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  • AP Top Financial News At 2:16 p.m. EDT Thursday, 14 Aug 2014 | 2:16 PM ET

    Eurozone recovery grinds to halt amid Ukraine fear Wal-Mart cuts profit outlook Berkshire Hathaway stock tops $200,000 US stocks creep higher following earnings news GE in talks to sell historic appliance division US fund says no deal to end Argentina default Online sites shake up hidebound retailing in India Shell sells shale gas rights for $2.1 billion NewLink Genetics: Ready to test Ebola vaccine NY Fed: US auto loans soar to highest in 8 years

  • AP Top Financial News At 1:14 p.m. EDT Thursday, 14 Aug 2014 | 1:14 PM ET

    Eurozone recovery grinds to halt amid Ukraine fear Berkshire Hathaway stock tops $200,000 Wal-Mart cuts profit outlook US stocks creep higher following earnings news US fund says no deal to end Argentina default Online sites shake up hidebound retailing in India US jobless aid applications rise to 311,000 Average US 30- year mortgage rate at 4.12 percent NY Fed: US auto loans soar to highest in 8 years NewLink Genetics: Ready to test Ebola vaccine

  • NY Fed: US auto loans soar to highest in 8 years Thursday, 14 Aug 2014 | 11:15 AM ET

    WASHINGTON— U.S. auto loans jumped to the highest level in eight years this spring, fueled by a big increase in lending to risky borrowers, according to a report Thursday by the Federal Reserve Bank of New York. This spring, banking regulators at the Office of the Comptroller of the Currency said that "signs of increasing risk are evident" in auto lending.

  • Aug 7- Santander Consumer USA Holdings Inc said it has recently received a civil subpoena from the U.S. Department of Justice related to its nonprime auto loans. FIRREA, the Financial Institutions Reform, Recovery and Enforcement Act, allows the Justice Department to sue over fraud affecting a federally insured financial institution.

  • US subpoenas GM Financial over subprime loans Monday, 4 Aug 2014 | 12:40 PM ET
    A General Motors logo at the General Motors Technical Center, June 5, 2014 in Warren, Michigan.

    GM received a subpoena from the US Department of Justice requesting information about the company's use of subprime automobile loan contracts.

  • WASHINGTON, Aug 4- The U.S. government is investigating General Motors Co's auto financing arm over subprime auto loans it made and securitized since 2007, the company disclosed on Monday. General Motors Financial Co Inc said it was served with a subpoena from the Department of Justice directing it to turn over documents related to underwriting criteria.

  • GM unit gets subpoena over subprime auto loans Monday, 4 Aug 2014 | 11:28 AM ET

    Aug 4- General Motors Co's auto financing arm said it received a subpoena from the U.S. Department of Justice to produce documents related to subprime auto loans since 2007..

  • NEW YORK, July 29- Ally Financial Inc reported a bigger-than-expected quarterly profit on Tuesday as auto lending jumped 11 percent to the second-highest level in the company's history. The former financing arm of General Motors Co said it had earned $323 million, or 54 cents per share, in the second quarter.

  • Raising the red flag on subprime auto loans     Friday, 25 Jul 2014 | 4:33 PM ET

    CNBC's Phil LeBeau; John Berlau, The Competitive Enterprise Institute; and the "Closing Bell" panel discuss if the rise in subprime loans will trigger another crisis.

  • Blooming bubbles in credit bear an eerie similarity Friday, 25 Jul 2014 | 8:13 AM ET

    This time it is auto loans, not the housing market, that appear to be driving a credit bubble similar to the 2008 bubble. FT reports.

  • Wells Fargo CEO bullish on autos     Thursday, 17 Jul 2014 | 7:49 AM ET

    This will be the best auto year probably in the last eight or nine years, predicts John Stumpf, Wells Fargo CEO, sharing his expectations on the auto industry. And AutoNation's Mike Jackson, weighs in.

  • Bank of America to lower threshold for rewards Monday, 23 Jun 2014 | 5:31 AM ET
    Bank of America

    Bank of America will announce it will lower the threshold for consumers who qualify for discounts on loans and other benefits.

  • Auto loan average length surges     Monday, 2 Jun 2014 | 3:47 PM ET

    CNBC's Phil LeBeau reports on the new ways customers are financing their vehicles.

  • Credit default rates at post-recession low Tuesday, 20 May 2014 | 1:13 PM ET

    Americans defaulted at the lowest rates last month since before the recession rocked the U.S. economy, according to a new report.

  • 'Best way' to create systemic poverty     Friday, 16 May 2014 | 2:53 PM ET

    Jeff Snider, Alhambra Investment Partners, says the growth in auto and student loan debt are the best ways to create systemic poverty in the U.S.

  • Ally Financial hits the big board     Thursday, 10 Apr 2014 | 10:14 AM ET

    Ally Financial is debuting on Wall Street. Michael Carpenter, Ally CEO, discusses the company's IPO pricing range and why the bank chose to go public and not sell.

  • Record breaking auto loans     Tuesday, 4 Mar 2014 | 4:35 PM ET

    CNBC's Phil LeBeau reports the average auto loan is now averaging $27,430 according to Experian. The "Closing Bell" panel provides perspective on the data.

  • Record breaking auto loans     Tuesday, 4 Mar 2014 | 2:45 PM ET

    CNBC's Phil LeBeau reports the average auto loan is now at an all-time high.

  • Longer term auto loans in style     Tuesday, 4 Mar 2014 | 10:58 AM ET

    CNBC's Phil LeBeau details the latest new car loan data.

  • Alec Gutierrez, Senior Market Analyst, Automotive Insights at Kelley Blue Book said low rates and enticing lease offers have helped to get consumers back into auto showrooms.