Browsing: Newsbytes

Economy

Consumer credit increased at a seasonally adjusted annual rate of 2.9 percent in April, down from a 3.8 percent rate in March. This was the slowest pace in seven months. Total outstanding credit increased $9.2 billion during the month (compared with $12.3 billion in March) to $3.88 trillion. Revolving credit, largely a reflection of credit

Legal

Consumer Financial Protection Bureau Acting Director Mick Mulvaney announced today that the bureau will drop its case against mortgage lender PHH Corp.

Insurance

In testimony before the Joint Economic Committee today, ABA HSA Council Executive Director Kevin McKechnie called on Congress to expand and strengthen health savings accounts as part of the ongoing effort to improve the American healthcare system.

1 655 656 657 658 659 1,060