US consumer credit in February recorded its biggest increase in half a year as consumers borrowed money for cars and student loans, a Fed report showed.
US consumer credit in February recorded its biggest increase in half a year as consumers borrowed money for cars and student loans, a Fed report showed.
"Am I a great investor? Not yet," Pimco's Bill Gross writes in an essay titled "Man in the Mirror." The real test of greatness will be adapting to a new era once the epoch of credit expansion comes to a close.
Brian Reynolds, chief market strategist at Rosenblatt Securities, tells CNBC he prefers equities to credit as he expects the stock market rally seen in the first quarter to continue in the new one.
Marc Faber, Editor & Publisher of The Gloom, Boom & Doom Report says China's pace of growth depends on whether authorities can deflate the nation's massive credit bubble.
The Federal Trade Commission put out a damning report on the three major consumer credit reporting agencies. Steve Wagner, Experian U.S. Credit Bureau president, responds.
Frederic Neumann, MD & Co-Head of Asian Economics Research at HSBC, sounds a warning over Asian growth being increasingly driven by increases in credit.
Five percent of U.S. consumers have an error on their credit report that "could lead to them paying more for products such as auto loans and insurance," the Federal Trade Commission said Monday, as it issued a long-awaited study of credit report accuracy.
CNBC's Gary Kaminsky offers insight on his interview with real estate investor Sam Zell; and Eric Grubman of the NFL, says there is a "tremendous amount of interest" in Sunday's Super Bowl game.
A mortgage analyst says, "The thought is that there are a bunch of homeowners on the fence who haven't refi'd who will all jump in thinking they will miss out. The theory is 100 percent nonsense."