U.S. consumers appear to be getting bit less frugal: The amount of consumer credit in use unexpectedly rose in October for the second straight month. But the whole rise came from non-revolving debt, which includes auto loans an…
On Thursday night, venture capitalist and DailyFinance columnist Peter Cohan went on CNBC’s The Kudlow Report to debate whether the banking industry is at the start of a period of recovery, as Goldman Sachs claimed this week. H…
On Thursday night, venture capitalist and DailyFinance columnist Peter Cohan went on CNBC’s The Kudlow Report to debate whether the banking industry is at the start of a period of recovery, as Goldman Sachs claimed this week. H…
U.S. credit card delinquencies fell in October to the lowest levels of the year as more people were able to restart payments on their consumer debt, The Wall Street Journal reported, citing company filings.
Con…
Consumer credit unexpectedly rose by $2.1 billion in September, at an annualized rate of 1.1%, to $2.412 trillion, the U.S. Federal Reserve announced Friday. But the rise was only a partial victory for those who argue that credit expansion is required …