Fed Extends Paycheck Protection Program Liquidity Facility for Final Time

A Senate bill to cap the annual percentage rate for credit cards at 10% would have a devastating effect on access to credit for individuals and small business owners who use their personal cards as a form of...

The leaders of the congressional committees overseeing the financial services sector have introduced a resolution to overturn a CFPB rule capping fees for overdraft services.

The rate for a 30-year fixed-rate mortgage was 6.87% this week. The rate for a 15-year fixed-rate mortgage was 6.09%.

The Federal Reserve announced that it has pushed back by four months the implementation date of the ISO 20022 message format for the Fedwire Funds Service, from March 10 to July 14.

The OCC released economic and financial market scenarios for use in its upcoming stress tests for covered institutions, as required by the Dodd-Frank Act.

The Producer Price Index increased 0.4% in January from the previous month, the Labor Department reported. The index showed prices increased 3.5% from a year before.