Car prices are soaring, and they're not going to stop
CNN
Car dealer lots have only a fraction of the vehicles — both new and used — that they typically have. That's helping send prices to record levels and lifting the nation's overall inflation rate.
And the price increases aren't over yet. The average new car price hit a record $38,255 in May, according to JD Power, up 12% from the same period a year ago.President Joe Biden on Sunday delivers his first commencement address of the 2024 season at Morehouse College, where the president may for the first time in months have to confront the angst that’s been percolating on college campuses nationwide toward his administration’s policies on the Israel-Hamas war.
Arab and Palestinian Americans left a meeting with Secretary of State Antony Blinken on Friday night frustrated they did not have a clear understanding of how the Biden administration might act upon their concerns as the Israel-Hamas war devastates the civilian population in Gaza, participants told CNN.