General Motors (GM) has submitted a safety recall notification to the National Highway Traffic Safety Administration for 994,763 sports utility vehicles with defective airbag inflators. The recall includes the Buick Enclave, Chevrolet Traverse and GMC Acadia vehicles from the 2014 to 2017 model years. All of them were built with airbag inflators manufactured by Tennessee-based ARC Automotive Inc.
With the Fed likely set to leave rates unchanged, lower and middle income Americans will continue dealing with higher credit card interest and expenses.
Markets soared in May after Nvidia’s Q1 success, but concerns over slowing consumer spending, especially among middle—and lower-income groups, loom large.
