Joe Kennedy III Calls For Federal Legalization of Marijuana

USA TODAY – Used car payments hit record $400 per month as prices top $20,000

Americans are spending more than ever for used cars.

The average price of a used vehicle hit an all-time high for the third quarter of 2018, according to car-buying advice site Edmunds.

At $20,084, the average price was up 3.5 percent from the same period a year earlier and up nearly 19 percent from five years earlier.

https://www.usatoday.com/story/money/cars/2018/11/08/used-car-prices/1928840002/

Subaru slumps to quarterly loss amid spiraling quality costs, recalls

TOKYO – Subaru tumbled into the red in the latest quarter amid spiraling costs for a series of recalls in Japan and other issues stemming from an ongoing spate of faulty vehicle inspections…

http://www.autonews.com/article/20181105/COPY01/311059977/subaru-slumps-to-quarterly-loss-amid-spiraling-quality-costs-recalls

One ominous sign that another recession is looming

Yes — cash is back.

Once again people who don’t want to take on the risks of the stock market or the bond market or the gold market or any other market — and just want a reasonable rate of return on their savings without having to worry — are starting to feel some love.

Interest rates on two-year certificates of deposit or CDs — not quite “cash,” but pretty close — have just cracked 3% for the first time since living memory…

https://www.msn.com/en-us/money/markets/one-ominous-sign-that-another-recession-is-looming/ar-BBP3sGl?ocid=NL_ENUS_A1_20181104_8_2

Tech to blame for ever-growing auto repair costs, AAA says

It’s hard to remove a part from a new car without coming across a wire attached to it. As tech grows to occupy every spare corner of the car, many buyers might not realize that all that whiz-bang stuff is going to make collision repair an absolute bear…

https://www.cnet.com/roadshow/news/growing-repair-costs-car-tech-aaa-study/

%d bloggers like this: