activities concerning measures against corruption, money ...

The problem of economic development in the Global South remains as important as ever. For centuries thinkers have tried to explain why some countries grow rich while others remain poor, with varied ...

The forecast for 2025 is broadly unchanged from that in the October 2024 World Economic Outlook (WEO), primarily on account of an upward revision in the United States offsetting downward revisions in ...

Prime Minister Christoper Luxon has turned Finance Minister Nicola Willis into a ‘super minister’ by adding the rebranded economic portfolio to her plate and bolstering her ability to implement change ...