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As our Chart of the Week shows, the firm’s base case for 2025 shows continued quarters of 2% GDP growth, a respectable outlook by any measure. But, as BofA’s team pointed out, “Our base case ...
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The combination of higher interest rates and higher car prices, along with the biggest average loans ever taken out to buy them, lifted the average monthly car payment to $742 in October.
It was a mixed picture for the autos market as prices overall ticked up slightly month over month in the U.S. in January. The BLS reported in its January CPI report that new vehicle prices rose 0. ...
President Trump's tariffs on U.S. imports from Canada and Mexico could lead to higher domestic vehicle prices and dent profit margins for automakers, according to industry analysts. The average ...
(Reuters) - U.S. new vehicle retail sales are expected to rise 8.1% to 1.01 million units in February on an adjusted basis, industry consultants J.D. Power and GlobalData said in a joint report on ...
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San Jose, California-based eBay's shares were down about 6.8% in trading after the bell. Rising competition from the likes of Amazon, that sells a lot of consumer staples, has amplified eBay's woes.