economics

GDP per capita is a country's gross domestic product divided by its population. Here is how it is calculated, what it shows, and where it falls short.

A tariff is a tax on imported goods. Here is how tariffs work, why governments use them, and the debate over who actually bears the cost.

A central bank sets one short-term rate. From there, the cost of money ripples through loans, savings and the wider economy.

Inflation is not guessed. It is measured by pricing a fixed basket of goods and services and tracking how its cost changes over time.

Streaming has become the music industry's largest revenue source, but the path from a subscription fee to an artist's account is long and shared.