Economists surveyed by The Wall Street Journal expected a $17.2 billion increase in October.
The Fed said consumer credit spiked by USD20.5 billion in October after surging up by a downwardly revised USD19.2 billion in September.
What happened: Credit-card borrowing powered the increase. Non-revolving credit rose at a 5.3% annual rate, or $12.2 billion, compared to September's rate of $13.2 billion. Borrowing in the category that covers credit cards rose by $8.3 billion, up from a $6 billion increase in September and the strongest showing since November.
Household debt totaled $12.955 trillion in the third quarter, up 0.9% from the spring, the Federal Reserve Bank of NY said last month.
Simmons triple-double in loss to Lakers
A 18-7 Sixers run in the fourth cut what was once a 16-point Lakers lead down to four, 92-88, with over six minutes to play. The Lakers bounced back from a five-game losing streak with the win headed into a road game in Charlotte on Snday (AEDT).
Non-revolving credit has been decelerating, in part because the low unemployment rate is attracting younger people into the labor market and reducing the demand for student loans, Shepherdson said.
The solid gains were good signs for strength in consumer spending heading into the holiday shopping season.
Market reaction: Investors don't typically react to consumer credit data from two months ago.
Have you been watching The Game Awards? A place where you can go to escape the vicissitudes of everyday life. Furthermore, Bethesda announced that it will discount all of its latest games this weekend by 50%.
Fans of Job Simulator will be happy to hear that Owlchemy Labs is back with its new game: Vacation Simulator . Owlchemy Labs premiered the game with a trailer shown during The Game Awards 2017 pre-show.
Following the sale, the president now owns 113,007 shares of the company's stock, valued at approximately $4,834,439.46. The textile maker reported $0.77 earnings per share for the quarter, meeting analysts' consensus estimates of $0.77.
Tilley points out that President Trump did fulfill a campaign promise by recognizing Jerusalem as the capital of Israel . However, under Trump's new plan, the US embassy is to be relocated from Tel Aviv to Jerusalem .
In Canada Ontario had the shortage wait time at 15.4 weeks, while New Brunswick ranked the worst with a wait time of 41.7 weeks. British Columbia Health Minister Adrian Dix pointed out that only 343 specialists in the province responded.
President Donald Trump's decision to recognize Jerusalem as the capital of Israel, in the northern Gaza Strip December 7, 2017. On Thursday, Hamas terror group leader Ismail Haniyeh called for a new Palestinian intifada, or uprising.
Finally, the release date for The Legend of Zelda: Breath of the Wild's second expansion was revealed during the Game Awards . Without a Guardian, Link is at a sore disadvantage, but hell he's got this sick new motorbike so who the hell cares.
This new product is seen as possibly appeasing "record-industry executives who have pushed for more revenue from YouTube". At the time, the company was planning to launch the new service later this year.
Apple will be pushing a more permanent fix with iOS 11.2 next week which should restore full functionality and correct the issue. The fix temporarily disables remote access to shared users, which will be restored in a software update early next week.
Gulfport Energy Corp. (NASDAQ:GPOR)
The stock has a market capitalization of $2,340.00, a price-to-earnings ratio of 10.04, a PEG ratio of 0.32 and a beta of 0.69. The average volume for MGM Resorts International (NYSE:MGM) has been 8.14 million shares per day over the past 30 days.
THQ Nordic reveals new survival game, Fade to Silence
Fade to Silence promises dynamic, accumulating snow, real-time snow trails, and completely immersive weather effects. It is set to release on Steam Early Access on December 14, 2017 with a final release scheduled for August 2018.
Game Awards 2017: From Software teases shadows dying
The teaser shows what seems to be some sort of torture device attached to a bone that is shaking due to the tension. Original story: The Game Awards pre-show ended with a glimpse of the next game from the folks at FromSoftware.
Wildfires cause Rams to make contingency practice plans
The Rams' practice schedule for Thursday and Friday has yet to be determined. "A little chink in your armor, if there is any". Ertz has matched up with the Rams only once in his career, back in 2014. "My pops will be there, so that will be cool".
Placing the Spotlight on Russia Bear 3X Direxion (RUSS)
Keeping an eye on Moving Averages, the 50-day is 37.95, the 200-day is at 40.91, and the 7-day is 41.24 for Scholastic Cp (SCHL). On the other side, a stock may be considered to be in a downtrend if trading below the moving average and sloping downward.
How Have Johnson & Johnson (JNJ) Earnings Forecasts Changed?
Hightower Advsrs Ltd Liability Com reported 16,912 shares. (NASDAQ:BZUN) earned "Sell" rating by Zacks on Thursday, September 17. Ltd. now owns 870 shares of the company's stock worth $115,000 after acquiring an additional 200 shares during the period.