Average monthly car payments reach record high, topping $700
WEWS: Michael Goldberg, associate professor of design and innovation at Weatherhead School of Management and executive director of the Veale Institute for Entrepreneurship, discussed soaring costs associated with rising inflation, interest rates and supply chain disruptions. “A recession may be looming, but I think that there’s optimism—generally speaking—that over the long-term, things will even out for consumers,” he said.