Stretching Your Dollar: What the UAW Strike Means for Car Buyers
The United Auto Workers union has officially started its strike against the big three U.S. car makers. Brian Moody, executive editor at Autotrader, joined 'Stretching Your Dollar' to talk about the potential blow back consumers could face as a result of the work stoppage. "The prices are going to go up but this isn't a strike that includes all brands," he said. "It's going to be a more gradual slow burn and some of the incentives that we've seen may go gradually away."
Apple posted better-than-expected profit and revenue in the latest quarter but said sales dropped for the fourth straight quarter, including a drop in revenue for iPads and iMacs.
The Federal Trade Commission is accusing Amazon of using an algorithm to raise prices for some of its products, thereby causing other shopping sites to do the same.
Customers fell for Starbucks' fall menu in the fiscal fourth quarter, with Pumpkin Spice Lattes and apple croissants helping the company achieve record revenue.
