NEW YORK–The bond market signals are flashing “a pretty good chance of a recession sometime in the next year or so,” according to Nobel Prize-winning economist Paul Krugman.
Fresh Today
WASHINGTON–What to make of the yield curve has been much discussed in credit unions as to whether it’s a sure-fire signal of a recession to come or not the predictor it has been in the past.
ARLINGTON, Va.–Credit unions certainly had a few legislative victories in 2019, but other priorities that had looked promising when the year began never materialized, some of which were surprising, according to NAFCU’s Carrie Hunt.
ARLINGTON, Va.—How will the 2020 presidential election and its propensity for dominating the agenda in Washington affect credit union legislative priorities in the coming year?
PURCHASE, N.Y.—Retailers have had a lot to cheer about this holiday season.
WASHINGTON–The move by Congress to remove language from legislation that would have given banks the same access to military bases as credit unions likely means even more banks will shut own services on those bases, according to the Association of Military Banks of America.
ALEXANDRIA, Va. – NCUA has issued one prohibition notice and one prohibition order in December.
BRIGHAM CITY, Utah–Box Elder Credit Union said it has now completed a year-long celebration of its 65th anniversary after having sponsored 65 acts of kindness to its members and the community of Box Elder County throughout 2019.
LONDON–With new fintech entrants going after every piece of the banking value chain, GlobalData has released a new report examining the six trends that are helping drive fintech growth.
MOSCOW—The Bank of Russia has initiated testing of stablecoins pegged to real estate under its regulatory sandbox program.