Linda Young – AHN News Writer Washington, D.C., United States (AHN) – Consumer borrowing in the United States rose in November by more than analysts had expected, fueled by purchases of cars and other items. Spending rose by $20.4 billion to $2.48 trillion, which was the largest monthly increase since November 2001, according to the [...]
Archive for the ‘Loans’ Category
U.S. consumer borrowing rises in November
January 11th, 2012 
davidguide 
Posted in Loans 
Tags: AHN, d c united, federal reserve, linda young, median estimate, news writer, writer washington 
Comments OffItaly’s government finds borrowing costs remain high
December 30th, 2011 davidguide Linda Young – AHN News Writer Rome, Italy (AHN) – Italy’s borrowing rate came down slightly at its latest bond auction, but still remained high with investors worried over the eurozone debt crisis. Interest rates on 10-year bonds dropped by only 0.5 percentage points from the yield prices on debt auctioned in November. However, economists [...]
Posted in Loans Tags: 10 year bonds, AHN, auction, bond auction, Borrowing, Debt, debt crisis, government bonds, linda young, pair trading, percent, rome italy Comments OffU.S. stocks little changed early after durable goods report
December 24th, 2011 davidguide Diane Alter – AHN News Reporter New York, NY, United States (AHN) – U.S. stocks opened higher Friday after a mixed November durable goods orders report that showed a 3.8 percent increase, the most in four months. In light trading, just after the opening bell, the Dow Jones Industrial Average was up 15 points, the [...]
Posted in Loans Tags: AHN, dow jones industrial, dow jones industrial average, durable goods orders, durable goods report, equipment, holiday, news, percent, political gridlock, tokyo exchange, troy ounce Comments OffTreasury sells 30-year bonds at record lows
December 18th, 2011 davidguide Diane Alter – AHN News Reporter New York, NY, United States (AHN) – The U.S. Treasury Department sold $13 billion in 30-year bonds Wednesday at a record low yield of 2.925 percent. Despite the debt security having the lowest yield on record, investors in the U.S. and around the world still have a hearty appetite [...]
Posted in Loans Tags: AHN, central banks, Debt, debt security, domestic money, hearty appetite, percent, record lows, Security, u s treasury, u s treasury department, yield Comments OffMoody’s downgrades top three French banks
December 12th, 2011 davidguide Linda Young – AHN News Writer Paris, France (AHN) – Moody’s announced Friday it was downgrading the credit rating of all three of France’s top banks because of the difficulty they have borrowing money. Credit Agricole and BNP Paribas went down one notch from a Aa2 rating to Aa3, which is the fourth-highest investment grade [...]
Posted in Loans Tags: Agricole, AHN, bank societe generale, bnp paribas, Borrowing, european banks, french banks, linda young, liquidity, money market funds, Moody, negative outlook Comments OffUS stocks look to extend last week’s impressive gains
December 6th, 2011 davidguide Diane Alter – AHN News Reporter New York, NY, United States (AHN) – U.S. stocks opened up on Monday morning as investors and traders look to extend last week’s strong rally. Just after the opening bell on Wall Street, the Dow Jones Industrial Average climbed 157 points, the Standard & Poor’s 500 Index rose 18 [...]
Posted in Loans Tags: AHN, central banks, dow jones industrial, dow jones industrial average, european banks, hefty profits, impressive gains, Industrial, Jones, morning, percent, stagnant economy Comments OffObama sends Europeans back home with empty promises
November 30th, 2011 davidguide Tejinder Singh – AHN News Correspondent Washington, DC, United States (AHN) – The United States-European Union summit here ended without any fiscal help emerging from the U.S. as ambassadors from both sides provided a read-out of the meeting while the host president brushed aside chances of any news-making headlines emerging. President Barack Obama, along with [...]
Posted in Loans Tags: AHN, american reluctance, Debt, economy, european commission president, european union summit, free market economies, home, international monetary fund, international monetary fund imf, Press, william kennard Comments OffGerman bond sales fizzle
November 24th, 2011 davidguide Linda Young – AHN News Writer Berlin, Germany (AHN) – Sale of German bonds flopped with Wednesday’s auction resulting in only selling $4.82 billion worth of 10-year bonds, while Germany had sought to sell $8.1 billion worth. That caused yields on those bonds to rise above 2 percent. Although the German sovereign debt is considered [...]
Posted in Loans Tags: 10 year bonds, bond sales, debt market, german bonds, german officials, linda young, risk aversion Comments OffEurope’s lust for gold continues
November 18th, 2011 davidguide Diane Alter – AHN News Reporter New York, NY, United States (AHN) – Despite rising and record prices, gold continues to shine, especially overseas. The European sovereign debt crisis has spurred a gold rush across the continent. The World Gold Council reported Thursday that investors in Europe purchased a record $6.2 billion in gold bars [...]
Posted in Loans Tags: AHN, economic uncertainties, gold bugs, gold demand, gold supply, inflation worries, ounce, percent, period, rush, troy ounce, world gold council Comments OffStocks rise Friday on consumer confidence, Italy vote
November 12th, 2011 davidguide Diane Alter – AHN News Reporter New York, NY, United States (AHN) – U.S. stocks celebrated Veteran’s Day will a strong rally. Helping markets advance was a report that showed a better than expected rise in the Consumer Confidence Index and a vote in Italy on its debt reduction plan. At 3 p.m., with just [...]
Posted in Loans Tags: AHN, commodity markets, Confidence, consumer, consumer confidence index, Debt, debt reduction plan, dow jones industrial, dow jones industrial average, steep losses, troy ounce gold, Vote Comments Off