WASHINGTON, D.C. – Five Federal financial regulatory agencies today issued a joint statement on the use of alternative data in underwriting by banks, credit unions, and non-bank financial firms. The statement from the Federal Reserve Board (Federal Reserve), the Consumer…

Washington D.C. — The Securities and Exchange Commission has filed an emergency action and obtained temporary restraining order against two offshore entities conducting an alleged unregistered, ongoing digital token offering in the U.S. and overseas that has raised more than…

Defendants will be permanently banned from offering employment services as part of settlement The operator of a job placement company that deceived consumers with false promises of access to high-paying finance jobs and resume repair services for non-existent jobs will…

Net Debt Flows Fell 28% to $529 Billion; Debt Burdens Rising WASHINGTON — Total external debt of low- and middle-income countries climbed 5.3 percent to $7.8 trillion last year, while net debt flows (gross disbursements minus principal payments) from external…

LIFT’s “Operation Next” Hits Goal of Providing Training to 101 Soldiers, Preparing Them for Their Next Careers – in Advanced Manufacturing Pilot program provides separating military personnel with skills and credentials for the most in-demand advanced manufacturing jobs FORT CAMPBELL,…

The Federal Deposit Insurance Corporation's (FDIC) Office of the Ombudsman, an independent, neutral and confidential liaison between the agency and its stakeholders, published its 2018 Annual Report outlining the office's structure, outreach activities, and goals. "Engaging with our stakeholders helps…

New work adds to company's growing hypersonic portfolio TUCSON, Arizona -- Raytheon Company (NYSE: RTN) will build and deliver the control, actuation and power-conditioning subassemblies that control flight of the U.S. Army's new Common-Hypersonic Glide Body program. The work will…

FLORENCE –Fitch Ratings along with Standard and Poor’s Global Ratings have maintained their long-term rating for the upcoming Pinal County General Obligation Bonds with Fitch rating the county AA and S&P rating of AA- On August 7, the Board of…

The promoters of recruitment-based cryptocurrency schemes are permanently banned from operating or participating in any multi-level marketing program, as part of a settlement with the Federal Trade Commission. The FTC obtained a court order in March 2018 against Thomas Dluca,…

Program Will Create Awareness, Opportunities, and Pathways to Careers in Cybersecurity for Manufacturing (CHICAGO) – MxD has launched a comprehensive workforce development program for cybersecurity in manufacturing, underwritten with a $1.25 million grant from the Siemens Foundation. The grant will…

WASHINGTON – Last night, the U.S. Department of Commerce initialed a draft agreement with Mexican tomato growers to suspend the ongoing antidumping (AD) investigation of fresh tomatoes from Mexico, ensuring that the domestic tomato industry will be protected from unfair…

FinCEN Advisory Alerts Financial Sector to Fentanyl Trafficking schemes Washington – The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) and Treasury’s Financial Crimes Enforcement Network (FinCEN) announced coordinated actions to bring additional financial pressure upon those…