agenda. back here at home, dive teams are trying to rescue people after torrential downpours in the northeast. the flooding turning deadly in new york. and more cases of malaria are being found in the united states. what you need to know to stay safe. we begin with breaking news from russia where there is a surprising twist related to last month s failed uprising. the kremlin says russia s vladimir putin met with the head of the wagner group and its top commanders just five days after the attempted rebellion, but the whereabouts of the wagner group s leader are still unclear. this comes as president biden makes his way to lithuania for a hike-stakes nato summit where the war in ukraine will be high on the agenda. but the president says ukraine will not become a nato member state, at least not for now. i don t think it s ready for membership in nato. i don t think there is unanimity in nato about whether or not to bring ukraine into the nato family now at this moment i
largest drop since the beginning of the pandemic last month. but that doesn t mean prices are falling as fast as many people would like. joining us now with more is dominic chu. what should we be taking away from this? the takeaway is that car prices are falling but don t expect to see massive sale prices or cuts anytime soon. that wholesale used vehicle index posted a 4.2% drop between may and june. that s the third straight month of price drops and one of the biggest on record according to cox. it s also about 10% below where it was the same time last week. that s the good news but we are still way higher than we were on average pre pandemic. so that lower trend in wholesale prices, it could lead to a drop in retail prices at some point. that s the good news. but there s an expectation that you re going to start to see inventory levels and prices for used cars find stability in the