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  • Economists surprised by rise in consumer borrowing (The Record)
    www.northjersey.com
    WASHINGTON — The Federal Reserve says consumers boosted their borrowing in September, defying expectations for a cutback. The Federal Reserve's report, released Friday, says consumer credit increased at a 3.2 percent annual pace in September.
  • Rapids School Board approves $4.4 million short-term loan (Wisconsin Rapids Daily Tribune)
    www.wisconsinrapidstribune.com
    The Wisconsin Rapids School District will borrow $4.4 million for the second consecutive school year to cover payroll costs. The Wisconsin Rapids School Board approved the motion during a meeting Wednesday night. The School District received an interest rate of 3.1 percent, Business Services Director Dan Weigand said. The district uses the money to fill revenue gaps caused by the delay in ...
  • Opinion divided over state’s bailout of construction industry (BizJournals)
    www.bizjournals.com
    Back East, Wall Street, big banks and U.S. automakers get federal government help when they hit the skids — to the tune of more than a $1 trillion in bailouts, equity stakes and loan guarantees.
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