About the author: J.W. Mason is a professor of economics at John Jay College and the City University of New York, and a fellow at the Roosevelt Institute. A lingering puzzle about inflation is why ...

Inflation has a major impact on your finances. Learn more about how inflation works, and how to protect your finances.

Do New Jersey residents need to earn six-figures to be considered middle class? Here's the latest data as consumers face ...

One explanation is the rise in federal aid transfers ... Since 2001, the US has experienced cumulative inflation of around 80%, according to data from the US Bureau of Labor Statistics.

However, understanding why the media’s stagflation panic is incorrect is because they are using the wrong definition.