Used car prices increased 10.5% in June. Justin Sullivan/Getty Images Used cars and trucks were 10.5% more expensive in June than in May. That’s the biggest increase since the Bureau of Labor Statistics started tracking in 1953. Used cars have been a major cause of higher price inflation over the […]
Jumped
What happened Shares of Carvana (NYSE:CVNA), an online car buying and financing platform, jumped 11% Friday morning after the market digested a solid fourth-quarter result and a strong upgrade from Morgan Stanley analyst Adam Jonas. So what Carvana has been no stranger to impressive growth figures in recent years, and the […]