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The Economy Explained
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WASHINGTON, DC - OCTOBER 06: Activists hit a piñata carrying empty pill bottles during a protest against the price of prescription drug costs in front of the U.S. Department of Health and Human Services (HHS) building on October 06, 2022 in Washington, DC. (Photo by Anna Moneymaker/Getty Images) Anna Moneymaker/Getty Images hide caption

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WASHINGTON, DC - MARCH 07: Federal Reserve Chair Jerome Powell testifies before the Senate Banking Committee March 7, 2023 in Washington, DC. Powell spoke on the state of the U.S. economy and suggested that interest rates will need to stay higher for longer than expected in order to curb inflation. (Photo by Win McNamee/Getty Images) Win McNamee/Getty Images hide caption

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The Fed's new dilemma: Protect banks or fight inflation?

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SANTA CLARA, CALIFORNIA - MARCH 10: A worker (C) tells people that the Silicon Valley Bank (SVB) headquarters is closed on March 10, 2023 in Santa Clara, California. Justin Sullivan/Getty Images hide caption

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Casey Bloys, President of Programming of HBO, speaks onstage at HBO Max WarnerMedia Investor Day Presentation at Warner Bros. Studios on October 29, 2019 in Burbank, California. Presley Ann/Getty Images for WarnerMedia hide caption

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A Canadian Pacific railway locomotive pulls train cars east along a rail line past Morant's Curve near Lake Louise in Banff National Park, Alberta, Canada on November 26, 2021. Photo by PATRICK T. FALLON/AFP via Getty Images PATRICK T. FALLON/AFP via Getty Images hide caption

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A truck loaded with coal at the Karya Citra Nusantara (KCN) Marunda port in Jakarta. Adek Berry/AFP via Getty Images hide caption

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The value of good teeth

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The Belfast to Dublin motorway crosses the border line between Northern Ireland and the Republic of Ireland as viewed from the northern side of the border. Charles McQuillan/Getty Images hide caption

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WASHINGTON, DC - JANUARY 21, 2022: U.S. President Joe Biden puts his arm on Intel CEO Patrick Gelsinger. Gelsinger announced that Intel Corp would invest an initial $20 billion to develop a new semiconductor manufacturing plant in Ohio. (Photo by Chip Somodevilla/Getty Images) Chip Somodevilla/Getty Images hide caption

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Workers assemble mobile phones at an Indian Lava phone manufacturer factory in Noida on August 22, 2019. SAJJAD HUSSAIN/AFP via Getty Images hide caption

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Can India become the next high-tech hub?

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How venture capital built Silicon Valley

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Is price gouging a problem?

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