Reviewed by Michael J Boyle Fact checked by Michael Rosenston Goods and services can be either elastic or inelastic. Elastic means the product is more sensitive to price changes, such as luxury goods ...

Learn how advertising elasticity of demand (AED) measures the impact of ad spending on sales. Discover how AED can guide effective marketing strategies.

Discover how common-pool resources, like forests and fisheries, are shared goods prone to overuse. Learn their economic impact and strategies to manage the 'tragedy of the commons.' ...

Ian King says that memory chips used to be boring. But market forces have turned them into a vital and scarce resource that ...

Coty, Inc., the global beauty company, is going through a transformation. The supply chain transformation is a key part of ...

The Jake and Spike Show, weekdays from 12 p.m. - 3 p.m. An article in Reason Magazine asserted that rents fell and listings increased when Argentina ended rent control. People felt more comfortable ...

The spark came from CoreWeave, the AI cloud infrastructure firm whose third-quarter results missed expectations. Government reopening also left investors with questions about economic data. After the ...

Payroll job growth has slowed significantly in the past year. Slower job growth is typically associated with rising unemployment, yet the unemployment rate has barely budged, edging up from 4.2% in ...

How much power is enough for AI? Nobody knows, not even OpenAI CEO Sam Altman or Microsoft CEO Satya Nadella. That has put software-first businesses like OpenAI and Microsoft in a bind. Much of the ...

The leader of Honeywell International Inc.’s aerospace group says the $15 billion operation is still wrestling with problems in its supply chain even as it’s been steadily ramping production. “The ...

The refrigerant shortage issue has made the Summer of 2025 a tough one for distributors. A summer they will not forget. This is the second time in the last five years that distributors have been put ...

JP Morgan Chase & Co. (NYSE:JPM) shares are trading higher on Monday. The company introduced a $1.5 trillion 10-year Security and Resiliency Initiative. Under this program, the bank will make direct ...