Big Change Yields Small Change As Zimbabweans Turn In Their Trillions
The country's massively hyperinflated currency will be phased out beginning next week at a rate of $5 U.S. for every 175 quadrillion Zimbabwean dollars.
ECONOMY
For Sale: Detroit Land Bank Seeks Buyers For Vacant Houses
The city is desperately trying to repopulate tens of thousands of abandoned homes, auctioning them off online for as low as $1,000. But the cost of repairs often exceeds the value of the homes.
How An Economist Helped Patients Find The Right Kidney Donors
If you've got a life-threatening medical condition, your first call might not be to an economist. But Alvin Roth used a theory about matching markets to help connect kidney patients and donors.
In Atlantic City, A Silver Lining For Casinos Left Standing
Four of 12 casinos in Atlantic City closed last year, but the first quarter of 2015 brought good news to those remaining. The local economy is still reeling, but less competition means higher profits.
This Summer, The Cafeteria Comes To The Kids
Twenty-one million kids eat free and reduced-price meals throughout the school year, but getting them fed during the summer is a challenge.
Drop In Demand Leads To Layoffs In Russia's Auto Market
Russia's economy is going through a slump brought on by low oil prices and Western sanctions. But if the country's auto market is any measure, the economy faces a long and difficult road ahead.
Here's How Inflation Has Eroded American Workers' Overtime Eligibility
The Obama administration might soon make millions of workers newly eligible for overtime, but experts disagree over how the new rules should look.
Texas Cattle Ranchers Whipsawed Between Drought And Deluge
Years of drought have taken a toll on agriculture, particularly cattle ranching. Now instead of too little water, there's too much. But the rains may revive pastures and allow rebuilding of herds.
Teens Hoping For More Jobs, Higher Wages This Summer
Younger workers are likely to find more job opportunities and better wages. But still, it's tough out there. The May unemployment rate for teens was 17.9 percent, about triple the national average.
Detroit Hopes To Drive Tech Startups Away From Silicon Valley
It doesn't have a lot of high-tech companies, but the city is interested in attracting young tech entrepreneurs. Detroit's rents are far more affordable, but then there are the brutally cold winters.