Tag: inflation
Lower energy prices a bright spot in August CPI data, inflation...
The Bureau of Labor Statistics released the monthly consumer price index on Tuesday and revealed that inflation increased again in August.
Economists predicted a decrease...
New Jersey dealer Tom Maoli on inflation, EVs, interest rates, and...
Welcome to another edition of Inside Automotive with Jim Fitzpatrick. Today, we're pleased to welcome back Tom Maoli, President and CEO of Celebrity Motor...
Consumer confidence rose in August thanks to moderated gas prices and...
Consumer confidence is on the rise following three straight months of declines. The good news is attributed chiefly to declining gas prices and an...
Chief Economist Jonathan Smoke breaks down findings from Cox Automotive’s Q2...
Cox Automotive released its Q2 Dealer Sentiment Index, which provides a current view of dealer sentiment and looks ahead to the next 90 days....
Bugatti sold out into 2025 despite rising inflation and economic concerns
It seems rising inflation and economic concerns aren’t slowing the spending habits of the ultra-wealthy in the United States. At least not according to...
Fed raises interest rates 0.75 points for the second time as...
In an effort to curb rising prices, the Federal Reserve hiked interest rates by another 0.75% Wednesday afternoon, the same amount as its last move in...
U.S. weighs option to roll back China tariffs to ease inflation
U.S. Treasury Secretary Janet Yellen and the Senior Economic Official in Beijing, Vice Premier Liu He of China, met earlier this week to discuss...
Consumer spending increases, inflation eases slightly in May
According to a Commerce Department gauge used by the Federal Reserve, the rate of inflation during May was consistent and while it did rise,...
Luxury dealer Tom Maoli on economic and industry trends shaping auto...
How is the lack of new and used vehicle inventory impacting luxury buyers? To help us answer this question, we're pleased to welcome back...
Fed raises interest rates by 0.75%, sees more hikes coming down...
The Federal Reserve is finally stepping in once again to fight inflation and the tumultuous housing market. The Fed raised interest rates by 0.75%...
