With summer travel season on the horizon, Cheddar News is providing a few tips so you can get the best bang for your bucks. Haley Berg, lead economist at Hopper, joined "Closing Bell" to share some cost-saving strategies. "We're expecting a packed Memorial Day weekend. It will be the biggest Memorial Day weekend since pre-pandemic and most of those travelers, luckily, paying a little bit less than last year but still around those 2019 levels,"
she said.
New car owner analysis from Insurify finds drivers spend an average of $5,851 a year on insurance, gas and maintenance alone, separate from financing costs.
Oil prices are climbing again after Saudi Arabia shut down a critical pipeline that has served as a major alternative route around the Strait of Hormuz.