Fed Updates Main Street Lending Program FAQs

As independently owned and operated small businesses, fast-food restaurant franchisees have unique business needs. They have mobile and often part-time workforces, complex inventory management and the constant challenge of managing both a small business and being the face...

The rate for a 30-year fixed-rate mortgage was 6.76% this week. The rate for a 15-year fixed-rate mortgage was 5.89%.

A bill to create a regulatory framework for stablecoins stalled in the Senate after it failed to generate enough votes to advance. Afterward, Senate Republicans vowed to continue working to pass the legislation.

OCC issued an interim final rule restoring its streamlined process for reviewing bank merger applications and rescinding other changes criticized by banks and lawmakers.

Consumer inflation expectations in April were unchanged over the short term, increased over the medium term and decreased over the longer term, according to the Federal Reserve Bank of New York’s most recent Survey of Consumer Expectations.

While the majority of debit card compromises still occur at nonbank ATMs, bank ATMs currently represent 27% of compromise locations, according to FICO.