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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

Garth Brooks has decided it’s someone else’s turn to win the Entertainer of the Year award from the Country Music Association Awards.The announcement came during a Facebook Live on Brooks’ page during a remote press conference.Brooks has won the award seven times."It's time for somebody else to hold the award and know what entertainer of the year feels like," he said.He said after last year’s CMA ceremony, there was one tweet that really stuck with him."It said, 'Why doesn't he step down and have entertainer of the year be for the next generation’. I 100 percent agreed," Brooks said.Brooks talked to the association about creating some sort of entertainer of the year emeritus.However, the Country Music Association said they were unable to control who is nominated for which category. “It’s not our call, we can’t pull you out of an award” they reportedly told Brooks.“We are going to do it ourselves. We are going to pull out from the entertainer of the year,” Brooks announced.Brooks said he is not withdrawing from other categories or award shows, "I'm very competitive, the awards mean the world to me" Brooks said. "With Entertainer, we've been lucky enough to walk home with that several times, and it's someone else's time."The nominations are expected to be announced in the next few weeks. 1314

Health officials nationwide – and in the Kansas City metro – are warning about heart condition in recovering COVID-19 patients that could have more of an effect on athletes.Myocarditis, which inflames the heart muscle, is being called the "breaking news" of coronavirus."[Myocarditis] can lead to a thinning and distension of the heart and a lack of function in the heart," said Dr. Steve Stites, chief medical officer at the University of Kansas Health System, "And even to heart failure and the need for a heart transplant and bad heart rhythms that can lead to death."The condition could be exacerbated by the type of exercise athletes are used to."In college athletics, we don't know the outcome of myocarditis," Stites said. "We don't know that a high impact sport could worsen the damage to the heart. We don't know what high-intensity exercise might be doing to a heart that's already slightly inflamed. All of those are leading to questions about the safety of returning to high-performance sports."The hospital and health professionals around the U.S. are screening athletes to better understand how myocarditis affects the organs."Our fear is that we could be missing a lot of diseases that we can't see and we can't test for," Stites said, "and that can include very small blood vessel clots inside the heart that lead to more heart damage."Doctors at KU plan to make an assessment of how this will affect college and high school sports in the coming weeks.A study in Germany that looked at 100 patients recovering from COVID-19 found that 60% of them had myocarditis independent of preexisting conditions.Doctors at KU said the condition hasn't been studied as much in the U.SThis story was originally reported by Sarah Plake at KSHB. 1754

