ATLANTA - (04/22/05) -- Credit bureau Equifax Inc. saidearnings for its fiscal first quarter rose 15% to $58.6 million, or44 cents a share, over the same period last year, based on strongdemand for the company's core credit reports. The company saidfirst quarter revenues climbed 11% to $343 million, with its NorthAmerican unit growing its revenues by 10%, to $282 million.Personal solutions, through which the company provides creditreports directly to consumers, grew 19% during the quarter to $30million.
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The Federal Reserve has banned a Wyoming bank employee from the banking industry for embezzling more than $30,000 from a charity.
40m ago -
The Bureau of Labor Statistics issued its unemployment report for June, showing that the economy added 147,000 jobs. The report supports the Federal Reserve's patience to cut interest rates.
3h ago -
A Federal Reserve proposal to calculate stress capital buffers would mean that the banking system could be less likely to withstand an economic shock, the Democratic senator said.
4h ago -
The president and his allies have stepped up their verbal attacks on the Federal Reserve and its chairman in recent weeks, and while the tough talk has not changed policy, it has sent a clear message to the financial sector.
6h ago -
Backed by tech billionaires, the crypto-focused digital startup bank's timely application reflects the current administration's openness to new tech-driven banking models — and raises concerns about regulatory impartiality, considering its backers' political ties.
July 2 -
The application follows on the heels of Circle and Wise, as crypto and payment companies seek crypto custody approval and direct access to the Federal Reserve payment system.
July 2