NEW YORK—An increasing number of Americans are looking more favorably upon the idea of open banking, according to a new survey.
Fresh Today
TUCSON, Ariz.–Ron Parker, who was active in credit union accounting work and issues at the local and national levels, has died. Mr. Parker was 79.
WASHINGTON—Remittances to low- and middle-income countries (LMICs) grew an estimated 3.8% in 2023, a moderation from the high gains of the previous two years, the World Bank is reporting.
WASHINGTON—The Consumer Financial Protection Bureau has fined U.S. Bank nearly $21 million for cutting off access to unemployment insurance benefits during the height of the COVID-19 pandemic.
LONDON—The British government has pledged to probe banking troubles faced by crypto companies with “lawmakers focused on the issue,” according to a new report.
RUTLAND, Vt.–The number of open positions for which credit unions are seeking candidates is always being updated on CUToday.info’s The Gig.
WASHINGTON–The December job numbers show 2023 will go down as a year when the employment market consistently defied expectations. But what it means for the future of the Fed and rates remains the subject of debate.
WASHINGTON – The first meeting has been held by the transition board of directors for America’s Credit Unions, the new trade group formed by the merger of CUNA and NAFCU that became official on Jan. 1.
WASHINGTON–Mortgage rates moving in a zigzag pattern have removed much of the appeal of adjustable-rate loans (ARMs), according to a new report.
NEW YORK–A new analysis of the Federal Reserve’s plans to “tame the housing frenzy with higher interest rates has a major blind spot. More than 40% of all U.S. mortgages—most of which are fixed-rate—were obtained in 2020 or 2021 when rates were “rock bottom.”
