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NerdWallet's team of reporters brings you the latest on what's happening in the world of financial news, and what it means for your wallet.

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Economy Improving, but Recession Risk, Inflation Still Hover

Economy Improving, but Recession Risk, Inflation Still Hover

The latest bevy of government data shows prices are declining, wage growth has slowed and people aren’t spending like they used to. By all appearances it seems inflation is, indeed, being tamed. But at this point it’s still uncertain whether the U.S. is in the clear or instead glimpsing a recession on the horizon.

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Used Car Prices Are Dropping: What That Means for Car Buyers

Used Car Prices Are Dropping: What That Means for Car Buyers

After more than a year of overheated prices, the used-car market cooled by several degrees in December. The trend brings some relief to car buyers. But inventories have yet to reach pre-pandemic levels, and consumers still miss the buying power they had in 2019.

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