Automobile Industry

Why used car prices went absolutely insane last month.

Why used car prices went absolutely insane last month.

You thought the price of wood was nuts? Just check out what’s going on at car dealerships. After cooling off a bit from a surge last year, the cost of used vehicles suddenly shot up 10 percent in April alone, according to the Bureau of Labor Statistics’ official inflation report on Wednesday. The sudden acceleration was the largest one-month increase in the category since the government began tracking the Consumer Price Index in 1953.

The Half-Truth on Infrastructure at the Heart of the American Jobs Plan

The Half-Truth on Infrastructure at the Heart of the American Jobs Plan

Here’s a quiz to test your understanding: The American Jobs Plan states that “public domestic investment as a share of the economy has fallen by more than 40 percent since the 1960s.” Does this mean:

Here’s a quiz to test your understanding: The American Jobs Plan states that “public domestic investment as a share of the economy has fallen by more than 40 percent since the 1960s.” Does this mean:

a. The U.S. spends less money on infrastructure today than it did in the 1960s.

b. When adjusted for inflation, the U.S. spends less money on infrastructure today than it did in the 1960s.

c. The U.S. spends more money on infrastructure today than it did in the 1960s, even when adjusted for inflation, but that amount has not kept up with the size of the economy.

d. The U.S. spends more money on infrastructure today than it did in the 1960s, even when adjusted for inflation, even as a portion of the size of the economy, but all that old infrastructure is depreciating more quickly than we are increasing new infrastructure spending.

 

Planet Money : NPR

About Your Extended Warranty : Planet Money : NPR

Calls about auto warranties or similar guarantees are a constant pain for phone users. But what are these warranties? And why are they not only still around, but seemingly bigger than ever? Today on the show, we dive into the history of this industry and these calls. How they started, got big, and why they persist to this day.

Radar makes the GREEN LIGHT longer?

Every stop light on the planet has "A BAD PLACE" which makes you feel awkward and more likely to crash. Technology acts is a life guard who throws you a pretty cool life preserver: A longer green light!