Carvana’s Q3 earnings beat, but over 100% of net income came from loan sales, with rising subprime risks. Read why CVNA stock is downgraded to hold.

Management reiterated the 3 million units and 13.5% margin goal, but placed greater emphasis on automation, operational leverage, and the expanding digital experience. Analyst focus moved toward ...

CarMax Inc.’s recent profit miss and the stock’s 20% selloff have made analysts at Morgan Stanley question the used-car retailer’s ability to operate in a “competitive” environment — and much more so ...

South Korea’s efforts are part of a widening international crackdown on criminal groups running online fraud schemes from Southeast Asia. By John Yoon and Francesca Regalado Reporting from Seoul South ...

Officials in the US and UK have taken sweeping action against “one of the largest investment fraud operations in history,” confiscating a historic amount of funds in the process. On Tuesday, officials ...

NORTH CAROLINA (WTVD) -- An ITEAM investigation in collaboration with ABC News is exposing scams involving Bitcoin ATMs - kiosks that are popping up across North Carolina and throughout the country.

Grandparent scams are on the rise once again, but this time, AI technology is involved, officials say. AARP Pennsylvania warned residents about the resurgence and offered ways for older adults and ...

Online used-car retailer Carvana’s addition of an inspection and reconditioning center to its existing wholesale auction site in Yaphank will create about 100 new jobs, the company said. The jobs will ...

Carvana’s growing list of combined auction-reconditioning facilities will soon include one in the New York area. The online used-car retailer said it’s adding an inspection and reconditioning center ...

Advanced phishing attacks now target crypto wallets and exchange accounts using sophisticated tactics that exploit user trust to steal private keys or login credentials. To carry out advanced phishing ...

AMSTERDAM — A New Jersey man has been arrested, accused in a scam involving threats of arrest unless the target pays money. Shubh Patel, 23, of Jersey City, New Jersey, was charged with one count of ...

About a month ago, I received a scam email that almost tricked me. It purported to be from PayPal, alerting me to an almost $1,000 charge that was “logged to a new profile.” The message implied that ...