Inflation can erode purchasing power. For example, a dollar today cannot buy the same amount of goods and services it could 20 years ago. It will continue to erode purchasing power in the future. Use ...

Inflation, especially over the last few years, has quietly chipped away at the value of money, meaning $1 million no longer ...

Another month, another record-setting leap in prices. Inflation hit a fresh 40-year high in January as a drop in energy costs wasn’t enough to offset a steady march upward for staples such as food, ...