Consumer Credit
WASHINGTON - Consumer borrowing fell again in August as consumers cut back on credit card use for the 24th consecutive month, the Federal Reserve said Thursday.
WASHINGTON - Consumer borrowing fell again in July as households cut back on their credit card use for a 23rd consecutive month, adding more drag on an economy struggling to mount a sustained rebound.
WASHINGTON - Consumer borrowing fell in June for a fifth straight month as households keep cutting back on credit card use.
NEW YORK - The battle over financial regulation is finally over.
NEW YORK - Discover Financial Services said Thursday that it returned to profitability in its fiscal second quarter as consumers spent more with their credit cards.
