Stock market

Subprime Auto Loans Make Wall Street Rich as Borrowers Struggle

Bloomberg28 September 2026, 22:23 UTCUnited States of America

Data show lenders used different tactics, extending terms or repossessing cars quickly, to keep their investors happy. Neither approach is great for customers. Paige Smith and Ann Choi report. (Source: Bloomberg)

Read the full story at Bloomberg Open in the live monitor

Related discussion groups

No group discusses this yet. Start a discussion group and attach this story.

More news about United States of America

America shut out Chinese EVs. Britain welcomed them — and now faces a difficult choiceCNBC8 October 2026, 05:30 UTCUnited States of AmericaEconomic dataBritain faces a finely balanced choice over whether to follow the EU in imposing tariffs on Chinese EVs.
US and Lebanon protecting wanted Syrian general, BBC findsBBC8 October 2026, 05:00 UTCUnited States of AmericaBassam al-Hassan, linked to reporter Austin Tice's abduction, is being sheltered in return for information.
Trump interrupted by protesters at Texas rallyAl Jazeera8 October 2026, 04:30 UTCUnited States of AmericaGovernment leadersAt least 10 protesters were removed from a Trump rally in San Antonio as he was heckled during his speech.
Wife of ex-Venezuelan President Nicolás Maduro seeks release from US jail - The Boston GlobeGoogle News8 October 2026, 04:15 UTCUnited States of AmericaWife of ex-Venezuelan President Nicolás Maduro seeks release from US jail The Boston Globe
United States • US agencies distance themselves from digital forensics firm - Intelligence OnlineGoogle News8 October 2026, 04:04 UTCUnited States of AmericaUnited States • US agencies distance themselves from digital forensics firm Intelligence Online
How a trillion-dollar hedge fund borrowing spree became Wall Street’s cash cowFinancial Times8 October 2026, 04:00 UTCUnited States of AmericaStock marketBanks’ trading businesses are booming, but post-crisis regulation means it is no longer them placing the bets
Can Democrats win back blue-collar voters? Ohio will answer - Financial TimesGoogle News8 October 2026, 04:00 UTCUnited States of AmericaCan Democrats win back blue-collar voters? Ohio will answer Financial Times
Can Democrats win back blue-collar voters? Ohio will answerFinancial Times8 October 2026, 04:00 UTCUnited States of AmericaGovernment leadersDonald Trump’s Republicans try to hold their gains in America’s industrial heartland

More on Stock market

Vietnam’s Stock Market Surpasses 14 Million Accounts — Now No. 2 in Southeast Asia - The International Investor | Eric JuradoGoogle News8 October 2026, 04:40 UTCVietnamStock marketVietnam’s Stock Market Surpasses 14 Million Accounts — Now No. 2 in Southeast Asia The International Investor | Eric Jurado
Big investors ‘bottom fish’ in Eurozone bond markets after France sell-offFinancial Times8 October 2026, 04:00 UTCFranceStock marketFears of a blow-up similar to the Eurozone debt crisis have been overdone, asset managers say
Indonesia sovereign wealth fund calls for stock market transparencyFinancial Times8 October 2026, 04:00 UTCIndonesiaStock marketDanantara’s chief investment officer says domestic institutions will support market that has been the world’s worst performer this year
Indian shares open lower as hawkish RBI rate hike, rising oil dent sentiment - ReutersReuters8 October 2026, 02:23 UTCIndiaStock marketIndian shares open lower as hawkish RBI rate hike, rising oil dent sentiment Reuters
Singapore Banks’ Hot Rally Stutters Over Surging Bond YieldsBloomberg8 October 2026, 02:03 UTCSingaporeStock marketSingapore bank shares extended declines for a second day after JPMorgan Chase & Co. warned that surging long bond yields will hurt third-quarter earnings for Southeast Asian lenders.
Micron shares gain as investors brush off Taiwan labor strike fears By Investing.com - Investing.comGoogle News8 October 2026, 01:10 UTCTaiwanStock marketMicron shares gain as investors brush off Taiwan labor strike fears By Investing.com Investing.com