money-life
Why a credit card’s interest charge can change at the same rate
Two billing cycles can end at the same balance before interest and still incur different charges at the same APR. The days each balance was outstanding help explain why.
Economics, in everyday terms.
From the price of a weekly shop to the figures in a company’s accounts, understand what the numbers tell us — and what they leave out.
Read from the journal ↗The publication
money-life
Two billing cycles can end at the same balance before interest and still incur different charges at the same APR. The days each balance was outstanding help explain why.
money-life
When a U.S. bank fails, insurance coverage and access to an account are related but separate questions. The public notices show how the FDIC handles both.
money-life
Two shelf prices can point in opposite directions once you account for the amount inside. Compare the same quantity first, then decide how much you can use.
economy-explained
National output, production per person and household purchasing power describe different parts of economic life.
business-by-numbers
A fictional service firm earns $2,000 in profit as its cash falls by $500. Follow the invoices, costs, equipment purchase and borrowing.
money-life
Adjust a pay figure for price changes over the same period to estimate how its purchasing power moved.
economy-explained
A small example shows why the share of people looking for work matters alongside the number of people working.
money-life
Follow the same $800 for three years to see how the balance grows when each year’s interest stays in the account.
business-by-numbers
A shop can keep more dollars from sales while keeping less from every dollar sold. An income statement shows how both can happen.