Consumer credit jumps in December

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Consumer credit jumps in December

The numbers: Consumer borrowing surged in December, as consumers used credit cards to make holiday purchases, according to Federal Reserve data released Friday. Total consumer credit increased $22.1 billion. That’s an annual growth rate of 6.3%, …
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Cuyahoga County proposes $14M incentive package for Sherwin-Williams

CLEVELAND, Ohio — Cuyahoga County proposes giving a $14 million grant to Sherwin-Williams to keep the Fortune 500 company based in Northeast Ohio. In return, the county asks that Sherwin-Williams keep an unspecified number of jobs in Cuyahoga …
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Wyden welcomes word of hemp farmer disaster insurance

WASHINGTON (KTVZ) — Sen. Ron Wyden, D-Ore., said Friday a U.S. Agriculture Department announcement detailing two risk management programs protecting farmers’ hemp crops from natural disasters takes a significant step to achieve a key piece of his …
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The 2021 Cadillac Escalade Leads With the Tech

Cadillac brought its all-new, bigger, and more luxurious 2021 Escalade to New York on Feb. 5, and although the assembled journalists didn’t get a ride (Manhattan’s congested streets make that a perilous undertaking), we did get to play with the three screens …
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Goldman Sachs Says the Cloud-Software Stock Workday Is a Top Idea

Workday shares have lagged behind the market. Goldman Sachs believes the relatively weak returns make the stock a great buying opportunity. The company’s shares have risen just 3% over the past year, versus the S&P 500’s 23% return in the same period …
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