US Consumer Borrowing Jumps on Surge in Credit-Card Balances – Yahoo Finance
(Bloomberg) – U.S. consumer borrowing rose more than expected in October, reflecting the largest increase in credit card balances since mid-2022. Most Read Articles on Bloomberg Total credit outstanding rose $19.2 billion after a $3.2 billion increase in September, according to data released Friday by the Federal Reserve. The median forecast in a Bloomberg survey […]
JPMorgan in talks with Apple to take over credit-card program: report
JPMorgan Chase is in talks with Apple about taking over the tech giant's credit card business from Goldman Sachs. The Wall Street Journal reported. Tuesday. Talks reportedly began earlier this year and have progressed in recent weeks, but an agreement could still be several months away. Key details, including price, are reportedly still under negotiation. […]