Fox Business
Expand
Browse All Video
Watch Live

You're watching...

Consumer Borrowing Hits Record $2.75T in October

Details

  • Description

    FBN’s Robert Gray on the rise in consumer borrowing in October.

  • Duration 0:51
  • Date

Clips

Also in this playlist...

Latest Video

Auto-advance: ON

Auto-advance
View All

Transcript

This transcript is automatically generated

-- -- -- -- -- This -- streets consumer debt climbed to an all time high in October the Federal Reserve's has total borrowing rose to a record two point eight trillion dollars.

US Airways last month reportedly sitting merger proposal to American Airlines and its creditors.

The Wall Street Journal reports the -- is an all stock deal 70% would go to Americans creditors and -- remaining stock US Airways.

Now if all goes well the combined airline would be valued at nearly eight billion dollars.

And even high profile titles could not stop the console videogame sales slump in November.

NPD group reports overall sales were down 11% from the same time a year ago.

A number of publishers released Blockbuster titles last month ahead of the holidays including new installments in the call of duty and halo and assassin's creed franchises.

Load More