After unexpectedly surging in July, consumer debt returned to its previous trend and flatlined again in August, signaling ...
Americans have been using their credit cards more than ever this summer. Revolving credit went up by 9.7% in July compared with a year earlier, according to the Federal Reserve. After months of ...
US consumer borrowing increased in August at a slower pace than a month earlier, restrained by the largest drop in credit-card balances since March 2021. Total credit outstanding rose $8.9 billion ...
Americans cut back on the use of credit cards in August in another sign of caution, as households grapple with stubborn inflation, a tougher job market and lingering economic uncertainty tied to U.S.
US consumer borrowing rose in August at the slowest pace in six months, restrained by a pullback in credit-card balances.
U.S. consumer borrowing increased in March by the most in three months, reflecting a pickup in credit-card balances as well as a solid rise in motor vehicle and other non-revolving loans. Total credit ...