ARLINGTON, Va.—Existing home sales fell 0.7% in August to a seasonally-adjusted annual rate of 4.04 million units, representing a 15.3% decrease in sales versus a year ago.
Fresh Today
WASHINGTON— The ongoing fight over the potential introduction of a central bank digital currency (CBDC) by the Federal Reserve continues to heat up within the U.S. House Financial Services Committee, with divisions along party lines, according to a new report.
WASHINGTON–The Biden administration has issued a directive that would, for the first time, have federal agencies consider the economic damage caused by climate change when deciding what kinds of vehicles, equipment and goods to buy.
WASHINGTON – At least one credit union-affiliated organization has received funds as part of the $5 billion in New Markets Tax Credits announced by the Treasury Department’s CDFI Fund.
WASHINGTON–CUNA CEO Jim Nussle and NAFCU CEO Dan Berger have jointly published a rebuttal to an op-ed in the Wall Street Journal that called credit unions “profit-seeking enterprises masquerading as tax-exempt nonprofits.
MADISON, Wis.–The World Council of Credit Unions will host a webinar titled, “Climate Change Challenges and Opportunities for Credit Unions” on Sept. 28. The webinar will begin at 10 a.m. E.T.
NEW YORK—Some major card issuers are employing a new strategy to raise liquidity levels by also offering attractive savings accounts to increase deposits.
LONDON—The World Federation of Exchanges (WFE), the global industry group for exchanges and central counterparties, has published the first of a two-part research project that analyzes exchange engagement with crypto market developments.
LONDON—Britain's financial watchdog said it has launched a formal review into how banks conduct mandatory extra checks on "politically exposed" customers and their families for money laundering risks.
NEW YORK—In a concerning issue that credit unions will want to be aware of, a growing number of identity theft victims are having thoughts of suicide, a new report warns.