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Friday, May 9th, 2025

Home » Industry » Page 77

Industry

Legal concerns for U.S. businesses operating in Russia grow as State Department issues new advisory

By Financial Regulation News Reports   |   February 27, 2024   |   Featured

After repeated calls from U.S. Sen. Sherrod Brown (D-OH), the Department of State recently issued new guidance to U.S. businesses warning that continuing to work with Russia could imperil them legally...

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Black women face barriers to building generational wealth, study finds

By Liz Carey   |   February 26, 2024   |   Industry

A new report from Goldman Sachs has found that Black women continue to face obstacles when it comes to leaving a financial legacy. The report, One Million Black Women, found that while Black women...

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New ATTOM report looks at changes in commercial foreclosures

By Dave Kovaleski   |   February 26, 2024   |   Featured

A new report charts the fluctuations in commercial foreclosures in the United States over the past 10 years and shows a significant spike since the pandemic. The report, developed by ATTOM, a curat...

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Senate bill seeks to improve price transparency for hotel rooms

By Dave Kovaleski   |   February 26, 2024   |   Federal

A bill has been introduced in the U.S. Senate that would require any entity advertising a hotel room or short-term rental to clearly show the final price a customer will pay to book lodging up front. ...

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ABA’s Credit Conditions Index shows cautious optimism on the economy

By Dave Kovaleski   |   February 23, 2024   |   Featured

The American Bankers Association’s latest Credit Conditions Index revealed cautious optimism about credit conditions in 2024. The index improved to its highest level in six quarters as ABA’s E...

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SEC publishes report examining credit rating agencies

By Dave Kovaleski   |   February 23, 2024   |   Federal

The Securities and Exchange Commission (SEC) published its annual report to Congress this week on credit rating agencies. The report, conducted by the SEC’s Office of Credit Ratings, discusses th...

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Sen. Brown urges Fed to strengthen trading policies, penalties

By Dave Kovaleski   |   February 22, 2024   |   Federal

U.S. Sen. Sherrod Brown (D-OH) is urging Federal Reserve Chair Jerome Powell to strengthen enforcement penalties under the Fed’s Investment and Trading Policy. Brown, in a letter to Powell, cite...

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CFPB releases survey on credit terms and interest rates among banks

By Dave Kovaleski   |   February 21, 2024   |   Federal

A recent survey by the Consumer Financial Protection Bureau (CFPB) found that large banks are offering worse credit card terms and interest rates than small banks and credit unions, regardless of cred...

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Bill introduced in Congress seeks to protect consumers from price gouging

By Dave Kovaleski   |   February 21, 2024   |   Featured

A group of Democrats in Congress recently introduced legislation that seeks to protect consumers from price gouging. The Price Gouging Prevention Act of 2024 would authorize the Federal Trade Commi...

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U.S. Chamber debuts new interactive tool to gauge the impact of pass-through deduction

By Dave Kovaleski   |   February 20, 2024   |   Featured

The U.S. Chamber of Commerce rolled out a new tool that shows the economic impact of the 20 percent pass-through deduction on businesses, workers, and local economies. The tool, an interactive map...

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Cannabis Banking

  • New York State hits $1B in cannabis retail sales
  • AICPA makes recommendations to IRS on cannabis businesses in advance of marijuana reclassification
  • CTrust launches credit scoring platform for cannabis businesses
  • Senators push for legal cannabis businesses to have SBA access
  • Delaware to consider bill protecting financial businesses serving legal marijuana industry

Digital Currency

  • House Republican leaders draft of bill to establish U.S. digital asset framework
  • Sen. Thune to expedite vote on GENIUS Act stablecoins bill
  • Federal Reserve Board withdraws crypto-asset bank guidance
  • PGI Global founder charged in crypto fraud scheme
  • SEC Crypto Task Force to hold crypto custody roundtable

Most Read Last 7 Days

  • Lawmakers urge reconsideration of Capital One-Discover merger
  • CFPB says it will not prioritize buy now, pay later enforcement
  • Reps. Smucker, Davids introduce bill to reduce student loan burden
  • House Republican leaders draft of bill to establish U.S. digital asset framework
  • Credit Suisse hit with $510M fine for IRS violations
  • Sens. Gallego, McCormick sponsor legislation to boost affordable housing supply
  • Huntington National Bank opens first branch in the Carolinas
  • Tariffs have begun harming small businesses, according to Senate committee report
  • Legislation would promote competition in mobile app marketplace
  • Stephen Luparello named chairman of OCC

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