Best columns: Hi inflation, Traveling online
Double-digit inflation is back for the first time since the “bad old days of 1981,” says Irwin Kellner in MarketWatch, so “why are most pundits silent?” Consumers can still find onl
Inflation is a problem
Double-digit inflation is back for the first time since the “bad old days of 1981,” says Irwin Kellner in MarketWatch, so “why are most pundits silent?” For some, maybe it’s because oil prices, seen as behind the recent inflationary spike, are falling; perhaps others think that the slowing economy will stop businesses from raising prices. “Whatever the reasons, those who profess not to be worried that inflation is getting worse are looking at the wrong data, are cockeyed optimists, or are simply keeping their fingers crossed.” Inflation is a problem, and the cause? “Too much money chasing too few goods.” The Federal Reserve needs to tighten supply, but it won’t, so get used to high inflation for a while.
Finding the elusive online travel deal
Subscribe to The Week
Escape your echo chamber. Get the facts behind the news, plus analysis from multiple perspectives.

Sign up for The Week's Free Newsletters
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
Consumers can still find online travel deals, says Sarah Nassauer in The Wall Street Journal, “if they are willing to spend the time looking.” Online travel agencies lost their dominance after they started charging booking fees, and “suppliers”—the airlines and hotels themselves—picked up the slack, accounting for 61 percent of travel purchases last year, from 50 percent in 2003. But the online agencies, such as Expedia and Travelocity, “are regaining some ground by offering aggressive deals.” This is a good opportunity for travelers, but for the best deal, check multiple sites and the supplier itself. Some companies in each camp, such as Orbitz and Delta, even pledge to guarantee the best fare.
Sign up for Today's Best Articles in your inbox
A free daily email with the biggest news stories of the day – and the best features from TheWeek.com
-
Marya E. Gates' 6 favorite books about women filmmakers and directors
Feature The film writer recommends works by Julie Dash, Sofia Coppola, and more
-
Donald Trump's jumbo-sized corruption | May 14 editorial cartoons
Cartoons Wednesday's editorial cartoons feature artificial intelligence, Democratic attempts to reach rural voters, a tariff deal with Xi Jinping, the U.S. economy, tariffs, and habeas corpus.
-
Israel-US 'rift': is Trump losing patience with Netanyahu?
Today's Big Question US president called for an end to Gaza war and negotiated directly with Hamas to return American hostage, amid rumours of strained relations