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Fed Inches Toward Rate Hike; A Woman on the Ten-Spot

With Wayne Tew set to retire from Clark County CU Aug. 21, the $572 million has tapped Matt Kershaw to succeed him as the new CEO.

After months of refusing industry and legislative calls to delay combining the requirements of two mortgage disclosure laws, the Consumer Financial Protection Bureau announced a two-month delay.

Most passwords rely too much on pet names, anniversary dates and other easily-guessed concepts. But replacing those words with pictures could provide a substantial improvement in security.

Forget about Bitcoin or other digital currencies. Consumers already have an alternative to cash – reward points – and the fast development of mobile wallets will enable them to spend these points widely.

The most striking thing about Apple Pay's recent loyalty announcement is that it included no loyalty program for Apple Pay.

WASHINGTON — The House Appropriations Committee approved legislation Wednesday to subject the Consumer Financial Protection Bureau to the federal appropriations process and block the agency from issuing a rule on mandatory arbitration clauses.

The chair of the Federal Reserve said that though it takes the Community Reinvestment Act "very seriously," it is looking at possible changes to the rules implementing the 1977 anti-redlining law to address concerns that it is too lax.

WASHINGTON — After months of declining industry and congressional pleas to delay an impending rule combining two mortgage disclosure regimes, the Consumer Financial Protection Bureau on Wednesday announced a two-month delay due to an "administrative error."

Treasury Secretary Jacob Lew downplayed concerns by House Republicans Thursday that financial regulation is a key driver in spurring recent market volatility and a possible reduction in liquidity.