Fresh Today

Fresh Today

WASHINGTON—Despite low economic growth late last year, consumers closed out 2015 with credit card debt rising at the fastest pace in more than seven years, new data indicates.

WASHINGTON—A “moderating pace” of sales had little impact on the trajectory of home prices during the final three months of the year, which picked up speed and showed continued growth in most of the U.S., according to the latest quarterly report by the National Association of Realtors.

DAVOS, Switzerland—Here’s one more thing for credit unions to worry about on their members’ behalf, especially as it affects the make-up of the workforce that may comprise a CU’s FOM, as well as the make-up of their own workforces.

DALLAS—The latest employment news is not encouraging for the nation's economic outlook, which is another sign that CUs should be cautious with lending, according to one analyst.