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GM to recall 231,000 vehicles with fire hazard
WASHINGTON, Feb. 7 (UPI) -- Consumer borrowing rose in the fourth quarter although credit card debt was little changed, the U.S. Federal Reserve said Thursday.
The Fed said total borrowing rose 6.5 percent on a seasonally adjusted annual rate with non-revolving credit -- which includes auto loans, personal loans and student loans -- up 9.4 percent and revolving credit up 0.1 percent.
The fourth quarter ended with total consumer debt at $2.747 trillion -- $1.928 trillion in non-revolving debt and $849.8 billion in revolving debt.
Consumer credit rose at an annual rate of 6.25 percent in December, the Fed said.
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CHICAGO, June 18 (UPI) --
More than 20 activists were arrested in Chicago Monday while demonstrating against the Keystone XL oil pipeline, an advocacy group said.
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PARIS, June 18 (UPI) --
A new system for indirect precision attack for land and naval forces has been unveiled at the Paris Air Show by European missile systems company MBDA.
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Properties repossessed by lenders in the first quarter took an average of 477 days to complete the foreclosure process, up from 414 days in the previous...
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Nobody likes spending cuts but the champion of that attitude is clearly President Barack Obama, who seems to have a very clear pain-avoidance agenda.
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