A look at some of the key business events and economic indicators upcoming this week: JUST CHARGE IT The Federal Reserve issues its latest snapshot of U.S. consumer borrowing Tuesday. Consumer credit, monthly change, seasonally adjusted, billions of dollars: Nov. 32.0 Dec. 23.0 Jan. 17.0 Feb. 37.7 March 52.4 April 28.0 Source: FactSet Soup’s on Wall Street expects an improved …
Credit card debt grew at the fastest rate in 17 years in April, as households turned to borrowing to deal with rapid price rises. Britons racked up an extra £700m of credit card debt and a further £700m of other loans during April as borrowing grew at an annual rate of 11.6 per cent, the Bank of England reported. Alice …
