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From housing to food to health care, everything is getting more expensive while wages stay mostly stagnant. It’s part of a phenomenon called inflation and it has a direct impact on each of us.As the old cliché goes, ‘a dollar doesn’t get you what it used to.’ That saying helps explain the role inflation plays in the economy.Inflation happens when general prices go up, relative to supply. It causes a noticeable and continuous decline in buying power.It’s easy to confuse inflation with general market forces. Like, when kale prices go up because of fad-driven demand or when sweater prices increase just before winter.A small amount of inflation is supposed to help the economy by encouraging spending and investment. But too much of it could send the economy into a spiral. For that reason, the Federal Reserve takes different actions meant to keep inflation rates in check.Inflation isn’t an obscure technical financial term found in college textbooks. It directly affects everyone who participates in the economy.Let’s say a person decided to save in 1970 for use 50 years in the future. Back then, then money could buy about 17 dozen eggs, 28 gallons of gas, or one pair of Wrangler Jeans.But in 2020, the saved money doesn’t go as far.According to the Bureau of Labor Statistics, in 2020 can buy about seven dozen eggs, four gallons of gas, or a half-pair of Wranglers.Inflation gets a bad rap. Everyone would like to buy nice things for cheap. But economists say that’s just not how it works. When prices fall, in general, incomes also have to fall.Think of it as a cycle: a consumer buys from a business. If prices are lower, the business makes less money. That means wages have to drop, giving workers less money to spend as consumers. 1762

HALF MOON BAY, Calif. (AP) — A commercial pilot from Oregon raised a giant pumpkin weighing 2,170 pounds (984 kilograms) to win a pumpkin-weighing contest in Northern California.Steve Daletas, of Pleasant Hill, Oregon, on Monday credited a good seed and lots of sunny days since he planted it April 15 hoping to win the 45th World Championship Pumpkin Weigh-Off in Half Moon Bay, California.It is the fourth time Daleta takes top honors at the annual pumpkin-weighing contest. He won ,190 for the lumpy pumpkin that will be showcased at Half Moon Bay Art & Pumpkin Festival this weekend.He says he used a backhoe to place it on a pickup truck and drove it for 12 hours to California.The world record for largest pumpkin was set in a 2014 weigh-off in Germany by Swiss farmer Beni Meier who grew a 2,323-pound (1,053 kilograms) pumpkin. 850

HAMILTON, Ohio -- Pharmacist's Mate 2nd Class Thomas Jesse Murphy was killed in action in 1943 during World War II. It took 75 years for his remains to be returned home.Murphy was just 22 when he was killed during the Battle of Tarawa in the Pacific theater, according to his obituary. Due to the large number of casualties, Murphy and many others were buried in hasty mass graves and not accounted for.His remains were finally identified last October. Murphy's niece, Chantel Oliver, remembers the phone call."Are these people for real? How do you know this is not fake? How do you know this is really happening? Then when I saw the Navy in my sister's living room, I realized this was happening," she said.A procession carried Murphy's remains from Cincinnati/Northern Kentucky International Airport to nearby Hamilton on Friday. "It's about Uncle Tommy," Oliver said. "Giving him his due."Murphy is being buried in a Hamilton cemetery, next to his family members."We have closure now that we have his remains brought back and laid to rest next to my grandfather," Oliver said.Barbara Holland with the group Honor and Remember knows what it's like to wait. Her Uncle Bobby was also killed in action 73 years ago, and still hasn't been returned home. The group was out to help give Murphy a hero's welcome home."We honor the family members who have lost someone," Holland said. "We want to make sure they're remembered." 1449

Heather Locklear was taken to jail after deputies responded to her home Sunday night on a report of domestic violence, and she allegedly attacked a responding police officer.TMZ reports Locklear?became combative toward the officer at her home in Thousand Oaks, California. She was arrested on three counts of misdemeanor battery for the attack.Locklear, known for her roles in "Franklin and Bash," "Melrose Place" and several other TV shows and films, is 56 years old.In years past, she has been arrested on DUI charges. She's had struggles with drug abuse, TMZ says.It is not clear who was in her home when the domestic violence call was made to police. Locklear was expected to post bail, TMZ says.In September 2017, Locklear was hospitalized after being in a crash in Thousand Oaks. 818

HONOLULU (AP) -- A 20-year-old woman was arrested for violating Hawaii's quarantine after investigators saw videos of her dancing in a store and dining out.Hawaii officials say Anne Salamanca arrived in Honolulu on July 6 and a few days later was found violating the quarantine.The state mandated a 14-day quarantine on arriving travelers to curb the spread of the coronavirus.KITV reports she's a "social media influencer" who arrived from Manila. The news station reports she apologized on social media and claimed law enforcement told her she could go out if she tested negative.Attorney General Clare Connors says investigators wouldn't say that. 658