Consumer

Chipotle Plans To Give Away More Free Burritos

Darryl Hood,
Posted:

by Darryl Hood

Courtesy: Chipotle NEW YORK (AP) – Chipotle is still giving away free burritos to convince people its food is safe and combat the eeriness of empty stores. The Denver-based chain made its first big push with freebies on Feb. 8 when it closed stores nationwide for a few hours so employees could participate in a food safety meeting after an…

US Consumer Borrowing Growth Slows in January

Darryl Hood,
Posted:

by Darryl Hood

WASHINGTON (AP) – U.S. consumers bumped up their borrowing in January at the slowest rate pace in nearly three years, as outstanding revolving debt – such as credit cards – slipped from December. The Federal Reserve says borrowing rose $10.5 billion in January, an annual increase of just 3.58 percent. That marks the smallest gain since February 2013. Total borrowing…