TYSONS, Va.—The PenFed Foundation has launched the Veteran Entrepreneur Investment Program (VEIP) Military Women Startup Accelerator, which seeks to prepare and empower military women-run startups and small businesses through a free workshop series.
Fresh Today
How Can New No-Interest Credit Cards Be More Expensive Than Cards With APRs? Two Banks Offer Answers
SYDNEY, Australia—Two banks in this country have now rolled out a new offering with a feature believed to be a first: a no-interest credit card.
WASHINGTON–Incoming Treasury Secretary Janet Yellen told the Senate it’s “critically important” that Congress act now to pass more economic relief to help the country recover from the coronavirus pandemic, while also fielding questions over the growing federal deficit and plans by President-Elect Joe Biden to raise taxes.
ST. PETERSBURG, Fla.–Federal stimulus payments helped to drive strong spending on credit union-issued plastic—with members also checking balances at ATMs—according to new analysis released by PSCU.
ARLINGTON, Va.—Total retail sales declined for the third consecutive month in December, dropping 0.7% after a 1.4% decline in November 2020. Of note, the November number was revised down 0.3 percentage points.
WASHINGTON—Several Federal Reserve Board governors have recently provided their own economic updates, providing insights into the central bank's view of the economy and its policy-setting efforts.
LENEXA, Kan.–Two more credit unions have announced big year-end bonuses amounting to more than $23 million combined.
WASHINGTON–President Joe Biden has nominated Rohit Chopra to become director of the Consumer Financial Protection Bureau.
ARLINGTON, Va.–Credit unions are awaiting the details of a new agreement between NCUA and the CFPB.
NEW YORK–The CEO of the largest bank in the country—which is larger than the total assets of all U.S. credit unions combined–believes traditional financial institutions such as his should be “scared shitless” about emerging fintech competitors.