Fed, worried about slowdown, leaves rates unchanged
USA Today - Higher interest rates make it more expensive to borrow money, so consumers with variable-rate loans, such as credit card debt and adjustable rate mortgages, are some of the biggest beneficiaries of the Fed's pause. Stock investors may also benefit if
Source: www.usatoday.com

After 2 years, Fed leaves rate alone at 5.25%
NW Arkansas Times - The pause will be of some relief to consumers who are re- lying more on credit-card debt. Consumer borrowing unexpectedly accelerated in June as consumer credit, or nonmortgage loans to individuals, rose $ 10. 3 billion to $ 2. 19 trillion. Rising
Source: www.nwarktimes.com

Colleges Warn About Networking Sites
WINK TV - Incoming college students are hearing the usual warnings this summer about the dangers of everything from alcohol to credit card debt. But many are also getting lectured on a new topic _ the risks of Internet postings, particularly on popular social
Source: www.winktv.com

Business in Brief
Arizona Daily Star - For June, borrowing on revolving credit the category that includes credit card debt rose at an annual rate of 9.8 percent, following an even bigger 11 percent gain in May.
Source: www.azstarnet.com

BUSINESS BRIEFS
Richmond Times-Dispatch - WASHINGTON — Americans increased their borrowing in June at a much faster pace than expected, with the rise led by higher credit-card debt. The Federal Reserve reported yesterday that consumer borrowing rose at an annual rate of 5.7 percent in June
Source: www.timesdispatch.com