Financial News

I have always thought that inflation is much higher than what is being reported based on how the CPI is calculated. The price of food has definitely gone way up read more

Updated August 9, 2020. President Donald Trump signed four executive orders at his golf club in New Jersey after failed stimulus negotiations with Congress.

Well we are not out of the woods yet but this is another step in the right direction. The stock market is also back up to pre-covid levels as well.

Currently, the year-over-year increase in the CPI-W through the second quarter of 2020 is 0.15%.“Assuming nothing dramatic occurs in the third quarter, my best read more

The government should again impose strict coronavirus-related lockdowns for a month or longer across the U.S. in order to boost the economy, a top Federal read more

(Bloomberg) -- The dollar is flashing a warning sign to U.S. policy makers -- get a grip on the virus.

As we approach the half-year mark for the Novel Coronavirus (COVID-19) pandemic in the U.S., Americans continue to feel the economic pain of furloughs and layoffs, read more

The Federal Open Market Committee issued its latest statement on July 29 and, unsurprisingly, held the federal-funds rate at 0.0%-0.25% with a unanimous vote . . . read more

In this crisis, money is priceless, yet banks and money market funds will pay you close to zero in interest for years. That's if everything turns out well. Having read more

Fitch Ratings - New York - 31 Jul 2020: Fitch Ratings has affirmed United States' Long-Term Foreign-Currency (LTFC) and Local-Currency (LC) Issuer Default Ratings read more

To you navigate the probably resumption of RMDs in 2021--and possible resolve your 2020 RMD strategy---here are some answers to questions swirling around in read more

First the good news: The biggest US banks have had time to brace themselves for a wave of losses. The bad news: They are still bracing themselves to withstand a read more

After 17 years as CEO of Alliant Credit Union, David W. Mooney has annoucned he is retiring. He will be repalced by Dennis Devine, previously president of Consumer read more

Since the Coronavirus (COVID-19) pandemic started to affect the American economy in March, the stock market has been fluctuating along with the news headlines. For read more

Court documents for the first time revealed new details and allegations of widespread fraud and corruption that occurred at the $3.2 billion Municipal Credit read more

Anderson Federal Credit Union and SC Telco are proposing the merger, which would result in a name change of SC Telco, according to a notice sent to credit union read more

(July 1, 2020) – The members of the Federal Financial Institutions Examination Council (FFIEC) today highlighted the risks that will result from the transition read more

Shortly after the Supreme Court’s decision, CUNA, NAFCU and CUNA Mutual Group released a joint announcement stating the groups “have long supported the rule and the read more

The central bank will proceed on a quarter-by-quarter basis given uncertainty over economic outlook

Cross River bank has had some very good cd deals in the past couple of years including the 3.56 percent 4 year cd

This is from a newsletter. Keep scrolling down until you get to THE REGULATORS. 

When it comes to a 401(k) account, most savers simply choose a target date fund and leave it that. Now, thanks to a rule change from the Trump administration, read more

The I.M.F. now projects that the U.S. economy will shrink 8 percent this year before expanding 4.5 percent next year.

It's natural to wonder how the coronavirus pandemic will affect the housing market, especially since many areas have only just recently recovered from the 2008 read more

Farming is one of the most complex forms of small business in America, where profits don't rely only on supply and demand, but also on unpredictable influences from read more

Crane Credit Union, a $635 million-asset financial institution, announced Thursday it is buying $89 million-asset Community State Bank of Southwestern Indiana. read more

Thinking about a home refinance? In this article, we'll cover the most important factors to consider and questions to ask to help you make the best decision for read more

The NCUA announced that a Georgia credit union was conserved on Thursday due to “unsafe and unsound practices at the credit union.”

A Bloomberg story about the dollar on verge of losing its status as the world's currency, generally because America and Americans have been living beyond their read more

June 10, 2020 Federal Reserve Chair Jerome Powell doesn’t care about your worries of a stock market bubble. Nor does he care about your inflation fears. What he read more