auto

‘Savings are gonna run out’: Already battered by high inflation, Fed’s rate hike will hit lower-income and rural Americans hard – News Opener

The Federal Reserve hiked its benchmark rate by 0.75 percentage points on Wednesday in an effort to temper the rising…

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Cracks in subprime auto, fears of repo revival aren’t yet drying up Wall Street financing – News Opener

Soaring used-car prices have kept a key spigot of funding for the record $1.6 trillion subprime auto loan market open,…

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U.S. industrial output falls in June for first time this year – News Opener

The numbers: Industrial production fell 0.2% in June, the Federal Reserve reported Friday. This is the first decline of the…

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U.S. industrial output has small gain in May, has risen for 5 straight months – News Opener

The numbers: U.S. industrial production rose 0.2% in May, the Federal Reserve reported Friday, the fifth straight monthly gain. The…

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AutoWeb stock rocked after worst auto buying conditions in 50 years leads to ‘going concern’ warning – News Opener

Shares of AutoWeb Inc. suffered a record plunge in active trading Tuesday, after the provider of marketing services to auto…

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