Federal Reserve Works to Improve U.S. Payment System

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The Federal Reserve has released Strategies for Improving the U.S. Payment System: Federal Reserve Next Steps in the Payments Improvement Journey, a report outlining the latest tactics to assist with the improvement of the U.S. payment system’s speed, efficiency and safety.

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Millennials Comprise Highest Share of Single Mothers

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As the largest living population—79.8 million as of 2016—millennials represent an interesting group of Americans; at once capable of revitalizing the housing sector and labor force, but interestingly delaying milestones later in life than previous generations. While some analysts assert that this young generation will enter homeownership just like Baby Boomers and Generation Xers once they marry and have children, the housing ecosystem is still holding its breath.

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