Inflation Lessons From the 1970s

For years, a debate has been simmering in Silicon Valley over the right way to build artificial intelligence. Should it be open and free for anyone to use, or should we tightly control how it’s made and who can access it? Mike Isaac, who covers technology for The New York Times, ...  Show more

This summer, wildfires have been raging across Europe. France and Spain have been hit particularly badly, with hundreds of thousands of acres incinerated and entire communities devastated. Chico Harlan, the global climate correspondent for The New York Times, and Mark Landler, th ...  Show more

Inflation has hit a 40-year high in the U.S., driving up the cost of everything from groceries to housing. As the Fed prepares to raise interest rates, here’s what to watch out for.

Read more:

In December, inflation hit a staggering 7 percent. ...

There remains a lot of anxiety over whether inflation in the US will gather steam all over again. Part of this worry stems from the fact that there were multiple bouts of inflation in the 1970s, which was the last time the US had a serious inflation problem. So to understand whet ...  Show more

If it seems like everyday items from gasoline to groceries are costing more these days, it’s because they are. A government report released last week showed consumer price inflation reaching levels not seen in 30 years. We dig into what’s causing the spike and how long we can exp ...  Show more

For over a decade, America’s central bank has had an inflation target of 2%. On Wednesday, the Federal Reserve announced that it would keep its main interest rate unchanged in order to try and get inflation to that magic number. But what if the Fed is thinking about inflation all ...  Show more