Reversing a 20-year old precedent, the U.S. Supreme Court today ruled that corporations and unions can use money from their general treasuries to make campaign contributions.

The Federal Reserve announced today that it has hired an outside consultant to study trends in checking and electronic payments.

As senators prepare a jobs-creation package that CUNA and NAFCU hope will include an increase in the MBL cap, the trades yesterday wrote letters reiterating their support for the measure.

ARLINGTON, Va. -- In the prelude to the most recent crisis facing corporate credit unions, everybody messed up some.

Congress has placed financial service providers on the defensive during the past four years. But with an election scheduled for this year, the political pressures will be even greater.

Housing starts declined by 4% last month, a setback following the 8.9% increase in November, according to according to a report issued today by the Commerce Department and the Department of Housing and Urban Development.

In a victory for the GOP, Massachusetts State Sen. Scott Brown beat CUNA-backed Democratic nominee Attorney General Martha Coakley in yesterday's special election for the seat held for almost 47 years by U.S. Sen. Edward M. Kennedy, who died last August.

Losing $7.6 billion isn't usually something to be happy about, but for Citigroup it's a move in the right direction.