Written by Consumer borrowing in the U.S. declined for a sixth straight month in July, indicating Americans are reluctant to take on more debt without faster job growth. READ MORE »
Posts tagged JPMorgan
Imports surge in China
China’s imports leapt in August, boding well for a strengthening of domestic demand in an economy that has become a major driver of global growth. READ MORE »
US Stocks Rise Slightly, Led By Financials, Energy; DJIA Up 19
U.S. stocks rose slightly Wednesday as the financial sector rallied on a rosy forecast from State Street Corp. and an increase in crude lifted energy stocks, but the gains were small as disappointing manufacturing data out of Germany weighed. READ MORE »
Home Prices in 20 U.S. Cities Rose More Than Forecast
Home prices in 20 U.S. cities rose more than forecast in May from a year earlier as a government tax credit temporarily underpinned sales. READ MORE »
Euro Snaps Six-Week Drop Versus Yen as Risk Appetite Increases
The euro ended its longest stretch of weekly losses against the yen since the shared currency was created as investor appetite for riskier assets improved on signs Europe’s debt crisis is unlikely to derail global growth. READ MORE »