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  • Staff Reporter 1
    U.S. Education Secretary DeVos Expands on Revamped College Scorecard, Adding Second-year Post Graduation Earnings and Cumulative Loan Data to Help Students Make Informed Choices
    by Staff Reporter 1
    U.S. Education Secretary DeVos Expands on Revamped College Scorecard, Adding Second-year Post Graduation Earnings and Cumulative Loan Data to Help Students Make Informed Choices | site |


    (Information contained in U.S. Department of Education press release: December 2, 2020)

    Washington - - Delivering on her promise to continually update and improve College Scorecard, U.S. Secretary of Education Betsy DeVos announced today that students can now compare average earnings two years after graduation based on field of study and how much federal student loan debt they can expect to incur, including new information on Parent PLUS loans, based on where they decide to attend school.

    Building on Secretary DeVos' successful revamp of College Scorecard in Nov. 2019, College Scorecard now provides new median income data for students two years out from their date of graduation across the various fields of study an institution offers. Future earnings data
    ...
    12-03-2020, 05:55 AM
  • Staff Reporter 1
    Transcript for CDC Telebriefing on the COVID-19 Outbreak
    by Staff Reporter 1
    Transcript for Centers for Disease Control and Prevention Telebriefing on the COVID-19 Outbreak | site |



    (Information contained in Centers for Disease Control and Prevention [CDC] press release: December 2, 2020)


    Please Note: This transcript is not edited and may contain errors.

    OPERATOR: GOOD MORNING. WELCOME TO TODAY’S CONFERENCE CALL. AT THIS TIME YOUR LINES HAVE BEEN PLACED ON LISTEN ONLY UNTIL THE QUESTION AND ANSWER PORTION OF OUR CALL. AT WHICH TIME YOU WILL BE PROMPTED TO PRESS STAR ONE ON YOUR TOUCHTONE PHONE. PLEASE ENSURE YOUR LINE IS UNMUTED AND RECORD YOUR NAME AND AFFILIATION TO BE INTRODUCED TO ASK YOUR QUESTION. YOU WILL BE LIMITED TO ONE QUESTION FOR TODAY’S CONFERENCE. THE CONFERENCE IS BEING RECORDED. IF YOU HAVE ANY OBJECTIONS YOU MAY DISCONNECT AT THIS TIME. I WILL TURN THE CONFERENCE OVER TO OUR HOST MR. BEN HAYNES. YOU MAY PROCEED.

    HAYNES: THANK YOU, JILL. THANK YOU ALL FOR JOINING US TODAY
    ...
    12-03-2020, 03:50 AM
  • Staff Reporter 1
    DHS Issues Detention Order on Cotton Products Made by Xinjiang Production and Construction Corps Using Prison Labor
    by Staff Reporter 1
    U.S. Department of Homeland Security Issues Detention Order on Cotton Products Made by Xinjiang Production and Construction Corps Using Prison Labor | site |



    (Information contained in U.S. Department of Homeland Security (DHS) press release: December 2, 2020) The U.S. Department of Homeland Security announced today that U.S. Customs and Border Protection (CBP) personnel at all U.S. ports of entry will detain shipments containing cotton and cotton products originating from the Xinjiang Production and Construction Corps (XPCC). CBP’s Office of Trade directed the issuance of a Withhold Release Order (WRO) against cotton products made by the XPCC based on information that reasonably indicates the use of forced labor, including convict labor. The WRO applies to all cotton and cotton products produced by the XPCC and its subordinate and affiliated entities as well as any products that are made in whole or in part with or derived from that cotton, such ...
    12-03-2020, 03:17 AM
  • Staff Reporter 1
    IRS National Tax Security Awareness Week, Day 2 - - - 2021 Online Tax Preparation Products to Offer Multi-factor Authentication
    by Staff Reporter 1
    IRS National Tax Security Awareness Week, Day 2: 2021 Online Tax Preparation Products to Offer Multi-factor Authentication for Taxpayers, Tax Pros | site |


    (Information contained in U.S. Internal Revenue Service [IRS] press release dated: December 1, 2020) Washington - - The Internal Revenue Service, state tax agencies and the tax industry today marked the second day of National Tax Security Awareness Week by announcing an improved feature that will be available on all 2021 online tax preparation products. Designed to protect both taxpayers and tax professionals, multi-factor authentication means the returning user must enter two pieces of data to securely access an account or application. For example, taxpayers must enter their credentials (username and password) plus a numerical code sent as a text to their mobile phone. The agreement to add the multi-factor authentication feature is just one publicly visible example of the ongoing collaboration by the...
    12-03-2020, 02:55 AM
  • Staff Reporter 1
    FDIC says FDIC-Insured Institutions Reported Improved Profitability in Third Quarter 2020
    by Staff Reporter 1
    Federal Deposit Insurance Corporation says FDIC-Insured Institutions Reported Improved Profitability in Third Quarter 2020 | site |
    • Quarterly Net Income Improved, Primarily Because of Lower Provision Expense
    • Net Interest Margin Fell to a Record Low
    • Loan and Lease Balances Declined, Driven by Reduced Commercial and Industrial Lending Activity
    • Noncurrent Loan Balances Increased Modestly
    • Community Banks Reported a 10 Percent Increase in Net Income Year Over Year



    “The banking industry exhibited operational resiliency in the third quarter, with improvements in profitability despite continued headwinds and economic uncertainties resulting from the effects of the COVID-19 pandemic.”

    — FDIC Chairman Jelena McWilliams




    (Information contained in Federal Deposit Insurance Corporation press release: December 1, 2020)

    Washington - - The Federal Deposit Insurance Corporation (FDIC) today reported results from commercial...
    12-02-2020, 06:09 AM

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