Finance Latest News: Pace of Consumer Borrowing Climbs, a Sign of Confidence

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The Federal Reserve said Americans spent $19.6 billion more using credit in May than in April, the largest rise since May 2012. In the new trailer for The Lifeguard, Kristen Bell is voluntarily living every 30-year-old's worst nightmare: moving back in with their parents. Bell plays Leigh, a reporter that leaves her life in New York City to go back home to her high school job as a lifeguard and begins a relationship with a minor. The indie will be released to VOD on July 30, and in limited release on Aug. 30. One has to welcome the European Central Bank's bold break with tradition last week by announcing that it plans to keep interest rates low for an extended period of time.
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