Newsroom Headlines

  July 9, 2003   U.S. Consumer Credit Rises $7.34 Billion in May, Fed Reports U.S. consumer debt rose in May as consumers rang up more charges on their credit cards, according to Federal Reserve

  July 8, 2003   U.S. Consumer Debt Seen Rising at Slower Pace Growth in U.S. consumer credit may have slowed in May as the economy emerges from recession, economists said in advance of today's report

  July 7, 2003   Asbestos Reform Negotiations to Continue This Week Negotiations on the asbestos litigation reform bill will continue this week, ahead of a planned markup session on Thursday during

  July 3, 2003   Economists Forecast A Second-half Rebound; Jobless Rate Increases Tax cuts and improving business profits should lead to a long-awaited economic rebound in the second half of the year

  July 2, 2003   Judiciary Committee Schedules Hearing on WorldCom The Senate Committee on the Judiciary will hold a hearing on Tuesday, July 15, at 10 am in room 226 of the Dirksen Senate Office

  July 1, 2003   Bush Administration Supports Extension of FCRA Treasury Secretary John Snow on Monday said the Bush administration supports a permanent extension of the Fair Credit Reporting Act

  June 30, 2003   Consumers Spending More as Prices Fall U.S. consumer optimism faded in June as worries about jobs hurt confidence, but separate figures for the previous month showed spending had

  June 27, 2003   Senate Panel Postpones Final Asbestos Bill Vote A Senate panel on Thursday agreed to increase the size of a proposed fund to compensate asbestos victims to $153 billion to answer

  June 26, 2003   Fed Cuts Rates Quarter-point The Federal Reserve cut a key short-term interest rate yesterday by a one-quarter percentage point to its lowest level in 45 years. Federal Reserve

  June 25, 2003   Consumer Confidence Better Than Expected U.S. consumer confidence was broadly unchanged in June, contrary to expectations, as cautiousness over business conditions tempered optimism