Let’s air out the misconceptions about inflation

Inflation and tales of its constant rise have been part of the economic reality for a while, long enough for there to be plenty of misunderstandings about what the term and concept actually mean. To help clear some of that up, we spoke to Robert Rich, director of the Center for Inflation Research and a senior economic and policy adviser at the Federal Reserve Bank of Cleveland. We check in on the state of China’s GDP. Twitter has adopted the fabled “poison pill” strategy to fend of Elon Musk’s bid to buy the company.