A roundup of the latest reports, orders, and memoranda from the key federal oversight and policy organizations.
Advertisement
Personal Finance Resources
A widely reported statistic from the Federal Reserve Board's annual report on the economic well-being of U.S. households reveals that 47 percent of households surveyed would not be able to come up with funds for a $400 emergency. They would need to borrow the money or sell something. Additionally, nearly 40 percent of respondents had given no thought or