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New car payments reach all-time high of 0 in first quarter 2026

The average new car payment rose to an all-time high in the first quarter as American households continued to face affordability challenges in the economy. A new report by LendingTree citing data from Experian for the first quarter of 2026 found that the average monthly payment for a new vehicle…

RBNZ hike seen but path questioned – Commerzbank

Volkmar Baur at Commerzbank expects the Reserve Bank of New Zealand (RBNZ) to raise rates at its July meeting to reinforce its inflation-fighting credentials, which should initially support the New Zealand Dollar (NZD). However, he argues that current market pricing of about 3.5 hikes over 12 months is excessive, and the eventual repricing of this path is likely to weigh on the kiwi.Near term support, medium term drag”Tomorrow morning, the Reserve Bank of New Zealand…

Business

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Markets

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Trump says Walmart will lower prices after White House request

President Donald Trump said Monday that Walmart has agreed to lower prices on a range of products after a request from his administration tied to the nation’s 250th anniversary celebrations.In a post on Truth Social, Trump said Walmart would reduce the price of a pound of ground beef by “almost”…

Investing

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