The rate of late payments for auto loans fell nationally in the first three months of the year to the lowest level in more than a decade, even as lenders financed more vehicle purchases for high-risk borrowers.
The rate of late payments for auto loans fell nationally in the first three months of the year to the lowest level in more than a decade, even as lenders financed more vehicle purchases for high-risk borrowers.
DECLINING RATE: Credit reporting agency TransUnion says the rate of late payments for auto loans declined nationally in the first three months of the year to 0.36 percent. That's also down about 22 percent from the fourth quarter of 2011.
EDITOR'S NOTE -- Facebook began selling stock to the public Friday in the most talked-about market debut in years. The stock closed 23 cents above its initial offering price, at $38.23. Two Associated Press business writers debate whether the stock is a smart buy.
EDITOR'S NOTE -- Facebook began selling stock to the public Friday in the most talked-about market debut in years. The stock closed 23 cents above its initial offering price, at $38.23. Two Associated Press business writers debate whether the stock is a smart buy.
Federal regulators have seized a small bank in Alabama, bringing to 24 the number of U.S. banks that have failed so far this year.
Children's trampolines with a dangerous defect and a line of crib tents that have already proved deadly for one child are among this week's recalled products. Others include defective safety locks meant to keep children out of cabinets and climbing ropes with a dangerous flaw.
Unemployment rates fell in two-thirds of U.S. states last month, evidence that modest economic growth is boosting hiring in most areas of the country.
Investors who see opportunity in Asia's growth typically think of China first. That's one reason why there's no shortage of options for U.S. investors looking to buy a stock mutual fund that focuses on China.
Even the hottest initial public stock offerings can lose steam after their first day of trading.
U.S. consumer prices were flat last month as cheaper gas offset modest increases for food, clothing and housing. The data indicate that inflation remains in check.
Auto insurance rates, which tumbled after Massachusetts opened the state to more competition four years ago, are marching steadily upward again.






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