Bowls of guacamole, salsa, queso, chips, limes, peppers, cilantro.

Guacamole May Cost More—but That’s Ok

It’s a quandary: Restaurant, hotel and other service-sector workers were laid off by the millions during the pandemic lockdown—now those businesses can’t fill their job vacancies, just when Americans are ready to spend money.

$1 bill image of George Washington up to eyeballs in water.

Time to Worry About Inflation?

The Consumer Price Index rose in June ushering in more fears of runaway inflation, but digging into the numbers reveals there’s more to the story.

People in a conference room with the flag of China behind them

Facing Long-Term Challenges, China Slows Its Growth

China’s growth likely will exceed expectations this year, but long-term demographic challenges—like a falling birth rate—have the communist government trying to keep annual economic expansion in the 5-6% range.