HOUSTON-PrimeWay FCU reported that its former chairman, Curtis Parkerson, has passed away. Parkerson joined PrimeWay's supervisory committee in 1984 and then served on the board, dedicating 25 years to the CU. He won the National Association of CU Supervisory Auditing Committees' 2009 Golden Service Award for his contribution to CUs.
Markets are still pricing in an increase in the federal funds rate later this month, but Federal Reserve Gov. Michael Barr said his vote will depend on incoming unemployment and inflation data.
The initial coin offering boom of a decade ago was a manic free-for-all, but inside that mania was the germ of a genuinely good idea.
Many traders took the Federal Reserve chair's tough talk on inflation as a signal that the central bank is poised for a rate hike, but the corresponding dip in long-dated bonds proved short-lived.
