WASHINGTON–Wages, prices and consumer spending all increased over the year ending in June, according to new government data, creating a challenge for economists and the Fed as they seek to interpret what all the numbers mean and how to best move forward.
Fresh Today
CLARION, Penn.–Clarion FCU has a new name.
BALTIMORE–Securityplus Federal Credit Union said it has launched “Know Money Know Empowerment,” a program which strives to make a “positive difference” by providing free online financial education courses and membership to individuals located in underserved communities in Baltimore City.
WOODBURN, Ind.–Financial Partners FCU has expanded its field of membership to Adams, Allen and DeKalb counties in Indiana. The FOM expansion was done with the assistance of Dollar Associates and approved by NCUA.
PLANO, Texas–Two credit union have announced new investments in the CUSO Illuma Labs.
WASHINGTON—The Federal Trade Commission is sending payments totaling more than $1 million to 1,966 consumers who were harmed by a debt collection scheme that conned consumers into paying debts they did not owe
WASHINGTON—The Federal Trade Commission has taken action against online home buying firm Opendoor Labs Inc., for allegedly “cheating” potential home sellers by “tricking” them into thinking that they could make more money selling their home to Opendoor than on the open market using the traditional sales process.
NEW YORK—Buy now, pay later (BNPL) firm Splitit is reporting it is partnering with letus, a cloud-based payment platform for the rental market, via an Installments-as-a-Service integration.
HAMPSHIRE, U.K.– A new study from Juniper Research is forecasting the total number of digital wallet users will exceed 5.2 billion globally in 2026, up from 3.4 billion in 2022.
CHICAGO–TransUnion said it is partnering with the University of Texas at Austin McCombs School of Business to underwrite an effort to “push the frontiers of financial data science.”
