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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
HANCOCK COUNTY, Ind. — One family in Indianapolis got a present a little early this holiday season.U.S. Navy Lt. Tawnee Hinton has been in Djibouti, Africa with the Combined Joint Task Force working on counterterrorism operations for the last 14 months.While she was deployed, her four children, Amelia, 5; Leyton, 9; Avarie, 13, and Christian, 21, were only able to talk their mother over FaceTime or texting.“Though the Navy has taken me away from my family on several occasions, and my husband was deployed numerous times before his retirement, this was a particularly lengthy deployment,” Hinton said.One event Hinton didn’t miss this year was her daughter Avarie’s choir concert. Unknown to her children, Hinton was able to come home early and surprise them. 796

Getting messages from "friends" telling you they have received new friend requests from you?Most folks are sending the message out because the message tells them to forward it. The friend request hoax is leading lots of people to post "don't accept friend requests from me" in their news feeds.Remember the account cloning epidemic that happened a long time ago? That's what makes this hoax more believable than usual.The giveaway that it's a hoax? It tells you to forward it to others. The current hoax is just one of many that have fooled Facebook users within the Facebook Messenger application. Simply delete the message — it's false and someone who created it enjoys seeing his work go viral. 731
Hostess issued a voluntary recall of its Cookies ‘n Crème Brownies on Aug. 3 due to a labeling error.The “contains” statement on the brownies does not list “egg” as an allergen. Although the ingredient list on the packaging includes “egg”, the “contains” statement, which is intended to alert consumers of allergens in the products, does not include “egg”. Hostess said in a press release it was recalling the product out of "an abundance of caution."The following products are affected by the recall:No reports of injury or illness have been reported."Only those consumers who have an allergy or severe sensitivity to egg are potentially at risk of an allergic reaction if they consume these products," the press release said. "Anyone who has purchased an affected product and who has a sensitivity or allergy to eggs is encouraged to discard the affected product or return it to the place of purchase for a full refund." 955
Health departments around the U.S. that are using contact tracers to contain coronavirus outbreaks are scrambling to bolster their ranks amid a surge of cases and resistance to cooperation from those infected or exposed. With too few trained contact tracers to handle soaring caseloads, one hard-hit Arizona county is relying on National Guard members to pitch in. In Louisiana, people who have tested positive typically wait more than two days to respond to health officials — giving the disease crucial time to spread. Contact tracing tracks people who test positive and anyone they’ve come in contact with. It was challenging even when stay-at-home orders were in place, but it’s exponentially more difficult now. 724
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