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2 mins read
A record 8.5 million Chinese borrowers are now blacklisted for not paying their debts, a report says. They're feeling the same financial pressures as Americans.
Chinese consumers are defaulting on their credit cards, mortgages, and other debts in droves. Ameri…
Theron Mohamed
13 mins read
The strange, twisted logic behind the sky-high cost of college
You got an expensive college degree to get a good job. But what if your good job is what made your …
James S. Murphy
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
The Fed can pivot when these 5 key conditions are met as inflation pressure sets a high bar for cutting rates, economist says
Increased inflationary momentum sets a high bar for the Fed to conclude its tightening campaign and…
Brian Evans
2 mins read
Tesla rival Lucid says it may need to raise prices on future EV models amid supply chain, inflation pressure
Lucid is looking at raising prices on future models, CEO Peter Rawlinson told Reuters at SWSX
Gabrielle Bienasz
51 mins read
At Rosemead High, generations of students were harassed or groomed for sex as they tried to get an education
Unraveling 40 years of sexual misconduct at a single California high school.
Matt Drange
2 mins read
It's the hardest time in recent history to get a car loan
Car buyers are facing some of the highest interest rates and car payments in history — at a time th…
Alexa St. John
4 mins read
May auto sales rise 10% but still below pre-Covid level with challenges in store
Electric vehicles (EVs) accounted for 8% of total vehicle retail in May, according to data from the…
1 min read
The US and EU lead efforts to heap further pressure on oligarchs by banning exports of luxurious yachts, cars, and alcohol to Russia
The US, jointly with G7 leaders, have imposed export restrictions as they look to further isolate V…
Sam Tabahriti
3 mins read
Car dealers use TikTok to reveal industry secrets and the clever ways sellers get you to spend more on cars
Auto dealers are using TikTok to share car buying tips, vehicle walk-arounds, ways to avoid getting…
Alexa St. John
3 mins read
Tata Motors’ stock at nearly two-month high after selling more cars than Hyundai in December
Tata Motors’ shares are on a high on the first day of trading this year, with its share price risin…
1 min read
The White House has privately discussed sending checks to car drivers dealing with high gas prices
The Washington Post reported that Biden aides floated direct payments to help people with prices at…
Joseph Zeballos-Roig
2 mins read
4 reasons why interest rates higher for longer will keep downward pressure on the stock market, according to JPMorgan
"We believe the systematic risk is rising with every rate hike especially after ~15 years of global…
Matthew Fox
4 mins read
India auto sales seen rising 7-9% in FY24: Passenger & commercial vehicles to drive demand
The Indian auto industry is expected to register a sales volume growth between 7-9% in FY24, buildi…
2 mins read
$20,000 doesn't go nearly as far as it used to for a car
More than 60% of used vehicles were under $20,000 just five years ago. Today, only about 30% of use…
Alexa St. John
3 mins read
I had the most romantic and thoughtful first date with an old high-school friend. It helped me embrace my bisexuality.
She was able to embrace her bisexuality after a lovely date. The romantic night out — which involve…
Tallen Gabriel
2 mins read
Time to buy your new hot wheels? Automakers set to increase prices of vehicles to meet stricter emission norms
Starting from Tata Motors, Maruti Suzuki and Honda to Hero MotoCorp, several automakers have inc…
3 mins read
American Airlines reportedly allows cabin temperatures to reach as high as 90 degrees before it's too hot to board
Record-high temperatures have caused chaos on airlines this year with passengers vomiting, passing …
Taylor Rains
2 mins read
Only one car model sold for under $20,000 in July — but experts say vehicle prices are stabilizing
Car prices might not be dropping dramatically, but experts say they're flatlining.
Alexa St. John
6 mins read
A Denver basic-income program gave people up to $1,000 a month. One dad used it to find housing and support his kids, but without the program he went back to living in his car.
Jarun Laws received $500 monthly payments and $6,500 upfront from the Denver Basic Income Project, …