SAN FRANCISCO— U.S. retailers are heading into the 2025 holiday season with tempered expectations, as multiple forecasts point to modest sales growth driven largely by higher prices rather than stronger consumer demand.
Fresh Today
WASHINGTON--Following the Trump Administration's recent filing arguing the CFPB is legally prohibited from receiving additional Federal Reserve funds and will soon exhaust currently available funds, reports Thursday indicated that the Bureau plans to transfer all litigation activities to the Department of Justice as a result, America's Credit Unions reported.
WASHINGTON—America’s Credit Unions President and CEO Scott Simpson says the American Bankers Association’s latest push to reopen debate over the credit union tax exemption is not only unsurprising—but a “tragic waste of public energy” at a time when the nation has far more pressing issues to confront.
WASHINGTON—The Defense Credit Union Council is sharply criticizing the American Bankers Association’s new survey calling for Congress to revisit the credit union tax exemption, arguing the banker-backed data is “selective,” “one-sided,” and aimed at undermining the member-owned model that lawmakers have repeatedly upheld.
PLANO, Texas— Foreclosure filings climbed again in October, after sitting at historic lows in recent years, according to new data.
ST. LOUIS — Agricultural lenders report signs of tighter conditions in farm profitability and credit quality in 2025, according to a joint survey conducted by the American Bankers Association and the Federal Agricultural Mortgage Corporation, or Farmer Mac.
PASADENA, Calif.-- Wescom Financial is partnering with ForgiveCo to erase $10 million in consumer debt for Californians residing in areas that were most heavily impacted by the Southern California wildfires that took place in earlier this year, the CU reported.
WASHINGTON--Every day in every corner of the country, credit unions make a noticeable difference in the lives of their members. Yet, despite their impact, credit unions continue to face "blatant" attempts by banks to distort the truth, asserted America's Credit Unions, reacting to a new ABA survey.
MCLEAN, Va.--The 30-year fixed-rate mortgage showed little movement this past week, averaging 6.26%, Freddie Mac reported.
Post-Shutdown Jobs Report Shows Solid Gains As ACU Economist Warns Fed Remains Split On December Cut
WASHINGTON—U.S. employers added 119,000 jobs in September—a stronger-than-expected rebound after earlier reports signaled cooling labor demand.