Fed: Vehicle supply curtails sales, boosts dealer profitability
Inventory constraints continue to hamper vehicle sales, while rising car prices contributed to higher loan volumes and increased dealer profitability ...
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Listen: Weekly Wrap discussion on conflicting economic trends
Last week, a slew of new monthly macroeconomic mile-markers released, painting a murky picture of the economy’s recovery as new ...
Factory output in U.S. rises less than forecast, dented by Ida
Production at U.S. factories rose less than expected in August as Hurricane Ida compounded an ongoing struggle among manufacturers with ...
U.S. consumer price growth cools, smallest gain in seven months
Prices paid by U.S. consumers rose in August by less than forecast, snapping a string of outsized gains and suggesting ...
Credit availability improves across all credit tiers in Q2
Auto originations grew 32% sequentially in the second quarter as loosened underwriting standards improved credit availability across all credit tiers. ...
Wells Fargo risks regulatory action over pace of restitution
Five years into scandals that have already cost Wells Fargo & Co. more than $5 billion in fines and legal ...
Consumer inflation in US moderates while remaining elevated
Prices paid by U.S. consumers climbed in July at a more moderate pace, though not enough to provide major relief ...
Dollars, coins and tokens: Is your business prepared for digital currency?
When Tesla announced that it would begin accepting Bitcoin payments, it sent shock waves through the automotive industry and cryptocurrency ...
