Advocacy, engagement, collaboration
We hosted our National Credit Union Roundtable earlier this week, where each session provided not only an opportunity for America’s Credit Unions to share updates, but for us to ...
The latest from John Pettit
CFPB: Overdraft, NSF fee income dropped 24% in past two years
Overdraft and nonsufficient fund fee revenue at the nation’s banks dropped 24% between 2022 and 2023, the Consumer Financial Protection Bureau reported this week. Income from those fees has ...
The Fed’s preferred inflation gauge just moved in the wrong direction
Inflation remained stubbornly high last month, but it hasn’t stopped Americans from spending. The Personal Consumption Expenditures price index — a closely watched inflation gauge favored by the Federal Reserve — ...
6 life insurance options when your term policy is up
If you’re like many people, you may have purchased term life insurance years ago to financially protect the people you care about. The right next step for you depends ...
Unraveling AI’s prediction potential
People are wary of artificial intelligence. They’re wondering if AI will turn out to be just another trend or buzzword that fades in time. They’re simultaneously worried that ...
Q1 GDP ‘fell shy of expectations,’ but had some strong components
The Bureau of Economic Analysis Thursday released 2024’s first quarter gross domestic product (GDP) report, which showed an annual rate increase of 1.6%. “GDP fell shy of expectations ...
Gold’s price is high. Is it still safe to invest in?
Gold’s price has made a spectacular run for the top over the past several months against a backdrop of high demand led by unwavering inflation. According to American Hartford ...
Wall Street stocks fall as weak GDP growth spreads rate-cut gloom
Wall Street stocks closed lower on Thursday as markets were stunned by data showing slower-than-expected U.S. economic growth and persistent inflation, coupled with a sell-off in large cap stocks ...