Tag Archives: fastest

Why auto insurance costs are rising at the fastest rate in 47 years

Why auto insurance costs are rising at the fastest rate in 47 years

As car prices moderate from a pandemic-era surge, insurance has pushed the cost of car ownership to the brink for many Americans. New data out this week showed auto insurance costs rose 20.6% from the prior year in February, matching January’s increase as the most since December 1976, when costs rose 22.4% over the prior year. On an annual basis, motor vehicle insurance costs rose 17.4% in 2023, the most since a 28.7% increase in 1976, according to data from the BLS. The sticker shock hitting… Source link

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BofA Says Rush to Cash Is Now at Fastest Pace Since Pandemic

BofA Says Rush to Cash Is Now at Fastest Pace Since Pandemic

(Bloomberg) — Cash is king, with investors fleeing to the safety of cash funds at the fastest pace since the coronavirus pandemic as the Federal Reserve remains firmly hawkish, according to strategists at Bank of America Corp. Most Read from Bloomberg The asset class had inflows of $62.1 billion in the week through Nov. 2, according to a note from the bank citing EPFR Global data. That’s contributed to $194 billion of inflows into cash from the start of October — the fastest start to a… Source link

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US inflation jumps 6.8% in November — fastest rate in 39 years 1982

U.S. consumer prices rose at the fastest clip in nearly four decades last month, underscoring the persistently elevated inflationary pressures in the recovering economy.  The Labor Department’s Consumer Price Index (CPI) climbed by 6.8% in November compared to last year, marking the fastest annual increase since June 1982. This rate matched consensus economists’ estimates, according to Bloomberg data, but accelerated compared to the 6.2% year-over-year rate from the prior month.  Even… Source link

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One of the fastest growing motorcycle brands has 3 wheels, not 2

Can-Am F3-S Special Series Throughout the pandemic, motorcycle brands such as Harley-Davidson (HOG) saw a surprising boost in sales as Americans gravitated toward outdoor leisure activities en masse. Among the motorcycle manufacturers experiencing a heyday in growth in North American markets, Can-Am On-Road makes motorcycles that ride on three wheels instead of two. “Can-Am On-Road [has performed] two times better than the motorcycle industry average,” Can-Am On-Road Director of Global… Source link

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US home price growth surge at fastest rate in more than 30 years

Home price growth in the U.S. continued to heat up in June, setting a new record — yet again. Standard & Poor’s said Tuesday that its S&P CoreLogic Case-Shiller national home price index posted a 18.6% annual gain in June, up from 16.8% in May — the highest rate in more than 30 years of data. It is the 13th consecutive month of accelerating prices and the third straight month in which the growth rate of housing prices set a record. The 20-City Composite posted a 19.1% annual gain, up… Source link

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Home price growth in the US surge at its fastest rate in more than 30 years

Home price growth in the U.S. surged in April at a pace not seen in more than 30 years. Standard & Poor’s said Tuesday that its S&P CoreLogic Case-Shiller national home price index posted a 14.6% annual gain in April, up from 13.3% in March — marking the 11th straight month of accelerating prices. The 20-City Composite posted a 14.9% annual gain, up from 13.4% a month earlier. The results far outpaced analysts’ expectations of a 14.7% annual gain, according to Bloomberg consensus… Source link

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Shelly-Ann Fraser-Pryce becomes fastest female sprinter alive

Only one woman in history has run a faster women’s 100-meter than Shelly-Ann Fraser-Pryce did on Saturday: Florence Griffith Joyner. Jamaica’s Fraser-Pryce became the second-fastest woman ever with a magnificent 10.63 at a meet in Kingston on Saturday, blowing away her competition and obliterating the national record of 10.70 she shared with Elaine Thompson-Herah, who won the 100 gold at the 2016 Olympics.  Fraser-Pryce’s 10.63 is the fourth-fastest time ever recorded, and the fastest any… Source link

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Home price growth surges at the end of 2020 — fastest pace in 8 years

Home price growth in the U.S. accelerated in the final month of 2020 — the fastest pace in eight years. The results top off what was a record year for the housing market despite the COVID-19 pandemic. Standard & Poor’s said Tuesday that its S&P CoreLogic Case-Shiller national home price index posted a 10.4% annual gain in December, up from 9.5% in November — the fastest growth rate since 2013. The 20-City Composite posted a 10.1% annual gain, up from 9.2% the previous month — beating… Source link

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