News

With CFPB, It's Buy Now, Pay Later, Enforcement Not So Much
On May 6, the Consumer Financial Protection Bureau announced it will no longer prioritize enforcement actions taken on buy ...
Federal Reserve official sees signs of slowing economy but not ready to cut rates
WASHINGTON (AP) — A top Federal Reserve official said Friday that massive uncertainty created by President Donald Trump’s ...
mlive1d
Federal government will no longer accept checks as payment starting later this year
The government will transition to using electronic funds transfer (EFT) methods for issuing and receiving payments starting ...
What Today's Fed Decision Means for Your Bank Balance
The Fed is still sitting pat on interest rates, and it's unclear what's in store for the rest of 2025. That means you still ...
CNET2d
The Fed Paused Rates Again. Here's What That Means for CD and Savings Account APYs
The Fed meets eight times a year to assess the health of the US economy and vote on the federal funds rate, the rate banks ...
CNET2d
4 Money Moves You Must Make ASAP Now That the Fed Has Paused Rates
Banks tend to follow the Fed's lead when setting CD rates. A rate pause means there's still time to score a high annual percentage yield on a CD. APYs have been falling even with rates paused, so if ...
The Fed leaves its key interest rate as is. Here’s how you can benefit
The Trump administration’s tariffs regime has disrupted markets, darkened the outlook for employers and businesses and ...
What the Fed’s Rate Policy Means for Your Finances
Here’s how the central bank’s interest rate stance influences car loans, credit cards, mortgages, savings and student loans.
Consumers May Have Fewer Protections When Using Buy-Now-Pay-Later Plans
Trump's CFPB will effectively stop enforcing a Biden-era rule that gave consumers the right to dispute charges on buy-now-pay ...
Public Broadcasting Service (PBS)2d
WATCH: Powell holds news conference after Fed leaves key interest rate unchanged
The Federal Reserve kept its key interest rate at 4.3 percent for the third straight meeting, after cutting it three times in ...
US digital payments: How are new and traditional payments rails merging?
This is an excerpt from The Future of US Digital Payments 2025: ACH & Beyond.
Boston Herald14d
Why Trump’s call for the Fed to cut interest rates may not help consumers
Mortgage rates are now higher than they were when the Fed cut. A range of factors can affect longer-term Treasury rates, including expectations for future growth and inflation, as well as the ...