Fresh Today

Fresh Today

SEOUL, South Korea—Samsung Pay users can now wire money intentionally through their mobile phones and save in fees compared to sending money overseas via conventional remittance route.

WASHINGTON—The Trump administration’s nominee to oversee the Federal Housing Finance Authority said he is committed to preserving the 30-year mortgage­–a product he has criticized in the past–during a Senate confirmation hearing at which he faced tough questions and scrutiny primarily from Democratic members of the committee.

WASHINGTON–Following a national report highlighting large travel and entertainment expenses by the NCUA chairman, both nominees for the NCUA board were asked by chairman of the Senate Banking Committee for their position on NCUA board expenses.of the Senate Banking Committee for their position on NCUA board expenses.

WASHINGTON – A “staggering decline” in retail sales during December needs to “grab the attention” of policymakers according to one economist’s view. The data show retail sales plunged 1.2% in December even though many economists had projected a 0.2%.

WASHINGTON–The two nominees for positions on the NCUA board told a Senate hearing of their commitment to safety and soundness of credit unions and the insurance fund, while also offering thoughts on what will guide their regulatory philosophies.