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."
Altro founder and CEO Michael Broughton shares how his company is bringing both expanded credit access and financial wellness to underserved consumers, plus netting early investments from Tinashe, Quavo, and Jay Z’s Marcy Ventures.
Portillo’s CEO Michael Osanloo discusses the company’s decades of profitability, opening restaurants in new markets, and why it doesn’t need trends like dynamic pricing.
Adam Turnquist, Chief Technical Strategist for LPL Financial, weighs in on the latest CPI data, what could get the Fed to lower borrowing costs, and the crypto rally.