According to the Primerica Household Budget Index (HBI) the average purchasing power for middle-income households in September increased. The HBI was 99.3 percent, up from 97.4 percent in August; ...
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The first half of the year saw the property casualty insurance industry deal with significant headwinds, according to a new report from the American Property Casualty Insurance Association (APCIA). ...
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The Biden-Harris administration is taking steps to convert high-vacancy commercial buildings to residential use in an effort to create housing that is affordable, energy efficient, and accessible to n...
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The Commodity Futures Trading Commission (CFTC) has signed an agreement with the French Autorité des marchés financiers (AMF) on the supervision and oversight of certain regulated firms that operate...
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A bipartisan bill was introduced in Congress last week that would establish a program allowing eligible workers access to portable, tax-advantaged retirement savings accounts. The Retirement Savin...
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A bill introduced in Congress last week seeks to update and expand unemployment insurance so that the program better meets the needs of the modern workforce and is ready to respond should America face...
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The Economic Opportunity Coalition (EOC) announced plans to secure $3 billion in deposits for community development financial institutions (CDFIs) and minority depository institutions (MDIs). The c...
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The Federal Reserve Board is seeking public comment on a proposal to lower the maximum interchange fee that a large debit card issuer can receive for a debit card transaction. This new proposal wo...
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Federal bank regulators finalized principles for a framework to manage exposures to climate–related financial risks for large financial institutions. The principles address physical and transitio...
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A final rule to strengthen and modernize the Community Reinvestment Act (CRA) was issued this week by federal bank regulatory agencies. The CRA is a law that was enacted nearly 50 years ago to enco...
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