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"New-vehicle average transaction prices (ATPs) increased further into record territory in December 2021 to reach $47,077," said the Kelley Blue Book report published Tuesday.
First-time filings for unemployment insurance came in at 230,000 for the week ending Jan. 8, up from the prior week's 207,000, the Labor Department said in a report.
The Bureau of Labor Statistics (BLS) reported on Jan. 12 that the Consumer Price Index (CPI), which reflects inflation from the perspective of end consumers, rose 7.0 percent in the 12 months through December, a level not seen since June 1982, when it hit 7.2 percent.
In a series on Twitter on Tuesday, David Colombo claimed that he had been able to remotely access the vehicles and disable Sentry Mode-a feature that allows Tesla owners to monitor suspicious activities-unlock doors and windows, and start the cars without keys.
The yield on the benchmark 10-year Treasury note has risen to around 1.77 percent. The 2-year yield rallied to about 0.94 percent, while the 30-year bond topped 2.09 percent.
According to the Global Risks Perception Survey (GRPS), which is part of the WEF's most recent Global Risks Report (pdf), a whopping 84 percent of respondents expressed pessimism about the world outlook, with 23 percent saying they're "worried" and 61.2 percent saying they're "concerned."
Sticky Inflation and Job Market Tightening Will Push Fed to Hike Rates 4 Times in 2022: Goldman Sachs
Jan Hatzius, chief economist at Goldman, wrote in a note Sunday that the investment bank is predicting a fourth 25-basis-point rate hike in December of this year, up from an earlier projection of three.
CBP Seizes Shipment Containing 50,000 Fake Apple AirPods, 920 Nintendo Video Game Consoles From China
The officers discovered the illegitimate products after inspecting a shipment of goods arriving from China into the United States and determined that they appeared to be fake.
Airlines continued to struggle to deal with inclement weather. Cancellations and delays have plagued Southwest Airlines and other airlines in recent weeks, with staffing issues cited as a major reason.
US Retailers Raise Prices of Discounted CCP Virus Test Kits After Agreement Ends With Biden Administration
Walmart and Kroger have both raised their prices for the BinaxNOW COVID-19 rapid tests, after an agreement with the Biden administration to sell the antigen self-test kits at a fixed price expired at the end of the year.
Florida, with its sunshine, warmth, and no individual state income tax, is a big draw, as demonstrated by the annual study of interstate migration by United Van Lines, the nation's largest moving company.
A group of New York Fed researchers has developed a new index to measure the critical factors underlying all global economic activity-supply chains.
Federal Aviation Administration (FAA) and other aviation officials fear that the use of C-band spectrum for 5G wireless services could interfere with sensitive aircraft electronics, disrupt flights and result in some diversions.
A used car in the United States costs approximately 39 percent more than what it did a year back.
The company, which counts Alphabet Inc and Fidelity Investments among its investors, had raised about $1.16 billion in equity financing in April.