New Vehicle Inventory Stuck Near Record Low, Shortages Shift to Fuel-Efficient Cars, Prices Hit Record. But Used Vehicle Price Spike Runs out of Fuel amid Plenty of Supply

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Still the strangest auto market ever. By Wolf Richter for WOLF STREET. The inventory shortages at new vehicle dealers continue unabated, and inventories remain desperately low, but the shortages are shifting, as demand has shifted, and there is now supply piling up, for example at Ram dealers, while fuel-efficient vehicles are essentially sold out, and EV models have … Read more

Job market could see significant shift in July, AI-driven report predicts

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The job market could see significant changes in July, according to a new AI-driven report.  (iStock) After a strong jobs report in June, July could see a shift in the type of hiring employers are looking for, according to new data from an AI-driven forecast from Turn. In the next jobs report, Turn predicted that … Read more