INDIANAPOLIS (WISH) — Here’s a look at Wednesday’s business headlines with Jane King, who explains the latest GM recall and how AI is impacting the food industry.

GM recalls more than 90,000 vehicles

General Motors is recalling more than 90,000 vehicles for a potential transmission issue that could lead to an increased risk of a crash.

The National Highway Transportation Safety Board says the recall involves Cadillac CT 4, 5 and 6 for various model years and the 2020 to 2022 Chevrolet Camaro.

There is a software update to address the issue and vehicle owners can expect to get a letter in the mail about it next month.

AI is influencing the food industry

Nvidia and General Motors just announced a deal to use its chips in its vehicles as well as in simulation and plant design.

Also, Yum! Brands, which owns Taco Bell, KFC, and Pizza Hut said on Tuesday that the collaboration will allow Yum! to roll out AI order taking

Housing affordability crisis may not end next year

The housing market’s affordability crisis may not end this year or in 2026.

Thomas Ryan, an economist at Capital Economics, said the two driving factors behind the housing affordability crisis — high prices and high mortgage rates — were likely to continue moving higher through the next two years.

Ryan estimated that the average 30-year fixed mortgage rate would hover around 7% for much of 2025 and probably not dip to 6% until the end of 2026.

Federal Reserve will update rate projections Wednesday

The Federal Reserve is unlikely to make any changes to interest rates Wednesday as storm clouds gather around the U.S. economy.

Even as worries grow about trade and consumer spending, the Fed will probably stay put–the decision will be announced around 2 p.m. Wednesday.