White House, Car Crashes and Driver Arrested
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Tesla, Car and Last Quarter
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13hon MSN
A significant group of Americans are falling behind on their car payments - an economic warning sign
A key group of American borrowers is falling significantly behind on their car loans. It’s yet another sign that the US economy is forming some serious cracks, leaving the most vulnerable in financial distress.
The average new car price has skyrocketed to $50,000. Tariffs, the end of the federal EV tax credit and luxury car sales are deemed to be responsible.
The growing number of repossession assignments coincides with a surge in delinquencies. According to Fitch Ratings, 6.43 percent of subprime auto loans were at least 60 days past due in August, on par with the 6.45 percent recorded in January—the highest level in over three decades of tracking.
Car insurance rates vary by location, age, driving history and more.
Transitional guidance released by the IRS on Oct. 21 gives auto lenders room for avoiding penalties when it comes to reporting requirements.
More than a million federal workers are missing paychecks as the government shutdown stretches into its third week. Find out which workers are still being paid, who’s stuck in limbo — and who faces the possibility of losing compensation altogether. Here’s what else you need to know to get up to speed and on with your day.
A murder investigation has been launched after a man was attacked in Wolverhampton. The victim, in his 20s, was taken to hospital with serious injuries at about 01:30 BST on Wednesday, where he later died, West Midlands Police said. Detectives believe he was attacked in a car park off Dudley Road.
Christopher Scholtes, 38, rejected a second-degree murder plea deal in March 2025 that would have resulted in a sentence of 10 to 25 years.
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