News

DEARBORN, Mich. -- The $1.8 billion DFCU Federal Credit Union has said it is disappointed with Michigan Judge Cynthia Stephens decision for some of its members and against the CU in a long running legal dispute.

NEW YORK -- The financial markets saw one of their best days in months yesterday, a move attributed to the Federal Reserve's interest rate cuts and, to a lesser extent, by an extremely strong initial public offering of stock from Visa Inc.

NEW YORK -- The financial markets saw one of their best days in months yesterday, a move attributed to the Federal Reserve's interest rate cuts and, to a lesser extent, by an extremely strong initial public offering of stock from Visa Inc.

LITTLE ROCK, Ark. -- Arkansas Attorney General Dustin McDaniel has sent letters to 60 companies which run payday lending operations in the state asking that they shut down operations immediately or face likely lawsuits from his office, according to media reports.

WASHINGTON -- As expected by financial markets watchers, the Federal Reserve today cut the federal funds rate to 2.25%, the lowest it has been in three years, marking the third time it has lowered the rate since September.

WASHINGTON -- As expected by financial markets watchers, the Federal Reserve today cut the federal funds rate to 2.25%, the lowest it has been in three years, marking the third time it has lowered the rate since September.