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WASHINGTON–With the Federal Reserve largely expected to raise rates another 25 basis points before it adjourns its May meeting on Wednesday, a new analysis by WalletHub has found the 500 basis points in increases since March 2022 will cost people with credit card debt at least $33.4 billion over the next 12 months.

NEW YORK–How can the country avoid bank runs? Two writers with the New York Times have put out a proposal for consideration.

WASHINGTON—Changes to mortgage Loan Originator rules under Regulation Z would prove “highly disruptive,” NAFCU told the CFPB.

WASHINGTON–With Small Business Week beginning April 30, a new survey has found a majority of small business owners saying high interest rates and inflation are taking a toll on their businesses.

ABU DHABI, UAE—The Central Bank of the UAE has launched its Central Bank Digital Currency (CBDC) Implementation Strategy.