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New-car prices in the U.S. are on track to drop this year for the first time in more than a decade, but many buyers are stretched as higher interest rates increase financing costs.
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MarketWatch - Business
Oil prices end higher on light trading volume as supply drops more than expected
Oil prices settled higher Wednesday, on light trading volume ahead of the Independence Day holiday, after official U.S. data revealed a drop of more than 12 million barrels in crude inventories and a weekly rise in implied gasoline demand. -
The Wall Street Journal - World
Car Prices Are Declining. Buyers Aren't Seeing It.
The average price paid is expected to fall this year for the first time since 2008, but interest rates are keeping payments high. -
The Wall Street Journal - Business
Car Prices Are Declining. Buyers Aren't Seeing It.
The average price paid is expected to fall this year for the first time since 2008, but interest rates are keeping payments high. -
The Wall Street Journal - World
Israel Has Seized More Land This Year Than in Any Year in the Past Three Decades
Nearly half of all West Bank land seized by Israel since the 1993 Oslo Accords was taken this year, watchdog group says.Israel -
The Guardian - World
Homes under £350,000 for first-time buyers in England – in pictures
From a studio in fashionable Peckham to a townhouse on a brutalist estate in Sheffield Continue reading... -
CBS News - Top stories
Hiring in the U.S. slowed in June, raising hopes for interest rate cuts
Employers added 206,000 jobs last month and the unemployment rate edged higher to 4.1%. -
MarketWatch - Business
Fed minutes show no consensus on how many months of good inflation data needed to start cutting interest rates
Several officials said that interest-rate hikes might be needed if inflation stays at its elevated level or increases further.Federal Reserve -
CBS News - Top stories
June jobs report signal possible interest rate cut later this year
The U.S. added 206,000 jobs in June and the unemployment rate rose to 4.1%, according to new data from the Labor Department's Bureau of Labor Statistics. CBS News senior business and technology correspondent Jo Ling Kent breaks down the numbers ... -
The Hill - Politics
Fourth of July costs rocket higher
Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story Fourth of July cookout costs hit record high New research finds that average Fourth of July cookout costs are expected to soar to ...
More from The Wall Street Journal
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The Wall Street Journal - World
Euro Could Remain Stable Even if French Political Uncertainty Stays Elevated
French political uncertainty could stay elevated in the coming weeks after Sunday’s parliamentary elections but the euro is likely to remain stable between the 1.0500 and 1.1000 levels against the dollar, MUFG Bank said. -
The Wall Street Journal - World
'Nuclear' Jury Verdicts Rise Alongside American Anger
The insurance industry says more U.S. cases are ending with outsize damage awards against corporations. Victims’ lawyers say the amounts are justified. -
The Wall Street Journal - World
Vanguard's Die-Hard Customers Have a Message for New CEO: 'The Service Is Abysmal'
Salim Ramji takes the helm Monday, and many clients are hoping he will fix customer service. -
The Wall Street Journal - World
Property Fraud Allegations Snowball as Commercial Real-Estate Values Fall
A drop in values caused by higher interest rates and a rise in defaults exposes more schemes. -
The Wall Street Journal - World
Where Have All the Good Stocks Gone?
With prices at records, there are fewer to buy, and the quality of remaining ones is surprisingly bad. Blame years of low interest rates.