Energy shock drives consumer prices up 0.6% in April

Key takeaway: Inflation in April continued to accelerate among all categories tracked, despite slight dips in the overall energy index.  Supporting data: The Consumer Price Index, a monthly indicator of consumer inflation, rose by 0.6% in April and 3.8% year over year. What’s at stake: Federal Reserve officials are likely watching the latest inflation figures […]

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Freedom Mortgage settles FLSA suit with call center workers

Freedom Mortgage has agreed to pay a $750,000 settlement to resolve a Fair Labor Standards Act complaint from a class of over 900 employees.  Processing Content A federal judge last month granted preliminary approval to the agreement between the large lender and servicer and remote call center employees. The lawsuit filed last March claims that

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