Latest Home equity loans News

The Latest: Fed uncertain on banking for marijuana firms

Jun. 13, 2018 3:26 PM EDT

WASHINGTON (AP) — The Latest on the Federal Reserve policy meeting (all times local): 3:20 p.m. Federal Reserve Chair Jerome Powell says the U.S. central bank has not resolved how financial institutions should deal with marijuana businesses. Marijuana usage is permitted in some states, but not by federal...

US consumer borrowing up $11.6 billion in March

May. 7, 2018 3:13 PM EDT

WASHINGTON (AP) — Americans increased their borrowing by $11.6 billion in March as a big increase in the category that covers auto and student loans offset the largest monthly drop in credit card borrowing in more than five years. The Federal Reserve says the March increase in total debt was below the...