CPI Rises Slightly in June
The Consumer Price Index increased 0.6% in June on a seasonally adjusted basis, according to the U.S. Bureau of Labor...
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Small Business Optimism Improves in June
The NFIB Small Business Optimism Index rose 6.2 points in June to 100.6, a strong improvement from May’s 94.4 reading. ...
SBA Provides Guidance on Monthly PPP Form 1502 Filings; First Report Due July 17
In a procedural notice tonight, the Small Business Administration provided guidance on the monthly Form 1502 reports that lenders must...
CFPB Study Finds Mixed Results for ‘Credit-Builder’ Loans
The Consumer Financial Protection Bureau today released a study of the effects of so-called credit-builder loans on credit scores.
ABA: More Detail Needed in FinCEN Analysis of CTR Burden
A recent estimate by the Financial Crimes Enforcement Network of the total cost to file currency transaction reports “significantly underestimates”...
Agencies Propose Rule to Increase Flexibility for Grandfathered Group Health Plans
The Departments of Treasury, Labor, and Health and Human Services on Friday issued a proposed rule to amend the requirements for grandfathered...
New CFPB Study Examines Recent Debt Settlement, Credit Counseling Trends
A new report from the CFPB found “substantial changes in debt settlement activities over the last 13 years,” likely driven...
Producer Price Index Lower Than Expected in June
The Producer Price Index for final demand fell 0.2% in June, seasonally adjusted, according to the U.S. Bureau of Labor...
FHFA Extends Loan Processing Flexibilities for GSEs
To continue providing support to mortgage borrowers during the coronavirus pandemic, the Federal Housing Finance Agency said it would extend...
