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COSTA MESA, Calif.­­—Where do Americans stand on the long-anticipated cashless society? They are ready to continue anticipating.

NEW YORK–One analyst is predicting a fundamental shift in how Millennials in the U.S. spend money is going to have a significant effect on the U.S. economy. If true, the forecast would be good news for credit unions.

ONTARIO, Calif.–Humanidei, the talent recruiting firm formed by Jill Nowacki, former president of the Connecticut CU League, and Diana Dykstra, president of the California and Nevada leagues, has acquired the executive recruiting firm O’Rourke & Associates.

LAWRENCEVILLE, Ga.—The average price of a used vehicle for model years 2013-2017 decreased in value -1.0% during September, with cars changing -1.1% and trucks changing -1.0%, according to Black Book.

WASHINGTON—The CFPB plans host on Nov. 6 a symposium on Section 1071 of the Dodd-Frank Act, which requires the Bureau to collect data on lending to small businesses.  CFPB Director Kathy Kraninger is set to deliver remarks during the event, scheduled for 9:30 a.m. ET.

NEW YORK—The U.S. prime lending rate has fallen thanks to easier Fed monetary policy. But the spread between the prime rate and the average annualized rate on credit cards (5.3% and 17%, respectively) widened to a record level at the end of August, a new report reveals.

NEW YORK—Fed rate cuts aimed at boosting U.S. economic activity by lowering borrowing costs are not being reflected in the APRs on retail credit cards, a new report shows.