Results from a recent banking survey maintain entrepreneurs remain upbeat about future economic growth as they set their sights on 2018. The fall 2017 Bank of America Business Advantage Small Busin...
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Compensation levels increased to their highest total since December 2000, according to the National Federation of Independent Business’s (NFIB) Job Report for October 2017. “Owners are raising...
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Attorneys general from 35 states recently joined an amicus brief filed by the Colorado Attorney General in support of a suit that seeks to overturn a rule that forbids states from collecting sales tax...
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The House Subcommittee on Capital Markets, Securities, and Investment held a hearing last week to discuss several bills that seek to reduce mutual fund regulations and, in turn, help small businesses....
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A new study finds that 92 percent of caregivers are also financial caregivers, meaning they are contributing to and/or coordinating finances for the person for which they are caring. The study –...
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Jerome Powell was nominated last week by President Trump as the next chair of the Federal Reserve Board of Governors, replacing Janet Yellen, whose term expires in February 2018. Powell’s new pos...
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The Public Company Accounting Oversight Board (PCAOB) struck an agreement with the Irish Auditing and Accounting Supervisory Authority that fosters cooperation between the two organizations in oversig...
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Reform of the U.S. housing finance system was the subject of a House Subcommittee on Housing and Insurance hearing last week. "We're holding this subcommittee hearing today because of the fact that...
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The Department of Commerce’s decision to initiate a steel antidumping (AD) investigation into practices by three nations is being praised by Sen. Bob Casey (D-PA). Commerce Secretary Wilbur Ross ...
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Non-depository financial institutions can renew their operating licenses for 2018 starting this week, according to the Conference of State Bank Supervisors (CSBS). The renewal period is between no...
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At a subcommittee hearing this week, lawmakers heard from a representative of the trade association that represents the major credit reporting companies what they are doing to protect consumers data. ...
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Data security vulnerabilities in federal and state security regulations were examined in a hearing this week by the House Subcommittee on Financial Institutions and Consumer Credit. Lawmakers need ...
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A bill designed to foster initial public offerings (IPO) for private companies has garnered House approval. Reps. Gregory Meeks (D-NY) and Ted Budd (R-NC) said the Encouraging Public Offerings Act...
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The Consumer Financial Protection Bureau (CFPB) has tracked consumer complaints since its inception in 2011 and has found that one subset of consumers, military personnel, face different financial cha...
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T-Mobile USA Inc. markets itself as the Un-carrier of America for redefining how wireless services are purchased and specifically touts “unlimited everything,” including Netflix, in-flight Wi-Fi a...
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Results of a joint survey point to a decline in farm profitability in the last 12 months. The combined effort of the American Bankers Association (ABA) and the Federal Agricultural Mortgage Corpora...
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Credit card use increased 9 percent overall in the second quarter of 2017, according to the American Bankers Association’s latest Credit Card Market Monitor. Purchase volumes over the previous 1...
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The Congressional Joint Economic Committee (JEC) received the Trump Administration’s outlook on the economy at a hearing this week that featured testimony from Kevin Hassett, chairman of the Council...
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The Financial Industry Regulatory Authority (FINRA) plans to roll out its new streamlined and more accessible competency exams for financial services industry professionals in October 2018. Earlie...
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The Financial Services Institute (FSI) sent a letter this week to the Securities and Exchange Commission with feedback regarding a uniform standard of care for broker-dealers and investment advisors. ...
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