The Austrian economics framework shows that subjective valuation is not shown to be arbitrary, but rather purposeful, as ...

New data has revealed which states have to pay the most, and least, for utility bills, showing the significant amount households have to pay to cover the costs. According to the third-party bill ...

Amazon.com Inc. alleges that a Berkshire Hathaway Inc.-owned utility in Oregon is failing to provide sufficient power for four new data center facilities, highlighting the strain rapid expansion of ...

Why do individuals value bread less than gold, when bread seems to be more important in supporting an individual’s life than gold? To provide an answer to this question, economists refer to the law of ...

Tracy J. Wholf is a senior coordinating producer of climate and environmental coverage for CBS News and Stations, based in New York. If you noticed your utility bill has gone up this summer, you're ...

Natural monopolies occur in industries that require large upfront investments and have other barriers to entry. When consumers get their utility bills every month, it’s not always clear why energy ...

Understand the key differences between marginal utility and marginal benefit—how they affect pricing, consumer behavior, and decision making in economics.

When the Trump administration slashed the workforce of the U.S. Department of Health and Human Services, that included the entire staff managing Low Income Home Energy Assistance Program, or LIHEAP.

American Water, the largest regulated water and wastewater utility company in the U.S., announced Tuesday that it was the target of a “cybersecurity incident.” The New Jersey-based utility company ...

Using the best utility knife (also known as a box cutter) is crucial, as they’re one of the most useful and versatile tools you can have around the house. Their short, extremely sharp blades and ...