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shepard: a record number of americans is behind or car payments. that s according to the u.s. federal reserve. the number of people 90 days late is higher than when americans were recovering from the great recession. susan li reporting. alarm bells ringing. absolutely, shep. we re looking at the highest delinquency rate since 2012. a familiar word again, subprime. those with the weakest credit find behind in the final three months of last year. the highest in nine years and economists says this shows that even though the u.s. is probably growing at its fastest rate, not everybody is benefitting. 17 million vehicles sold last year, hovering at records. another 16 million vehicles sold this year as well. ....
Susan li reporting live in new york. hi, shep. no paycheck, but bills and mortgages of course still need to be paid. first, if you need cash or a loan, we have several businesses that are offering to extend that to federal workers so if you have a paypal account, the online payment company is offering $500 interest free up to $25 million. that s the amount that they re giving away. u.s. bank, navy federal union, old national, the u.s. employees credit union all offering interest-free loans to qualifying workers being impacted by the shut down. what about credit card payments? not being able to pay it off. if you re not getting paychecks, bank of america, chase, wells fargo, allied financial and discover. they say give them a call and they can try to work out payment deferrals on your visa cards and plastic cards. all the major telephone companies like verizon, at&t, t-mobile have been offering flexible payment plans for those being impacted by the partial shut down. if you re hungry, ....
Company more than $30 billion. fox business network s susan li reporting at the new york stock exchange. shep, the stock is crashing today. it s rare for a public utility to be filing for bankruptcy protection. in p&g s case there s clapping here on the new york stock exchange. it s loud. but now they have taken public backlash and liability for their role in the deadly california wild fires and also a gas pipeline explosion. the company didn t have a choice but to file for bankruptcy protection. pg and e is california s largest utility and provide electricity and natural gas to 15 million homes across the state. in a statement today, they said the power will stay turned on despite the fact of the impending bankruptcy filing. they said they re committed to providing safe natural gas and electricity to their customers. as i mentioned, pg&e are facing ....
The fox business network susan li reporting live at the new york stock exchange with more. susan? here we are in the final hour of trade usually where the action takes place. we re in for another substantial sell-off today. apple spooking the markets. they did something that they haven t done in 15 years, which is to tell us that they re going to make less money than anticipated and because apple is such a big heavyweight, a big company when it sells off having the worst day in six years, it takes the rest of the u.s. markets along with it. the problem for apple, china. slowing iphone sales in the world s second largest economy. if the most successful u.s. company is having problems in china, what does that mean for other companies trying to make money in that country, trace. trace: it was like the fourth most popular brand in china now, which is a drop. manufacturing is dragging down the markets, too. ....
On in europe. shepard: so maybe progress on china tariffs. the government may be retaliating after canada arrested a tech executive. reports that china detained a former diplomat that works with that group. china warned canada, you ll pay a heavy price if you do not release the chief financial officer of the huawei. u.s. intelligence officials have been saying that huawei has been using their devices to spy. u.s. officials are trying to bring her to the u.s. for trial. today she s in court in canada for a bail hearing. the fox business network susan li reporting. developing news on this. hi, susan. yes, huawei s cfo back in court in canada. the judge wanted another day to ....