Americans struggling to make car payments is highest since Great Recession – Fox Business
Autotrader.com executive editor Brian Moody argues that declining car sales combined with rising inventories could drive prices down. More and more Americans are behind on their car payments. US economy High car prices and persistent inflation are straining household budgets. Car foreclosures plummeted early in the pandemic when the government sent stimulus checks to millions […]
World Bank makes big cut to its 2023 growth outlook, says globe is 'perilously close' to recession – CNBC
The World Bank has downgraded its global growth forecast from its forecast for mid-2022 on the back of what it sees as a general deterioration in economic conditions. International development agencies have downgraded nearly all of their forecasts for the world’s developed economies, cutting their 2023 global economic growth forecast to 1.7%, according to a […]