In June, the average transaction price for a new vehicle was $39,942, an increase of 14% from June 2020. The average transaction price for a used vehicle was $27,984, up 24% from June 2020.

Blackstone will enter into a long-term agreement with AIG Life to manage an initial $50 billion in assets, with the amount increasing to nearly $100 billion over the next six years. The private-equity firm would also pay $2.2 billion for a 9.9% stake in AIG’s life-insurance and retirement-services unit.

U.S. consumer prices continued to accelerate in June at the fastest pace in 13 years as the recovery from the pandemic gained steam. The consumer-price index increased 5.4% in June from a year earlier. Excluding volatile food and energy categories, prices rose 4.5% from a year earlier, the most in 30 years.

Lenders originated some three million auto loans and leases in March, up about 53% from the same month in 2020 and the highest monthly figure on record. Auto balances for new originations also hit a record of $73.6 billion in March, up 59% from a year prior.

A recent survey U.S. individual investors found these people expect to earn 17.3% this year, after inflation. That’s more than twice the return on U.S. stocks since 1926, which has averaged 7.1% annually after inflation.

Worker filings for jobless claims fell to 364,000 last week, reaching a new pandemic low as layoffs continue to recede.

Economists and business executives now expect supply-chain disruptions and key labor shortages to persist through the end of the year.

The Transportation Security Administration (TSA) on Sunday screened more than 2 million travelers at airports – the highest number since the COVID-19 pandemic began in March 2020.

The number of employees who are back in the office has been inching up since vaccines began rolling out in the U.S. but only 31% of office workers had returned to the workspaces they occupied before the Covid-19 pandemic.

The 2.6 million people who retired since February 2020 was higher during this pandemic recession-recovery than in previous recession-recoveries.