WASHINGTON–There may be some good economic news in U.S. Treasurys and the inverted yield curve.
Fresh Today
ARLINGTON, Va.—New home sales increased 7.5% in October to 632,000 annualized units, while sales in September were revised down 15,000 units. Compared to last year, October sales were down 5.8%, according to new data.
NEW YORK—More Americans are considering applying for store credit cards to try and offset the financial strain during the upcoming holiday shopping season, according to a new report.
LONDON–Just adding to the competition credit unions face, more than 40 new challenger banks emerged in the last year globally despite an economic slowdown, according to a new analysis.
RICHMOND, Va.– Rep. A. Donald McEachin (D-VA.) has died, just weeks after winning reelection to Congress, with the trade groups issuing statements saying he had been a strong credit union supporter.
LAKEWOOD, Colo.—Aux, a CUSO that provides a variety of backoffice services to credit unions, is reporting it added 10 new CU clients during the third quarter.
BASINGSTOKE, U.K.- The total number of unique contactless mobile payment users will reach one-billion globally by 2024, up from 782 million in 2022, a growth of 60%, according to a new study from Juniper Research.
WASHINGTON–Princeton University has won the 19th annual national College Fed Challenge, a team competition that encourages undergraduate students to learn about the U.S. economy, monetary policymaking, and the role of the Federal Reserve System.
NEW YORK—As Christmas approaches, the majority of Americans are hoping for gift cards under their trees, according to a new survey.
NEW YORK–The nation’s largest bank, JPMorgan Chase, said it is expanding its parental leave policy and effective Jan. 1 it will give 16 weeks of time off to either parent for the birth or adoption of a child, regardless of whom is the primary caregiver.