CarMax Slashes Prices as Used Car Market Enters Reset Phase for 2026
CarMax cuts prices and increases marketing as used-vehicle sales decline 8%. The retailer's pricing reset signals a buyer-friendly shift in the used car market heading into 2026.
366 articles found for "savings"
Fed's Preferred Inflation Gauge Stuck at 2.8%: Why Rate Cuts May Be Delayed Until Summer 2026
Core PCE inflation remains stuck at 2.8%, well above the Fed's 2% target, as tariff costs and sticky housing prices complicate the path to rate cuts in 2026.
Food Prices Forecast to Rise 3% in 2026 as Restaurants Outpace Groceries in Inflation Race
USDA forecasts overall food prices to rise 3% in 2026, with food away from home increasing 4.6% while grocery inflation moderates to 1.7%—creating a growing wedge between dining out and cooking at home.
UPS Slashes 30,000 Jobs as Amazon Divorce Reshapes America's Largest Package Delivery Company
UPS announces 30,000 job cuts and 24 facility closures in 2026 as the company accelerates its pivot away from Amazon toward higher-margin deliveries.
Social Security's 2.8% COLA Takes Effect: What 71 Million Americans Need to Know About 2026 Benefits
The 2.8% Social Security cost-of-living adjustment has begun, raising the average retirement benefit by $56 per month—but Medicare premium increases will offset some gains.
Consumer Revolving Credit Contracts for First Time in 18 Months as Americans Brace for Tariff Impact
Federal Reserve data shows revolving credit decreased at a 1.9% annual rate as consumers pull back on borrowing amid elevated interest rates and tariff-driven inflation fears.
Middle-Income Americans 'Settling Into a New Reality' as 68% Say Income Can't Keep Pace With Costs
New survey finds middle-income families have stopped waiting for economic relief. Half say their main 2026 goal is simply keeping up with rising costs.
America's K-Shaped Economy Reality: Top 20% Now Drive Record 57% of Consumer Spending
New data reveals America's economic divide has reached historic proportions, with the wealthiest 20% accounting for 57% of all consumer spending while lower-income households struggle.
2025: The Year America Stopped Hiring—What the Weakest Job Growth Since 2009 Means for Workers
With just 584,000 jobs added in 2025—the weakest year since the global financial crisis—America's labor market has fundamentally changed. Here's what it means.
The Hidden Tariff Tax: American Families Now Pay $1,751 More Per Year on Everyday Goods
Yale Budget Lab research reveals tariffs now cost the average American household $1,751 annually, with the effective tariff rate hitting its highest level since 1932.
JPMorgan Warns Labor Market Faces 'Uncomfortably Slow' First Half as AI and Immigration Reshape Employment
America's largest bank forecasts unemployment could reach 4.5% in early 2026 as stricter immigration policies and AI adoption create crosscurrents in the job market.
January Retail Sales Report to End 'Data Fog' and Reveal True State of Consumer Economy
The upcoming January 2026 retail sales data will provide economists the first 'clean' look at the economy since the government shutdown obscured Q4 statistics.