While the country is renowned for its high-quality Arabica Bourbon beans, both cost and culture have kept Rwandans from imbibing one of their top cash crops. The government wants to that to change.
As farm income plummets, more producers are taking on outside jobs and borrowing from banks just to get by. But economists say the U.S. isn't yet repeating the farm crisis of the 1970s and '80s.
But this year's assessment from the Council of Economic Advisers also notes that slow growth in countries such as China has limited demand for U.S. exports.
The U.S. economy turned up encouraging signs for most Americans. Workers can now find more jobs, and drive to them using cheaper gas. And retirement accounts are getting a boost from rising stocks.
Venezuela's economic model has imploded. With food production, import and distribution now controlled by the government, shelves are bare. A day's hunt for groceries in Caracas can prove futile.
Faced with a slowing economy, China's central bank has cut its benchmark rate for deposits and loans by 0.25. It's the sixth time the bank has sliced rates since last November.
Federal Reserve policymakers said Wednesday they will continue to tamp down interest rates. The last time they raised interest rates was June 2006. They set no specific deadline for raising rates.
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.
New charities pop up all the time. But how do you know which ones work? Economists have come up with a strategy to figure it out. They've used it to tackle one of the biggest problems in the world.
The Department of Labor has crafted a proposed rule to better protect Americans saving for retirement. But questions are already being raised about how effective the new rule will be.
The financial "screens" went dark for several hours during trading in London and Asia causing, among other disruptions, a delay in a British government debt issue.
Financial advisers advocate using cash whenever possible. New technologies make it easier to do just the opposite. Still, a recent study shows more millennials are turning away from plastic.
Chanel says it is aligning the cost of its handbags worldwide. The move reacts to the depreciating euro and aims to stop people from buying up the classic bags to sell at a profit in other countries.
