By Benny Morris (Author), Roger Owen (Editor), Edmund Burke (Editor), Michael C. Hudson (Editor), Walid Kazziha (Editor), Rashid Khalidi (Editor), Serif Mardin (Editor)
Consumer borrowing shot up $15.5 billion in June—three times more than projected—in the biggest increase in credit in four years, with credit card and other types of revolving debt rising by $5.21 billion—the largest jump since spring of 2008. (more)