Maryland's overflowing coffers and low interest rates are tempting some state fiscal leaders to borrow more money for roads and buildings.
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Read More »October 4, 2021 Comments Off on Maryland’s flush finances have some officials pushing for more borrowing
Maryland's overflowing coffers and low interest rates are tempting some state fiscal leaders to borrow more money for roads and buildings.
Tagged with: borrowing Maryland finances
Read More »July 9, 2021 Comments Off on Consumer borrowing surged in May as economy reopened
U.S. consumer borrowing surged by a larger-than-expected $35.3 billion in May.
Read More »December 8, 2013 Comments Off on Car, student loans lead consumer borrowing rise
WASHINGTON — Americans boosted their borrowing in October, led by another big increase in auto and student loans and the biggest rise in credit card debt in five months. Consumers increased their borrowing by $18.2 billion in October to a ...
Tagged with: american Banking Banks borrowing Business consumer credit loans Retail
Read More »September 10, 2013 Comments Off on Study: U.S. could default as early as Oct. 18
WASHINGTON — The United States could default on its obligations as early as Oct. 18 if Washington fails to agree on legislation to raise the government’s borrowing cap, a new study predicted Tuesday. The Bipartisan Policy Center analysis says the ...
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Read More »July 8, 2013 Comments Off on Credit card use jumps in May
WASHINGTON — Americans increased their borrowing in May at the fastest pace in a year. Borrowing in the category that includes credit cards reached its highest point since fall 2010. Increased borrowing typically means that consumers are feeling more confident. ...
Tagged with: borrowing Business business news consumers credit cards debt Economy federal reserve homes Real Estate
Read More »June 9, 2013 Comments Off on Consumer borrowing up $11.1 billion in April
Americans borrowed more in April to attend college and buy cars and were a little less cautious with their credit cards than the previous month. The Federal Reserve said Friday that consumer borrowing rose $11.1 billion in April from March ...
Tagged with: Banks borrowing consumer credit cards debt Economy federal reserve spending united states
Read More »March 19, 2013 Comments Off on Fed likely to back low-rate policies despite gains
WASHINGTON – The U.S. economy is strengthening on the fuel of more job growth, rising home prices and solid retail sales. Just don’t expect the Federal Reserve to let up in its drive to keep stimulating the economy with record-low ...
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Read More »December 7, 2012 Comments Off on Consumer borrowing rises to record $2.75T
WASHINGTON — Americans swiped their credit cards more often in October and borrowed more to attend school and buy cars. The increases drove U.S. consumer debt to an all-time high. The Federal Reserve says consumers increased their borrowing by $14.2 ...
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Read More »September 10, 2012 Comments Off on Americans cut back on borrowing for 1st time in a year
WASHINGTON — Americans cut back on borrowing in July for the first time in nearly a year. Credit card use fell for the second straight month, suggesting many consumers remain cautious in the face of high unemployment and slow growth. ...
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Read More »August 7, 2012 Comments Off on Consumer borrowing rises, but credit card debt down
WASHINGTON — Americans cut back on credit card use in June, a sign that high unemployment and slow growth have made some more cautious about spending. Still, total consumer borrowing increased as many kept taking out loans to buy cars ...
Tagged with: Banking Banks borrowing consumer credit card debt federal reserve bank great recession loans washington
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