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What Is New?
Economic Indicators
- Major Economic Indicators Latest NumbersConsumer Price Index (CPI): -0.1% in Apr 2010 News Release Historical Data Unemployment Rate: 9.7% in May 2010 News Release Historical Data Payroll Employment: +431,000(p) in May 2010 News Release Historical Data Average Hourly Earnings: +$0.07(p) in May 2010 News Release Historical Data Producer Price Index (PPI): -0.1%(p) in Apr 2010 News Release Historica […]
- Major Economic Indicators Latest Numbers
Consumer News
- HP Expands Recall of Notebook Computer Batteries Due to Fire HazardThe recalled lithium-ion batteries can overheat, posing a fire and burn hazard to consumers. The recalled lithium-ion rechargeable batteries are used with various model series of HP and Compaq notebook computers. The chart below includes all notebook model numbers associated with batteries recalled to date. The computer model number is located at the top of […]
- HP Expands Recall of Notebook Computer Batteries Due to Fire Hazard
Economic Analysis
- Personal Income and Outlays, April 2010Personal income increased $54.4 billion, or 0.4 percent, and disposable personal income (DPI) increased $57.6 billion, or 0.5 percent, in April, according to the Bureau of Economic Analysis. Personal consumption expenditures (PCE) increased $4.0 billion, or less than 0.1 percent. In March, personal income increased $46.7 billion, or 0.4 percent, DPI increase […]
- Personal Income and Outlays, April 2010
Budget Office
- Federal Budget Deficit Was $941 Billion During the First Eight Months of Fiscal Year 2010The federal budget deficit was $941 billion during the first eight months of fiscal year 2010, CBO estimates in its latest monthly budget review, $51 billion less than the shortfall recorded over the same period last year. Both revenues and outlays were lower than the corresponding amounts during the same period last year, by 2 [...] […]
- Federal Budget Deficit Was $941 Billion During the First Eight Months of Fiscal Year 2010
Economic Outlook
- S. 3363, Water Resources Research Amendments Act of 2010Cost estimate for the bill as ordered reported by the Senate Committee on Environment and Public Works on May 20, 2010 […]
- Health Costs and the Federal BudgetCBO Director Doug Elmendorf's presentation to the Institute of Medicine […]
- H.R. 1345, District of Columbia Hatch Act Reform Act of 2010Cost estimate for the bill as ordered reported by the Senate Committee on Homeland Security and Governmental Affairs on May 17, 2010 […]
- Strategies for Maintaining the Navy's and Marine Corps' Inventories of Fighter Aircraft[…]
- H.R. 4213, Cost estimate for the American Jobs and Closing Tax Loopholes Act of 2010[…]
- S. 3363, Water Resources Research Amendments Act of 2010
Congressional Financial Literacy Day
April 27, 2010, Alexandria, Va. – The National Credit Union Administration today
highlighted NCUA and credit union industry efforts to enhance financial education
during the annual Congressional Financial Literacy Day on Capitol Hill. U.S. Senators
Daniel Akaka (D-Hawaii) and Michael Enzi (R-Wyoming) were honorary co-hosts of
this year’s event, which was attended several hundred congressional staff, members of
the news media and over a dozen federal agencies.
NCUA staff showcased the Agency’s new Office of Consumer Protection, which is
dedicated to assisting and improving consumer financial literacy, and distributed
informational materials designed to assist credit union members with money
management.
“If there’s one clear and obvious bright spot in the recent economic turmoil, it’s the
rededication of NCUA and the credit union industry to financial education,” commented
NCUA Chairman Debbie Matz. “Credit unions demonstrate a natural affinity for making
real-world, practical and useful financial literacy tools available to their members, and
NCUA takes every opportunity to foster those initiatives. I am pleased that NCUA was
able to articulate the credit union commitment to financial literacy today in front of a
Capitol Hill audience, and judging from the feedback from lawmakers and Congressional
staff in attendance, credit union leadership is appreciated.”
The National Credit Union Administration charters and supervises federal credit unions.
NCUA, with the backing of the full faith and credit of the U.S. government, also operates
and manages the National Credit Union Share Insurance Fund (NCUSIF), insuring the
deposits of 90 million account holders in all federal credit unions and the majority of
state-chartered credit unions. NCUA is funded by credit unions, not federal tax dollars