Harvey Weinstein is facing new allegations of sex trafficking and rape.A German actress, using the pseudonym Emma Loman, filed a federal lawsuit in Los Angeles on Monday, alleging that Weinstein raped her during the Cannes Film Festival in 2006. She is suing Weinstein for violation of human trafficking laws, assault, battery and false imprisonment, according to court documents obtained by CNN."Our client brings her claims in an effort to achieve justice for herself, and she hopes that by doing so she can help open the door to justice for the women in her industry who have undergone similar experiences," John G. Balestriere, the attorney handling Loman's claim, said in a statement to CNN. "Mr. Weinstein must answer these allegations and be held accountable for any damage he has caused our client."Phyllis Kupferstein, an attorney representing Weinstein, told CNN in a statement, "This lawsuit is an attempt to continue the legal barrage and public attention on Mr. Weinstein. The allegations are untrue and the claims are barred by the statute of limitations. We intend to immediately move to dismiss the complaint."According to the suit, Loman said she met with Weinstein at his hotel suite in Cannes, France to discuss starring in an upcoming film project he was producing, but he soon started making sexual advances towards her."Upon arriving at Weinstein's suite, however, Weinstein quickly dropped his professional demeanor," the suit states. "He instead overpowered Loman and raped her. Shocked and betrayed, Loman did not know what to do. Furthering Loman's disorientation, Weinstein proceeded to treat the rape like a standard component of their business, as if the professional discussion he offered Loman had actually taken place."Related: Harvey Weinstein seeks dismissal of indictment due to emails between him and accuserLoman also claims that Weinstein threatened her not to speak of the assault.This is the second sex trafficking case filed against Weinstein.Last week, a federal judge in New York ruled that British actress Kadian Noble can move forward with her sex trafficking lawsuit against the disgraced media mogul.Noble accuses Weinstein of sexually assaulting her in a hotel bathroom in Cannes, France in 2014 after luring her with talk of a potential movie role.Noble filed suit in November against Harvey Weinstein and his brother and then-business partner Bob Weinstein.US District Court Judge Robert W. Sweet granted Bob Weinstein's motion for dismissal but denied one from Harvey Weinstein.The judge wrote it would be the first instance in which a plaintiff asked for the Trafficking Victims Protections Act to be applied to conduct like that alleged in the lawsuit.Weinstein's lawyer said the act should not be applied."A typical sex trafficking case is someone who lures underage girls on the promise of a green card and locking them up in a basement and forcing them to have sex for money," Kupferstein said in a statement at the time.Weinstein, who also is facing criminal charges in New York, has denied all allegations of "non-consensual sexual activity."Weinstein has pleaded not guilty to six felony sex crimes -- two counts of predatory sexual assault, two counts of rape, one first-degree criminal sex act charge and one criminal sex act.Related: Sex trafficking lawsuit against Harvey Weinstein can proceed, judge rulesThe charges stem from allegations from three women, according to court documents. Weinstein remains free after posting million cash bail.The charges against Weinstein came nine months after The New Yorker and The New York Times published accounts from several women accusing him of various forms of sexual misconduct.In a recent interview with CNN, Ben Brafman, Weinstein's New York criminal attorney, said it would be "difficult but not impossible" to seat an impartial jury should Weinstein's case move forward to trial."I hope to find 12 people in Manhattan who may have heard a lot of the allegations against Mr. Weinstein but will give the court their sworn assurances that they will decide this case based on the evidence that comes into the courtroom and not on what they made have read, or what they may have heard," Brafman said. "I think part of what we're trying to suggest in these motions to dismiss is that contrary to what people may have read and may have heard, there is another side here."CNN's Cheri Mossburg and Judy Oehling contribute to this report.The-CNN-Wire 4463

HAWTHORNE, Calif. (AP) — Billionaire Elon Musk says he's almost completed a tunnel under a Los Angeles suburb to test a novel transportation system that would scoot commuters underground on electric sleds called skates.Musk tweeted Thursday that, pending regulatory approvals, free rides will be offered to the public in a few months. He also posted an Instagram video of the interior of the tunnel.Last year, the Hawthorne City Council approved an approximately 2-mile (3.2-kilometer) test tunnel from Musk's SpaceX rocket plant to a point east of Los Angeles International Airport.RELATED: Elon Musk releases plan for tunnel system under Los AngelesMusk has described a system in which vehicles would descend via elevators into tunnels and move on electrically powered platforms called skates. He envisions multiple levels of tunnels to escape congestion that plagues surface traffic systems."As mentioned in prior posts, once fully operational (demo system rides will be free), the system will always give priority to pods for pedestrians & cyclists for less than the cost of a bus ticket," Musk tweeted.Musk's tunneling operation, called The Boring Co., is currently seeking approval to push into the city of Los Angeles, which requires separate authorization. So far, a committee of the City Council has agreed that the project should be exempt from environmental review.RELATED: What happened to the Tesla that Elon Musk shot into space?Musk suddenly added tunneling ideas to his SpaceX rocketry and Tesla electric car endeavors more than a year ago.A few weeks after tweeting "Traffic is driving me nuts" and "am going to build a tunnel boring machine and just start digging," he said in January 2017 that tunnel was about to get underway. He acquired a tunnel-boring machine that had been used in a San Francisco Bay Area project and put it down a shaft in a parking lot at the SpaceX facility in Hawthorne.He has also tweeted about a vision for a tunnel that would stretch along the Interstate 405 corridor from LAX to U.S. Highway 101 in the San Fernando Valley, a span of about 17 miles (27 kilometers). It's among the most notorious examples of what Musk has called "soul-destroying" Los Angeles traffic. 2238