Americans are falling behind on their car payments at alarming rates:
Subprime auto loan delinquency rates reached 6.43%, the 2nd-highest on record.
The 60-day delinquency rate for subprime auto loans has more than DOUBLED over the last 3 years.
Delinquency rates are now ~1.4 percentage points ABOVE the 2008 Financial Crisis peak.
Meanwhile, an estimated 1.73 million vehicles were repossessed last year, the highest total since 2009.
Is an auto debt crisis forming?

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US Treasury Secretary Scott Bessent confirmed on Sunday (October 26) that Washington and Beijing have reached a “very substantial framework agreement” that would prevent the US from imposing 100% tariffs on Chinese goods and allow ...

The US and China reached a trade framework agreement, and Mr. Trump's 100% tax could be removed.

Li Chenggang, China's Representative for International Trade and Vice Minister of Trade, announced that the Chinese and US economic and trade teams held intensive and open discussions on issues of mut...

US and China Make Mutual Positive Statements Regarding Tariffs – Here Are the Details

Gold’s record-breaking run took a breather this week, snapping an eight-week winning streak as traders took profits ahead of the Federal Reserve’s October policy decision.
The retreat has eased safe-h...