NEW YORK — Wall Street finally got the deal it’s been waiting for. A last-minute agreement to keep the U.S. from defaulting on its debt and reopen the government sent the stock market soaring Wednesday, lifting the Standard & Poor’s ...

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NEW YORK — The nation’s largest manager of money market mutual funds said Wednesday that it no longer holds any U.S. government debt that comes due around the time the nation could hit its borrowing limit. Money market portfolio managers ...

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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 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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LOS ANGELES — Americans remain stingy about carrying credit card balances and are making more of an effort to make timely payments, trends that have helped whittle the rate of late payments on credit cards down to the lowest level ...

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WASHINGTON — Senators are ready to offer students a better deal on their college loans this fall, but future classes could see higher interest rates. The Senate could vote as early as Thursday on a bipartisan compromise that heads off ...

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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. ...

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WASHINGTON — College students taking out new loans for the fall term will see interest rates twice what they were in the spring — unless Congress fulfills its pledge to restore lower rates when it returns after the July 4 ...

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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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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 ...

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