Why Car Prices Are Still Crazy High

Oh, the things you can find with an inquisitive mind – and a metal detector.Today we’re bringing you Chapter 1 of Our Town, a limited-run series from The Big Take, hosted by Meribah Knight with Bloomberg’s Susan Berfield. The series tells the story of a battle over identity fough ...  Show more

Situational Awareness, a hedge fund run by a 24-year-old hailed as “Nostradamus of AI”, swelled to $45 billion in assets until a mix of highly leveraged bets, short sellers and a market swoon threw it into crisis. On today’s Big Take podcast, Bloomberg’s Katherine Burton and Hema ...  Show more

Drivers are increasingly paying sticker price or more for a new car. Then there are sky-high insurance rates and mortgage-level car payments. Vox’s Marin Cogan explains how we got here. This episode was produced by Victoria Chamberlin, edited by Matt Collette, fact-checked by Lau ...  Show more

Send us a textOver the last three years we have seen the biggest car price increases in history. Last year the average cost of a new car in the United States was forty-seven thousand dollars and the average used car price today is just under thirty thousand dollars.Car buyers tod ...  Show more

As car dealers rebuild their inventories, prospective buyers are putting off purchases because of high prices coupled with rising interest rates. WSJ reporter Sean McLain joins host J.R. Whalen to discuss how dealers plan to entice buyers, and how consumers can avoid rising rates ...  Show more

If you are in the market for a car, you may want to step on the gas, because President Trump's new tariffs are about to send auto prices soaring. Today we bring you the very latest on this escalating trade war and how Americans could face the fallout. Plus, Defense Secretary Pete ...  Show more