by Rosemary Misdary | Apr 2, 2019 | Autos, Durable Goods, Economy
After four consecutive years of record-high vehicle sales, manufacturers will face a slump this year in new vehicle sales. Automakers are off to a rough start this year. January and February sales were down 2.6 percent, the lowest two-month sales since 2009. Sales...
by Karishma Vanjani | Apr 1, 2019 | Autos, Economy, Millennials, Retail Sales
Ruben Rajan, bought his first used car a year before recession and before he enrolled in a private college. Fast-forward to six years later and Rajan graduated with over $80,000 dollars in student debt — and a degree that didn’t even fetch him a well paying job...
by Sharif Paget | Apr 11, 2018 | Autos, Consumer Price Index, Economy, Featured, Jobs, Newest
The Labor Department will release its consumer price index Wednesday, following a lackluster jobs report and the Federal Reserve’s decision to only raise interest rates three times this year. The median economist forecasts show CPI will be unchanged in March, which...
by Sharif Paget | Mar 27, 2018 | Autos, Consumer Price Index, Economy, Newest
Chris Leonardo started driving for ridesharing apps, such as Uber and Lyft, three years ago in San Fernando Valley, CA. Today, he pays almost twice as much to fill up his tank. But the ridesharing companies don’t reimburse him for gas, and the apps’ rates have...
by Sharif Paget | Mar 18, 2018 | Autos, Consumer Price Index, Economy, Jobs, Newest
Investors breathed a sigh of relief after February’s small increase in consumer prices were released, easing concerns over inflation and faster interest rate hikes by the Federal Reserve. The consumer price index rose by 0.2 percent, right in line with economist...
by Elizabeth Ramanand | May 30, 2017 | Autos, Featured, Newest
Freely roaming an open world, with fire arms, speeding down highways throughout the streets of New York might not fully be reality in city but it’s certainly the case in the video game Grand Theft Auto IV, which is being used to advance real life driverless cars....
