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WASHINGTON–As widely expected, despite indicators of cooling inflation the Federal Reserve’s Open Market Committee has voted to boost interest rates another 50 basis points, bringing its target range to decided to raise the target range for the federal funds rate to 4.25%--4.50%, and indicated the increases will continue.

WASHINGTON–While financial exploitation of older people is the frequent focus of warnings and caution, a new FTC report says it’s people under age 60 who are significantly more likely—86%—to report losing money to online shopping scams than older adults.

WASHINGTON—The CFPB has issued a technical amendment to the Home Mortgage Disclosure Act (HMDA) rule to update Regulation C to reflect the closed-end mortgage loan threshold, in accordance with a recent court decision.

VANCOUVER, Wash. – The 6th annual Columbia Credit Union McKibbin Legacy Classic—a charity golf tournament organized by Columbia Credit Union and presented by Vesta Hospitality paying tribute to the late John McKibbin—raised $42,396 for community nonprofit organizations.