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 ...

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 ...

Discover how deflation increases purchasing power yet risks higher unemployment and debt defaults. Learn its impact on consumers and the broader economy.