Over the past year and a half, inflation has fallen sharply — from a peak of 9.1% in June 2022 to 3.1% last month, as measured by the consumer price index. Of course, for consumers, many of whom say ...

Inflation happens when prices rise and purchasing power falls, while deflation occurs when prices drop and purchasing power increases. Both can strain an economy if they move too far in either ...

July Fourth saw big crowds, congested highways and full airplanes as tens of millions of Americans celebrated not only the country’s independence but their own liberation from the pandemic. There were ...