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Tag Archives: debt

Americans cut back on credit cards for 3rd month

WASHINGTON — Americans cut back on using their credit cards in August for a third straight month, a sign that consumers remain cautious about spending. Consumers increased their borrowing $13.6 billion in August to a seasonally adjusted $3.04 trillion, the ...

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Sinclair announces new borrowing plan

Sinclair Broadcast Group Inc., of Hunt Valley, an independent television broadcasting company, said its wholly owned subsidiary, Sinclair Television Group Inc., intends to raise incremental term loans and revolving commitments and amend certain terms under its existing bank credit facility, primarily to pay for previously announced acquisitions and repay outstanding debt.

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S&P boosts outlook for government’s long-term debt

WASHINGTON — Standard & Poor’s Ratings Services upgraded its outlook Monday for the U.S. government’s long-term debt. S&P cited the government’s strengthened finances, a recovering U.S. economy and some easing of Washington’s political gridlock. The credit rating service raised its ...

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