Tag Archives: Prices

The volatility in the used car market rolled on in 2022, but there might be some relief for car buyers coming this year. The Manheim Used Vehicle Value Index (MUVVI) for the month of December posted a 0.8% increase in auto prices month over month, however it dropped a whopping 14.9% year over year, the largest annualized price decline ever in the 26-year history of the index. That being said, December’s index rating of 219.3 is still much higher than pre-pandemic levels, when the 2019… Source link

Tesla (TSLA) stock fell early Friday after the company cut the price on two of its models in China, the automaker’s second cut in three months as it battles waning demand in the country. Tesla cut prices on its China Model 3 by 13.5%, which now starts at $33,515, and its Model Y by 10%, which now starts at $37,899, according to calculations from Reuters. Shares of the company fell more than 7% at the market open on Friday following the news, setting a new 52-week low for the automaker. Tesla… Source link

In 2022, Americans turned to Google to find local answers that reflect some of this year’s largest national conversations about the economy, public health and the midterm elections, according to the latest “Year in Search” report, an annual review of people, places and things that piqued internet users’ interests and drew the most attention online over the course of 2022.  The report, released earlier this month, highlights trending topics across a number of key categories, including… Source link

Not all the inflation news was cheery. Backing out volatile gasoline and food prices, inflation in the U.S. slowed again last month, up 7.1% year-over-year. That was lower than economists’ exception of a 7.3% increase, per Bloomberg data. Still, the latest report was not great news for grocery shoppers: Food prices in November rose 12.0% year-over-year. On monthly basis, the category increased by 0.5%, according to the Bureau of Labor Statistics’ (BLS) November Consumer Price Index (CPI)…. Source link

President Biden wants Americans to know gas prices are falling fast—and he deserves the credit. The average pump price has plunged from $5 per gallon in June to around $3.25 now. Biden says it’s because he released oil from the national reserve, persuaded petrostates to produce more, and convinced oil and gas companies to lower prices. Nope. The single-biggest reason for falling oil and gas prices is China’s baffling COVID lockdowns. China is the world’s largest energy consumer and… Source link

If you already run your calendar, email and cloud storage through Google,… Source link

The U.S. has joined the European Union, the Group of Seven nations, and Australia to cap the price of Russian oil at $60 a barrel. The U.S. has been in detailed talks with allies for months about setting a price cap on Russian oil to reduce the country’s revenue as it continues its invasion in Ukraine. The cap also ensures oil can keep flowing to the global market, preventing a spike in global oil prices as governments around the world work to tamp down multi-decade highs in… Source link

High prices mean Canadians are planning on spending less during the holiday season this year. (THE CANADIAN PRESS/Justin Tang) One in three Canadians say they will spend less over the holiday season this year, as high prices force them to scale back on shopping and gift giving, a new Yahoo/Maru Public Opinion poll has found. The survey of 1,522 Canadians released on Friday found that 30 per cent of respondents will be spending less over the holidays this year as inflation continues to force… Source link

AMC (AMC) CEO Adam Aron is preparing to go on a shopping spree if struggling theater operators begin to sell their locations amid financial struggles. “I think there’s going to be an opportunity for us to pick up theaters quite inexpensively and pick up really high-quality theaters and potentially quite profitable theaters,” Aron said on Yahoo Finance Live (video above). “Right now, because of the unique position we’re in, that we have liquidity and a lot of our competitors do not, I think… Source link

Morgan Stanley: Prices for Rolex, Patek Philippe and Audemars Piguet watches will keep plunging due to a flood of supply — but these 3 real assets remain scarce and coveted The second-hand market for luxury timepieces had a huge bull run over the past few years. But according to a recent report by Morgan Stanley using data from WatchCharts — which tracks real-time watch market sales — prices of the most sought-after watches from top luxury brands have dropped significantly. The most… Source link