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WASHINGTON—The Federal Reserve has released updated hypothetical scenarios to use in 2020 stress test exercises. The scenarios are used by the NCUA for credit union stress tests, and there are some differences worth paying attention to, according to NAFCU Chief Economist and Vice President of Research Curt Long.

ARLINGTON, Va.—With 225,000 jobs gained last month, NAFCU Chief Economist and Vice President of Research Curt Long said the report was "a good one," noting "sturdy job gains and rising rates of labor force participation."

Fed Budget

FREEHOLD, N.J.–Brick Township High School woodshop teacher Kim Haug was recently surprised by members of the First Financial Foundation with a $500 Erma Dorrer classroom grant for the 2019-2020 school year.