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2 mins read
Don't trust the 'vibecession' as inflation isn't nearly as bad as it feels, Nobel economist Paul Krugman says
Krugman has been trolled for his inflation views in the past, including when he said inflation was …
Jennifer Sor
2 mins read
A collapse in used car prices could help drive inflation below the Fed's 2% target rate
"If we apply -0.20% for used cars, May Core CPI would be 0.09%. That is a 1% inflation rate for cor…
Matthew Fox
1 min read
Used car prices in America are plummeting at the fastest pace since the pandemic - and that may drive June inflation below 3%
Wholesale used car prices fell 4.2% in June, marking the largest monthly drop since the start of th…
Zahra Tayeb
4 mins read
Car prices set to rise in January – Should you buy one in December?
India’s biggest automakers such as Maruti Suzuki and Tata Motors have announced a plan to increase …
3 mins read
The wild attacks on ships in the Red Sea are another geopolitical shock that could drive up inflation
Attacks on ships passing through a vital trading route have reignited fears about higher oil prices…
George Glover
4 mins read
'Sticky' inflation is still high but that is a good sign for the health of the economy
Retail sales in September were higher than expected. While not good for slowing the economy, it is …
Cork Gaines
2 mins read
It's finally a better time to buy a used car
Used car and truck prices have fallen for the last three months, ending a streak of historic price …
Ben Winck,Madison Hoff
3 mins read
3 ways summer travel is getting cheaper despite airline chaos and sky-high inflation
Flights, hotels, and car rental costs all fell through June, offering travelers the first sign of r…
Ben Winck,Madison Hoff
2 mins read
Elon Musk says Tesla can lower its prices 'if inflation calms down' — after increasing prices nearly every month last year
Tesla has hiked the price of its cheapest model by $10,000 over the past year amid supply-chain sna…
Grace Kay
3 mins read
Owning a car has never been more of a money pit
Average monthly car payments have never been higher. And then there's the eye-popping price of gas.…
Jacob Zinkula
2 mins read
Blame inflation if you're still helping your adult kids pay their bills, says 'Shark Tank' investor Kevin O'Leary
Historic levels of inflation has priced many young Americans out of affording basics such as rent, …
Theron Mohamed
4 mins read
China's BYD is the world's biggest electric car maker — but it's not coming to America anytime soon
BYD has overtaken Tesla as the world's top electric car maker. Here's why the Chinese company is un…
George Glover
2 mins read
Electric vehicles are getting more expensive because raw material costs have more than doubled to $8,000, research finds
In March 2020, the raw materials needed to build an electric vehicle cost just $3,381, according to…
Abby Wallace
5 mins read
The economy is fantastic — unless you want a new job, a new home, or a new car
High mortgage rates, expensive auto loans, and a static labor market make it hard for people to mov…
Emily Stewart
2 mins read
The average car payment in the US climbed to a record $712 a month in June as borrowing costs increase
A combination of rising prices and higher interest rates have pushed the average monthly payment ab…
Dominick Reuter
2 mins read
A gas station manager who raised over $20,000 to make up for a mistake that cost him his job says company refuses to accept the money
John Szczecina lost his job after charging $0.69 per gallon for gas, a $20,000 mistake. The company…
Pocharapon Neammanee
2 mins read
Here are 3 trends to watch for in the key August inflation report, according to Goldman Sachs
The Wall Street strategists expect headline inflation to accelerate to 3.58% annually and will be w…
Phil Rosen
3 mins read
'Why would you eat a $10 burger out of a paper bag in your car?' Applebee's throws shade at fast food chains as it touts deals
The CEO of Applebee's said cash-strapped diners are being lured in by its value deals and are cutti…
Grace Dean
1 min read
Younger Americans are falling behind on credit card and car payments, New York Fed says
"Delinquency tends to decrease with age, and younger generations have delinquency rates slightly hi…
Yuheng Zhan
3 mins read
Inflation ticked up in July, pausing a year of slowing price growth
The Consumer Price Index rose 3.2% year over year in July, faster than the 3.0% year over year in J…