Inflation stayed high last month, compounding the challenges facing the U.S. economy
Consumer prices in April were 4.9% higher than a year ago, according to the Labor Department. Prices rose 0.4% between March and April.
used cars
Monthly car payments have crossed a record $700. What that means
The average cost of a new car is also at the highest on record, topping $47,000 a pop. At this rate, an essential household purchase is starting to feel like a luxury in America.
Inflation Is Still High. Used Car Prices Could Help Explain What Happens Next
A surge in prices of used cars was a major driver of inflation again in June, but there are some signs those price hikes may be shifting into reverse.
Inflation Is Surging. The Price Of A Toyota Pickup Truck Helps Explain Why
The Labor Department says consumer prices jumped 5% for the 12 months ending in May. That's the sharpest increase in nearly 13 years, as the economy rebounds from the pandemic recession.
Used Cars Full Of Used Electronics Set Sail For Nigeria
And that's a problem. Because a lot of the electronics are busted. And disposing of them — and their toxic innards — is a health risk.