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Economy

“Used EV price crash keeps getting deeper with ‘premium’ brand idea history”

“…The decline has been dramatic over the past year. In June 2023, average used EV prices were over 25% higher than used gas car prices, but by May, used EVs were on average 8% lower than the average price for a used… Continue Reading…

Economy

“Gen Z Sinks Deeper Into Debt”

“…The rising debt load largely reflects a surge in prices for food and shelter at the start of their careers, coupled with a larger percentage of Gen Z who graduated with student loans. The average credit-card balance for 22- to… Continue Reading…

Economy

“Nearly half of all Americans are falling deeper in debt as inflation continues to boost costs”

“In an economy that has produced the highest inflation rate since 1981, Americans are struggling to keep up with expenses and are putting less money aside for emergencies or long-term financial goals, several recent studies show. Nearly 40% of consumers cannot put any… Continue Reading…