Page 5 - Consumer Borrowing News Today

Im sue herrera with your cnbc market wrap. stock markets finishing at their lowest level in a month as that shutdown continues. the dow dropping 136 points. the s&p falling 14. the nasdaq lost 37. consumer borrowing rose $13.6 billion in august due to an increase in car loans. and gas prices fell more than 13 cents over the last two weeks to $3.38 a gallon. shares of lockheed martin went up after the company scaled back the number of furloughed workers by some 20%. and thats it from cnbc. we are...

Barclays story and this man does say he knows a lot about private sector and financing. he ought to be ruffled and bothered by it because it is a huge scandal for people who havent been following it, this is a confidence crisis right at the heart of this huge financial sensor in london and it affects consumers. its not one of those abstract things. the rates barclays were fixing affecting consumer borrowing and lending across the world. its not isolated. the 400 million pound fine. it is frankly...

Were disappointed thursday. fed chief ben bernanke told congress europes debt crisis poses quote significant risk to the u.s. financial system but he did stop short of outlining any specific steps or time line for monetary stimulus. underscoring bernankes comments fitch ratings downgraded spains credit to bbb. two notches from junk status. that turned out to be good news for u.s. government debt crisis which snapped a three-day losing streak. truckmaker navistar international cut its outlook. ...

When you open a new account or roll over an old 401(k). so whos in control now, mayans? im amanda drury with your cnbc market wrap. the dow gained 78 points today. the s&p was up 9. and the nasdaq added 25. on the economic front employers added 216,000 jobs to their payrolls last month. according to the processing firm adp. student loans helped to boost consumer borrowing by nearly $18 billion in the month of january. and apple unveiled its ipad 3 earlier called the new ipad. a lighter, better...

New here is your first look at how wall street will kick off the day. dow opens at 12,878 after gaining 33 points. the s&p up two points and the nasdaq was also up two. taking a look at overseas trading this morning, in noek, the nikkei -- in tokyo the nikkei climbed 98 points while in hong kong the hang seng jumped 319. investors watching more earnings reports today and keeping an eye on talks of greek debt. the rising wall street stocks tuesday took the dow to its highest level since may of ...

hour for the states primary. you are looking at the cnn express bus. gingrich is creeping up. romney is still the front-runner. today, the two battle it out at breakfast. they will both be at the same diner at the same time. well begin talking to tommy or tommys ham house live this morning. imagine being stuck in a greyhound station for more than 17 hours. thats what happened to these people after a winter storm moved in. heavy snowfall is expected today in parts of the u.s. reynolds...

Mean for the economy going forward? >> chris, consumer borrowing, yes, leads by the most in ten years. the era of reductions that has held back the economy for years might be entering a new and moderate phase. its also part of the hope fatigue. households seem more willing to take on debt after years of paring back and being frugal. credit card balances, which the feds regard as revolving credit, rose by 8.5%. its a double edge sword. it may be part of the economy and willingness to spend, but n...

im erin burnett, tonight, live from a seasonably chilly new hampshire. polls open less than 12 hours in the states gop primary. the second contest in the race to the white house. its romneys race to lose here tonight. we went to some of the campaign headquarters today. we talked to volunteers, went into a cigar shop and i smell a little bit, and we found a motivated elector and passion for a guy that a lot of people say doesnt spark passion. now, we got some good shots of the candidate...

it started at midnight. mississippi governor, he pardoned four convicted killers on his way out from office. they were all serving life sentences in murder cases. all of them had also worked in a special program at the governors mansion. >> and im not sure if you saw these pictures, but awesome. check this out. this is a tanker with ice cutters trying to plow through the alaskan ice because its got a critical shipment of fuel. and its headed towards an alaskan city that really, really ...

Axelrod and others and now carney, the press secretary, and others who compete for attention trying to drive things through like how do you negotiate with the republicans when they are is locked in place in terms of opposition. and for use his -- using all of his socializing, he is not adept at dealing with egos and power inside that white house so three months ago, they made him into the guy who was supposed to be the long-term, the long-view person. essentially at that point he was out to pass...