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."
A new report said the private sector added 103,000 jobs in November while refinance applications climb as mortgage rates dip. Plus, the FTC is once again looking to block the Microsoft-Activision deal and McDonald's is looking to buy 10,000 new locations by 2027.
