US consumer borrowing up $24 billion in May
WASHINGTON (AP) — Americans increased their borrowing in May at the fastest pace in a year and a half, boosted by a big increase in credit card borrowing. Consumer debt rose $24.5 billion in May after an increase of $10 billion in April, the Federal Reserve reported Monday. It was the biggest monthly increase since … Continue reading US consumer borrowing up $24 billion in May
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