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Business
fromwww.npr.org
2 days ago

Consumer spending is the U.S. economy's main driver. Here's how it's doing

Consumer spending drives roughly 70% of U.S. GDP, keeping the economy afloat despite pockets of financial distress, notably subprime auto and student loan delinquencies.
Business
from24/7 Wall St.
1 month ago

Is Carvana One of the "Cockroaches" Jamie Dimon Just Warned Us About?

Hidden private-credit risks and rising auto-loan delinquencies threaten non-bank lenders; Carvana's high leverage and fragile equity make it vulnerable in an economic downturn.
Cars
from24/7 Wall St.
2 months ago

Is This the Hidden Risk That Ends Carvana's Historic Surge?

Carvana's dramatic stock rebound, driven by retail investor hype, masks risky subprime loan delinquencies and heavy debt that threaten the company's recovery.
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