Pending home sales declined 2.1% in May from the prior month, the National Association of Realtors said today. The pending home sales index—a forward-looking indicator based on contract signings— decreased to 70.8. Year over year, pending transactions were down 6.6%.
ABA, state bankers associations warn credit card rate cap would cause economic harm
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...