The Federal Reserve (the Fed), the U.S.’ central bank that dictates interest rates, continues to indicate that a potential rate cut is on the horizon. Not...
NNPA NEWSWIRE — The Fed is taking every effort to promote income equality and workplace diversity and inclusion, but Regulation II would undercut its great work...
The report, “Closing the Racial Equity Gap: A Call to Action,” is a result of a series of Homeownership Solutions Summits held in Arizona, California, and...
In this economy, who has enough money for a down payment on a house? Despite a projected $25 billion budget deficit, the state of California does....
Two weeks after Silicon Valley Bank's collapse left thousands of businesses reeling, one Silicon Valley lawmaker is exploring legislation to ensure it doesn't happen again. At...
NNPA NEWSWIRE — MDIs have always focused on safety and soundness as a part of our conservative, relationship- based business model. We continue to monitor SVB’s...
NNPA NEWSWIRE — “The United States currently has certain interim policies and tools, such as automatic stabilizers like the Earned Income Tax Credit and Unemployment Insurance...
“Too many Americans are struggling to pay for basic necessities and to provide for their families. They should not be forced to choose between paying their...
NNPA NEWSWIRE — “African Americans never really recovered from the housing crash and economic meltdown and that reality is going to be a very important factor...
CHICAGO DEFENDER — National Preparedness Month is recognized each September as a way to promote family and community disaster and emergency planning. The Illinois Emergency Management Agency...
NNPA NEWSWIRE — “Black families are underserved and overcharged by institutions that can provide the best channels for saving,” states the McKinsey Global Institute (MGI) report,...
WASHINGTON INFORMER — The Federal Reserve has cut the interest rate by one-quarter of a percentage point, marking the first such cut in 11 years. The announcement...
NNPA NEWSWIRE — More than three years ago, under President Obama, the Treasury Department announced the redesign of the $20 note featuring Harriet Tubman’s portrait would...
NNPA NEWSWIRE — Finances should never be a barrier to graduation, nor should the financial impact of earning a college degree be a barrier for buying...
NASHVILLE PRIDE — Today, personal vehicles transport parents to work, take multiple family generations to school, access medical and/or business services, and more. With a car and...
HUDSON VALLEY PRESS — Senator Kamala D. Harris re-introduced the Ensuring Diverse Leadership Act
NNPA NEWSWIRE — “Bringing greater diversity to the Federal Reserve will ensure that more perspectives are heard as major decisions are being made about our nation’s...
EAST TEXAS REVIEW — Attorney General Ken Paxton has announced that Wells Fargo Bank N.A. will pay $575 million to resolve claims that the bank violated...
(Reuters) – Rising shelter and medical care costs boosted underlying U.S. inflation pressures in April, a welcome sign for the Federal Reserve as it contemplates...
(Reuters) – Rising shelter and medical care costs boosted underlying U.S. inflation pressures in April, a welcome sign for the Federal Reserve as it contemplates...
BERLIN (AP) — Swiss bank UBS says it is pleading guilty to wire fraud and is paying $545 million to settle U.S. cases of market...
BERLIN (AP) — Swiss bank UBS says it is pleading guilty to wire fraud and is paying $545 million to settle U.S. cases of market...
MATTHEW CRAFT, AP Business Writers PAUL WISEMAN, AP Business Writers NEW YORK (AP) — Nobody knows when exactly, but the day will eventually come when the...
MATTHEW CRAFT, AP Business Writers PAUL WISEMAN, AP Business Writers NEW YORK (AP) — Nobody knows when exactly, but the day will eventually come when the...
CHRISTOPHER S. RUGABER, AP Economics Writer WASHINGTON (AP) — Fueled by higher stock and home values, Americans’ net worth reached a record high in the final...
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