The idea behind the Phillips curve is simple: As employment falls, there’s an increase in demand for workers. Wages will go up since employers need to pay more to attract workers. When wages go ...

Suppose that there is an increase in the demand for gold, perhaps due to a flight to quality or a hedge against inflation. The market price for gold will rise as the demand curve shifts outward.

U.S. natural gas futures retreated on Tuesday as traders booked profits, though the market looked set for its biggest annual ...